424 W 108th St, Los Angeles, CA 90061
View Photos

424 W 108th St Los Angeles, CA 90061

$885,000 Sold Price as of 05/13/2021
  • 11 Beds
  • 5 Baths
  • 3,992 Sq.Ft.
Sold
$885,000 Sold Price as of 05/13/2021 Refinance Your Mortgage

Map preview of 424 W 108th St, Los Angeles, CA 90061

Property Overview: 424 W 108th St Los Angeles, CA has 11 bedrooms, 5 bathrooms, 3,992 living square feet and 5,246 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own a 4-plex in prime Los Angeles area. Live in one unit and rent the others or rent them all! Units are all kept in great condition by tenants and property owners and have all been remodeled with modern style laminate and tile floors, kitchen cabinets and counters and dual pane windows. All units are individually metered for gas and electricity and each unit has 2 assigned parking spaces: 1 enclosed garage and 1 uncovered space Units are nicely distributed into one large lower level unit featuring 5 bedrooms/2 baths and two - 2 bedroom/1 bath units above. The detached back building features a 2 bedroom 1 bath unit above the 4 individual garages.

Listed by Lynette Najar | BRE #01456750 | eHomes
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,246
HOA Dues
$0/mo
Year built
1940
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
TR21050892
City
Los Angeles
County
Los Angeles
Time on Site
1162 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,811
  • Total Rent: $1,811
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $785
  • Total Rent: $785
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,420
  • Total Rent: $1,420
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,376
  • Net Operating Income: $62,705
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,671
  • Electric: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Insurance: $0
  • Water/Sewer: $2,430

Property Details for 424 W 108th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One, Two
  • Security Features: Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Flat, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway - Combination, Garage
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls, End Unit
  • Total # of Units: 4
  • Parcel Number: 6061034006
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: between Grand/110 fwy & Vermont
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 424 W 108th St

Last sold for $885,000 on May 13th, 2021
  • May, 2021

  • May 14, 2021

    Date

    Sold

    CRMLS: TR21051060

    $885,000

    Price

  • Apr 13, 2021

    Date

    Pending

    CRMLS: TR21051060

    $875,000

    Price

  • Apr 6, 2021

    Date

    Active

    CRMLS: TR21051060

    $875,000

    Price

  • Mar 27, 2021

    Date

    Pending

    CRMLS: TR21051060

    $875,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: TR21051060

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to own a 4-plex in prime Los Angeles area. Live in one unit and rent the others or rent them all! Units are all kept in great condition by tenants and property owners and have all been remodeled with modern style laminate and tile floors, kitchen cabinets and counters and dual pane windows. All units are individually metered for gas and electricity and each unit has 2 assigned parking spaces: 1 enclosed garage and 1 uncovered space. Units are nicely distributed into one large lower level unit featuring 5 bedrooms/2 baths and two - 2 bedroom/1 bath units above. The detached back building features a 2 bedroom 1 bath unit above the 4 individual garages.

  • May, 2021

  • May 14, 2021

    Date

    Sold

    CRMLS: TR21050892

    $885,000

    Price

  • Apr 13, 2021

    Date

    Pending

    CRMLS: TR21050892

    $875,000

    Price

  • Apr 6, 2021

    Date

    Active

    CRMLS: TR21050892

    $875,000

    Price

  • Mar 27, 2021

    Date

    Pending

    CRMLS: TR21050892

    $875,000

    Price

  • Mar 17, 2021

    Date

    Active

    CRMLS: TR21050892

    $875,000

    Price

  • Mar 17, 2021

    Date

    Active Under Contract

    CRMLS: TR21050892

    $875,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: TR21050892

    $875,000

    Price

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: DW20167429

    $875,000

    Price

  • Feb 23, 2021

    Date

    Hold

    CRMLS: DW20167429

    $875,000

    Price

  • Feb 23, 2021

    Date

    Active

    CRMLS: DW20167429

    $875,000

    Price

  • Feb 17, 2021

    Date

    Hold

    CRMLS: DW20167429

    $875,000

    Price

  • Aug 17, 2020

    Date

    Active

    CRMLS: DW20167429

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    4plex Property- Live in one and rent 3 untis! In Good condition and well maintained. Very desirable location near LAX and Natural History Museum of Los Angeles. 1 unit has 5 bedrooms, 2 bath and the other 3 units are 2 bedroom, 2 bath. The rents have been consistent, but the market rents in the area are much higher giving a greater potential of income. One unit is Section 8

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: DW20167511

    $875,000

    Price

  • Feb 23, 2021

    Date

    Hold

    CRMLS: DW20167511

    $875,000

    Price

  • Feb 23, 2021

    Date

    Active

    CRMLS: DW20167511

    $875,000

    Price

  • Feb 17, 2021

    Date

    Hold

    CRMLS: DW20167511

    $875,000

    Price

  • Sep 6, 2020

    Date

    Active

    CRMLS: DW20167511

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    4plex Property- Live in one and rent 3 units. In Good condition and well maintained. Very desirable location near LAX and Natural History Museum of Los Angeles. 1 unit has 5 bedrooms, 2 bath and the other 3 units are 2 bedroom, 2 bath. The rents have been consistent, but the market rents in the area are much higher giving a greater potential of income. Only one unit is a section 8

  • April, 2018

  • Apr 2, 2018

    Date

    Canceled

    CRMLS: 18300998

    $769,900

    Price

  • Jan 16, 2018

    Date

    Active

    CRMLS: 18300998

    $769,900

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to invest. Renovated 4Plex, two separate building, almost 4000 sqft of building, huge units, great mix of three 2 bedroom 1 bath and one unit 5 bedroom 2 bath, which offers brand new kitchen and bathrooms, New kitchen with Granite counter top, new windows, Tile flooring, maintained building with minimum management required, close to transportation, markets and school. 4 covered garages.

  • April, 2016

  • Apr 19, 2016

    Date

    Sold (Public Records)

    Public Records

    $599,000

    Price

  • December, 2012

  • Dec 19, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 424 W 108th St

Assessed Value (2020): $648,375
Year Land Value Improved Value Assessed Value
2020 $454,621 $193,754 $648,375

Home Value Compared to the Market

This property vs the competition

424 W 108th St sold on May 13, 2021 for 26.47% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $219.19 per/sqft which puts the price per square foot 70.97% lower than the current median sale per square foot for the city of Los Angeles.

About 424 W 108th St

Detailed summary of property

424 W 108th St is a fourplex that recently sold in Los Angeles, CA 90061. This fourplex offered 11 bedrooms, 5 bathrooms, roughly 3,992 living square feet, and sits on an approximately 5,246 square foot lot. 424 W 108th St was first listed on ArdentRealEstateGroup.com on March 11, 2021. The homeowner sold the property for $885,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 26.47% lower than the current median priced home. Local homes that are currently for sale include 538 W 97th St, 11010 Avalon Blvd and 11016 Avalon Blvd. While the average home in Los Angeles, CA is selling in 94 days, 424 W 108th St has a days on market of 15 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 424 W 108th St Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 424 W 108th St

Public county record property details
Beds
7
Baths
5
Year built
1940
Sq. Ft.
3,992
Lot Size
5,246
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
295
APN
6061-034-006

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$579,000
Median List Price/Sq.Ft.
$494
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
30
Median Sale to List Price %
110.09%
Avg Days on Market
39
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.