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427 E 112Th St, Los Angeles, CA 90061
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427 E 112Th St Los Angeles, CA 90061

$1,289,900
  • 7 Beds
  • 5 Baths
  • 3,084 Sq.Ft.
For Sale
$1,289,900 Get Pre-Qualified
Map preview of 427 E 112Th St, Los Angeles, CA 90061

Property Overview: 427 E 112Th St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,084 living square feet and 6,838 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 100% VACANT…RARE OPPORTUNITY! Welcome to this exceptional investment opportunity in the heart of Los Angeles! This property features a total of four units, offering a mix of spacious living arrangements perfect for both tenants and landlords. The front unit is a beautifully remodeled 3-bedroom home, offering modern amenities and a comfortable layout. The addition of three brand-new units provides flexibility for potential renters, including a 2-bedroom unit and two 1-bedroom units, all thoughtfully designed for maximum comfort and convenience. Situated on a single-story layout, each unit offers easy access and a sense of privacy. The property is in great condition, ensuring a hassle-free experience for both tenants and owners. Live in one unit and rent out the others for added income, or maximize rental potential with Section 8 housing. Don't miss out on this rare chance to own a turnkey investment property in a prime location. Schedule your showing today and explore the endless possibilities this property has to offer!

Listed by Andrew Daggett | BRE #01907058 | The Associates Realty Group
Last checked: 9 minutes ago | Last updated: September 5th, 2024 | Source CRMLS | DOM: 133

Home details

Lot Sq. Ft
6,838
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
OC24024349
City
Los Angeles
County
Los Angeles
Time on Site
229 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,407
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,407
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,915
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $124,200
  • Net Operating Income: $93,150
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $31,050
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 427 E 112Th St

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Property Details for 427 E 112Th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Other
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6073021033
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 112th and Avalon Blvd
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 427 E 112Th St

View property's historical transactions

  • February, 2024

  • Feb 2, 2024

    Date

    Active

    CRMLS: OC24024349

    $1,399,900

    Price

Tax History for 427 E 112Th St

Assessed Value (2020): $45,098
Year Land Value Improved Value Assessed Value
2020 $25,864 $19,234 $45,098

Home Value Compared to the Market

This property vs the competition

427 E 112Th St is listed 7.49% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $418.26 per/sqft which puts the price per square foot 45.54% lower than the median price per square foot for the city of Los Angeles.

About 427 E 112Th St

Detailed summary of property

427 E 112Th St is a fourplex located in Los Angeles, CA 90061 and is currently for sale. This fourplex offers 7 bedrooms, 5 bathrooms, roughly 3,084 living square feet, and sits on an approximately 6,838 square foot lot. 427 E 112Th St was first listed on ArdentRealEstateGroup.com on February 2, 2024. The homeowner is currently asking $1,289,900 and was originally asking $1,399,900. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 7.49% higher than the median priced home. Local competing homes currently for sale include 9806 Compton Ave, 907 E 88th St and 8018 Avalon Blvd. While the average home in Los Angeles, CA is selling in 106 days, 427 E 112Th St has a days on market of 133 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 427 E 112Th 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 427 E 112Th St

Public county record property details
Beds
2
Baths
1
Year built
1925
Sq. Ft.
880
Lot Size
6,836
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
272,273
APN
6073-021-033

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
$582,500
Median List Price/Sq.Ft.
$500
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$391
Total Inventory
19
Median Sale to List Price %
105.71%
Avg Days on Market
66
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (20%), Other (0%)

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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.

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