614 E 111Th St, Los Angeles, CA 90059
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614 E 111Th St Los Angeles, CA 90059

$366,500 Sold Price as of 11/20/2019
  • 1 Beds
  • 2 Baths
  • 968 Sq.Ft.
Sold
$366,500 Sold Price as of 11/20/2019 Refinance Your Mortgage

Map preview of 614 E 111Th St, Los Angeles, CA 90059

Property Overview: 614 E 111Th St Los Angeles, CA has 1 bedrooms, 2 bathrooms, 968 living square feet and 3,140 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity for first time buyer or investor! Live in one rent the other, or rent both! This property features 2 separate units, front house has 1 bedroom and 1 bath 616sqft, back house is a studio 352sqft, total combined is 968sqft. There is also a detached 2 car garage with a bathroom (unpermitted) and parking for 2 additional cars. Front unit was recently painted, and laminate flooring was installed in living and kitchen area. Property is still in need of repairs, but will be delivered 100% vacant. Don't miss this opportunity!

Listed by Nancy G. Zelada | BRE #01729263 | Century 21 Masters
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
3,140
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19476698
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.65%
  • Gross Rent Multiplier: 16.6
  • Gross Scheduled Income: --
  • Net Operating Income: $18,602
  • Gross Operating Income: $24,000
  • Improvements Total: $112,967
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 614 E 111Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered, Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 6071006009
Location / Neighborhood
Location Information
  • Directions: See Google Maps
View more facts & features

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Sale History for 614 E 111Th St

Last sold for $366,500 on November 20th, 2019
  • November, 2019

  • Nov 22, 2019

    Date

    Sold

    CRMLS: 19476698

    $366,500

    Price

  • Aug 22, 2019

    Date

    Active Under Contract

    CRMLS: 19476698

    $379,900

    Price

  • Jul 17, 2019

    Date

    Price Change

    CRMLS: 19476698

    $379,900

    Price

  • Jul 17, 2019

    Date

    Active Under Contract

    CRMLS: 19476698

    $399,900

    Price

  • Jun 12, 2019

    Date

    Active

    CRMLS: 19476698

    $399,900

    Price

  • November, 2019

  • Nov 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $366,500

    Price

  • February, 2016

  • Feb 16, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 614 E 111Th St

Assessed Value (2020): $366,500
Year Land Value Improved Value Assessed Value
2020 $300,000 $66,500 $366,500

Home Value Compared to the Market

This property vs the competition

614 E 111Th St sold on November 20, 2019 for 68.08% 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 $392.46 per/sqft which puts the price per square foot 48.02% lower than the current median sale per square foot for the city of Los Angeles.

About 614 E 111Th St

Detailed summary of property

614 E 111Th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 1 bedrooms, 2 bathrooms, roughly 968 living square feet, and sits on an approximately 3,140 square foot lot. 614 E 111Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $366,500. 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 68.08% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 93 days, 614 E 111Th St has a days on market of 70 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 614 E 111Th St Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 614 E 111Th St

Public county record property details
Beds
1
Baths
2
Year built
1929
Sq. Ft.
968
Lot Size
3,140
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
6071-006-009

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$574,900
Median List Price/Sq.Ft.
$509
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
40
Median Sale to List Price %
99.28%
Avg Days on Market
38
Loan Type
Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

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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.