615 E 109th St, Los Angeles, CA 90059
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615 E 109th St Los Angeles, CA 90059

$565,000 Sold Price as of 06/07/2019
  • 5 Beds
  • 2 Baths
  • 1,520 Sq.Ft.
Sold
$565,000 Sold Price as of 06/07/2019 Refinance Your Mortgage

Map preview of 615 E 109th St, Los Angeles, CA 90059

Property Overview: 615 E 109th St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,520 living square feet and 5,805 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: UPDATE!!! UPDATE!!! GREAT OPPORTUNITY FOR OWNER OCCUPIED OR INVESTOR DUPLEX!! BOTH UNITS OFFER UPGRADED INTERIORS; INCLUDE GRANITE, LAMINATE FLOORS, NEW PAINT AND VARIOUS OTHER UPGRADES. A MUST SEE!!! FRONT UNIT IS 2/1 AND COULD RENT FOR $1,900 AND BACK UNIT IS 3/1 AND CURRENT RENT IS $2,350. DUPLEX ALSO INCLUDES A LAUNDRY ROOM. PROPERTY IS CENTRALLY LOCATED TO NEAR THE 105 FWY AND VARIOUS OTHER AMENITIES!

Listed by VICTOR RUIZ | BRE #01887489 | REALTY ONE GROUP MASTERS
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
5,805
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV19051657
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: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,000
  • Net Operating Income: $43,525
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,475
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,675
  • Trash: $0
  • Insurance: $600
  • Water/Sewer: $1,800

Property Details for 615 E 109th 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
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6071002008
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Avalon Blvd & 108th St
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 615 E 109th St

Last sold for $565,000 on June 7th, 2019
  • March, 2021

  • Mar 7, 2021

    Date

    Expired

    CRMLS: RS20210013

    $615,000

    Price

  • Feb 8, 2021

    Date

    Hold

    CRMLS: RS20210013

    $615,000

    Price

  • Feb 6, 2021

    Date

    Active

    CRMLS: RS20210013

    $615,000

    Price

  • Feb 5, 2021

    Date

    Hold

    CRMLS: RS20210013

    $615,000

    Price

  • Dec 13, 2020

    Date

    Active Under Contract

    CRMLS: RS20210013

    $615,000

    Price

  • Oct 8, 2020

    Date

    Active

    CRMLS: RS20210013

    $615,000

    Price

  • Oct 6, 2020

    Date

    Coming Soon

    CRMLS: RS20210013

    $615,000

    Price

  • Listing provided courtesy of CRMLS

    Live in one and rent the other or rent them both! This is a great opportunity to own two recently updated homes for the price of one. This duplex features a 2 bedroom, 1 bathroom unit and a 3 bedroom, 1 bathroom unit. Both units recently remodeled. Conveniently located near the 110 and 105 freeways.

  • June, 2019

  • Jun 10, 2019

    Date

    Sold

    CRMLS: CV19051657

    $565,000

    Price

  • May 16, 2019

    Date

    Pending

    CRMLS: CV19051657

    $589,000

    Price

  • Apr 11, 2019

    Date

    Price Change

    CRMLS: CV19051657

    $589,000

    Price

  • Mar 7, 2019

    Date

    Active

    CRMLS: CV19051657

    $584,000

    Price

  • June, 2019

  • Jun 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $565,000

    Price

  • March, 2018

  • Mar 7, 2018

    Date

    Sold (Public Records)

    Public Records

    $454,000

    Price

  • February, 2018

  • Feb 21, 2018

    Date

    Sold

    CRMLS: DW17059636

    $454,000

    Price

  • Jan 22, 2018

    Date

    Active Under Contract

    CRMLS: DW17059636

    $449,000

    Price

  • Dec 5, 2017

    Date

    Price Change

    CRMLS: DW17059636

    $449,000

    Price

  • Dec 5, 2017

    Date

    Active

    CRMLS: DW17059636

    $440,000

    Price

  • Aug 9, 2017

    Date

    Price Change

    CRMLS: DW17059636

    $440,000

    Price

  • Aug 4, 2017

    Date

    Withdrawn

    CRMLS: DW17059636

    $465,000

    Price

  • May 9, 2017

    Date

    Price Change

    CRMLS: DW17059636

    $465,000

    Price

  • Apr 19, 2017

    Date

    Price Change

    CRMLS: DW17059636

    $466,900

    Price

  • Mar 24, 2017

    Date

    Active

    CRMLS: DW17059636

    $469,999

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity for an owner occupant buyer to move into this FHA ready duplex. NO RENT CONTROL, Also a GREAT OPPORTUNITY FOR INVESTOR, PRICED FOR QUICK SALE !!! DUPLEX Opportunity~Low maintenance with lots of return. Located on a quiet street, Long drive-way with additional parking area in the rear can accommodate any number of vehicles. Don’t miss out on this great opportunity!!! it features 2 units and sits on a large 5,800-sqft lot. One of the units has 3 bedrooms and 2 bathrooms and the other unit has 2 bedrooms and 1 bathroom. Each unit has 2 parking spaces each with additional ample parking on the street as well. Owner receives over $2,700 a month in rent. New owner can charge for more...Over $3,000 for both units. Both units are in good condition. There is a lot of upside potential.

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Tax History for 615 E 109th St

Assessed Value (2020): $576,680
Year Land Value Improved Value Assessed Value
2020 $372,300 $204,380 $576,680

Home Value Compared to the Market

This property vs the competition

615 E 109th St sold on June 7, 2019 for 50.5% 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 $387.5 per/sqft which puts the price per square foot 48.68% lower than the current median sale per square foot for the city of Los Angeles.

About 615 E 109th St

Detailed summary of property

615 E 109th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,520 living square feet, and sits on an approximately 5,805 square foot lot. 615 E 109th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $565,000. 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 50.5% lower than the current median priced home. Local homes that are currently for sale include 800 W Imperial, 1643 E 87th Pl and 845 E 80th St. While the average home in Los Angeles, CA is selling in 93 days, 615 E 109th St has a days on market of 53 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 615 E 109th 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 615 E 109th St

Public county record property details
Beds
5
Baths
2
Year built
1951
Sq. Ft.
1,520
Lot Size
5,805
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
6071-002-008

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.