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700 E 108Th St, Los Angeles, CA 90059
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700 E 108Th St Los Angeles, CA 90059

$748,000 Sold Price as of 07/02/2021
  • 8 Beds
  • 4 Baths
  • 4,052 Sq.Ft.
Sold
$748,000 Sold Price as of 07/02/2021 Refinance Your Mortgage
Map preview of 700 E 108Th St, Los Angeles, CA 90059

Property Overview: 700 E 108Th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,052 living square feet and 8,270 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellant opportunity to own a 4-plex in this up and coming area of Los Angeles. All units have long term tenants. Each unit are made up of 2 bedrooms and 1 bath. Each unit has there own water heaters and indoor laundry. Most of these units are at market rent rates. Units are all kept in good condition by tenants. All units are individually metered for gas and electricity and each unit has 1 assigned garage space. Also there is parking on the property on a 1st come 1st serve bases. The income is consistant and on time.

Listed by Alice Rodriguez | BRE #01362049 | Keller Williams Realty
Last checked: 6 minutes ago | Last updated: March 24th, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
8,270
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
SB21099846
City
Los Angeles
County
Los Angeles
Time on Site
1092 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,189
  • Total Rent: $1,189
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,268
  • Total Rent: $1,268
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,684
  • Net Operating Income: $57,504
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,180
  • Electric: $900
  • Gas/Fuel: $1
  • New Taxes: $9,248
  • Trash: $240
  • Insurance: $85
  • Water/Sewer: $2,040

Property Details for 700 E 108Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
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: Paved, On Site
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6071011021
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East of Avalon corner of Stanford & 108th
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 700 E 108Th St

Last sold for $748,000 on July 2nd, 2021

  • July, 2021

  • Jul 3, 2021

    Date

    Sold

    CRMLS: SB21099846

    $748,000

    Price

  • Jun 10, 2021

    Date

    Pending

    CRMLS: SB21099846

    $739,900

    Price

  • May 20, 2021

    Date

    Active Under Contract

    CRMLS: SB21099846

    $739,900

    Price

  • May 17, 2021

    Date

    Hold

    CRMLS: SB21099846

    $739,900

    Price

  • May 12, 2021

    Date

    Active

    CRMLS: SB21099846

    $739,900

    Price

  • August, 2011

  • Aug 5, 2011

    Date

    Sold (Public Records)

    Public Records

    $352,000

    Price

  • January, 2011

  • Jan 5, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2008

  • Aug 28, 2008

    Date

    Expired

    CRMLS: 12107825

    $490,000

    Price

  • Mar 31, 2008

    Date

    Active

    CRMLS: 12107825

    $490,000

    Price

  • Listing provided courtesy of CRMLS

    This is a 4-plex with each unit consisting of 1 bedroom, 1 bath. Each unit has its own private parking space. Short pay pending bank approval.

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Tax History for 700 E 108Th St

Assessed Value (2020): $404,267
Year Land Value Improved Value Assessed Value
2020 $209,024 $195,243 $404,267

Home Value Compared to the Market

This property vs the competition

700 E 108Th St sold on July 2, 2021 for 37.82% 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 $182.6 per/sqft which puts the price per square foot 75.81% lower than the current median sale per square foot for the city of Los Angeles.

About 700 E 108Th St

Detailed summary of property

700 E 108Th St is a fourplex that recently sold in Los Angeles, CA 90059. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 4,052 living square feet, and sits on an approximately 8,270 square foot lot. 700 E 108Th St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $748,000. 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 37.82% lower than the current median priced home. Local homes that are currently for sale include 1503 E 109th St, 402 E 92nd St and 1213 E 119th St. While the average home in Los Angeles, CA is selling in 94 days, 700 E 108Th St has a days on market of 6 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 700 E 108Th 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 700 E 108Th St

Public county record property details
Beds
8
Baths
4
Year built
1922
Sq. Ft.
4,052
Lot Size
8,269
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22-24
APN
6071-011-021

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%)

Thinking of Selling?

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(714) 706-1823

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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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