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725 E 113Th St, Los Angeles, CA 90059
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725 E 113Th St Los Angeles, CA 90059

$630,000 Sold Price as of 03/29/2022
  • 7 Beds
  • 4 Baths
  • 2,500 Sq.Ft.
Sold
$630,000 Sold Price as of 03/29/2022 Refinance Your Mortgage
Map preview of 725 E 113Th St, Los Angeles, CA 90059

Property Overview: 725 E 113Th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,500 living square feet and 5,602 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Original SFR home expanded and converted into duplex in 2010 with city permits. Very large 1 story downstairs unit was expanded to 5 bedrooms, 2 full baths. Upstairs is all 2010 construction and features 2 bedrooms, 2 baths. Both have very long-term tenants. Section 8 upstairs. Most updates to roof, plumbing, electrical, etc were completed with 2010 construction. Parking in back up long driveway. The bottom level has a secondary kitchenette in back. Entire space is rented to multi-generational family however, splitting into a 3+1 and 2+1 junior ADU could be a possibility down the road to collect separate rents. The back does have an additional entrance.

Listed by Tom Sardo | BRE #01056835 | Sotheby's International Realty
Last checked: 9 minutes ago | Last updated: April 4th, 2022 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
5,602
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21106795
City
Los Angeles
County
Los Angeles
Time on Site
910 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,265
  • Total Rent: $1,265
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.9
  • Gross Scheduled Income: --
  • Net Operating Income: $33,875
  • Gross Operating Income: $45,180
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 725 E 113Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Laminate
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Side by Side, Gated, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 6072014023
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Accessibility Features: None
  • Property Condition: Additions/Alterations, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Just East from Stanford Ave, North Imperial Hwy
View more facts & features

Local Los Angeles Agent

Sale History for 725 E 113Th St

Last sold for $630,000 on March 29th, 2022

  • March, 2022

  • Mar 29, 2022

    Date

    Sold

    CRMLS: 21106795

    $630,000

    Price

  • Nov 19, 2021

    Date

    Active

    CRMLS: 21106795

    $599,000

    Price

  • September, 2002

  • Sep 11, 2002

    Date

    Sold (Public Records)

    Public Records

    $124,000

    Price

  • May, 2002

  • May 14, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 725 E 113Th St

Assessed Value (2020): $339,915
Year Land Value Improved Value Assessed Value
2020 $109,378 $230,537 $339,915

Home Value Compared to the Market

This property vs the competition

725 E 113Th St sold on March 29, 2022 for 47.14% 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 $251.6 per/sqft which puts the price per square foot 66.68% lower than the current median sale per square foot for the city of Los Angeles.

About 725 E 113Th St

Detailed summary of property

725 E 113Th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 2,500 living square feet, and sits on an approximately 5,602 square foot lot. 725 E 113Th St was first listed on ArdentRealEstateGroup.com on November 19, 2021. The homeowner sold the property for $630,000. 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 47.14% lower than the current median priced home. Local homes that are currently for sale include 402 E 92nd St, 11111 Wilmington Ave and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 94 days, 725 E 113Th St has a days on market of 71 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 725 E 113Th 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 725 E 113Th St

Public county record property details
Beds
4
Baths
1
Year built
1924
Sq. Ft.
1,404
Lot Size
5,602
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
100
APN
6072-014-023

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
$574,999
Median List Price/Sq.Ft.
$523
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.

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