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    135 W 110th Street

    Los Angeles (City), CA 90061
    • $825,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: OC20188740
    Price Reduced
    UPDATED: 72 min ago
    $825,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,128
      SQFT
    • $264
      $/SQFT
    Type:
    Multi-Family
    Built:
    2012
    County:

    School Ratings & Info

    Description

    Recent Price Reduction for this Great Investment Opportunity! Property is turnkey with tenants in place. Cap Rate is 6% with potential to increase if self managed. Very desirable, newer income producing duplex in the heart of South Los Angeles. This duplex consists of two units including a two car garage located in the rear of the property Unit 135 has 4 bedrooms and 2 bathrooms. Unit 137 has 5 bedrooms and 3 bathrooms Each unit includes granite counter tops, refrigerators and interior laundry hookups. A long driveway will allow for additional parking inside the security gate. Location allows for easy freeway access. Section 8 approved and no rent control!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-30T08:26:20.677. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109930095
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    135 W 110th Street Los Angeles (City), CA 90061

    • Price: $825,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: OC20188740
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,128
    SQFT
    $264
    $/SQFT
    2012
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Recent Price Reduction for this Great Investment Opportunity! Property is turnkey with tenants in place. Cap Rate is 6% with potential to increase if self managed. Very desirable, newer income producing duplex in the heart of South Los Angeles. This duplex consists of two units including a two car garage located in the rear of the property Unit 135 has 4 bedrooms and 2 bathrooms. Unit 137 has 5 bedrooms and 3 bathrooms Each unit includes granite counter tops, refrigerators and interior laundry hookups. A long driveway will allow for additional parking inside the security gate. Location allows for easy freeway access. Section 8 approved and no rent control!
    Exterior Features

    Direction Faces South Fence YN Yes Fencing Good ConditionSecurityWrought Iron Garage Spaces 2.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayPavedGarageGarage Faces Rear Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances MicrowaveRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling None Cooling YN No Laundry Features Gas Dryer HookupWasher Hookup Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.05 Community Features SidewalksStorm DrainsStreet Lights Country Us Elevation Units Feet Gardener Expense 782.00 Gross Income 63276.00 Gross Operating Income 63276.00 Gross Scheduled Income 63276.00 Inclusions Refrigerators Insurance Expense 732.00 Land Lease YN No Laundry YN Yes Maintenance Expense 1141.00 Net Operating Income 53005.00 New Construction YN No New Taxes Expense 10906.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Number With Dishwasher 2 Number With Disposal 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 10271.00 Professional Management Expense 5700.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephoneTrash Collection Total Actual Rent 5273.00 Total Expenses 21850.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 2588.00 Water Source Public Year Built Source Public Records Zoning Lar2

    Listing provided courtesy of Lenny Spangler of Hcm Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-30T08:26:20.677. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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