1111 E 113th Street

    Los Angeles (City), CA 90059
    • $749,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: IG18223349
    UPDATED: 47 min ago
    $749,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,260
      SQFT
    • $230
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2009
    County:

    School Ratings & Info

    Description

    INVESTOR or Owner/User Special! GREAT INCOME! This is a NEWER 2009 construction Duplex! Each unit contains 4 bedrooms and 2 bathrooms each. The units are beautiful inside with fantastic amenities such as custom cabinets, Granite countertops, Dual-glaze windows, recessed lights, ample closet space, Washer and Dryer hookups, Central forced air Heat! There is a detached 2 car garage in back with plenty of in & out door parking. Convenient location with easy Fwy access. Perfect to live in one unit and rent out the other unit to pay your mortgage. Also, a fantastic income property for investors. LOW Maintenance - TENANTS PAY ALL UTILITIES - Separate Water, Gas & Electric Meters. A pristine property that will not last long!ONE UNIT IS AVAILABLE FOR OWNER TO MOVE IN OR FOR NEW TENANT WITH CURRENT HIGHER RENT!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T14:33:10.59. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/87482812

    1111 E 113th Street Los Angeles (City), CA 90059

    • Price: $749,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: IG18223349
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,260
    SQFT
    $230
    $/SQFT
    2009
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    INVESTOR or Owner/User Special! GREAT INCOME! This is a NEWER 2009 construction Duplex! Each unit contains 4 bedrooms and 2 bathrooms each. The units are beautiful inside with fantastic amenities such as custom cabinets, Granite countertops, Dual-glaze windows, recessed lights, ample closet space, Washer and Dryer hookups, Central forced air Heat! There is a detached 2 car garage in back with plenty of in & out door parking. Convenient location with easy Fwy access. Perfect to live in one unit and rent out the other unit to pay your mortgage. Also, a fantastic income property for investors. LOW Maintenance - TENANTS PAY ALL UTILITIES - Separate Water, Gas & Electric Meters. A pristine property that will not last long!ONE UNIT IS AVAILABLE FOR OWNER TO MOVE IN OR FOR NEW TENANT WITH CURRENT HIGHER RENT!
    Exterior Features

    Construction Materials Stucco Fence YN Yes Fencing Chain LinkWood Foundation Details Raised Garage Spaces 2.00 Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley PavedMaintained Roof Composition View None View YN No

    Interior Features

    Appliances Garbage DisposalRecirculated Exhaust FanWater Heater Central 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 No Common Walls Cooling None Cooling YN No Door Features Mirrored Closet Doors Flooring CarpetStone Heating Forced Air Heating YN Yes Interior Features Crown MoldingsGranite CountersPantryRecessed Lighting Laundry Features Gas Dryer HookupIndividual RoomInsideWasher Hookup Levels Two Room Type Great RoomKitchenLaundryMain Floor BedroomMain Floor Master BedroomMaster BathroomWalk-In Closet Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 7.28 Community Features SidewalksStreet LightingUrban Country Us Elevation Units Feet Gardener Expense 600.00 Gross Income 29928.00 Gross Multiplier 11.34 Gross Scheduled Income 66000.00 Insurance Expense 594.00 Land Lease YN No Laundry YN Yes Maintenance Expense 600.00 Net Operating Income 54544.00 New Construction YN No New Taxes Expense 9662.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Number With Carpet 2 Number With Disposal 2 Operating Expense 11456.00 Property Condition Turnkey Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemWindow Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesTrash CollectionWater Total Actual Rent 2850.00 Total Expenses 11456.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Source Public Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Tejinder Singh of Gold Team Real Estate, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T14:33:10.59. 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. Licensed in the State of California, USA.
     
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