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949 E 113th ST Los Angeles, CA 90059
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Key Details
Sold Price $860,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24099527
Sold Date 07/31/24
HOA Y/N No
Year Built 2002
Lot Size 4,338 Sqft
Property Sub-Type Duplex
Property Description
This well-located Duplex boasts a CAP Rate of 5.70% and a GRM of 11.36. The building comprises two units, each offering 4 bedrooms and 2 bathrooms. The upstairs and downstairs units both offer perfect-sized kitchens, a laundry area with hookups, private entrances, and ample assigned parking space. The open floor plans make these units feel exceptionally spacious. Currently, both units are occupied by long-term tenants, ensuring a stable income stream. Conveniently located just minutes from downtown Los Angeles, shopping centers, transportation, freeways, and the Metro. Don't miss out on this prime investment! Tenants are responsible for all utilities. Please refer to the supplement section for the income statements. Additional interior photos, videos and income statements can be emailed upon request.
Location
State CA
County Los Angeles
Area Watt - Watts
Zoning LAR2
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Carport Spaces 2
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Public Transit
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6072023014
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Koeun Hwang Happy Haus Inc.
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