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    424 W 111th Place

    Los Angeles (City), CA 90061
    • $900,000
    • STATUS: Pending
    • ON SITE: 58 days
    • ID#: DW21162462
    Pending
    UPDATED: 39 min ago
    $900,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2015
    County:

    School Ratings & Info

    Description

    CASH COW! Wonderful Non-rent Control Duplex for sale. Owner only pays landscaping fee, no utilities. The duplex a is individually metered which enables each tenant to pay their own utilities expenses, owner pays NONE. Located in a very fast paced area of Los Angeles, 90061. This great investment property contains a 4 bedroom 2 bathroom home and a additional 3 bedroom 2 bathroom unit. The property currently collects $5,700 a month on income and Tenants pay all of their utilities, including water! The most intriguing aspect about this wonderful duplex is that it does not fall under city or state wide rent control. Apart from being a great investment, if there is interest in having the whole family live in this great property that is completely do able. Se Habla Espaol

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T12:31:33.707. 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 The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
    www.thenajargroup.com/homes/119708488
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    424 W 111th Place Los Angeles (City), CA 90061

    • Price: $900,000
    • Status: Pending
    • Updated: 39 min ago
    • ID#: DW21162462
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2015
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    CASH COW! Wonderful Non-rent Control Duplex for sale. Owner only pays landscaping fee, no utilities. The duplex a is individually metered which enables each tenant to pay their own utilities expenses, owner pays NONE. Located in a very fast paced area of Los Angeles, 90061. This great investment property contains a 4 bedroom 2 bathroom home and a additional 3 bedroom 2 bathroom unit. The property currently collects $5,700 a month on income and Tenants pay all of their utilities, including water! The most intriguing aspect about this wonderful duplex is that it does not fall under city or state wide rent control. Apart from being a great investment, if there is interest in having the whole family live in this great property that is completely do able. Se Habla Espaol
    Exterior Features

    Lot Features 0-1 Unit/AcreCorner LotSprinklers TimerSprinklers On SideWalkstreetYard Number Of Separate Electric Meters 2 Parking Features Assigned Parking Total 1 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Garage YN Yes Gross Income 5400 Gross Scheduled Income 63600 Insurance Expense 2890 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional1031 ExchangeFha Net Operating Income 59700 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 4190 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 0 Water Sewer Expense 0 Water Source Public

    Listing provided courtesy of Emmanuel Gamboa of Excellence Exclusive Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T12:31:33.707. 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 The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Najar Group | Keller Williams Realty
    1014 Broadway Ste C
    El Cajon CA, 92021