949 E 113th Street Los Angeles, CA ^$ 859,000

949 E 113th Street

^$ 859,000

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Recently Listed

949 E 113th Street

Los Angeles, CA, 90059

^$ 859,000

Bedrooms8 Baths4.0 Sq 2,620

Monthly Estimate*

^$ 5,709

Listed by Ashby & Graff

949 E 113th Street, Los Angeles, CA 90059 - Image 1

949 E 113th Street, Los Angeles, CA 90059 - Image 2

Multi-Family Home for sale in Los Angeles, CA

for $859,000 with 8 bedrooms and 4 full baths. This 2,620 square foot home was built in 2002 on a lot size of 0.0996.

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.

Multi-Family Active

Price

^$ 859,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.0996

Year Built

2002

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC24099527

Days on Market

Features

General

Sewer PublicSewer

Zoning LAR2

Garage Spaces 0.0

Pool Features None

Year Built 2002

Tenant Pays AllUtilities

Property SubType Duplex

Gross Income 0.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 58278.0

Operating Expense 17321.3

Insurance Expense 985.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency None

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions 949 E 113th Street Los Angeles

City Los Angeles

Entry Location Main

View Y/N N

Senior Community Y/N N

Open Parking Spaces 2.0

NumberOfUnitsTotal 2

MLS Area WATT - Watts

Lot Size Units SquareFeet

Lot Size Square Feet 4340.0

Private Pool N

Waterfront Y/N N

Carport Spaces 2.0

Carport Y/N Y

Number of Units Leased 2

Street Name 113th

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 253

Total Actual Rent 6300.0

Property Sub Type Additional Duplex

Taxes 10908.0

Exterior

Lot Features NearPublicTransit

Water Source Public

Total Parking 4.0

Lot Size Area 4340.0

Number of Buildings 1

Spa N

Building Area Total 2620.0

Lot Size Acres 0.0996

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features WasherHookup GasDryerHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 949

* Excluded Features

List By

Ashby & Graff

Broker

(949) 899-2731

Phone

Affordability Calculator

$5,709

Per Month

Monthly Principal & Interest: $5,709
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,668

Percent of Sale Price 132%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/17/2024	$859,000		Listed Price

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949 E 113th Street, Los Angeles, CA, 90059 is a Multi-Family Home for sale at $859,000 with 2,620 sqft and a lot size of 0.0996. 949 E 113th Street has 8 bedrooms, 4.0 baths, and was built in 2002. The property's zip code is 90059 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/6/2024. 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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949 E 113th Street

Multi-Family Home for sale in Los Angeles, CA

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