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    1570 E 110Th St

    Los Angeles, CA 90059
    • $849,000
    • STATUS: Active Under Contract
    • ON SITE: 157 days
    • ID#: 21-681854
    Under Contract
    UPDATED: 29 min ago
    $849,000
    • 4
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,052
      SQFT
    • $414
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    We are pleased to offer this five unit offering, located in the City of Los Angeles. The unit mix consists of four 1+1 units and one large commercial unit. The commercial unit is currently vacant, and can be converted into an ADU and rented out for additional income. On-site parking includes two secure one-car driveways, with plenty of street parking available nearby. Recent property upgrades include a new roof (2018), updated aluminum windows throughout, new exterior lighting, new exterior paint, new exterior wrought iron, and new exterior building and unit numbers. Additionally, the four occupied 1+1 units have all been remodeled within the last two years, and the property is separately metered for gas & electricity. The property is located in a Qualified Opportunity Zone, the property is subject to City of Los Angeles Rent Stabilization Ordinance, and not subject to the Los Angeles Soft-Story Retrofit Program.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-25T09:42:35.607. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/113373160
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    1570 E 110Th St Los Angeles, CA 90059

    • Price: $849,000
    • Status: Active Under Contract
    • Updated: 29 min ago
    • ID#: 21-681854
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,052
    SQFT
    $414
    $/SQFT
    1927
    Built
    Neighborhood:
    Metropolitan South
    County:
    Los Angeles
    Area:
    Metropolitan South
    Property Description
    We are pleased to offer this five unit offering, located in the City of Los Angeles. The unit mix consists of four 1+1 units and one large commercial unit. The commercial unit is currently vacant, and can be converted into an ADU and rented out for additional income. On-site parking includes two secure one-car driveways, with plenty of street parking available nearby. Recent property upgrades include a new roof (2018), updated aluminum windows throughout, new exterior lighting, new exterior paint, new exterior wrought iron, and new exterior building and unit numbers. Additionally, the four occupied 1+1 units have all been remodeled within the last two years, and the property is separately metered for gas & electricity. The property is located in a Qualified Opportunity Zone, the property is subject to City of Los Angeles Rent Stabilization Ordinance, and not subject to the Los Angeles Soft-Story Retrofit Program.
    Exterior Features

    Lot Size Area 4162 Other Structures None Parking Garage Driveway Gate Total Parking 2

    Interior Features

    Baths Total 5.00 Cooling None Equipment None Heating Wall Gas

    Property Features

    Gross Income 82843 Gross Operating Income 78701 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 60060.00 Number Of Buildings 2 Number Of Units 5 Sale Type Standard Source Living Area Other Source Lot Size Area Vendor Enhanced Total Annual Expense 18641 Type Of Units Income Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Griffin White DRE#02031785 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-25T09:42:35.607. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    2999 Overland Ave., Suite 116
    Los Angeles CA, 90064