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$717000   Price Analysis
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230 E 111th St
Los Angeles, CA 90061
4 bed None bath 1680 SqFt ($426/SqFt)
7836SqFt lot. Built 1956
Listed 2024-05-10, Taxes $2623
Ⓧ USDA Ineligible
due to location

near Los Angeles

Discover an incredible investment opportunity with this duplex in Los Angeles

Located at 230 and 232! Perfect for both owner-users and investors, this property offers a unique chance to occupy one unit while renting out the other or leasing both for optimal income. Each unit features two bedrooms, a full bathroom, a cozy living room and a kitchen equipped with washer and dryer hook-ups, combining comfort with convenience. Outside, the property boasts a two-car garage, a roomy driveway for additional parking and a large, versatile backyard that's perfect for relaxation or entertainment.

Occupying a substantial lot of nearly 7, 834 sq. ft., the property presents a fantastic opportunity for future development or enhancement. Potential buyers are advised to perform all necessary due diligence, verifying all permits, square footages and land uses with the County and City of Los Angeles to ensure this property meets their needs. Drive-by viewings are available at this time to appreciate the property's layout and potential firsthand. Seize this chance to invest in a property with unlimited possibilitis in the vibrant city of Los Angeles!


Presented by Kameron Smith at
Keller Williams Realty South Bay.


Property MLS #SB24094913 from CRMLS

Bedrooms: 4

Laundry Features: Inside

Cooling Features: Wall/Window Unit(s)

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.1798898
Lot Size Source: Assessor
Lot Size Square Feet: 7836

Garage Spaces: 2
Parking Total: 6

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 500.00
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 6073018008
Postal Code Plus 4: 2534
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$114546 + $56007
$170553
$2623
2021$112300 + $54909
$167209
$2584
2020$111149 + $54346
$165495
$2602
2019$108970 + $53281
$162251
$2515
2018$106834 + $52237
$159071
$2391
2017$104740 + $51213
$155953
$2339
2016$102687 + $50209
$152896
$2270
2015$101145 + $49455
$150600
$2236
2014$99164 + $48487
$147651
$2251
2013$98716 + $48268
$146984
$2246
2012$96781 + $47322
$144103
$2269
2010$94884 + $46395
$141279
$2230
2009$94399 + $46159
$140558
$2144
2009$94175 + $46049
$140224
$2144
2008$92549 + $45254
$137803
$2054
2007$90735 + $44367
$135102
$1976

Listed 2024-05-10
$717000
CRMLS

Net Operating Income: 13000.00

Total Square Feet Living: 1680
Year Built: 1956
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: street
Property Age: 68
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Public Records

Electric Expense: 500.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 500.00
Water Source: Public

Samuel Gompers Middle School is a public middle school located approximately 0.1 miles away.
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One Hundred Seventh Street Elementary School is a public elementary school located approximately 0.4 miles away.
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Alain Leroy Locke College Prep Academy is a public high school located approximately 0.1 miles away.
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Ascension Elementary Catholic is a private elementary and middle school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.