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$859000   Price Analysis
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949 E 113th St
Los Angeles, CA 90059
8 bed 4 bath 2620 SqFt ($327/SqFt)
4340SqFt lot. Built 2002
Listed 2024-05-16, Taxes $7593
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This well-located Duplex boasts a CAP Rate of 5.70% and a GRM of 11.36.

* Sale Pending *

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 pen floor plans make these units feel exceptionally spacious. Currently, both units are occupied by long-term tenants, ensuring a stable income stream. Conveniently located 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 i ncome statements can be emailed upon request.





Property MLS #OC24099527 from CRMLS

Bedrooms: 8

Laundry Features: Gas Dryer Hookup, Washer Hookup

Full Bathrooms: 4

Carport Spaces: 2
Parking Total: 4

Lot Description: Near Public Transit
Lot Size Acres: 0.0996327
Lot Size Source: Assessor
Lot Size Square Feet: 4340

Number of Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2

Number of Units Leased: 2
Tenant Pays: All Utilities

Community Features: Sidewalks

Source Listing Status: Pending
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 985.00
Area: WATT - Watts
Source Neighborhood: WATT - Watts
New Taxes Expense: 10908.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 6072023014
Postal Code Plus 4: 1611
Professional Management Expense: 5292.00
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$171551 + $428880
$600431
$7593
2021$168188 + $420471
$588659
$7489
2020$166464 + $416160
$582624
$7559
2019$163200 + $408000
$571200
$7269
2018$240000 + $210000
$450000
$5863
2017$240000 + $210000
$450000
$5756
2016$240000 + $210000
$450000
$5706
2015$221300 + $196700
$418000
$5319
2014$221300 + $196700
$418000
$5438
2013$203800 + $181200
$385000
$5051
2012$180000 + $160000
$340000
$4638
2010$180000 + $160000
$340000
$4662
2009$387340 + $169793
$557133
$7192
2009$180000 + $160000
$340000
$7192
2008$379746 + $166464
$546210
$6877
2007$372300 + $163200
$535500
$6636

Listed 2024-05-16
$859000
CRMLS
Sold 2017-11-03
$560000
CRMLS
Relisted 2017-09-26
$560000
CRMLS
Listing removed 2017-09-20
$560000
CRMLS
Price Changed 2017-08-31
$560000
CRMLS
Listed 2017-06-28
$580000
CRMLS
Listing removed 2015-12-29
$575000
CRMLS
Listed 2015-07-17
$575000
CRMLS
Sold 2005-10-27
$525000
Public Record
Sold 2002-11-21
$270000
Public Record

Net Operating Income: 58278.00

Total Square Feet Living: 2620
Year Built: 2002
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Main
Property Age: 22
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer
Water Source: Public

One Hundred Twelfth Street Elementary School is a public elementary school located approximately 0.3 miles away.
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Samuel Gompers Middle School is a public middle school located approximately 0.8 miles away.
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Verbum Dei High School is a private high school located approximately 0.3 miles away.
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Maxine Waters Employment Prep Center is a public elementary, middle and high school located approximately 0.4 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.