Los Angeles CA  home offered at $940,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

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220 W 112TH Street
Los Angeles, California CA 90061
Sold For: $940,000
Listing ID: 19505228
Price/SqFt: $254.05
Status: Closed
Sold Date: 4/02/2021
SqFt: 3,700 Sq Ft
Year Built: 2019

220 W 112th Street is a newly constructed Duplex in the gentrifying market of South Los Angeles. Located just off Highways 110 and 105, this investment property has proximity to Los Angeles International Airport, and the new NFL Stadium being built in Inglewood.With state-of-the-art finishes to the interior units, an investor will be able to achieve market rents for the area, and thus enjoy great cash on cash return on their investment. Important to note that these units are individually metered for ALL utilities, making this a low maintenance, cash cow moving forward. Having been built in 2019, this opportunity is NOT subject to rent-control.

Primary Features

County: Los Angeles
Price/SqFt: 254.05
Property Type: Residential Income
Year Built: 2019
Zoning: LAR2

Interior

Cooling: yes
Cooling Type: Central Air
Heating: yes
Heating Type: Central
Stories Total: 2

External

Lot Size Area: 7208
Lot Size Square Feet: 7208
Number Of Buildings: 1

Location

MLS Area Major: C37 - Metropolitan South

Additional

Days On Market: 97
List Agent State License: 01320460
List Office State License: 01972189
Lot Size Units: Square Feet
Number Of Units Total: 2
Parcel Number: 6074023068
Senior Community: no

Financial

Gross Multiplier: 11.19
Gross Operating Income: 81480
Net Operating Income: 64535
Special Listing Conditions: Standard
Tenant Pays: Electricity, Gas, Trash Collection, Water
Total Expenses: 16945

Zoning Info


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Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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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Listed by: David Harrington, DRE #01320460 from Matthews Real Estate Investment Services

Contact - Listing ID 19505228

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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