1414 E 110th, Los Angeles, CA 90059

$869,000

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List Price
$869,000
Status
ACTIVE
MLS#
SW26137284
Year Built
1944
Lot Size
5,678
Acres
0.13
Lot Location
2-5 Units/Acre
Days on Market
40
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Excellent income-producing triplex opportunity in Los Angeles featuring three separate dwelling units and additional bonus space. The property consists of two 2-bedroom, 1-bath units and one permitted 1-bedroom, 1-bath unit, offering strong rental income and upside potential. All tenants are currently on month-to-month leases, providing flexibility for both investors and owner-occupants. The property features separately metered gas and electric service, three parking spaces, and a bonus guest area with kitchenette, refrigerator, electric cooktop, and wall air conditioning that may provide additional flexible use opportunities. Current rents are below market, presenting an excellent opportunity for increased cash flow. Estimated market rents indicate significant upside potential. Property is being sold subject to seller approval of offer terms. Drive-by only. Interior inspection available upon accepted offer. Please do not disturb tenants. Conveniently located near schools, shopping, transportation, and major freeways. Excellent opportunity for investors seeking value-add potential or owner-occupants looking to offset their mortgage with rental income. Offered at $869,000.

Additional Information

Pool Description
None
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$44,628

Listing courtesy of Listing Agent: Nicholas Velez (nick@vafastloans.com) from Listing Office: Golden Feather Investments Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.