230 East 111th Street

Los Angeles, CA 90061

$717,000
Price
4
Beds
1,680 Sq. Ft.
$427 / Sq. Ft.
1,680
Sq. Ft.
$427
per Sq. Ft.

Description

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 spacious driveway for additional...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 spacious 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 endless possibilities in the vibrant city of Los Angeles!
  1. Listed by Kameron Smith • DRE #02235791 • Brokerage DRE #01854035 • Keller Williams South Bay

Property Details for 230 East 111th Street

Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1680
Assessor Parcel Number
6073-018-008
LISTING UPDATED: 10/15/2024 08:38 AM

Property Details for 230 East 111th Street

StatusActive Under Contract
MLS #SB24094913
Days on Market139
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.18 AC / 7,836 SF
CountyLos Angeles County

Building Information for 230 East 111th Street

Stories1Residences-Year Built1956Building Size-Lot Size0.18 AC / 7,836 SF

Property Information for 230 East 111th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $18,000
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $13,000
Expense Details
  • Operating Expense: $5,000
  • Fuel Expense: $0
  • Electric Expense: $500
  • Insurance Expense: $500
  • Trash Expense: $0
  • Water Sewer Expense: $500
  • Total Expenses: $1,500
Tax / Assessment Info
  • Tax Tract Number: 4897
  • Tax Census Tract: 2411.10
  • CFD/Mello-Roos Fee: $646
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $700
  • Unit Type Total Rent: $700
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 230 East 111th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 230 East 111th Street

Taxable ValueLand$58,269Additions$119,172Total$177,441
Tax Record2024$2,778 ($232 / month)
Home Facts
Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtLot Size7,834 SqFtStyleDuplexYear Built1956ZoningLAR2CountyLOS ANGELESAPN6073-018-008

Schools near 230 East 111th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alliance Jack H. Skirball Middle School
Charter6 to 8

Alain Leroy Locke College Prep Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams South Bay, Kameron Smith, DRE #02235791

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.