1145 West 101st Street

Los Angeles, CA 90044

$725,000
Price
4
Beds
2
Baths
2,460 Sq. Ft.
$295 / Sq. Ft.
2,460
Sq. Ft.
$295
per Sq. Ft.

Description

Welcome to 1145 W 101st St, a prime investment property offering exceptional potential for both investors and owner-users. This versatile property features two well-appointed units, each comprising 2 bedrooms and 1 bathroom. The flexibility of this property is highlighted by one unit being currently vacant, with potential to be owner occupied or prepared for rental at market rates. Beyond the residential units, this property includes additional income-producing assets. A rental garage provides rental...Welcome to 1145 W 101st St, a prime investment property offering exceptional potential for both investors and owner-users. This versatile property features two well-appointed units, each comprising 2 bedrooms and 1 bathroom. The flexibility of this property is highlighted by one unit being currently vacant, with potential to be owner occupied or prepared for rental at market rates. Beyond the residential units, this property includes additional income-producing assets. A rental garage provides rental income, while a strategically placed billboard on the property ensures a continuous revenue stream from advertising leases. Seize this rare opportunity to own a property with multiple income streams in the vibrant city of Los Angeles. Whether you're an investor looking to expand your portfolio or a homeowner seeking a property with additional revenue potential, 1145 W 101st St is an exceptional choice.

Listing Agents

  1. Stephanie Younger

    Stephanie Younger

    Listing Agent

    Compass

    DRE #01365696

  2. Ron Melendez

    Ron Melendez

    Alternative Listing Agent

    Compass

    DRE #01975577

Property Details for 1145 West 101st Street

Water Front
None
Zoning
LCC2-R320U*
Style
Bungalow
Parcel Number
6060027008
Total Units
2.0
Living Area
2460
Source Living Area
Assessor
Area
Metropolitan Southwest (C36)

Location

Listing Courtesy of Compass, Stephanie Younger, DRE #01365696; Compass, Ron Melendez, DRE #01975577
Add your commute
LISTING UPDATED: 06/14/2024 11:23 AM

Property Details for 1145 West 101st Street

StatusActive Under Contract
MLS #24-394789
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.16 AC / 6,890 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Stephanie Younger, DRE #01365696; Compass, Ron Melendez, DRE #01975577
Add your commute

Virtual Tour

Building Information for 1145 West 101st Street

Stories1Residences-Year Built1924Building Size-Lot Size0.16 AC / 6,890 SF

Payment Calculator

$4,747 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$790

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1145 West 101st Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Bungalow
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Direction Faces: South
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Water Heater Unit
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: Rent Control, Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $4,516
  • Net Operating Income: $40,644.00
  • Gross Income: $54,192
  • Gross Rent Multiplier: $13.22
  • Other Income1: $1,275.00
  • Garage Income: $750
  • Total Annual Expense: 13548
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1582
  • Lot Size Square Feet: 6890
  • Lot Features: Front Yard
  • Lot Description: Fenced Yard, Front Yard
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Detached, Driveway
  • Total Parking: 2
  • Open Other Spaces Total: 2
  • Parking Features: Garage - Two Door, Driveway
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Floor
  • Flooring: Mixed
  • Equipment: Range/Oven, Refrigerator
  • Bathroom Features: Shower Over Tub
  • Cooking Appliances: Range
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Composition, Shingle
  • Entry Location: Living Room
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-22-2024
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Water, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,275.00
  • Unit Actual Rent: $1,275.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $41.00
  • Unit Actual Rent: $41.00
  • Unit Projected Rent: $41.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $65,056.00
  • Assessed Improvement Percent: 44.15
  • Assessed Land Value: $82,284.00
  • Assessed Land Percent: 55.85
  • Assessed Total Value: $147,340.00

Property History for 1145 West 101st 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 1145 West 101st Street

Taxable ValueLand$82,284Additions$65,056Total$147,340
Tax Record2023$9,480 ($790 / month)
Home Facts
Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtLot Size6,888 SqFtStyleDuplexYear Built1924ZoningLCC2-R320UCountyLOS ANGELESAPN6060-027-008

Schools near 1145 West 101st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Woodcrest Elementary School
PublicK to 5

Animo Charter Middle No. 3
Charter6 to 8

George Washington Preparatory High School
Public9 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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Stephanie Younger, DRE #01365696; Compass, Ron Melendez, DRE #01975577

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.