424 West 108th Street

Los Angeles, CA 90061

$885,000
Last Sold Price
11
Beds
5
Baths
3,992 Sq. Ft.
$222 / Sq. Ft.
3,992
Sq. Ft.
$222
per Sq. Ft.

Description

Excellent opportunity to own a 4-plex in prime Los Angeles area. Live in one unit and rent the others or rent them all! Units are all kept in great condition by tenants and property owners and have all been remodeled with modern style laminate and tile floors, kitchen cabinets and counters and dual pane windows. All units are individually metered for gas and electricity and each unit has 2 assigned parking spaces: 1 enclosed garage and 1 uncovered space Units are nicely distributed into one large...Excellent opportunity to own a 4-plex in prime Los Angeles area. Live in one unit and rent the others or rent them all! Units are all kept in great condition by tenants and property owners and have all been remodeled with modern style laminate and tile floors, kitchen cabinets and counters and dual pane windows. All units are individually metered for gas and electricity and each unit has 2 assigned parking spaces: 1 enclosed garage and 1 uncovered space Units are nicely distributed into one large lower level unit featuring 5 bedrooms/2 baths and two - 2 bedroom/1 bath units above. The detached back building features a 2 bedroom 1 bath unit above the 4 individual garages.
  1. Listed by Lynette Najar • DRE #01456750 • eHomes

Property Details for 424 West 108th Street

View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3992

Location

Listing Courtesy of eHomes, Lynette Najar, DRE #01456750

Sold By First Team Real Estate, Gustavo Arias, DRE #01889399

Add your commute
LISTING UPDATED: 05/13/2021 01:25 PM

Property Details for 424 West 108th Street

StatusClosed
MLS #TR21050892
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
CountyLos Angeles County

Location

Listing Courtesy of eHomes, Lynette Najar, DRE #01456750

Sold By First Team Real Estate, Gustavo Arias, DRE #01889399

Add your commute

Building Information for 424 West 108th Street

Building/Complex424 W 108th StFloor-Stories2Residences-Pet Policy-Year Built1940Building Size-

Payment Calculator

$5,843 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,830

Property Taxes

$1,013

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 424 West 108th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $66,376
  • Gross Scheduled Income: $66,376
  • Net Operating Income: $62,705
  • Current Financing: FHA
  • Financing: Private
Expense Details
  • Operating Expense: $3,671
  • New Taxes Expense: $0
  • Cable TV Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $2,430
  • Total Expenses: $2,430
Tax / Assessment Info
  • Tax Tract Number: 4741
  • Tax Census Tract: 2412.02
  • Tax Lot: 295
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: N/K
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 11
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Laundry: No
  • Laundry Features: None
  • Laundry Location: N/K
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating: Wall Furnace
  • Floor Coverings: Laminate, Tile
  • Flooring: Laminate, Tile
Exterior Features
  • Security Features: Smoke Detector(s), Window Bars
  • Security: Security Bars
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Flat, Shingle
  • Entry Location: ground and second floor
  • Structure Type: Quadruplex
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Level with Street
  • Lease Considered: No
  • Direction Faces: North
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Frontage Type: City Street
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Driveway - Combination, Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Driveway - Combination, Garage
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: End Unit, 2+ common walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,812
  • Unit Type Total Rent: $1,812
  • Unit Type Pro Forma: 2495
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $785
  • Unit Type Total Rent: $785
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,421
  • Unit Type Total Rent: $1,421
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Drapes: 0
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 424 West 108th 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 424 West 108th Street

Taxable ValueLand$624,240Additions$286,110Total$910,350
Tax Record2023$12,156 ($1,013 / month)
Home Facts
Total Finished SqFt3,992 SqFtAbove Grade Finished SqFt3,992 SqFtLot Size5,246 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningLAR4CountyLOS ANGELESAPN6061-034-006

Schools near 424 West 108th 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 - K to 2
Rating
School
Distance
Figueroa Street Elementary School
PublicK to 5

Alain Leroy Locke College Prep Academy
Charter9 to 12

Washington Primary Center School
PublicK to 2

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 eHomes, Lynette Najar, DRE #01456750

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.