220 W 112TH Street, Los Angeles, CA 90061

About this property

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.

Listing description from the April 2021 sale, as reported to CRMLS.

Sale history

$940,000

Sold April 2021 · on market August 2019 · MLS #19505228 · Source: CRMLS

Listing Agent: David Harrington · Listing Office: Matthews Real Estate Investment Services · Contact: 866-889-0550 · Bought with: Brian Jung · Brian Jung Realty

$325,300

Sold July 2017 · listed $250,000, on market May 2017 · MLS #17228430 · Source: CRMLS

Listing Agent: Ka Tong · Listing Office: John Aaroe Group · Contact: 310-272-8002 · Bought with: Ryan Yatman · Secured Properties Inc.

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