424 W 111th Place, Los Angeles, CA 90061

About this duplex

CASH COW! Wonderful Non-rent Control Duplex for sale. Owner only pays landscaping fee, no utilities. The duplex a is individually metered which enables each tenant to pay their own utilities expenses, owner pays NONE. Located in a very fast paced area of Los Angeles, 90061. This great investment property contains a 4 bedroom 2 bathroom home and a additional 3 bedroom 2 bathroom unit. The property currently collects $5,700 a month on income and Tenants pay all of their utilities, including water! The most intriguing aspect about this wonderful duplex is that it does not fall under city or state wide rent control. Apart from being a great investment, if there is interest in having the whole family live in this great property that is completely do able. Se Habla Español

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

Sale history

$890,000

Sold October 2021 · listed $900,000, on market July 2021 · MLS #DW21162462 · Source: CRMLS

Listing Agent: Emmanuel Gamboa · Listing Office: Excellence Exclusive Real Estate · Contact: 888-988-6044 · Bought with: Laura Borbon · Century 21 Allstars

$532,000

Sold February 2016 · listed $530,000, on market October 2015 · MLS #DW15229224 · Source: CRMLS

Listing Agent: Eric Cuevas · Listing Office: EC Real Estate Enterprise, Inc · Contact: 310-730-9066 · Bought with: RAYMOND PRECIADO · EXCELLENCE RE REAL ESTATE

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