NOT LISTED FOR SALE

1265 E 108th St Los Angeles, CA 90059

Watts Neighborhood
11 Beds
5 Baths
3,349 Sq Ft
8,639 Sq Ft Lot

Last Sold August 29, 2014

Last sale price $369,000 $110 Per Sq Ft

38 Days on Market

About This Home

As of August 2014

5 units 1-3bed and 4-2beds. Low rents but Huge upside. Rent Control. Units are in fair condition. Many upgrades done such as new drive-way, New roof, lots of windows, Paint and more. Property is currently in Reap. $7000 month projected cash flow.

Last Agent to Sell the Property

Judy Sarinana

Century 21 A Better Service License #01361158 Listed on: 04/29/2014

Century 21 A Better Service

Last Buyer's Agent

Mike Iryami

BRC Advisors- BH License #01825516

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,639 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Parking Spaces

Home Design

  • 3,349 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 2
  • Assessor Parcel Number 6065011027

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $2,000
  • Trash Expense $150
  • Water Sewer Expense $500
  • New Taxes Expense $5,000
  • Gross Income $3,125
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 6065011027
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 110.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8639.00
  • Lot Size Acres: 0.1980

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 3125.00
  • Gross Scheduled Income: 37500.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 8639.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 7700.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 33
  • Tax Tract Number: 2
  • Tax Year: 2013

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $369,000 -7.7% $110 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $399,990 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Judy Sarinana

    Seller's Agent in 2014

    Judy Sarinana

    Century 21 A Better Service

    (562) 806-1000

    31 Total Sales

    Judy Sarinana
    Section Image

  • M

    Buyer's Agent in 2014

    Mike Iryami

    BRC Advisors- BH

    (310) 753-8153

    3 in this area

    53 Total Sales

    Mike Iryami
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14090723

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90059 Watts

1265 E 108th St, Los Angeles, CA

This home is located at 1265 E 108th St, Los Angeles, CA 90059 since 29 April 2014. This property was built in 1952. 1265 E 108th St is a home located in Los Angeles County with nearby schools including Compton Avenue Elementary School, Edwin Markham Middle School, and Jordan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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