152 W 111th Place Los Angeles, CA 90061
Broadway-Manchester NeighborhoodEstimated payment $7,574/month
Highlights
- City Lights View
- Laundry Room
- Accessible Parking
- No HOA
- More Than Two Accessible Exits
- Central Heating and Cooling System
About This Home
Excellent investment opportunity! This income-producing property is ideal for investors seeking stable cash flow from day one. Each unit offers functional layouts and reliable tenants already in place. Recent updates: New flooring, Cement Parking Pad, New Landscaping, and Paint. Property is being sold as-is with tenants included, please do not disturb.
Listing Agent
REAL BROKER Brokerage Phone: 323-445-5108 License #02161246 Listed on: 05/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,933
Year Built
- Built in 2019
Lot Details
- 6,911 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
- Driveway
Home Design
- Duplex
- Split Level Home
- Entry on the 1st floor
Interior Spaces
- 3,900 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- City Lights Views
Kitchen
- Gas Oven
- Dishwasher
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 191
- Tax Tract Number 1
- Assessor Parcel Number 6074022010
- $711 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $94,800
- Net Operating Income $7,900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,933 | $953,763 | $396,007 | $557,756 |
| 2024 | $11,933 | $935,063 | $388,243 | $546,820 |
| 2023 | $11,707 | $916,730 | $380,631 | $536,099 |
| 2022 | $11,175 | $898,756 | $373,168 | $525,588 |
| 2021 | $11,022 | $881,134 | $365,851 | $515,283 |
| 2019 | $6,250 | $498,000 | $306,000 | $192,000 |
| 2018 | $612 | $20,411 | $14,193 | $6,218 |
| 2016 | $577 | $19,621 | $13,643 | $5,978 |
| 2015 | $569 | $19,328 | $13,439 | $5,889 |
| 2014 | $576 | $18,950 | $13,176 | $5,774 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | Price Changed | $1,235,000 | -1.6% | $317 / Sq Ft |
| 07/31/2025 07/31/25 | Price Changed | $1,255,000 | -1.6% | $322 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $1,275,000 | -1.9% | $327 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $1,299,999 | -- | $333 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | -- | Chicago Title Company | |
| Warranty Deed | $855,000 | Lawyers Title La | |
| Warranty Deed | -- | Lawyers Title | |
| Warranty Deed | $300,000 | Lawyers Title | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | -- | American Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | United Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $452,500 | New Conventional | |
| Previous Owner | $509,000 | Commercial | |
| Previous Owner | $625,000 | New Conventional | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $150,000 | Balloon | |
| Previous Owner | $105,000 | Unknown | |
| Previous Owner | $75,000 | Purchase Money Mortgage | |
| Previous Owner | $65,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25105399
APN: 6074-022-010
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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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