
1539 E 112th St Los Angeles, CA 90059
Watts NeighborhoodEstimated payment $5,927/month
About This Home
Turnkey Duplex Opportunity – Fully Rented & Cash Flowing! ??
7 Beds | 4 Baths Total | New Renovations | Strong Rental Income
Investors, your cash-flowing dream property has arrived! This beautifully renovated duplex is the complete package: fully rented, fully upgraded, and located in a central, high-demand area with excellent freeway access.
?? Unit 1 – 4 Bedrooms, 2 Baths – Rents for $3,300/month
?? Unit 2 – 3 Bedrooms, 2 Baths – Rents for $2,600/month
?? Total Monthly Rent: $5,900
?? Your mortgage could be entirely covered by existing rental income!
? Property Highlights:
? Brand New from Top to Bottom:
Fresh exterior & interior paint
All-new plumbing and electrical systems
New grey shaker cabinets with sleek quartz countertops
Stunning bathrooms with modern tile, shower/tub combos & elegant vanities
Durable, stylish laminate flooring throughout – easy maintenance, tenant-friendly!
? Investor Goldmine:
Turnkey with zero deferred maintenance
Fully rented with strong tenant history
Low vacancy risk in a central location
? Prime Location Perks:
Minutes to major freeways
Convenient for commuters & families alike
Close to schools, shops, and transit
?? Investor Math – Can the Rents Cover the Mortgage?
Let’s assume the property is priced at $850,000 (adjust based on your actual price).
Using a 20% down payment and 7.0% interest rate (typical investor loan), here’s how it plays out:
Down Payment (20%): $170,000
Loan Amount: $680,000
Estimated Monthly Payment (Principal + Interest): ~$4,520/month
Property Taxes & Insurance: ~$600/month (estimate)
Total Monthly Cost: ~$5,120/month
Rental Income: $5,900/month
?? Net Positive Cash Flow: ~$780/month
?? That’s positive cash flow from Day One!
Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking your first income-producing property, this duplex offers long-term stability and immediate returns. The heavy lifting is done – just collect the rent and watch your equity grow!
??? Schedule your private showing today – opportunities like this don’t last!
Listing Agent
Ambiance Realty Brokerage Phone: 310-749-4626 License #01961731 Listed on: 06/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,192
Year Built
- Built in 2020
Lot Details
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Interior Spaces
- 2,370 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Assessor Parcel Number 6070009016
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $600
- Gross Income $70,800
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 |
---|---|---|---|---|
2024 | $9,192 | $721,620 | $328,974 | $392,646 |
2023 | $9,017 | $707,472 | $322,524 | $384,948 |
2022 | $8,605 | $693,600 | $316,200 | $377,400 |
2021 | $8,491 | $680,000 | $310,000 | $370,000 |
2020 | $2,017 | $161,694 | $161,694 | $0 |
2019 | $1,938 | $158,524 | $158,524 | $0 |
2018 | $103 | $2,340 | $2,340 | $0 |
2016 | $98 | $2,250 | $2,250 | $0 |
2015 | $97 | $2,217 | $2,217 | $0 |
2014 | $98 | $2,174 | $2,174 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/25/2025 06/25/25 | For Sale | $930,000 | +36.8% | $392 / Sq Ft |
07/29/2020 07/29/20 | Sold | $680,000 | 0.0% | $287 / Sq Ft |
04/21/2020 04/21/20 | Pending | -- | -- | -- |
04/14/2020 04/14/20 | For Sale | $680,000 | -- | $287 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $680,000 | Pacific Coast Title Company | |
Grant Deed | -- | Lawyers Title | |
Grant Deed | -- | Fidelity National Title | |
Grant Deed | $120,000 | Fidelity National Title | |
Grant Deed | $100,000 | Fidelity National Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $667,683 | FHA | |
Previous Owner | $325,625 | Commercial |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25142967

APN: 6070-009-016
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