NOT LISTED FOR SALE

1551 E 108th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $626,000 - $807,000

4 Beds
2 Baths
1,686 Sq Ft
$427/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $550,000 $326 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,326/month

117 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Central Heating

About This Home

As of October 2023

Here is the opportunity to own your own Duplex. Investments like this don't come around often. Both units are spacious and have good storage space. The kitchen and dining area is surprisingly sizeable for this layout. Each unit has its own washer and dryer hook-up. The rear unit has central heating. The backyard is spacious. The seller will vacate the current tenant. Unit 1559 is also for sale. Let's make a deal. This a Trust sale, The sale is AS-IS, WHERE-IS, buyer is advise to perform their due diligence to satisfy themselves with all components, square footage and permits. This property must be purchased with 1559 E. 108th.

Last Agent to Sell the Property

Regina Hooks

Robert Pitts Estates License #01207855 Listed on: 06/17/2023

Last Buyer's Agent

Regina Hooks

Robert Pitts Estates License #01207855 Listed on: 06/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1961

Lot Details

  • 7,691 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6065-014-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,974

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1686
  • Lot Acreage: 0.1766
  • Year Built: 1961
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 415.18

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Percent: 74.23
  • Assessed Improvement Value: 31847
  • Assessed Land Percent: 25.77
  • Assessed Land Value: 11054
  • Total Assessed Value: 42901
  • Assessor Parcel Number: 6065-014-031
  • Lot Size Area: 7691

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 69.44
  • Number Of Units: 2
  • Total Annual Expense: 600
  • Type Of Units: 2 on a lot
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Oct 16, 2023
Sold by
Marie Holmes 2021 Revocable Trust
Bought by
Saravia Elvia L
Seller's Agent
Regina Hooks
Robert Pitts Estates
Buyer's Agent
Regina Hooks
Robert Pitts Estates
List Price
$700,000
Sold Price
$550,000
Premium/Discount to List
-$150,000
-21.43%
Views
58
Current Estimated Value
$719,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,092
Avg. Annual Appreciation
13.16%

Purchase Details

Closed on
May 14, 2021
Sold by
Holmes Marie H
Bought by
Bell Kim D

Purchase Details

Closed on
Apr 30, 2021
Sold by
Holmes Marie H
Bought by
Bell Kim D
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Saravia Elvia L $550,000 Fidelity National Title
Bell Kim D -- None Available
Bell Kim D -- None Available
Bell Kim D -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $550,000 -21.4% $326 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $700,000 0.0% $415 / Sq Ft
09/12/2023 09/12/23 For Sale $700,000 +12.0% $415 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $625,000 -- $371 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $4,974 $367,200 $306,000 $61,200
2024 $4,974 $360,000 $300,000 $60,000
2023 $1,092 $43,758 $11,275 $32,483
2022 $1,060 $42,901 $11,054 $31,847
2021 $1,037 $42,061 $10,838 $31,223
2020 $1,037 $41,630 $10,727 $30,903
2019 $1,013 $40,815 $10,517 $30,298
2018 $872 $40,015 $10,311 $29,704
2016 $812 $38,462 $9,911 $28,551
2015 $799 $37,886 $9,763 $28,123
2014 $809 $37,145 $9,572 $27,573
Source: Public Records

Agents Affiliated with this Home

  • Regina Hooks

    Seller's Agent in 2023

    Regina Hooks

    Robert Pitts Estates

    (213) 399-5499

    2 in this area

    46 Total Sales

    Regina Hooks
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Map

Source: The MLS

MLS Number: 23-282493

The MLS

APN: 6065-014-031

California Los Angeles County Los Angeles 90059 Watts

1551 E 108th St, Los Angeles, CA

This home is located at 1551 E 108th St, Los Angeles, CA 90059 since 17 June 2023 and is currently estimated at $719,092, approximately $426 per square foot. This property was built in 1961. 1551 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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