1570 E 110th St Los Angeles, CA 90059
Watts NeighborhoodEstimated payment $5,458/month
Highlights
- Front Porch
- Bathtub with Shower
- Forced Air Heating System
- Built-In Features
- Ceramic Tile Flooring
- 2-minute walk to One Hundred Ninth Street Recreation Center
About This Home
This well maintained 5 unit, mixed use property is the perfect entry level commercial investment. Featuring (4) One bedroom, one bathroom units (1) small retail unit and (2) oversized, fully-gated one car driveways. With one being at each end of the property. This property is uniquely located on a wide, corner lot, consisting of two detached buildings, making the retail unit and 4 residential units entirely separate. This offers both prime frontage for the retail unit along side a sense of privacy for the residential units. The retail unit was once a to-go, food business, then a snack stand and is currently used as storage. The commercial retail unit and (1) residential unit will be delivered vacant; offering access to immediate upside in rents. The Watts area is under rapid re-development including recent building of Freedom Plaza to compliment the rebuilding 100s of new units at the Jordan Downs Housing Complex. The nearby Nickerson Gardens and Imperial Courts are slated for similar development as well, furthering the economic activity in the area and providing much needed housing. Located just minutes away from Downtown Los Angeles with close proximity to 105, 110, 710 and 605 Freeways; making it ideal for transit to area employers and attractions. Contact me today to set up your showings or with any questions! With two units delivered vacant, you can easily achieve a near 8.5% cap rate and a 9.5 GRM to CASH FLOW! Additionally, the adjacent property at 11003 Compton Ave is listed for sale at the same time, offering the chance to assemble both properties. See MLS Listing #26665505 for more information.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 4,162 Sq Ft Lot
- North Facing Home
- Gated Home
Home Design
- Entry on the 11th floor
- Flat Roof Shape
Interior Spaces
- 2,052 Sq Ft Home
- 1-Story Property
- Built-In Features
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
- Bathtub with Shower
Parking
- 2 Open Parking Spaces
- Driveway
Outdoor Features
- Front Porch
Utilities
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 6070-008-015
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- Rent Control
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 | $11,421 | $854,272 | $583,664 | $270,608 |
| 2024 | $11,279 | $837,522 | $572,220 | $265,302 |
| 2023 | $11,068 | $821,100 | $561,000 | $260,100 |
| 2022 | $10,584 | $805,000 | $550,000 | $255,000 |
| 2021 | $9,782 | $732,511 | $505,180 | $227,331 |
| 2019 | $5,612 | $380,000 | $230,000 | $150,000 |
| 2018 | $4,395 | $280,908 | $156,060 | $124,848 |
| 2016 | $4,178 | $270,000 | $150,000 | $120,000 |
| 2015 | $2,694 | $147,092 | $37,860 | $109,232 |
| 2014 | $2,686 | $144,212 | $37,119 | $107,093 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $849,999 | +5.6% | $414 / Sq Ft | |
| 10/13/2021 10/13/21 | Sold | $805,000 | -5.2% | $392 / Sq Ft | View Prior Sale |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- | |
| 01/29/2021 01/29/21 | Price Changed | $849,000 | -5.1% | $414 / Sq Ft | |
| 01/18/2021 01/18/21 | For Sale | $895,000 | +23.4% | $436 / Sq Ft | |
| 07/19/2019 07/19/19 | Sold | $725,000 | 0.0% | $353 / Sq Ft | View Prior Sale |
| 03/20/2019 03/20/19 | Pending | -- | -- | -- | |
| 03/20/2019 03/20/19 | For Sale | $725,000 | +90.8% | $353 / Sq Ft | |
| 09/07/2018 09/07/18 | Sold | $380,000 | -5.0% | $185 / Sq Ft | View Prior Sale |
| 08/16/2018 08/16/18 | Pending | -- | -- | -- | |
| 08/10/2018 08/10/18 | For Sale | $399,900 | +8.1% | $195 / Sq Ft | |
| 10/06/2015 10/06/15 | Sold | $370,000 | +2.8% | $180 / Sq Ft | View Prior Sale |
| 10/06/2015 10/06/15 | Pending | -- | -- | -- | |
| 05/08/2015 05/08/15 | For Sale | $360,000 | -- | $175 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $725,000 | Wfg National Title Company | |
| Grant Deed | $380,000 | Wfg Title Co Of California | |
| Grant Deed | $270,000 | Ticor Title Company | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $543,750 | Commercial | |
| Previous Owner | $342,000 | New Conventional |
Source: The MLS
MLS Number: 26767937
APN: 6070-008-015
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Ask me questions while you tour the home.