NOT LISTED FOR SALE

1775 E 108th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $801,000 - $1,442,000

10 Beds
8 Baths
4,100 Sq Ft
$281/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $850,000 $207 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,114/month

About This Home

As of December 2019

Investors dream. 6.43% CAP investment property. This duplex has been Built in 2016, and has no Rent Control. The property consists of 2 large, 5Br + 3.5 Bath Units with 4100 total living sq ft. Additionally, there is covered parking deriving additional income of $221.00 per month. Make this investment property a part of your investment portfolio!

Last Agent to Sell the Property

Nick Ananyan

Titus Realty, Inc. License #01320968 Listed on: 10/23/2019

Last Buyer's Agent

Brian Jung

BJ Realty License #01946975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,712

Year Built

  • Built in 2016

Lot Details

  • 6,267 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 4,100 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 6065035044

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • New Taxes Expense $9,000
  • Operating Expense $10,753
  • Gross Income $67,440
  • Net Operating Income $56,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,712

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6065035044
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 207.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6267.00
  • Lot Size Acres: 0.1439

Rental Info

  • Garage Rental Rate: 221.00

Multi Family

  • Garage Income: 2652.00
  • Gross Income: 67440.00
  • Gross Scheduled Income: 67284.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6267.0000 Square Feet
  • Net Operating Income: 56530.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10753.00
  • Rent Control: No
  • Total Expenses: 10753.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Census Tract: 2427.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2019
Sold by
Galstyan Tigran
Bought by
Park Sangtae and Pyo Jeongsoo
Current Estimated Value
$1,153,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Park Sangtae $850,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Sangtae $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2019 12/31/19 Sold $850,000 -3.3% $207 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $879,000 +33.2% $214 / Sq Ft
07/22/2016 07/22/16 Sold $660,000 0.0% $161 / Sq Ft View Prior Sale
06/07/2016 06/07/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $660,000 -2.2% $161 / Sq Ft
04/05/2016 04/05/16 For Sale $675,000 -- $165 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,712 $929,595 $492,139 $437,456
2024 $11,712 $911,369 $482,490 $428,879
2023 $11,491 $893,500 $473,030 $420,470
2022 $10,972 $875,981 $463,755 $412,226
2021 $10,820 $858,806 $454,662 $404,144
2020 $10,922 $850,000 $450,000 $400,000
2019 $8,779 $686,664 $322,524 $364,140
2018 $8,400 $673,200 $316,200 $357,000
2016 $9,254 $748,588 $438,588 $310,000
Source: Public Records

Agents Affiliated with this Home

  • Nick Ananyan

    Seller's Agent in 2019

    Nick Ananyan

    Titus Realty, Inc.

    (818) 786-5511

    94 Total Sales

    Nick Ananyan
    Section Image

  • B

    Buyer's Agent in 2019

    Brian Jung

    BJ Realty

    (949) 382-1413

    1 in this area

    32 Total Sales

    Brian Jung
    Section Image

  • M

    Seller's Agent in 2016

    Mike Hassani

    Home Team Realty

    (310) 971-3652

    7 Total Sales

    Mike Hassani
    Section Image

  • D

    Buyer's Agent in 2016

    David May

  • I

    Buyer's Agent in 2016

    Iren Bznuni

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19249339

California Regional Multiple Listing Service (CRMLS)

APN: 6065-035-044

California Los Angeles County Los Angeles 90059 Watts

1775 E 108th St, Los Angeles, CA

This home is located at 1775 E 108th St, Los Angeles, CA 90059 since 23 October 2019 and is currently estimated at $1,153,116, approximately $281 per square foot. This property was built in 2016. 1775 E 108th St is a home located in Los Angeles County with nearby schools including Grape Street 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

Nearby Homes