NOT LISTED FOR SALE

2131 E 111th St Unit 3 Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $955,000 - $1,129,000

6 Beds
5 Baths
2,919 Sq Ft
$357/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2019

Last sale price $635,000 $218 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,417 / mo

78 Days on Market

Highlights

  • 0.29 Acre Lot
  • Fireplace in Guest House
  • 1-Story Property

About This Home

As of April 2019

3 Unit Properties in Great condition (2 buildings). Needs cosmetic repairs and upgrades. 2131 E 111th Street is 4 bedrooms & 3 bath, 2 car garage with attached studio. 2nd building next to it is 2133 & 2135 E 111th Street, Duplex, each with 1 bedroom & 1 bath, also with a 2 car garage. Lots 50, 51, 52 & 53. Lots of space in the back. 1 APN number.

Last Agent to Sell the Property

Kenneth Ogbogu

BRITEWAY INVESTMENTS License #01704030 Listed on: 12/17/2018

Last Buyer's Agent

Juan Violante

High Ten Partners, Inc. License #01111151

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 12,816 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,919 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Fireplace in Guest House
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 520
  • Tax Tract Number 2431
  • Assessor Parcel Number 6067009047

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Professional Management Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $7
  • Gross Income $13
  • Net Operating Income $2

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0.29 Acres

Parking

4

Listing Details

  • Professional Management Expense: 1.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: LAR1
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6067009047
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Guest House
  • Levels: One
  • Price Per Square Foot: 217.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 12816.00
  • Lot Size Acres: 0.2942

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 13.00
  • Gross Scheduled Income: 13.00
  • Insurance Expense: 1.00
  • Lot Size Area: 12816.0000 Square Feet
  • Net Operating Income: 2.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 1.00
  • Rent Control: Yes
  • Total Actual Rent: 3.00
  • Total Expenses: 7.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 2431.00
  • Tax Lot: 520
  • Tax Tract Number: 2431

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Apr 1, 2019
Sold by
Bought by
Seller's Agent
Kenneth Ogbogu
BRITEWAY INVESTMENTS
Buyer's Agent
Juan Violante
High Ten Partners, Inc.
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Current Estimated Value
$1,042,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,784
Avg. Annual Appreciation
7.14%
Original Mortgage
$508,000
Outstanding Balance
$465,254
Interest Rate
6.74%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$577,530

Purchase Details

Listed on
Dec 17, 2018
Closed on
Mar 28, 2019
Sold by
Bought by
Seller's Agent
Kenneth Ogbogu
BRITEWAY INVESTMENTS
Buyer's Agent
Juan Violante
High Ten Partners, Inc.
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Outstanding Balance
$465,254
Interest Rate
6.74%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$577,530

Purchase Details

Closed on
Sep 10, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2006
Sold by
Bought by

Purchase Details

Closed on
May 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$635,000 Stewart Title Of Ca Inc
-- Stewart Title Of Ca Inc
-- Stewart Title
$425,100 None Available
$425,100 Fatico
-- None Available
-- None Available
-- --
-- Security Union Title
-- Sutic
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $508,000
Previous Owner $298,000
Previous Owner $245,000
Previous Owner $245,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $635,000 -2.2% $218 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
12/17/2018 12/17/18 For Sale $649,000 -- $222 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,551 $708,348 $557,756 $150,592
2024 $9,465 $694,460 $546,820 $147,640
2023 $9,294 $680,845 $536,099 $144,746
2022 $8,895 $667,496 $525,588 $141,908
2021 $8,778 $654,409 $515,283 $139,126
2020 $8,856 $647,700 $510,000 $137,700
2019 $8,531 $635,000 $500,000 $135,000
2018 $5,928 $426,000 $306,000 $120,000
2017 $5,639 $403,865 $248,533 $155,332
2016 $5,487 $395,947 $243,660 $152,287
2015 $1,654 $75,119 $9,357 $65,762
2014 $1,674 $73,648 $9,174 $64,474
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Ogbogu

    Seller's Agent in 2019

    Kenneth Ogbogu

    BRITEWAY INVESTMENTS

    (909) 205-6096

    23 Total Sales

    Kenneth Ogbogu
    Section Image

  • J

    Buyer's Agent in 2019

    Juan Violante

    High Ten Partners, Inc.

    (562) 863-2121

    8 Total Sales

    Juan Violante
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18195490

California Regional Multiple Listing Service (CRMLS)

APN: 6067-009-047

California Los Angeles County Los Angeles 90059 Watts

2131 E 111th St Unit 3, Los Angeles, CA

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
Your Personal Tour Guide

Ask me questions while you tour the home.