1106 E 114th, Los Angeles, CA 90059
- $1,065,000
- List Price
- $1,065,000
- Status
- ACTIVE
- MLS#
- WS26136817
- Year Built
- 2017
- Lot Size
- 5,161
- Acres
- 0.12
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 34
- Property Type
- Multifamily
- Property Sub Type
- Duplex
Property Description
Exceptional opportunity to own a turnkey, modern duplex built in 2017, located in a rapidly developing pocket of Los Angeles. Designed for savvy investors or owner-occupants seeking a powerful house hack, this property offers incredible financial flexibility. The property consists of two spacious, highly rentable units: 1106 E 114th St: Delivered completely vacant! This unit was previously renting for $3,060 and is ready for immediate lease-up at top-tier market rates, or for an owner-occupant to move right in. 1108 E 114th St: Occupied by a reliable, long-term tenant currently paying $3,102/month, providing steady, immediate cash flow with strong built-in potential for future rent increases. Featuring contemporary finishes, separate gas and electricity meters, and low-maintenance 2010s construction, this asset minimizes operational headaches while maximizing your portfolio's yield. Don’t miss out on an income property where you control the upside!
Additional Information
- Appliances
- Microwave
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $37,231
- Operating Expense
- 250
Listing courtesy of Listing Agent: MING SONG (realtor.mimisong@gmail.com) from Listing Office: RE/MAX PREMIER/ARCADIA.
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