427 E 112th Street Los Angeles, CA $ 1,399,900
427 E 112th Street
$ 1,399,900
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427 E 112th Street

Los Angeles, CA, 90061
$ 1,399,900
Bedrooms3 Baths2.0 Sq 3,084

Monthly Estimate*

$ 9,779

Listed by The Associates Realty Group
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Multi-Family Home for sale in Los Angeles, CA

for $1,399,900 with 3 bedrooms and 2 full baths. This 3,084 square foot home was built in 1925 on a lot size of 0.157.

100% VACANT…RARE OPPORTUNITY! Welcome to this exceptional investment opportunity in the heart of Los Angeles! This property features a total of four units, offering a mix of spacious living arrangements perfect for both tenants and landlords. The front unit is a beautifully remodeled 3-bedroom home, offering modern amenities and a comfortable layout. The addition of three brand-new units provides flexibility for potential renters, including a 2-bedroom unit and two 1-bedroom units, all thoughtfully designed for maximum comfort and convenience. Situated on a single-story layout, each unit offers easy access and a sense of privacy. The property is in great condition, ensuring a hassle-free experience for both tenants and owners. Live in one unit and rent out the others for added income, or maximize rental potential with Section 8 housing. Don't miss out on this rare chance to own a turnkey investment property in a prime location. Schedule your showing today and explore the endless possibilities this property has to offer!

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Multi-Family Pending

Price

$ 1,399,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.157

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC24024349

Days on Market

104

Features
General
Sewer PublicSewer
Zoning LAR2
Garage Spaces 0.0
Pool Features None
Year Built 1925
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 124200.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 93150.0
Operating Expense 31050.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions 112th and Avalon Blvd
City Los Angeles
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area C37 - Metropolitan South
Lot Size Square Feet 6838.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 112th
Listing Terms Submit
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 49
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 273
Property Sub Type Additional Quadruplex
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Exterior
Lot Features FrontYard
Water Source Public
Total Parking 4.0
Lot Size Area 6838.0
Number of Buildings 2
Spa N
Building Area Total 3084.0
Lot Size Acres 0.157
Lot Size Units SquareFeet
Lot Size Source Other
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 427
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* Excluded Features
List By
The Associates Realty Group

Broker

(844) 504-4965

Phone

Affordability Calculator

$9,779
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,779
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2024$1,399,900 Listed Price

Map


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427 E 112th Street, Los Angeles, CA, 90061 is a Multi-Family Home for sale at $1,399,900 with 3,084 sqft and a lot size of 0.157. 427 E 112th Street has 3 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 90061 which is in Los Angeles, CA