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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,100,000

Est. payment | -/mo

0.32 Acres Lot

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$ 1,100,000

Est. payment | -/mo

Save

0.32 Acres Lot

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 24367353

HOA Y/N No

Year Built 1947

Lot Size 0.322 Acres

Property Description

This property consists of two parcels, next to each other. Both parcels sold in one sale. Parcel 6069-012-006 includes two buildings at 1786 E. 110th St, units 1-4 (1 bedroom each), and two detached houses at 11008 and 11010 (2 bedroms each). Lot size is 14,019. Parcel 6069-012-007 includes two detached houses at 11012 and 11014 (1 bedroom in front and 2 bedroom in rear). Lot size is 5,131.12. These two parcels include a sizeable amount of land for renovation or new build, and there is lots of potential. There was a Los Angeles Code Enforcement inspection a few months ago and all passed the inspection by ensuring all health and safety issues are up to code. There was a substantial amount of expenses for repairs as required for the City, which increased the expenses for these properties in 2023. Most of the tenants are long term and have lived at the property for over 15-20 years. There was a 4% rent increase as authorized by City of Los Angeles effective March 2024.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Heating Wall Furnace

Fireplace No

Laundry None

Exterior

Community Features Gated

Total Parking Spaces 8

Building

Lot Description Back Yard, Corner Lot, Front Yard, Near Public Transit

Water Public

Others

Tax ID 6069012006

Security Features Fire Detection System,Gated Community,Smoke Detector(s),Window Bars

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ruth Hayles Ruth A. Hayles, Broker #00842547

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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11010 Willowbrook AVE Los Angeles, CA 90059