1106 E 114th, Los Angeles, CA 90059

$1,065,000

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List Agent MING SONG () 626-888-9808 RE/MAX PREMIER/ARCADIA; CoList ()

List Price
$1,065,000
Status
ACTIVE
MLS#
WS26136817
Year Built
2017
Lot Size
5,161
Lot Location
2-5 Units/Acre
Days on Market
37
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

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.