$1,100,000
Pending

11010 Willowbrook Avenue

Los Angeles, CA 90059
Listing OfficeRuth A. Hayles, Broker
Browse 6 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionBackYard, CornerLot, FrontYard, NearPublicTransit
      • Property SubtypeCommercialSale
      • CountyLos Angeles
      • Original List Price$1,600,000
      • Property TypePurchase
      • MLS #24367353
      • MLS #24367353
      • Cost1100000
      • Acres0.3219
      • Utility SourcePublic
      • Year Built1947

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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