Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

3,556 sqft

Lot size

5,322 sqft

Year built

2021

Stories

2

Garage spaces

3

Style

Modern

Heating

Central

Cooling

None

Pool

None

View

City Lights

Status

Active

Days on market

0

MLS #

249050265

About this property

229-231 E. 110th Street is a vacant newer-construction duplex built in 2021, featuring two spacious, townhome-style units, each offering 5 bedrooms and 3 bathrooms. Both units are renovated and turnkey ready for immediate occupancy, with in-unit laundry areas featuring washer and dryer hookups, tankless water heaters, and central heating. Each unit is separately metered for water, gas, and electricity, with all utilities the responsibility of the tenants, leaving the owner with minimal operating expenses. The property's newer construction further helps minimize maintenance and capital expenditure concerns. The gated property offers excellent on-site parking, including a one-car garage, a separate two-car garage at the rear of the property, and three additional open parking spaces in the driveway. The front yard has been updated with artificial turf and drought-resistant landscaping, providing an attractive, low-maintenance outdoor space. The property will be delivered 100% vacant, providing a unique opportunity for an investor to establish market rents or for an owner-user to occupy one unit while generating rental income from the other. With two spacious five-bedroom units, multiple parking options, low owner-paid expenses, and newer construction, this property presents an excellent opportunity for both investors and owner-users seeking a versatile, low-maintenance asset in Los Angeles. Please contact the listing agents for showing instructions and available financing options.

Location

231 E 110th Street

Los Angeles, Los Angeles, CA, 90061