1106 E 114th

Los Angeles, CA 90059

About this property

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!

About this property

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!

Features and Additional Information

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$1,065,000 Active
0 Bed(s)
0
Baths
3,476 sqft

Presented By Desert Lifestyle Properties

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Get in touch today! Phone: 1-760-818-7518
Brokerage
RE/MAX PREMIER/ARCADIA
1-626-229-2200
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Area Information

C37 Metropolitan South | Los Angeles County |

$ 1,065,000
This listing is play_arrow 63.8% higher than the average in the area
$ 650,000 in the area
3,476 SqFt
This listing is play_arrow 45.5% larger than the average in the area
2,389 SqFt in the area
$ 306 $/SqFt
This listing is play_arrow 12.6% more than the average in the area
$ 272 $/SqFt in the area
60 days on site
This listing is play_arrow 78.9% below the average in the area
284 days on site in the area

Schools in the Area

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    Elementary School
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Listed By MING SONG
Brokerage: RE/MAX PREMIER/ARCADIA

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