This CASH COW property with R2 ZONING and HUGE lot offers versatile living options with three units, ideal for multi-generational living or rental income. The main house is split into two units, featuring a spacious 2-bed/1-bath front unit and a 1-bed/1-bath back unit. Additionally, a detached studio that comes equipped with bathroom, kitchenette, a subpanel and tankless water heater, making it SMART-enabled for efficient living. This fully renovated property boasts over $150k in upgrades, including a 2-year-old roof and updated sewer and water lines. Enjoy modern amenities such as central AC with a smart thermostat, recessed LED lighting throughout, and automatic sprinklers for easy lawn maintenance. The property also features BIG ALUMINUM PATIO COVER with fans and lights perfect for entertainment, new cement on the driveway, a wood fence for privacy, and vinyl double-pane windows for energy efficiency. Experience peace of mind with a security system (just need internet connection) and an earthquake shut-off valve installed. Situated in a prime location, near an array of amenities at Freedom Plaza, Blink Fitness, Starbucks, Ross, Smart & Final. Enjoy seamless access to major freeways (105, 91, 110 and 710) for easy commuting and be mere minutes from DTLA, SOFI Stadium, Kia Forum, and LAX. An added bonus: ALL UNITS WILL BE DELIVERED VACANT, offering flexibility for your next move or investment endeavor.
Property Details
Property Features
Property Information:
Year Built: 1925
Stories: 1
Listing Office:
Office Name: Remax Innovative
Office Phone: (323) 350-4654
Listing Agent: Marvin Garcia
Interior Features
Interior Information:
Flooring Type: Laminate
Interior: All Bedrooms Down
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot: Back Yard
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
David Starr Jordan Senior High School, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Edwin Markham Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Compton Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: FROM THE 105 W, EXIT CENTRAL AVE, TURN RIGHT ON CENTRAL AVE, TURN RIGHT ON 108TH ST, HOME IS ON THE RIGHT HAND SIDE Cross Streets: CENTRAL AVE/WILMINGTON AVE
Price Information
Listing Price Info
Price Summary:
List Price: $669,000
Tax Information:
Annual Amount: $5,246
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $317.4K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #DW24071291
Listing Office:
Office Name: Remax Innovative
Office Phone: (323) 350-4654
Listing Agent: Marvin Garcia
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 12:20:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 02, 2017
Jun 02, 2017Home Sold
$373,000
Mar 18, 2016
Mar 18, 2016Home Sold
$336,000
Jun 12, 2015
Jun 12, 2015Home Sold
$220,000
Nov 21, 2014
Nov 21, 2014Home Sold
$205,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,246
$399,928
2020
$5,094
$395,828
2019
$4,968
$388,068
2018
$4,498
$380,460
2017
$4,498
$342,720
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Compton Avenue Elementary School
1515 E 104th St
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school11.52 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school15.61 miles
Public Magnet Grades KG-5
Middle School
3
/10
Edwin Markham Middle School
1650 E 104th St
Distance between this listing and this school0.34 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school11.56 miles
Public District Grades 6-8
High School
1
/10
David Starr Jordan Senior High School
2265 E 103rd St
Distance between this listing and this school1.18 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.24 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school22.70 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Compton Avenue Elementary School
1515 E 104th St
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school11.52 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school15.61 miles
Public Magnet Grades KG-5
Assigned Schools
3
/10
Edwin Markham Middle School
1650 E 104th St
Distance between this listing and this school0.34 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school11.56 miles
Public District Grades 6-8
Nearby Schools
2
/10
Animo Charter Middle No. 2
810 E 111th Pl
Distance between this listing and this school0.61 miles
Public Charter Grades 6-8
Assigned Schools
1
/10
David Starr Jordan Senior High School
2265 E 103rd St
Distance between this listing and this school1.18 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.24 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school22.70 miles
The neighbors living near this home have an average income of $31,176. Most Los Angeles, CA residents have annual incomes less than $35k. Most families are single, with kids. The majority of residents in this area have high school diploma education.
This home is located at 1406 E 108th St in Los Angeles, CA and zip code 90059 in the South LA neighborhood. This home, which was built in 1925, sits on a 0.18 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $669,000.
Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.
From Rocket Homes Real Estate and based on county public records data.