Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 4-bedroom, 5-bathroom residential multi family at 1570 E 110th St in Los Angeles, CA is listed for $849,999 ($414 per sqft). Built in 1927, the home offers 2,052 sqft of living space on a 0.10 acres lot.
This well maintained 5 unit, mixed use property is the perfect entry level commercial investment. Featuring (4) One bedroom, one bathroom units (1) small retail unit and (2) oversized, fully-gated one car driveways. With one being at each end of the property.
This property is uniquely located on a wide, corner lot, consisting of two detached buildings, making the retail unit and 4 residential units entirely separate. This offers both prime frontage for the retail unit along side a sense of privacy for the residential units.
The retail unit was once a to-go, food business, then a snack stand and is currently used as storage. The commercial retail unit and (1) residential unit will be delivered vacant; offering access to immediate upside in rents. The Watts area is under rapid re-development including recent building of Freedom Plaza to compliment the rebuilding 100s of new units at the Jordan Downs Housing Complex.
The nearby Nickerson Gardens and Imperial Courts are slated for similar development as well, furthering the economic activity in the area and providing much needed housing. Located just minutes away from Downtown Los Angeles with close proximity to 105, 110, 710 and 605 Freeways; making it ideal for transit to area employers and attractions.
Contact me today to set up your showings or with any questions! With two units delivered vacant, you can easily achieve a near 8.5% cap rate and a 9.5 GRM to CASH FLOW! Additionally, the adjacent property at 11003 Compton Ave is listed for sale at the same time, offering the chance to assemble both properties. See MLS Listing #26665505 for more information.
Key Features
- Built in 1927
- 0.10 acre lot
Property Details
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1570 E 110th St
Los Angeles, CA 90059
Property Details
Flooring
Pool Features
Parking
Heating
Questions & Answers
This 4-bedroom, 5-bathroom residential multi family at 1570 E 110th St is listed at $849,999 ($414/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.10 acre lot.
This property is listed by Zachary Grant and can be reached at 4243646683 or Zachary@GrantRealtyAdvisors.com.
