Los Angeles, CA 90059 11010 Willowbrook Avenue
$1,100,000
Pending
1 more
Presented By: Ruth Hayles with Ruth A. Hayles, Broker;
Home Details
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.
Presented By: Ruth Hayles with Ruth A. Hayles, Broker;
Interior Features for 11010 Willowbrook Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
General for 11010 Willowbrook Avenue
Additional Parcels Y/NNo
Attached Garage No
Buyer FinancingCash, Conventional
Cap Rate3.04
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
Days on Market137
DirectionsExit 105 Freeway at Wilmington, continue North on Wilmington, Left turn on 110th Street.
DisclosuresRentControl, TrustConservatorship
Garage Y/NNo
HOA0.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lease TypeFullService
Lot Size Square Feet14023.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income48618.0
New ConstructionNo
NumberOfUnitsTotal8
Open Parking Spaces4.0
Operating Expense25636.0
Private PoolNo
Property TypeCommercialSale
Rent Control Y/NYes
Security FeaturesFireDetectionSystem, GatedCommunity, SmokeDetectors, WindowBars
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
TermsCash, Conventional
View Y/NNo
Waterfront Y/NNo
Year Built1947
ZoningLAR2
Exterior for 11010 Willowbrook Avenue
Building Area Total4604.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, CornerLot, FrontYard, NearPublicTransit
Lot Size Acres0.3219
Lot Size Area14023.0
Number of Buildings6
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480