Available

231 E. 110th St.

Los Angeles, CA 90061
$1,100,000
231 E. 110th St., Los Angeles, CA 90061 — building exterior
2
Units
$550,000
Price / Unit
2021
Year Built
$309
Price / SF
3,556
Building SF

About the Property

229-231 E. 110th Street is a 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

Deal Highlights

Newer Construction and Remodeled Units
Built in 2021 with central heat, laundry rooms with washer/dryer hookups, hardwood floors, updated electrical, tankless water heaters, private garages and drought-tolerant landscaping.
Desirable Unit Mix: Two 5 Bed + 3 Bath Units
Two 5 bed, 3 bath townhome-style units averaging 1,778 SF each, a format that attracts long-term tenants or suits an owner-user.
Separately Metered Utilities (Water, Electricity & Gas)
Water, electricity and gas are all separately metered and paid by the tenants, leaving a new owner with minimal operating expenses.
Delivered Vacant (Owner-User or Investment Options)
Both units will be delivered vacant, so an investor can set market rents or an owner-user can occupy one unit and rent out the other.

Area Demographics

33
Median Age
$80,017
Avg. Household Income
388,353
Population
$609,300
Median Home Value

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