Properties

Los Angeles, CA 90059 11010 Willowbrook Avenue

Pending
11010 Willowbrook Avenue Los Angeles, CA - Image 111010 Willowbrook Avenue Los Angeles, CA - Image 211010 Willowbrook Avenue Los Angeles, CA - Image 3
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11010 Willowbrook Avenue Los Angeles, CA - Image 411010 Willowbrook Avenue Los Angeles, CA - Image 5
Presented By: Ruth Hayles with Ruth A. Hayles, Broker;
  • MLS# 24367353
  • 03/11/2024
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  • SQFT • 4,604

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

Heating Y/NYes
Laundry FeaturesNone

General for 11010 Willowbrook Avenue

Buyer FinancingCash, Conventional
Cap Rate3.04
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsExit 105 Freeway at Wilmington, continue North on Wilmington, Left turn on 110th Street.
DisclosuresRent Control, Trust/Conservatorship
HOA Fee$
HeatingWall Furnace
Lease TypeFull Service
Listing TermsCash, Conventional
Lot Size Square Feet14023
Lot Size UnitsSquare Feet
MLS AreaC37 - Metropolitan South
Net Operating Income48618
Number Of Units Total8
Open Parking Spaces4
Operating Expense25636
PostalCityLOS ANGELES
Property TypeCommercial Sale
Rent Control Y/NYes
Security FeaturesFire Detection System, Gated Community, Smoke Detector(s), Window Bars
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Year Built1947
ZoningLAR2

Exterior for 11010 Willowbrook Avenue

Building Area Total4604
Lot FeaturesBack Yard, Corner Lot, Front Yard, Near Public Transit
Lot Size Acres0.3219
Lot Size Area14023
Number of Buildings6
Total Parking8
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,100,000
MLS#24367353
List Date 03/11/2024
Property Type Commercial
Phone 888.795.6274
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