$720,000 Price Analysis 4422 3rd AveLos Angeles, CA 90043 2 bed 2 bath 1,836 SqFt ($392/SqFt) 6,509SqFt lot. Built 1924 Listed 2024-06-19, Taxes $2,526 | Ⓧ USDA Ineligible due to location near Los Angeles |
Way below market. Spanish style bungalow duplex, adjacent to th famous Leimert Park with ONE UNIT (Unit 4422) COMPLETELY VACANT AND REMODELED and currently used as an Air B and B!!!! Perfect opportunity to live in one unit and collect rents from the second unit. The vacant unit (4422) is newly renovated with coved ceiling and an arched entryway. Improvements include luxury vinyl plank, new paint, upgraded plumbing and electrical. The kitchen has been modernized with quartz counters, recessed lighting, soft close cabinets and stainless steel appliances.
The bedroom has an extended closet area along with the brand new bathroom that includes charming tile floors and a resort-like big glassed enclosed shower. Both units include in-unit laundry. Unit (4424) has a long-term, reliable tenant. (Let's talk about this.) The possibilities are endless. The lot is large enough to possibly add second bedrooms. A 2-car garage (tremendous for storage as well) is located in the backyard area with a long drive way. Rents shown are projected from Section 8 payment standards for 1 bedrooms. This is a solid investment!
Presented by Soraya Powell at
Vylla Home, Inc.
Property MLS #24-405045 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $99,647 + $92,487 $192,134 | $2,526 |
2021 | $97,694 + $90,674 $188,368 | $2,482 |
2020 | $96,693 + $89,745 $186,438 | $2,502 |
2019 | $94,798 + $87,986 $182,784 | $2,413 |
2018 | $92,940 + $86,261 $179,201 | $2,313 |
2017 | $91,118 + $84,570 $175,688 | $2,267 |
2016 | $89,332 + $82,912 $172,244 | $2,196 |
2015 | $87,991 + $81,667 $169,658 | $2,165 |
2014 | $86,268 + $80,068 $166,336 | $2,187 |
2013 | $85,879 + $79,707 $165,586 | $2,180 |
2012 | $84,196 + $78,145 $162,341 | $2,207 |
2010 | $82,546 + $76,613 $159,159 | $2,174 |
2009 | $82,125 + $76,222 $158,347 | $2,093 |
2009 | $81,930 + $76,041 $157,971 | $2,093 |
2008 | $80,515 + $74,728 $155,243 | $2,010 |
2007 | $78,937 + $73,263 $152,200 | $1,940 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.