$1770000 Price Analysis   ♡   Los Angeles, CA 90035 4 bed 4 bath 3313 SqFt ($534/SqFt) 5496SqFt lot. Built 1933 Listed 2024-06-04, Taxes $8528 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
PRICE REDUCTION!
* Has Contingent Offer *This pristine 1933 Spanish Colonial Revival duplex is in South Carthay, a neighborhood on the National Registry of Historic Places in one of the city's HistoricPreservation Overlay Zones (HPOZ). South Carthay is a quiet neighborhood close to the soon-to-be-opened Fairfax Metro stop with easy access to the 10 Freeway, Wilshire Museums, The Grove and the famous Farmer's Market. If you appreciate impeccably preserved 30's architecture with arches, original tile work and art deco bathrooms and kitchens, this one's for you. Each unit has two bedrooms and 1.5 baths, living rooms with working fireplaces, formal dining rooms, breakfast rooms and kitchens with laundry areas. The upper unit has a bonus room above the porte-cochere. The backyard features a lush garden with fountain and a private brick patio with retractable Sunbrella awnings. The seller has meticulously maintained the building's architectural integrity. Upgrades are extensive including newer central heat and air (2019), newer roof with warranty, new sewer lines (2014), furnaces (2017), casement windows and electrical wiring and plumbing throughout both units. Each unit has its own tankless water heater (lower unit received new tankless water heater in 2024). The building was painted with new fencing in 2022. There are 2 garages. The owner has architectural plans to convert one garage to an ADU or studio. This is indeed a trophy property waiting for the discerning buyer. Both units are occupied with tenants on month-to-month leases. No-fault evictions can be applied to both units. Rents for each ha ve been increased by $55 as of July 1, 2024 (approved by LA City for capital improvements). Click on DOCS to see the list of wonderful property improvements!
Be sure not to miss the wlk-thru video as it is magical! NO SIGN ON PROPERTY. The virtual video is on the MLS as well as is the list of improvements in the DOCS section. If you do not have access to the virtual tour or the list of improvements; they can be emailed to you with the links.
Presented by Robert Leighton at
Rodeo Realty.
Property MLS #24-399901 from TheMLSCLAW
Full Bathrooms: 4
Bathroom 1 Features: Shower Stall, Tile, Shower and Tub
Cooktop - Gas
Oven-Gas
Laundry Facilities: Inside
Laundry Features: Inside
Dining Room Description: 1
Kitchen Features: Tile Counters
Fireplace Features: Living Room
Heating Features: Central
Garage Spaces: 1
Garage Description: Offsite, Private, Driveway, Porte-Cochere, Private Garage
Parking Total: 3
Covered Parking: Yes
Patio Features: Enclosed, Patio Open
Lot Size Acres: 0.1261708
Lot Size Source: Assessor
Lot Size Square Feet: 5496
Gross Income: 78132
Number of Units Leased: 2
Tenant Pays: Electric, Gas
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1.5, 1 SquareFeet: 4200, 2 BedsTotal: 2, 2 BathsTotal: 1.5, 2 SquareFeet: 4000
Partial Copper Plumbing
Sprinkler System
Source Listing Status: Active Under Contract
County: Los Angeles
Cap Rate: 3.97
Directions: On Crescent Heights / South of Olympic / South of Whitworth dr/ North of Packard St.
Source Property Type: Residential Income
Area: Beverly Center-Miracle Mile
Source Neighborhood: Beverly Center-Miracle Mile
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Owner Pays: Gardener, Water
Parcel Number: 5087-017-023
Postal Code Plus 4: 2635
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $195515 + $506908 $702423 | $8528 |
| 2021 | $191682 + $496969 $688651 | $8406 |
| 2020 | $189717 + $491874 $681591 | $8487 |
| 2019 | $185998 + $482230 $668228 | $8156 |
| 2018 | $182351 + $472775 $655126 | $8081 |
| 2017 | $178776 + $463505 $642281 | $7909 |
| 2016 | $175271 + $454417 $629688 | $7701 |
| 2015 | $172639 + $447592 $620231 | $7590 |
| 2014 | $169258 + $438825 $608083 | $7623 |
| 2013 | $168494 + $436842 $605336 | $7617 |
| 2012 | $165191 + $428277 $593468 | $7718 |
| 2010 | $161952 + $419880 $581832 | $7564 |
| 2009 | $161124 + $417733 $578857 | $7283 |
| 2009 | $160742 + $416742 $577484 | $7283 |
| 2008 | $157965 + $409543 $567508 | $6973 |
| 2007 | $154868 + $401513 $556381 | $6736 |
$0
TheMLSCLAW
Listed 2024-06-04
$1770000
TheMLSCLAW
Listed 2024-01-02
$1845000
TheMLSCLAW
Listing removed 2024-01-02
$0
TheMLSCLAW
Price Changed 2023-06-10
$1850000
TheMLSCLAW
Price Changed 2023-04-11
$1875000
TheMLSCLAW
Relisted 2023-01-20
$1900000
TheMLSCLAW
Listing removed 2022-12-27
$0
TheMLSCLAW
Relisted 2022-09-14
$1950000
TheMLSCLAW
Listing removed 2022-08-22
$0
TheMLSCLAW
Listed 2022-08-16
$1950000
TheMLSCLAW
Listing removed 2020-10-22
$3500
TheMLSCLAW
Listed for rent 2020-10-01
$3500
TheMLSCLAW
Listing removed 2018-12-11
$0
TheMLSCLAW
Price Changed for rent 2018-11-28
$3250
TheMLSCLAW
Price Changed for rent 2018-10-27
$3500
TheMLSCLAW
Price Changed for rent 2018-10-13
$3700
TheMLSCLAW
Price Changed for rent 2018-09-24
$4200
TheMLSCLAW
Price Changed for rent 2018-09-15
$4400
TheMLSCLAW
Price Changed for rent 2018-08-27
$4600
TheMLSCLAW
Price Changed for rent 2018-08-07
$4900
TheMLSCLAW
Listed for rent 2018-07-13
$5500
TheMLSCLAW
Sold 1999-12-08
$485000
Public Record
Sold 1989-05-26
$470000
Public Record
Sold 1978-05-12
$125000
Public Record
Year Built: 1933
Builder Name: SPIROS PONTY
Building Exterior Type: Frame, Stucco
Direction Faces: West
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 91
Property Condition: Updated/Remodeled
Roof: Composition, Flat
Levels or Stories: 2
Building Total Stories: 2
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish
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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.