$695,000 Price Analysis   ♡   Los Angeles, CA 90044 5 bed 2 bath 1,963 SqFt ($354/SqFt) 6,001SqFt lot. Built 1921 Listed 2024-04-29, Taxes $3,756 | Ⓧ USDA Ineligible due to location near Los Angeles |
Introducing a remarkable investment opportunity!
* Has Contingent Offer *This meticulously maintained duplex features two open 3-bedroom, 2-bathroom units, providing versatile living spaces for residents. Nestled within a gated property, the front and back units share one common wall, ensuring privacy and tranquility for both occupants. The front yard is exclusively dedicated to the front house, while ample parking is available at the back, enhancing convenience for residents. The back unit, constructed in 2005, boasts modern amenities such as new wood-like vinyl floors, a separate kitchen and ample closet space.
Meanwhile, the front unit offers an open floor plan, covered front and back porches and laundry hookups. Whether you're seeking to generate rental income or live in one unit while renting out the other, this duplex presents infinite possibilities for financial growth and investment. Zoned R3, there's potential for further development, including the option to build multi-unit structurs. This presents a compelling opportunity for investors looking to maximize their returns and expand their portfolio in a thriving rental market. Located in a desirable area with strong rental demand, this property promises lucrative returns. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.
Presented by Anna Kadinowa at
Christie's AKG.
Property MLS #24-377244 from TheMLSCLAW
Full Bathrooms: 2
Lot Size Dimensions: 40x150
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6001
Parking Total: 2
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 3700, 2 BedsTotal: 3, 2 BathsTotal: 2, 2 SquareFeet: 3700
County: Los Angeles
Cap Rate: 7.7
Directions: Google Maps
Source Property Type: Residential Income
Area: Metropolitan Southwest
Source Neighborhood: Metropolitan Southwest
Parcel Number: 6032-022-006
Postal Code Plus 4: 5811
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $58,017 + $232,078 $290,095 | $3,756 |
| 2021 | $56,880 + $227,528 $284,408 | $3,699 |
| 2020 | $56,297 + $225,195 $281,492 | $3,732 |
| 2019 | $55,194 + $220,780 $275,974 | $3,595 |
| 2018 | $54,112 + $216,451 $270,563 | $3,482 |
| 2017 | $53,051 + $212,207 $265,258 | $3,411 |
| 2016 | $52,011 + $208,047 $260,058 | $3,316 |
| 2015 | $51,230 + $204,922 $256,152 | $3,270 |
| 2014 | $50,227 + $200,908 $251,135 | $3,295 |
| 2013 | $178,689 + $104,739 $283,428 | $3,699 |
| 2012 | $175,186 + $102,686 $277,872 | $3,748 |
| 2010 | $171,751 + $100,673 $272,424 | $3,681 |
| 2009 | $170,873 + $100,159 $271,032 | $3,532 |
| 2009 | $170,468 + $99,921 $270,389 | $3,532 |
| 2008 | $167,523 + $98,196 $265,719 | $3,386 |
| 2007 | $164,239 + $96,271 $260,510 | $3,271 |
$695,000
TheMLSCLAW
Sold 2013-06-26
$250,000
ITECH
Listed 2013-03-18
$252,200
ITECH
Listing removed 2008-09-29
$120,000
ITECH
Sold 2000-12-22
$107,000
Public Record
Listing removed 2000-07-17
$105,000
ITECH
Listed 2000-02-16
$105,000
ITECH
Listed 1999-09-15
$120,000
ITECH
Sold 1977-08-30
$29,000
Public Record
Year Built: 1921
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 103
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced
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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.