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$799,999   Price Analysis
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216 E Avenue 39
Los Angeles, CA 90031
4 bed 3 bath 2,274 SqFt ($351/SqFt)
7,500SqFt lot. Built 1921
Listed 2024-06-24, Taxes $2,425
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Located in the Highly Sought -after Cypress Park neighborhood these 2 Large separate houses sit on a large lot of 7500 providing privacy and space for each household .

* Sale Pending *

Rear Residence (216 E. avenue ) is a 2 bedroom with Bonus room and Family room , 2 bathroom with a Detached 1 Car Garage. This residence is in move in condition , features a master bedroom , laundry hook ups, covered patio and a good size back yard. Front House (2 18 E. Avenue ) will be delivered VACANT and consist of a open 2 Bedroom 1 bathroom with a 2 car garage features hardwood floors throughout , large windows making it bright with natural light , front and back yard , dog run and inside laundry hooks. Property is a Diamond in the rough , perfect for an Owner-user looking to build sweat equity fast and r the seasoned investor looking for a High rental yield . This property represents a significant value-add and equity opportunity . Hurry !

Prime location in the vibrant heart of northeast LA, approximately 10 min. away from Downtown La , Pasadena , Highland park , restaurants , bars , easy access to the metro and the 110 freeway . Front will be delivered Vacant.


Presented by Josephine San Lucas at
COLDWELL BANKER EXCLUSIVE.
Listing Agent Photo

Property MLS #MB24117841 from CRMLS

Bedrooms: 4

Bonus Room, Family Room, Game Room, Living Room, Primary Bedroom, Separate Family Room, Workshop

Full Bathrooms: 3

Heating Features: Combination, Wall Furnace
Heating: Yes

Fencing: Fence YN: Yes, Fencing: Average Condition, Chain Link, Wood
Other Structures: Two On A Lot

Lot Description: Back Yard, Lot 6500-9999, Yard
Lot Size Acres: 0.1721763
Lot Size Source: Assessor
Lot Size Square Feet: 7500

Garage Spaces: 3
Parking Features: Parking YN: Yes, Parking Features: Driveway, Driveway - Combination, Garage, Garage - Single Door, Garage - Two Door, Workshop in Garage
Parking Total: 3

View: Hills

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2
Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Curbs, Park, Sidewalks, Street Lights

Source Listing Status: Pending
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1500.00
Area: CYPK - Cypress Park
Source Neighborhood: CYPK - Cypress Park
New Taxes Expense: 9599.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 5451003005
Postal Code Plus 4: 1511
Trash Expense: 1280.20
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$90,790 + $78,657
$169,447
$2,425
2020$89,860 + $77,851
$167,711
$2,443
2019$88,099 + $76,325
$164,424
$2,361
2018$86,372 + $74,829
$161,201
$2,218
2017$84,679 + $73,362
$158,041
$2,171
2016$83,019 + $71,924
$154,943
$2,098
2015$81,772 + $70,844
$152,616
$2,071
2014$80,171 + $69,457
$149,628
$2,092
2013$79,809 + $69,144
$148,953
$2,092
2012$78,245 + $67,789
$146,034
$2,119
2010$76,711 + $66,460
$143,171
$2,088
2009$76,319 + $66,121
$142,440
$2,015
2009$76,138 + $65,964
$142,102
$2,015
2008$74,823 + $64,825
$139,648
$1,939
2007$73,356 + $63,554
$136,910
$1,868

Listed 2024-06-24
$799,999
CRMLS
Sold 1978-10-31
$81,000
Public Record

Net Operating Income: 46593.00

Total Square Feet Living: 2274
Year Built: 1921
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 103
Property Condition: Additions/Alterations, Repairs Cosmetic
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Parking

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1280.20
Water Source: Public

Latona Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
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Florence Nightingale Middle School is a public middle school located approximately 0.6 miles away.
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Benjamin Franklin Senior High School is a public middle and high school located approximately 1.9 miles away.
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Sycamore Grove School is a private elementary and middle school located approximately 1 miles away.
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Click Thumbnail Images To View Full Size
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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.