$1,285,000 Price Analysis   ♡   Los Angeles, CA 90026 2 bed 2 bath 1,332 SqFt ($964/SqFt) 4,587SqFt lot. Built 1922 Listed 2024-05-01, Taxes $10,652 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Fantastic Investor/Developer Opportunity!
Take over two circa 1922 Spanish cottages currently bringing in more than $80, 000 a year or collect income while you make plans to build new. Situated on a charming street with mostly single family homes, this lot s one of the few with the ability to build a duplex, plus more opportunities abound. There are no shared walls, separate private entrances and separate gated yards. Each home has 1 bed and 1 bath, hardwood floors, original built in hutches, buffets and linen closets; tiled bathroom with clawfoot tub and shower; ample closet space; restored kitchens with abundant space; stoves, refrigerators and individual washer and dryers included.
Central heat and air conditioning. Newer roofs, electrical, plumbing and hot water heaters. Former home of rock and roll guitar legend Tom Waits. Steps from hot spots like Mohawk Bend, Brite Spot, Wood, Bar Bandini, Ohana, The Thirsty Crow and all the lo cal haunts. Plenty of parking on street and a shared parking space.
Presented by Areeal Randall at
Beverly Hills.
Property MLS #24-384845 from TheMLSCLAW
Full Bathrooms: 2
Heating Features: Central
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4587
Parking Total: 1
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 3500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 3500
County: Los Angeles
Directions: 101 Fwy, exit Benton Way. North to Sunset, Right on Coronado St., make Left. 1309 and 1311 two on one lot.
Source Property Type: Residential Income
Area: Silver Lake - Echo Park
Source Neighborhood: Silver Lake - Echo Park
Parcel Number: 5424-018-026
Postal Code Plus 4: 2305
Zoning: LAR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $240,600 + $656,186 $896,786 | $10,652 |
| 2021 | $235,883 + $643,320 $879,203 | $10,522 |
| 2020 | $233,465 + $636,724 $870,189 | $10,630 |
| 2019 | $228,888 + $624,240 $853,128 | $10,204 |
| 2018 | $224,400 + $612,000 $836,400 | $10,161 |
| 2017 | $220,000 + $600,000 $820,000 | $9,936 |
| 2016 | $84,067 + $456,393 $540,460 | $6,575 |
| 2015 | $82,805 + $449,538 $532,343 | $6,479 |
| 2014 | $81,183 + $440,733 $521,916 | $6,509 |
| 2013 | $80,817 + $438,742 $519,559 | $6,509 |
| 2012 | $79,233 + $430,140 $509,373 | $6,597 |
| 2010 | $77,680 + $421,706 $499,386 | $6,451 |
| 2009 | $77,284 + $419,550 $496,834 | $6,217 |
| 2009 | $77,100 + $418,555 $495,655 | $6,217 |
| 2008 | $75,769 + $411,324 $487,093 | $5,949 |
| 2007 | $74,284 + $403,259 $477,543 | $5,753 |
$1,285,000
TheMLSCLAW
Sold 2016-10-24
$820,000
Public Record
Listing removed 2016-10-24
$825,000
TheMLSCLAW
Listed 2016-09-18
$825,000
TheMLSCLAW
Sold 2003-09-18
$450,000
Public Record
Sold 2002-11-26
$225,000
Public Record
Year Built: 1922
Common Walls: Detached/No Common Walls
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 102
Property Condition: Tear Down
Levels or Stories: 1
Building Total Stories: 1
House Style: Bungalow
Year Built Source: Vendor Enhanced
Architectural Style: Bungalow
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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.