Price Improvement!

Welcome to 130 - 130 1/2 Clarence St, a well-kept exceptional investment opp ortunity in the prime neighborhood of Boyle Heights. Zoned RD3, this property is a short walk to the nearest Metro lght rail station and minutes from DTLA and the Arts District. This duplex consists of two separate detached structures with its own private access and yard spaces.

The front unit is 2 bedroom (currently used as 3 bedroom) and 1 bathroom. The back unit is 2 bedroom 1 bathroom with an attached basement. Easy access to major Freeways 10, 60, 5, 101. The steady demand for rental properties in the area ensures a consistent stream of income, providing a reliable source of cash flow. Property will be delivered with tenants in place.

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on 130 S Clarence St
in Los Angeles, CA
Presented by Allison So at
COMPASS.


Property MLS #24-384885 from TheMLSCLAW

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 4

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

+ Heating and Cooling

Cooling Features: Window Unit(s)
Heating Features: Wall

+ Interior Features

Flooring: Laminate, Hardwood, Tile

+ Waterfront and Water Access

Water Features: Public

+ Exterior and Lot Features

Patio And Porch Features: Porch - Front
Patio Features: Porch - Front

+ Land Info

Lot Description: Fenced, Front Yard
Lot Size Acres: 0.080303
Lot Size Source: Assessor
Lot Size Square Feet: 3498

+ Garage and Parking

Garage Description: Public

+ Home Features

View: City
Other Equipment: Gas Dryer Hookup

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 2
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2554, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 1800

+ Rental Info

Number of Units Leased: 2
Tenant Pays: Gas, Electric

+ Other Property Info

Two On A Lot
Source Listing Status: Active
County: Los Angeles
Directions: Clarence St between 1st and 4th Street
Source Property Type: Residential Income
Area: Boyle Heights
Source Neighborhood: Boyle Heights
Number of Separate Gas Meters: 2
Owner Pays: Water
Parcel Number: 5172-006-042
Postal Code Plus 4: 3304
Zoning: LARD3
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$83,662 + $390,429 $474,091	$5,788
2021	$82,022 + $382,774 $464,796	$5,713
2020	$81,181 + $378,850 $460,031	$5,769
2019	$79,590 + $371,422 $451,012	$5,544
2018	$78,030 + $364,140 $442,170	$5,472
2017	$76,500 + $357,000 $433,500	$5,351
2016	$65,134 + $206,093 $271,227	$3,390
2015	$89,939 + $101,349 $191,288	$2,437
2014	$88,178 + $99,364 $187,542	$2,457
2013	$87,780 + $98,915 $186,695	$2,457
2012	$86,059 + $96,976 $183,035	$2,491
2010	$84,372 + $95,075 $179,447	$2,446
2009	$83,941 + $94,590 $178,531	$2,359
2009	$83,742 + $94,365 $178,107	$2,359
2008	$82,296 + $92,736 $175,032	$2,263
2007	$80,683 + $90,918 $171,601	$2,185

+ Reveal Property Sale History

Price Changed 2024-06-14
$699,000
TheMLSCLAW

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Listed 2024-04-27
$729,000
TheMLSCLAW

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Sold 2016-03-01
$425,000
CRMLS

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Listed 2015-12-15
$435,000
CRMLS

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Sold 1996-03-27
$85,000
Public Record

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Sold 1991-03-15
$115,000
Public Record

+ Commercial Info

Net Operating Income: 31375

+ Building and Construction

Total Square Feet Living: 1499
Year Built: 1923
Building Exterior Type: Stucco
Common Walls: Detached/No Common Walls
Foundation Details: Raised
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 101
House Style: California Bungalow
Year Built Source: Assessor
Architectural Style: California Bungalow

+ Display Complete School Details

Utah Street Elementary School is a public elementary and middle school located approximately 0.2 miles away.
Map directions

Dolores Mission is a private elementary and middle school located approximately 0.1 miles away.
Map directions

Felicitas And Gonzalo Mendez High is a public high school located approximately 0.2 miles away.
Map directions