$1650000 Price Analysis   ♡   Los Angeles, CA 90027 5 bed 3 bath 2676 SqFt ($616/SqFt) 7431SqFt lot. Built 1922 Listed 2024-05-29, Taxes $15904 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present this fantastic duplex in desirable neighborhood at East Hollywood.
Situated at bottom of the Griffith Park and Franklin Hill, between Sunset Blvd a nd Los Feliz Blvd, the property has easy access to the 5 FWY and many local shops , restaurants and famous Hollywood landmarks, like the Griffith Observatry. The 2-story building has two separated units with separate meters and entrances. Upstair unit has a long-term tenant and downstair unit can be owner occupied or be rented to current market value.
There is large backyard with a 2 -car garage which can easily be converted to ADU and with lot of empty space in the backyard, it has potential to add another ADU. (Buyer to verified with the city). This makes the property has huge opportunity to be a 4-unit income generated investment. It is a perfect investment for both owner occupied or investors.The building is well-maintained, as the Seller put a new roof and installed a new water-heater for downstair unit in 2023. With some TLC , this property is a true value-add opportunity for any homeowner or investor.
Presented by Vivian Zhu at
WHZ USA INC.
Property MLS #WS24023468 from CRMLS
Fireplace Features: Living Room
Heating Features: Central
Heating: Yes
Lot Size Acres: 0.1705923
Lot Size Source: Assessor
Lot Size Square Feet: 7431
Parking Total: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1
Rent Control: Yes
County: Los Angeles
Other Expense: 720.00
Source Property Type: Residential Income
Insurance Expense: 2157.00
Area: C30 - Hollywood Hills East
Source Neighborhood: C30 - Hollywood Hills East
New Taxes Expense: 19800.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 5589014043
Postal Code Plus 4: 3908
Trash Expense: 360.00
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $340000 + $1000000 $1340000 | $15904 |
| 2021 | $45272 + $59762 $105034 | $1500 |
| 2020 | $44808 + $59150 $103958 | $1507 |
| 2019 | $43930 + $57991 $101921 | $1458 |
| 2018 | $43069 + $56854 $99923 | $1370 |
| 2017 | $42225 + $55740 $97965 | $1341 |
| 2016 | $41398 + $54648 $96046 | $1276 |
| 2015 | $40777 + $53828 $94605 | $1259 |
| 2014 | $39979 + $52774 $92753 | $1277 |
| 2013 | $39799 + $52536 $92335 | $1277 |
| 2012 | $39019 + $51506 $90525 | $1293 |
| 2010 | $38254 + $50497 $88751 | $1282 |
| 2009 | $38060 + $50240 $88300 | $1237 |
| 2009 | $37969 + $50120 $88089 | $1237 |
| 2008 | $37314 + $49255 $86569 | $1192 |
| 2007 | $36583 + $48290 $84873 | $1140 |
$1650000
CRMLS
Sold 1972-11-17
$47500
Public Record
Sold 1964-10-01
$38500
Public Record
Year Built: 1922
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 102
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Assessor
Electricity Connected
Natural Gas Connected
Water Connected
Water Source: Public
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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.