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$1,375,000   Price Analysis
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1132 N Avenue 56
Highland Park, CA 90042
6 bed 4 bath 3,191 SqFt ($430/SqFt)
6,309SqFt lot. Built 1923
Listed 2024-06-14, Taxes $11,334
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Located in one of LA's terrific up and coming enclaves

Highland Park offers an eclectic mix of restaurants, stores and services along York Avenue and Figueroa Street. From noodles to donuts, a extraordinary meal awaits! Commuters will beat the traffic with the Highland Park Station a 4 minute drive or 16 minute walk away. This attractive Triplex offers the best of both worlds. The front original duplex offers two identical floorplans with a downstairs and upstairs unit. Each unit has a covered front balcony, vast living room, spacious dining room, 2 spacious bedroom s and a separate laundry/utility room as well. They feature the Spanish architecture style of plaster walls, lght sconces and archway transitions including hardwood floors.

These units have 1 bathroom with art deco tile colors and styles. The back unit is new construction built approximately 5 years ago. This individual freestanding home includes upgraded modern appliances and finishes and features 2 full bathrooms and 2 spacious bedrooms, an open floorplan with a high ceiling with sky light, kitchen island, large built in curio cabinet, modern wood floors, enclosed laundry and custom interior doors. It also has a small backyard area and access to a raised composite deck. Each unit has an enclosed single car garage with electric opener and the back home also has its' own parking space. THE BACK HOME WILL BE DELIVERED AVAILABLE creating the opportunity for market rent. TREAT THIS AS AN ADU Use the back home as an owner user with income from the other 2 rentals.


Presented by Richard Kato at
KELLER WILLIAMS REALTY.


Property MLS #IG24121272 from CRMLS

Bedrooms: 6

Appliances: Gas Range, Gas Cooktop
Appliances YN: Yes
Laundry Features: Dryer Included, Individual Room, Inside, Washer Included

Cooling Features: Central Air, Wall/Window Unit(s)
Heating Features: Central, Floor Furnace, Wall Furnace
Heating: Yes

Full Bathrooms: 4

Lot Description: Landscaped
Lot Size Acres: 0.1448347
Lot Size Source: Assessor
Lot Size Square Feet: 6309

Garage Spaces: 3
Parking Total: 3

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Number of Units Leased: 3
Rent Control: Yes

Community Features: Sidewalks, Urban

Source Listing Status: Active
County: Los Angeles
Other Expense: 2400.00
Source Property Type: Residential Income
Insurance Expense: 4000.00
Area: 632 - Highland Park
Source Neighborhood: 632 - Highland Park
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 5478026011
Postal Code Plus 4: 1828
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$257,696 + $674,414
$932,110
$11,334
2020$255,054 + $667,499
$922,553
$11,446
2019$243,744 + $654,411
$898,155
$75
2018$214,200 + $641,580
$855,780
$10,525
2017$210,000 + $629,000
$839,000
$10,295
2016$282,940 + $452,706
$735,646
$9,006
2015$278,690 + $445,906
$724,596
$8,876
2014$216,600 + $360,900
$577,500
$7,298
2013$180,000 + $300,000
$480,000
$6,137
2012$180,000 + $300,000
$480,000
$6,339
2010$180,000 + $300,000
$480,000
$8,846
2009$260,100 + $416,160
$676,260
$8,524
2009$259,483 + $415,173
$674,656
$8,524
2008$255,000 + $408,000
$663,000
$8,159
2007$250,000 + $400,000
$650,000
$7,883

Listed 2024-06-14
$1,375,000
CRMLS
Listing removed 2021-09-01
$0
TheMLSCLAW
Listed 2021-08-02
$1,425,000
TheMLSCLAW
Sold 2016-12-02
$839,000
CRISNET
Sold 2016-10-20
$839,000
Public Record
Listed 2016-08-26
$839,000
CRISNET
Listing removed 2016-02-05
$824,000
TheMLSCLAW
Listed 2015-11-06
$824,000
TheMLSCLAW

Net Operating Income: 43790.00

Total Square Feet Living: 3191
Year Built: 1923
Building Features: 3
Common Walls: End Unit, No Common Walls
Entry Level: 1
Entry Location: street
Property Age: 101
Building Total Stories: 2
Structure Type: Triplex

Sewer: Sewer: Public Sewer
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Yorkdale Elementary School is a public elementary school located approximately 0.1 miles away.
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Benjamin Franklin Senior High School is a public middle and high school located approximately 0.3 miles away.
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St. Ignatius Of Loyola Elementary School is a private elementary and middle school located approximately 0.5 miles away.
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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.