$899,000 Price Analysis   ♡   Los Angeles, CA 90016 3 bed 2 bath 1,412 SqFt ($636/SqFt) 5,004SqFt lot. Built 1940 Listed 2023-09-07, Taxes $805 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Price Adjusted BOM.
Charming Mid City duplex featuring a 2 bedroom 1 bath front unit and a 1 bedroom 1 bath rear unit. Both units have had numerous updates over the past several years; updated Kitchens w/ granite counter tops; tile flooring in both bathrooms, freshly painted and more! This property is in a prime location, minutes from the light rail, major developments in Culver City and other planned developments in the general area and on the same street as subject. It is situated on a R2 lot and has tons of upside. The Site is Zoned for Tier 3 TOC providing developers with a density bonus and additional incentives for new construction multi-family development.
Long time owners, hence rents are low, however the right buyer with a little patience this jewel will yield a good investment opportunity for investors or owner user. This is a Trust Sale and is being sold in its as is present condition with tenants remaining at COE. Buyer to do their due diligence to satisfy themselves of all aspects of the property. Tax rolls shows 2 bedrooms 2 bath, however the front unit is much larger and is a legitimate 2 bedroom 1 bathroom, dining area and service porch. Centrally located and close to major freeways, transportation hubs, eateries and entertainment venues. This is a winner fr an investor developer. Drive by, but please do not disturb tenants. Offer subject to interior inspection. Submit all offers.
Presented by TED BRASS, DreamMaker at
Ted Brass Real Estate Solution.
Property MLS #23-307831 from TheMLSCLAW
Full Bathrooms: 2
Laundry Features: Laundry Area
Heating Features: Natural Gas, Wall, Floor Furnace
Garage Spaces: 2
Garage Description: Detached, Garage - 2 Car
Parking Total: 2
Patio Features: Patio Open
Lot Size Source: Assessor
Lot Size Square Feet: 5004
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2600, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1800
County: Los Angeles
Directions: North of Washington Blvd. East of Farifax Ave.
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Owner Pays: Water
Parcel Number: 5064-025-030
Postal Code Plus 4: 1034
Zoning: LARD2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $18,911 + $24,920 $43,831 | $805 |
| 2021 | $18,541 + $24,432 $42,973 | $785 |
| 2020 | $18,351 + $24,182 $42,533 | $789 |
| 2019 | $17,992 + $23,708 $41,700 | $768 |
| 2018 | $17,640 + $23,244 $40,884 | $701 |
| 2017 | $17,295 + $22,789 $40,084 | $690 |
| 2016 | $16,956 + $22,343 $39,299 | $659 |
| 2015 | $16,702 + $22,008 $38,710 | $652 |
| 2014 | $16,375 + $21,577 $37,952 | $671 |
| 2013 | $16,301 + $21,480 $37,781 | $665 |
| 2012 | $15,982 + $21,059 $37,041 | $673 |
| 2010 | $15,669 + $20,647 $36,316 | $676 |
| 2009 | $15,589 + $20,542 $36,131 | $649 |
| 2009 | $15,552 + $20,493 $36,045 | $649 |
| 2008 | $15,284 + $20,140 $35,424 | $630 |
| 2007 | $14,985 + $19,746 $34,731 | $607 |
$899,000
TheMLSCLAW
Listed 2023-09-07
$969,900
TheMLSCLAW
Year Built: 1940
Building Exterior Type: Stucco
Common Walls: Attached
Levels: One Level
Living Area Source: Assessor
Property Age: 84
Levels or Stories: 1
Building Total Stories: 1
House Style: Cottage
Year Built Source: Assessor
Architectural Style: Cottage
Security Features: Smoke Detector, Carbon Monoxide Detector(s)
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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.