$1,299,000 Price Analysis   ♡   Los Angeles, CA 90042 4 bed 4 bath 2,621 SqFt ($495/SqFt) 7,314SqFt lot. Built 1905 Listed 2024-05-07, Taxes $2,532 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This prime Highland Park 4-unit Quadruplex offers a fantastic value-add opportunity.
ATTENTION DEVELOPERS POSSIBLE TO BUILD MORE UNITS OR ADD ADU and Jr-ADU. Please check with the City of Los Angeles Building and Planning Department for more information. The property sits on a sizeable lot (LARD1.5 zoning) and features two structures. The main structure is comprised of pretty four units - 1 bed and 1 bath each. The main structure also has a large basement.
The second structure is the carport and a detached garage with ample parking and storage space. The property is located north of Figueroa on a nice street near the 110 Freeway. It is close to hotspots on Figueroa as well as nearby parks, the Metro Gold line close to DTLA, South Pasadena, all the restaurants, bars, coffee shops, nightlife and urban lifestyle that Highland Park offers and so much more. The median single-family home price in Highlnd Park is now over one mi llion dollars, making this 4-unit extremely popular property.
Presented by Grigor G Mkrtchyan at
Markarian Realty.
Property MLS #GD24090038 from CRMLS
Heating: Yes
Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Assigned, Detached Carport
Parking Total: 5
Road Frontage Type: City Street
Lot Size Acres: 0.1679063
Lot Size Source: Assessor
Lot Size Square Feet: 7314
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Gardener Expense: 720.00
Maintenance Expense: 1300.00
Rent Control: Yes
County: Los Angeles
Other Expense: 2701.70
Source Property Type: Residential Income
Insurance Expense: 1600.00
Area: 632 - Highland Park
Source Neighborhood: 632 - Highland Park
New Taxes Expense: 16863.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5484036028
Pest Control Expense: 500.00
Postal Code Plus 4: 3432
Trash Expense: 700.00
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $50,596 + $109,614 $160,210 | $2,532 |
| 2020 | $50,078 + $108,491 $158,569 | $2,544 |
| 2019 | $49,097 + $106,364 $155,461 | $2,461 |
| 2018 | $48,135 + $104,279 $152,414 | $2,368 |
| 2017 | $47,192 + $102,235 $149,427 | $2,318 |
| 2016 | $46,267 + $100,231 $146,498 | $2,239 |
| 2015 | $45,573 + $98,726 $144,299 | $2,211 |
| 2014 | $44,681 + $96,793 $141,474 | $2,243 |
| 2013 | $44,480 + $96,356 $140,836 | $2,241 |
| 2012 | $43,608 + $94,467 $138,075 | $2,264 |
| 2010 | $42,753 + $92,615 $135,368 | $2,230 |
| 2009 | $42,535 + $92,142 $134,677 | $2,160 |
| 2009 | $42,434 + $91,923 $134,357 | $2,160 |
| 2008 | $41,701 + $90,336 $132,037 | $2,082 |
| 2007 | $40,884 + $88,565 $129,449 | $2,006 |
$1,299,000
CRMLS
Listed 2024-05-07
$1,349,000
CRMLS
Listing removed 2024-04-15
$0
CRMLS
Price Changed 2024-02-07
$1,400,000
CRMLS
Listed 2023-10-13
$1,600,000
CRMLS
Listing removed 2023-09-02
$0
CRMLS
Listing removed 2023-09-02
$0
CRMLS
Listed 2023-03-02
$1,600,000
CRMLS
Listed 2023-03-01
$1,600,000
CRMLS
Listing removed 2022-10-31
$0
CRMLS
Price Changed 2022-06-08
$1,600,000
CRMLS
Listed 2022-04-29
$1,800,000
CRMLS
Listing removed 2022-04-29
$0
CRMLS
Listed 2022-04-26
$1,800,000
CRMLS
Year Built: 1905
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Living room
Foundation Details: Raised
Property Age: 119
Property Attached: Yes
Property Condition: Additions/Alterations
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records
Sewer: Water Sewer Expense: 3600.00
Electricity Connected
Natural Gas Available
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.