$720,000 Price Analysis   ♡   Los Angeles, CA 90043 2 bed 2 bath 1,836 SqFt ($392/SqFt) 6,509SqFt lot. Built 1924 Listed 2024-06-19, Taxes $2,526 | Ⓧ USDA Ineligible due to location near Los Angeles |
$30, 000 price improvement.
Way below market. Spanish style bungalow duplex, adjacent to the famous Leimert Park with ONE UNIT (Unit 4422) COMPLETELY VACANT AND REMODELED and currently used as an Air B and B!!!! Perfect opportunity to live in one unit and collect rents from the second unit. The vacant unit (4422) is newly renovated with coved ceiling and an arched entryway. Improvements include luxury vinyl plank, new paint, upgraded plumbing and electrical. The kitchen has been modernized with quartz counters, recessed lighting, soft close cabinets and stainless steel appliances.
The bedroom has an extended closet area along with the brand new bathroom that includes charming tile floors and a resort-like roomy glassed enclosed shower. Both units include in-unit laundry. Unit (4424) has a long-term, reliable tennt. (Let's talk about this.) The possibilities are endless. The lot is large enough t o possibly add second bedrooms. A 2-car garage (fantastic for storage as well) is located in the backyard area with a long driveway. Rents shown are projected from Section 8 payment standards for 1 bedrooms. This is a solid investment!
Presented by Soraya Powell at
Vylla Home, Inc.
Property MLS #24-405045 from TheMLSCLAW
Full Bathrooms: 2
Laundry Facilities: In Closet
Laundry Features: In Closet
Kitchen Features: Quartz Counters
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6509
Parking Total: 7
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2407, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2407
County: Los Angeles
Directions: North of 48th Street, South of Vernon Ave, East of 4th Ave, and West of 2nd Avenue
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Owner Pays: Gardener, Water
Parcel Number: 5015-036-018
Postal Code Plus 4: 1410
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $99,647 + $92,487 $192,134 | $2,526 |
| 2021 | $97,694 + $90,674 $188,368 | $2,482 |
| 2020 | $96,693 + $89,745 $186,438 | $2,502 |
| 2019 | $94,798 + $87,986 $182,784 | $2,413 |
| 2018 | $92,940 + $86,261 $179,201 | $2,313 |
| 2017 | $91,118 + $84,570 $175,688 | $2,267 |
| 2016 | $89,332 + $82,912 $172,244 | $2,196 |
| 2015 | $87,991 + $81,667 $169,658 | $2,165 |
| 2014 | $86,268 + $80,068 $166,336 | $2,187 |
| 2013 | $85,879 + $79,707 $165,586 | $2,180 |
| 2012 | $84,196 + $78,145 $162,341 | $2,207 |
| 2010 | $82,546 + $76,613 $159,159 | $2,174 |
| 2009 | $82,125 + $76,222 $158,347 | $2,093 |
| 2009 | $81,930 + $76,041 $157,971 | $2,093 |
| 2008 | $80,515 + $74,728 $155,243 | $2,010 |
| 2007 | $78,937 + $73,263 $152,200 | $1,940 |
$720,000
TheMLSCLAW
Listed 2024-06-19
$750,000
TheMLSCLAW
Listing removed 2023-09-26
$0
CRMLS
Listing removed 2023-07-07
$0
Avail
Listed for rent 2023-07-06
$1,800
Avail
Listed 2023-07-01
$849,000
CRMLS
Sold 2022-05-09
$700,000
CRMLS
Sold 1989-05-08
$100,000
Public Record
Year Built: 1924
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 100
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish
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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.