$1,224,995 Price Analysis   ♡   Los Angeles, CA 90037 8 bed 4 bath 2,407 SqFt ($508/SqFt) 6,529SqFt lot. Built 1916 Listed 2024-05-07, Taxes $4,584 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This motivated seller is willing to help buyers with closing costs.
The property can be both a place for you to live and enjoy AND an produce rental income to help you make the mortgage payment!! This gem has TONS to offer! This stunning property boasts an imprssive 8 bedrooms and 4 bathrooms in total, providing lots of space for your family, loved ones and guests. As you step inside, you'll immediately notice the open floor plan and extra loft / bonus flex space (currently staged as a room), perfect for creating personalized areas for work, play or relaxation. The HUGE front house has 4 beds, 2 baths, a formal dining and living area and LARGE size rooms! The second unit hosts an additional 3 beds and 1 baths with kitchenettes, ensuring both style and functionality for years to come. AND the converted garage has an additional bed, bath and kitchenette. Both units and garage underwent major facelifts. Parking will never be an issue with ample spaces available, making hosting gatherings and accommodating multiple vehicles a breeze. Conveniently located near major highways, this property is ideal for commuters looking for easy access to all parts of the city. Plus, its proximity to USC, sports stadiums, shopping centers and restaurants ensures you'll always be moments away from entertainment and amenities. AND the perks don't stop there!
This garage conversion also comes with approved permits for an ADU (Accessory Dwelling Unit), providing additional rental income potential. PLANS THAT ARE APPROVED BY THE CITY OF LOS ANGELES AND CLEARED BY THE DEPARTMENT OF WATER AND POWER ARE SOLD WITH THE PROPERTY. OR keep that property as is and start getting rental income NOW! Tons of options are available with this property. Don't miss out on the opportunity to make this incredible property your own!
Presented by Jonathan Calderon at
Pillar Realty.
Property MLS #DW24084969 from CRMLS
Bedrooms On Main Level: 7
Full Bathrooms: 4
Bathrooms On Main Level: 4
Heating: Yes
Lot Size Acres: 0.1498852
Lot Size Source: Assessor
Lot Size Square Feet: 6529
Map directions Map directions Map directions Map directionsCounty: Los Angeles
Directions: 40th Pl and Broadway
Source Property Type: Residential
Area: C42 - Downtown L.A.
Property Subtype: townhouse
Source Neighborhood: C42 - Downtown L.A.
Parcel Number: 5111022008
Postal Code Plus 4: 1004
Zoning: LARD2
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $146,841 + $218,628 $365,469 | $4,584 |
| 2021 | $143,962 + $214,342 $358,304 | $4,519 |
| 2020 | $142,486 + $212,145 $354,631 | $2,559 |
| 2019 | $139,693 + $207,986 $347,679 | $4,388 |
| 2018 | $136,954 + $203,908 $340,862 | $4,256 |
| 2017 | $118,545 + $99,827 $218,372 | $2,865 |
| 2016 | $116,221 + $97,870 $214,091 | $2,780 |
| 2015 | $114,476 + $96,400 $210,876 | $2,742 |
| 2014 | $112,234 + $94,512 $206,746 | $2,764 |
| 2013 | $111,727 + $94,085 $205,812 | $2,765 |
| 2012 | $109,537 + $92,241 $201,778 | $2,801 |
| 2010 | $107,390 + $90,433 $197,823 | $2,752 |
| 2009 | $106,842 + $89,972 $196,814 | $2,655 |
| 2009 | $106,588 + $89,758 $196,346 | $2,655 |
| 2008 | $104,748 + $88,208 $192,956 | $2,549 |
| 2007 | $102,695 + $86,479 $189,174 | $2,459 |
$1,224,995
CRMLS
Price Changed 2024-06-14
$1,224,995
CRMLS
Relisted 2024-06-06
$1,249,995
CRMLS
Listing removed 2024-05-25
$0
CRMLS
Listed 2024-05-24
$1,249,995
CRMLS
Listed 2024-05-07
$1,249,995
CRMLS
Sold 2024-03-11
$828,000
TheMLSCLAW
Price Changed 2023-01-05
$1,100,000
TheMLSCLAW
Listing removed 2022-11-04
$0
TheMLSCLAW
Listed 2022-11-02
$989,000
TheMLSCLAW
Price Changed 2022-10-05
$998,000
TheMLSCLAW
Listed 2022-06-25
$1,050,000
TheMLSCLAW
Sold 2002-10-16
$175,000
Public Record
Year Built: 1916
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Living Area Source: Assessor
Property Age: 108
Levels or Stories: One, Two
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Assessor
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.