$1,649,500 Price Analysis   ♡   Los Angeles, CA 90029 7 bed 4 bath 3,400 SqFt ($485/SqFt) 6,113SqFt lot. Built 1921 Listed 2024-06-06, Taxes $15,850 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Charming Single-Family Home with Two separate apartments.
Nestled amidst the tree-lined streets of the prestigious Melrose Hills neighborhood, this exquisite property presents a rare opportunity to own a versatile investment in one of Los Angeles' most sought-after areas. Boasting a charming single-family home paired with two additional apartments. Great for passive income. Stunning Single-Family Residence: Step into a world of elegance and sophistication as you enter the main residence. Featuring 3 bedrooms and 2 bathrooms with a private yard. This home features hardwood floors throughout , modern kitchen with stainless steel appliances, recess lights etc. Both bathrooms have been updated with new vanity / quartz and modern tile with brush steel fixtures . Two Income-Generating Apartments: In addition to the main residence, this property offers two separate apartments, each with 2 bedrooms 1 bath (900sf ) These units are completely remodeled with separate meters for gas and electric . The units also have washer and dryers hookups inside. Plenty of parking for your tenants. These units are ideal for rental income or multi-generational living, these units provide infinite possibilities for investment or personal use. Please do not walk on property or disturb occupants. Shown by appointment only. Prime Location: Situated in the heart of Melrose Hills, residents enjoy unparalleled access to a plethora of amenities, including boutique shops, trendy restaurants and cultural attractions. With easy access to major highways and public transportation, commuting to downtown Los Angeles or beyond is a breeze. Don't miss your chance to own a piece of paradise. Embrace the essence of luxury living combined with lucrative investment potential. Schedule your private showing today and experience the allure of this exceptional property first hand!
May also be sold with 821 N Harvard listed at $1, 949, 500. Please do not walk on property nor disturb tennts.
Presented by Scott Pinkerton at
CENTURY 21 Peak.
Property MLS #SR24115558 from CRMLS
Lot Size Acres: 0.1403352
Lot Size Source: Assessor
Lot Size Square Feet: 6113
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
County: Los Angeles
Cap Rate: 5.40
Source Property Type: Residential Income
Area: C20 - Hollywood
Source Neighborhood: C20 - Hollywood
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Parcel Number: 5535031006
Postal Code Plus 4: 3315
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $275,892 + $1,058,428 $1,334,320 | $15,850 |
| 2021 | $270,483 + $1,037,675 $1,308,158 | $15,655 |
| 2020 | $267,710 + $1,027,035 $1,294,745 | $15,815 |
| 2019 | $262,461 + $1,006,898 $1,269,359 | $15,181 |
| 2018 | $257,315 + $987,155 $1,244,470 | $15,072 |
| 2017 | $129,540 + $518,160 $647,700 | $7,880 |
| 2016 | $127,000 + $508,000 $635,000 | $7,700 |
| 2015 | $145,494 + $204,922 $350,416 | $4,391 |
| 2014 | $142,644 + $200,908 $343,552 | $4,413 |
| 2013 | $142,000 + $200,000 $342,000 | $4,335 |
| 2012 | $54,741 + $71,934 $126,675 | $1,664 |
| 2010 | $53,668 + $70,524 $124,192 | $1,689 |
| 2009 | $53,394 + $70,164 $123,558 | $1,575 |
| 2009 | $53,267 + $69,997 $123,264 | $1,575 |
| 2008 | $52,348 + $68,789 $121,137 | $1,511 |
| 2007 | $51,322 + $67,441 $118,763 | $1,457 |
$1,649,500
CRMLS
Listing removed 2021-04-30
$0
Avail
Listed for rent 2021-04-08
$3,690
Avail
Sold 2015-11-17
$635,000
CRISNET
Sold 2015-07-29
$635,000
Public Record
Listed 2015-05-21
$629,999
CRISNET
Sold 2012-10-24
$342,000
CRISNET
Listed 2012-07-24
$349,900
CRISNET
Sold 1978-07-14
$67,000
Public Record
Year Built: 1921
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: front
Property Age: 103
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
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.