$1,119,000 Price Analysis   ♡   View Park, CA 90008 5 bed 3 bath 2,390 SqFt ($468/SqFt) 6,952SqFt lot. Built 1936 Listed 2024-04-03, Taxes $12,377 | Ⓧ USDA Ineligible due to price & location near View Park |
Location
* No Longer For Sale *
Your browser will attempt to redirect you to the city level in a few seconds.
Location, location. This is a major value add or owner occupy opportunity in this Spanish style duplex, two separate units w no common wall and its own private yard in the historical View Park neighborhood. Whether owner occupied, short term or long terms hold investors this incredible value opportunity is right here. this is a dream scenario for owner occupiers. Obtain a lower rate via residential financing, live in a gorgeous home and have the other tenant contribute to the mortgage: the most economical way to live in LA! Plus, with potential to add an ADU. For owner users to enhance their investment, the owner, their parents or children plan to reside in the larger downstairs unit for a two-year period, they can take possession of the unit. This can be accomplished by providing the tenant with a 60-day notice and paying a relocation fee of $18, 971.00.
Once the two-year residency requirement is met, the owner has the option to release the unit at the market rent to a third party, which would result in an increase in overall value and also have an opportunity to update units and maximize return value on rent. If you are an investor looking for a strong return & major appreciation potential, this property checks that box as well surrounded by multimillion dollar homes with a new list 5 doors down for 2m showing what can be done in premier neighborhood. The units have maintained all of its Spanish character. They boa st roomy floor plans, plentiful windows letting in ample natural lighting, hardwood flooring, original arches, breakfast nooks, service rea with their own washer and dryer hook ups and access to their own private backyards. A new roof and new sewer line was put in a year ago. Between the ideal central location and the unbeatable curb appeal, this property is your chance to own a stable asset in LA that we predict will increase in value year after year.
Presented by James Hill at
Universal Asset Mngmt & Inv.
Property MLS #24-373793 from TheMLSCLAW
Bedroom 1 Features: Main Floor Bedroom
Full Bathrooms: 3
Bathroom 1 Features: Shower and Tub, Shower Stall, Shower Over Tub, Tile
Detached/No Common Walls
Plaster Walls
Furnished
Flooring: Mixed, Hardwood, Laminate, Vinyl Tile, Wood Laminate, Wood, Ceramic Tile
Window Features: Screens, Custom Window Covering
Oven-Gas
Microwave
Gas
Range
Laundry Facilities: Laundry Area, Inside, In Unit
Laundry Features: Laundry Area, Inside, In Unit
Counter Top
Galley Kitchen
Tile Counters
Dining Room Description: 1
Kitchen Features: Ceramic Counters, Counter Top, Galley Kitchen, Tile Counters
Heating Features: Wall, Fireplace, Wood, Wall Gas
Garage Spaces: 2
Garage Description: Detached, Driveway, Covered Parking, Garage - 2 Car, Driveway - Concrete
Parking Total: 2
Patio Features: Porch, Porch - Front, Covered Porch, Slab, Concrete Slab
Lot Size Acres: 0.159596
Lot Size Dimensions: 50x140
Lot Size Source: Assessor
Lot Size Square Feet: 6952
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1.5, 1 SquareFeet: 3850, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2500
Map directions Map directions Map directions Map directionsService Entrance
Source Listing Status: Sold
County: Los Angeles
Cross Street: Victoria Avenue and Homeland Drive
Directions: North of Angeles Vista, South of Stocker
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Owner Pays: Water
Parcel Number: 5024-004-010
Postal Code Plus 4: 4413
Property Location: City, Corner Lot
Zoning: LCR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $96,900 + $873,120 $970,020 | $12,377 |
| 2021 | $38,929 + $47,984 $86,913 | $2,217 |
| 2020 | $38,530 + $47,492 $86,022 | $2,221 |
| 2019 | $37,775 + $46,561 $84,336 | $2,172 |
| 2018 | $37,035 + $45,649 $82,684 | $2,066 |
| 2017 | $36,309 + $44,754 $81,063 | $2,039 |
| 2016 | $35,598 + $43,877 $79,475 | $1,975 |
| 2015 | $35,064 + $43,218 $78,282 | $1,953 |
| 2014 | $34,378 + $42,372 $76,750 | $1,963 |
| 2013 | $34,223 + $42,181 $76,404 | $1,941 |
| 2012 | $33,552 + $41,354 $74,906 | $1,939 |
| 2010 | $32,895 + $40,544 $73,439 | $1,894 |
| 2009 | $32,728 + $40,337 $73,065 | $1,831 |
| 2009 | $32,650 + $40,241 $72,891 | $1,831 |
| 2008 | $32,087 + $39,547 $71,634 | $1,773 |
| 2007 | $31,458 + $38,772 $70,230 | $1,710 |
$1,100,000
TheMLSCLAW
Relisted 2024-05-06
$1,119,000
TheMLSCLAW
Listing removed 2024-05-01
$0
TheMLSCLAW
Listed 2024-04-03
$1,119,000
TheMLSCLAW
Sold 2022-10-06
$920,000
TheMLSCLAW
Sold 1968-10-28
$37,000
Public Record
Year Built: 1936
Building Exterior Type: Hard Coat Stucco, Plaster, Stucco
Common Walls: Detached/No Common Walls
Entry Location: Foyer
Foundation Details: Raised
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 88
Property Condition: No Additions/Alter, Repair Cosmetic
Roof: Clay, Flat, Spanish Tile
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish
Television: Cable TV
Security Features: Smoke Detector, Exterior Security Lights, Carbon Monoxide Detector(s)
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.