$499,999 Price Analysis   ♡   Los Angeles, CA 90044 Unknown bed None bath 1,420 SqFt ($352/SqFt) 5,571SqFt lot. Built 1932 Listed 2024-04-15, Taxes $4,757 | Ⓧ USDA Ineligible due to location near Westmont |
Live Auction!
* No Longer For Sale *
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Bidding to start from $499, 999. Welcome to this fantastic duplex nestled on an R3 zoned high-density corner lot in the heart of Los Angeles. Boasting a prime location and ample potential, this property offers an ideal opportunity for investors and homeowners alike. Situated on a sizeable lot with R3 zoning, this property allows for high-density development possibilities, with the existing structure set further back towards the lot line, providing a substantial buildable area (Zoning and lot size verification available on Zimas). The property comprises two distinct units. The downstairs unit, currently vacant, features a 2 bedroom, 1 bathroom layout awaiting renovation, while the upstairs unit offers a comfortable 2 bedroom, 1 bath configuration with charming Spanish-style coved ceilings, tile bathrooms and a private front patio.
While the upstairs unit presents itself in livable condition, showcasing its unique architectural details, the downstairs unit offers a renovation opportunity, ready to be transformed according to your vision. With the downstairs unit delivered vacant, renovations could begin immediately. Whether you're seeking a savvy investment opportunity or a place to call home with rental income potential, this duplex offer s the best of both worlds. Take advantage of the thriving Los Angeles rental market or explore development possibilities to maximize returns. Locted in a desirable Los Angeles neighborhood, residents enjoy easy access to local amenities, dining, shopping, entertainment and transportation options, making it an attractive destination for tenants and homeowners alike. Don't miss out on this rare opportunity to own a piece of prime Los Angeles real estate with infinite potential.
Presented by Thomas Edward Ahola at
Harcourts Prime Properties.
Property MLS #OC24055385 from CRMLS
Heating Features: Fireplace(s)
Heating: Yes
Lot Size Acres: 0.1278926
Lot Size Source: Assessor
Lot Size Square Feet: 5571
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1400.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 6088001023
Postal Code Plus 4: 4111
Trash Expense: 600.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $128,600 + $244,128 $372,728 | $4,757 |
| 2021 | $70,795 + $117,997 $188,792 | $2,535 |
| 2020 | $70,070 + $116,788 $186,858 | $2,555 |
| 2019 | $68,697 + $114,499 $183,196 | $2,466 |
| 2018 | $67,350 + $112,254 $179,604 | $2,370 |
| 2017 | $66,030 + $110,053 $176,083 | $2,323 |
| 2016 | $64,736 + $107,896 $172,632 | $2,259 |
| 2015 | $63,764 + $106,276 $170,040 | $2,228 |
| 2014 | $62,515 + $104,195 $166,710 | $2,249 |
| 2013 | $62,233 + $103,725 $165,958 | $2,243 |
| 2012 | $61,013 + $101,692 $162,705 | $2,269 |
| 2010 | $59,817 + $99,699 $159,516 | $2,234 |
| 2009 | $59,512 + $99,190 $158,702 | $2,154 |
| 2009 | $59,370 + $98,954 $158,324 | $2,154 |
| 2008 | $58,346 + $97,246 $155,592 | $2,071 |
| 2007 | $57,202 + $95,340 $152,542 | $2,003 |
$600,000
CRMLS
Listed 2024-04-15
$499,999
CRMLS
Sold 1992-12-07
$136,000
Public Record
Sold 1991-06-17
$86,500
Public Record
Year Built: 1932
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 2
Entry Location: Ground
Property Age: 92
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1200.00
Water Source: Public
Map directions Map directions Map directions Map directionsThe 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.