$1,360,000

Estimated payment $8,621/month

Total Views 3,143
8 Beds
4 Baths
2,042 Sq Ft
$666 Price per Sq Ft

About This Home

Welcome to an unparalleled opportunity in the enchanting community of Mid City Heights and west of Adams close to freeway and transportation and conveniently close to freeway access and transportation routes, making it a prime location in the vibrant west side of Los Angeles.
This exquisite Spanish-style duplex is a hidden gem, perfect for savvy investors seeking to craft their own vision or those aiming for lucrative cash flow. With its charming architectural features , including traditional Spanish ceilings, this property exudes character and warmth, capturing the essence of vintage elegance blended with modern sensibilities.
Spanning a generous layout, this remarkable property boasts a total spacious bedrooms and 4 well appointed bathrooms. Freshly painted and meticulously maintained, it includes a separate unit at the rea, offering additional living space or rental potential. The thoughtful design and layout enhance the charm, providing an inviting atmosphere throughout.
A delightful driveway provides ample parking, while the separate quarters in the attic present a unique opportunity for additional living arrangements. Most of rooms are currently rented, establishing a steady cash flow for the discerning investor. This property is a private sale and is subject to court confirmation, adding an exclusive layer to its appeal.
In summary, this Spanish-style duplex is not just a property; it's an investment in a lifestyle, where location, distribution, and well-preserved charm coverage to create an exceptionl living experience. Don't miss your chance to seize this opportunity in a highly sought-after comunity!

Listing Agent

Sonia Moncayo

ROA California Inc. Brokerage Phone: 562-787-1040 License #01736947

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,539

Year Built

  • Built in 1924

Lot Details

  • 7,807 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 2,042 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1005
  • Tax Tract Number 1566
  • Assessor Parcel Number 5062003012
  • $428 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Other Expense $300
  • Water Sewer Expense $1,500
  • Operating Expense $1,800
  • Gross Income $102,000
  • Net Operating Income $79,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,539

Year Built

Built in 1924

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Other Phone Description: 562-7871040
  • Price Per Unit: 680000
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5062003012
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 666.01

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7807.00
  • Lot Size Acres: 0.1792

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 102000.00
  • Gross Scheduled Income: 102000.00
  • Lot Size Area: 7807.0000 Square Feet
  • Net Operating Income: 79200.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 22800.00
  • Other Expense: 300.00
  • Other Expense Description: gas
  • Rent Control: No
  • Total Expenses: 1800.00

Tax Info

  • Tax Census Tract: 2185.00
  • Tax Lot: 1005
  • Tax Tract Number: 1566
  • TaxOtherAnnualAssessmentAmount: 428.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,539 $1,009,800 $805,800 $204,000
2023 $10,385 $830,151 $665,198 $164,953
2022 $9,912 $813,874 $652,155 $161,719
2021 $9,785 $797,917 $639,368 $158,549
2020 $9,883 $789,737 $632,813 $156,924
2019 $9,498 $774,253 $620,405 $153,848
2018 $9,371 $759,073 $608,241 $150,832
2016 $8,958 $729,599 $584,623 $144,976
2015 $8,828 $718,641 $575,842 $142,799
2014 $8,867 $704,565 $564,563 $140,002
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 For Sale $1,360,000 -- $666 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Interfamily Deed Transfer -- Provident Title Company
Grant Deed -- United Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed $500,000 Fidelity National Title Co L
Grant Deed $395,000 Equity Title Company
Interfamily Deed Transfer -- Gateway Title
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $665,000 New Conventional
Previous Owner $520,000 Negative Amortization
Previous Owner $445,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $450,000 Purchase Money Mortgage
Previous Owner $312,000 Purchase Money Mortgage
Previous Owner $261,000 No Value Available
Previous Owner $35,000 Credit Line Revolving
Previous Owner $186,500 Unknown
Previous Owner $155,000 No Value Available
Closed $83,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25002654

California Regional Multiple Listing Service (CRMLS)

APN: 5062-003-012