For more information on this property, contact Bryan Ochse at 818-468-2228 or john@mediawestrealty.com

657 E Vernon Avenue
Los Angeles, California CA 90011-3701
Sold For: $495,000
Listing ID BB23007196
Status Closed
Sold Date 5/05/2023
Price/SqFt $312.11
SqFt 1,586
Acres 0.108
Year Built 1911

Property Description:

Investment opportunity in South Los Angeles! This Duplex with a 3 bedroom, 2 bath and 1 bedroom, 1 bathroom, near schools, parks, restaurants, and shopping centers plus easy access to the 105 and 110 freeways. Located in a diverse community that champions economic viability for all, this property would make a perfect addition, or start, to your rental portfolio. Do not miss this fantastic opportunity!

Primary Features

County: Los Angeles
Price Before Reduction: 549000
Price Reduction Date: 2023-03-21T19:10:50+00:00
Price/SqFt: 312.11
Property Sub Type: Duplex
Property Type: Residential Income
Year Built: 1911
Zoning: LARD1.5

Interior

Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Laundry: yes
Laundry Features: Inside
Levels: One

External

Lot Features: Back Yard, Front Yard
Lot Size Area: 4700
Lot Size Source: Assessor
Lot Size Square Feet: 4700
Number Of Buildings: 1
Pool Features: None
Private Pool: no
Property Attached: yes
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: C42 - Downtown L.A.

Additional

Additional Parcels: no
Association: no
Community Features: Sidewalks
Days On Market: 79
List Agent State License: 01451724
List Office State License: 01877665
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Number Of Separate Water Meters: 2
Number Of Units Total: 2
Parcel Number: 5115011019
Senior Community: no
Year Built Source: Assessor

Financial

Gardener Expense: 1200
Gross Scheduled Income: 50400
Insurance Expense: 1200
Land Lease: no
Net Operating Income: 33714
New Taxes Expense: 6862
Operating Expense: 15679
Price Per Unit: 249500
Professional Management Expense: 1416
Rent Control: yes
Special Listing Conditions: Trust
Tax Census Tract: 2286.00
Tax Lot: 37
Tax Tract Number: 4547
Total Expenses: 15679
Water Sewer Expense: 5000

Zoning Info


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Contact - Listing ID BB23007196

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Bryan Ochse

1300 West Magnolia Boulevard
Burbank,, CA 91506
Phone: 818-468-2228

Data services provided by IDX Broker
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