$715,000
$10K PRICE DROP

Estimated payment $4,444/month

Total Views 19,612
5 Beds
4 Baths
2,178 Sq Ft
$328 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Laundry Room
  • Wrought Iron Fence

About This Home

Charming Duplex with great rental income offered at an exceptional price generating a whopping $4700 gross rent per month.
Built in 2006, this well-maintained duplex offers a total of 2,178 square feet of living space. The property features a combined total of 5 bedrooms and 4 bathrooms, making it ideal for both investors and homeowners seeking additional rental income.
The downstairs unit features 2 bedrooms + 2 baths along with garage space in the rear. The upstairs bedroom is 3 bedrooms + 2 baths. Each unit is thoughtfully designed to provide comfortable living spaces. The property has low-maintenance outdoor areas.

Conveniently located in Los Angeles, this duplex is close to schools, shopping centers, and public transportation, enhancing its appeal to prospective tenants. The property's modern construction and favorable location make it a standout opportunity in the current real estate market.
This is an ideal opportunity for investors looking to generate positive cash flow and sustainable income.

Listing Agent

Vibhor Vineet

Nanda Realty Inc. Brokerage Phone: 5624054854 License #02098451 Listed on: 02/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,623

Year Built

  • Built in 2006

Lot Details

  • 3,023 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 6 / 9
  • Tax Tract Number 6401
  • Assessor Parcel Number 6063003042

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $480
  • Insurance Expense $1,550
  • Water Sewer Expense $6,000
  • New Taxes Expense $9,940
  • Operating Expense $17,970
  • Net Operating Income $48,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,623

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.80
  • Price Per Unit: 357500
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 6000.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 6063003042
  • Year Built: 2006
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Entry Level: 1
  • Price Per Square Foot: 328.28

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, On Site
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3023.00
  • Lot Size Acres: 0.0694

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 61620.00
  • Insurance Expense: 1550.00
  • Lot Size Area: 3023.0000 Square Feet
  • Net Operating Income: 48740.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 12880.00
  • Rent Control: Yes
  • Total Actual Rent: 4700.00
  • Total Expenses: 17970.00

Tax Info

  • New Taxes Expense: 9940.00
  • Tax Block: 9
  • Tax Census Tract: 2406.00
  • Tax Lot: 6
  • Tax Tract Number: 6401

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
2025 $7,623 $596,799 $262,145 $334,654
2024 $7,623 $585,098 $257,005 $328,093
2023 $7,480 $573,626 $251,966 $321,660
2022 $7,144 $562,379 $247,026 $315,353
2021 $7,049 $551,353 $242,183 $309,170
2019 $6,842 $535,000 $235,000 $300,000
2018 $5,400 $410,958 $156,060 $254,898
2016 $3,776 $280,229 $83,958 $196,271
2015 $3,721 $276,020 $82,697 $193,323
2014 $3,737 $270,615 $81,078 $189,537
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $715,000 +0.7% $328 / Sq Ft
07/15/2025 07/15/25 Price Changed $710,000 -2.1% $326 / Sq Ft
02/20/2025 02/20/25 For Sale $725,000 +35.5% $333 / Sq Ft
07/31/2018 07/31/18 Sold $535,000 -0.9% $246 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $539,900 +36.7% $248 / Sq Ft
03/02/2016 03/02/16 Sold $395,000 -5.7% $181 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $419,000 -- $192 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $535,000 First American Title Company
Grant Deed $395,000 Orange Coast Title Company
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- Ticor Title San Bernardino
Grant Deed $257,500 Ticor Title San Bernardino
Grant Deed -- Ticor Title San Bernardino
Trustee Deed $250,000 Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed $575,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $374,500 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $296,250 New Conventional
Previous Owner $259,000 New Conventional
Previous Owner $226,000 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $187,500 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $460,000 Purchase Money Mortgage
Previous Owner $298,700 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25038082

California Regional Multiple Listing Service (CRMLS)

APN: 6063-003-042