$1,023,960
$19K PRICE DROP

1227 Rolland Curtis Place Unit 1227 1/2 Los Angeles, CA 90037

Exposition Park Neighborhood

Estimated payment $5,952/month

Total Views 8,479,629
5 Beds
3 Baths
1,702 Sq Ft
$602 Price per Sq Ft

About This Home

Excellent opportunity to own these two units, this duplex is perfect for first-time home buyer or investor, front unit features 3- bedroom 1 1/2 bath, second unit has 2- bedroom 1-bath, property is located in a growing and desirable area of Los Angeles, walking distance to (USC) University of Southern California, L.A Coliseum, Exposition Park, Natural History Museum, and short distance to DTLA

Listing Agent

Danny Chavez

New Generation Realty, Inc Brokerage Phone: 818-256-9466 License #01291528 Listed on: 10/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,610

Year Built

  • Built in 1913

Lot Details

  • 5,227 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,702 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 140
  • Tax Tract Number 231
  • Assessor Parcel Number 5037011030
  • $342 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,600
  • Trash Expense $1,000
  • Water Sewer Expense $1,800
  • Operating Expense $1,900
  • Gross Income $17,124
  • Net Operating Income $13,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,610

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Price Per Unit: 511980
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5037011030
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: main entrance
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 601.62

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 952 Square Feet
  • Gross Income: 17124.00
  • Gross Scheduled Income: 17124.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 13124.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4000.00
  • Rent Control: Yes
  • Total Expenses: 1900.00

Tax Info

  • Tax Census Tract: 2312.10
  • Tax Lot: 140
  • Tax Tract Number: 231...
  • TaxOtherAnnualAssessmentAmount: 342.00

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
2025 $4,610 $363,261 $307,852 $55,409
2024 $4,610 $356,139 $301,816 $54,323
2023 $4,529 $349,157 $295,899 $53,258
2022 $4,330 $342,312 $290,098 $52,214
2021 $4,269 $335,601 $284,410 $51,191
2020 $4,308 $332,161 $281,494 $50,667
2019 $4,146 $325,649 $275,975 $49,674
2018 $4,043 $319,264 $270,564 $48,700
2016 $3,857 $306,868 $260,058 $46,810
2015 $3,802 $302,259 $256,152 $46,107
2014 $3,828 $296,339 $251,135 $45,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Price Changed $1,023,960 -1.8% $602 / Sq Ft
10/18/2024 10/18/24 For Sale $1,043,000 -- $613 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $295,000 Provident Title Company
Trustee Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title
Grant Deed $528,000 Equity Title
Interfamily Deed Transfer -- Chicago Title Co
Warranty Deed -- Fidelity National Title Ins
Individual Deed $77,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,200 Stand Alone Second
Previous Owner $396,000 Stand Alone First
Previous Owner $260,000 New Conventional
Previous Owner $135,000 Unknown
Previous Owner $110,000 Seller Take Back
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24217077

California Regional Multiple Listing Service (CRMLS)

APN: 5037-011-030