$1,019,000
SOLD FEB 27, 2025
5 Beds
3 Baths
1,811 Sq Ft
6,123 Sq Ft Lot

Recently Sold

$563 Per Sq Ft

2% Above List Price

51 Days on Market

Highlights

  • High Ceiling
  • No HOA
  • Built-In Features
  • Abraham Lincoln High School Rated A
  • Two Homes on a Lot
  • Recessed Lighting

About This Home

As of February 2025

Welcome to this exceptional opportunity: Two homes on a lot, delivered vacant and ready for immediate use. With no prior rental history, both units offer the flexibility to secure market rents or live in a beautifully remodeled duplex, perfectly situated in the vibrant neighborhood of Lincoln Heights. This property was purchased and created with the intention of the builders living on the property with top of the line finishes and is not your typical flip. This property provides flexibility for various living situations, whether you're seeking a multi-generational home, rental income, or simply a stylish, spacious residence. Unit #135 offers 3 bedrooms, and 2 bathrooms, plus an office with one of the bedrooms being transformed to a brand new walk-in closet with designer built-in finishes, Nest thermostats for effortless climate control, a beautifully updated kitchen with a waterfall countertop and bar seating, new interior and exterior doors, and a private office with separate entry and dedicated A/C unit with heat. Unit #137 offers 2 bedrooms, and 1 bathroom, complete with a separate laundry room for your added convenience. Each unit boasts beautiful living areas full of natural light, newly installed HVAC systems, stylish kitchens equipped with brand-new cabinets, stainless steel appliances, custom countertops and extensively renovated bathrooms featuring custom tile work, illuminated vanity mirrors and are designed with comfort and elegance in mind. The light-filled interiors showcase high ceilings, recessed lighting, new wide plank blonde flooring, and freshly painted interiors. Seamlessly blending indoor comfort with outdoor enjoyment, this home features spacious interiors and an extensive outdoor living area perfect for entertaining or relaxing year-round. The exterior features an electric car charger, custom awnings, a new front deck, motion sensor lighting, and lush olive, avocado, and ficus trees. This duplex provides flexibility and potential for growth with the possibility of putting an Accessory Dwelling Unit (ADU) in the backyard, offering significant opportunity for future expansion, rental income, or additional living space. Conveniently located near Downtown LA, Dodgers Stadium, and major freeways this gem offers an appealing option for buyers seeking a balance of history, culture, and modern amenities. Don’t miss your opportunity to own an income-generating duplex that feels like new construction in a part of this thriving community.

Last Agent to Sell the Property

Elizabeth Sayad

Estate Properties Brokerage Phone: 831-238-7358 License #02073953 Listed on: 12/03/2024

Estate Properties

Co-Listed By

Gabrielle Herendeen

Estate Properties Brokerage Phone: 831-238-7358 License #01325858

Last Buyer's Agent

Robert Ramos

Coldwell Banker Realty License #01931801

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,466

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 6,123 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,811 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Storage
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Driveway Level
  • Paved Parking

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 8 / C
  • Tax Tract Number 1
  • Assessor Parcel Number 5205023021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,000
  • Insurance Expense $2,500
  • Trash Expense $430
  • Water Sewer Expense $1,000
  • Operating Expense $6,930
  • Gross Income $87,000
  • Net Operating Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,466

Year Built

Built in 1913 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 499500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1000.00
  • Zoning: LARD2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5205023021
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, High Ceilings, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 562.67
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Primary Bathroom, Primary Bedroom

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Level
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Trash Expense: 430.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 6123.00
  • Lot Size Acres: 0.1406

Multi Family

  • Electric Expense: 3000.00
  • Gross Income: 87000.00
  • Gross Scheduled Income: 87000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6123.0000 Square Feet
  • Net Operating Income: 57000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 30000.00
  • Rent Control: Yes
  • Total Expenses: 6930.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 1990.01
  • Tax Lot: 8
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Feb 14, 2025
Sold by
Santa Anna Julio
Bought by
Quwaider Osama Z
Seller's Agent
Elizabeth Sayad
Estate Properties
Buyer's Agent
Robert Ramos
Coldwell Banker Realty
List Price
$999,000
Sold Price
$1,019,000
Premium/Discount to List
$20,000
2%
Views
36
Current Estimated Value
$1,015,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,411
Avg. Annual Appreciation
-1.99%
Original Mortgage
$800,000
Outstanding Balance
$797,375
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$214,074

Purchase Details

Listed on
Jun 14, 2024
Closed on
Sep 17, 2024
Sold by
Santa Anna Julio Cesar
Bought by
Santa Anna Julio Cesar and Taylor Swazi Elkanzi
Seller's Agent
Johnny Lam
Treeline Realty & Investment
Buyer's Agent
Nan Xiao
Treeline Realty & Investment
List Price
$710,000
Sold Price
$738,800
Premium/Discount to List
$28,800
4.06%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.67%
Original Mortgage
$664,925
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 26, 2024
Sold by
Le Troy and Le Kay N
Bought by
Santa Anna Julio
Seller's Agent
Johnny Lam
Treeline Realty & Investment
Buyer's Agent
Nan Xiao
Treeline Realty & Investment
List Price
$710,000
Sold Price
$738,800
Premium/Discount to List
$28,800
4.06%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,925
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2015
Sold by
Le Nihen Thoai
Bought by
Le Troy and Le Kay N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Le Yvonne Tran
Bought by
Le Nhien Thoai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,019,000 Chicago Title
Deed -- Chicago Title Company
Grant Deed $739,000 Chicago Title Company
Grant Deed $178,000 Title 365
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $664,925 New Conventional
Previous Owner $133,000 New Conventional
Previous Owner $189,000 New Conventional
Previous Owner $110,000 Fannie Mae Freddie Mac
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $1,019,000 +2.0% $563 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
12/03/2024 12/03/24 For Sale $999,000 +35.2% $552 / Sq Ft
09/19/2024 09/19/24 Sold $738,800 0.0% $443 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/10/2024 08/10/24 Off Market $738,800 -- --
08/03/2024 08/03/24 For Sale $710,000 -3.9% $425 / Sq Ft
07/23/2024 07/23/24 Off Market $738,800 -- --
06/14/2024 06/14/24 For Sale $710,000 -- $425 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $6,466 $506,656 $377,049 $129,607
2023 $6,346 $496,722 $369,656 $127,066
2022 $6,058 $486,983 $362,408 $124,575
2021 $5,980 $477,435 $355,302 $122,133
2020 $6,037 $472,540 $351,659 $120,881
2019 $5,806 $463,275 $344,764 $118,511
2018 $5,679 $454,192 $338,004 $116,188
2016 $5,421 $436,557 $324,880 $111,677
2015 $2,358 $179,533 $121,778 $57,755
2014 $2,379 $176,017 $119,393 $56,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24240152

California Regional Multiple Listing Service (CRMLS)

APN: 5205-023-021