B
Seller's Agent in 2024
Bret Lewis
Bret Lewis, Broker
(562) 726-2515
2 in this area
60 Total Sales
145 S Reno St Los Angeles, CA 90057
Westlake NeighborhoodEstimated Value: $1,166,371 - $1,274,000
7
Beds
4
Baths
2,695
Sq Ft
$458/Sq Ft
Est. Value
Highlights
- Quartz Countertops
- No HOA
- Den
- Lawn
- Neighborhood Views
- Ductless Heating Or Cooling System
About This Home
As of May 2024Meticulous remodeled Craftsman-style duplex in the heart of Los Angeles. With two distinct units, this property offers not just a home, but a lucrative investment.
The upper unit boasts 4 bedrooms and 2 well-appointed bathrooms while the lower unit offers 3 bedrooms, 2 bathrooms, and an additional den, providing a total of 7 bedrooms and 4 bathrooms.
This duplex truly is a "cash cow," offering substantial rental income with stimated rents of $5,000 for the upper unit and $4,500 for the lower unit.
Recent upgrades have transformed this duplex with new flooring and fresh paint throughout. The kitchens have been completely remodeled with new shaker cabinets and elegant quartz countertops. Modern appliances, including a range, oven, dishwasher, and refrigerator, have been added to both units, ensuring a seamless living experience.
Laundry hookups are conveniently available in both units, simplifying daily chores. Additionally, the property is equipped with separate electric and gas meters for efficient utility management. Complete with 2 car garage and additional on-site parking.
With an outstanding walk score of 80, residents can accomplish most errands on foot, making daily life exceptionally convenient. The property also boasts a great transit rating of 71, facilitating easy commuting and city exploration.
Situated near downtown Los Angeles, this duplex enjoys a prime location in a thriving neighborhood that is considered the heart of L.A. It's the perfect place for those looking to live in the midst of all the action or invest in a property with limitless potential.
This remodeled Craftsman duplex offers the best of both worlds - classic charm combined with modern amenities and income potential. It's a property that truly speaks for itself, with an ideal location that makes it the place to be in Los Angeles.
Last Agent to Sell the Property
Bret Lewis, Broker Brokerage Phone: 480-225-6616 License #01872524 Listed on: 04/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,222
Year Built
- Built in 1906 | Remodeled
Lot Details
- 4,800 Sq Ft Lot
- No Common Walls
- Landscaped
- Sprinkler System
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
Home Design
- Duplex
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 2,695 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Den
- Neighborhood Views
- Laundry Room
Kitchen
- Electric Oven
- Gas Range
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- Sewer Not Available
Additional Features
- Outdoor Storage
- Urban Location
Listing and Financial Details
- Legal Lot and Block 11 / 3
- Assessor Parcel Number 5155003007
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Net Operating Income $114,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2024
Closed on
May 7, 2024
Sold by
Simple Buy Llc
Bought by
Alvarez Julian Christopher
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Cyrus Mohseni
The Keystone Team
List Price
$1,225,000
Sold Price
$1,175,000
Premium/Discount to List
-$50,000
-4.08%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,843
Avg. Annual Appreciation
2.51%
Original Mortgage
$881,250
Outstanding Balance
$870,314
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$344,440
Purchase Details
Listed on
Nov 4, 2021
Closed on
Feb 4, 2022
Sold by
Olga Aponte
Bought by
Aponte Trust
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
Bret Lewis
Bret Lewis, Broker
List Price
$768,000
Sold Price
$788,000
Premium/Discount to List
$20,000
2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.24%
Original Mortgage
$800,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 4, 2021
Closed on
Jan 6, 2022
Sold by
Aponte Trust
Bought by
Simple Buy Llc
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
Bret Lewis
Bret Lewis, Broker
List Price
$768,000
Sold Price
$788,000
Premium/Discount to List
$20,000
2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2021
Sold by
Olga Aponte
Bought by
Aponte Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarez Julian Christopher | $1,175,000 | Ticor Title Company | |
| Simple Buy Llc | -- | Ticor Title Company | |
| Aponte Trust | -- | -- | |
| Simple Buy Llc | $788,000 | New Title Company Name | |
| Aponte Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alvarez Julian Christopher | $881,250 | |
| Previous Owner | Simple Buy Llc | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2024 05/14/24 | Sold | $1,175,000 | -2.0% | $436 / Sq Ft |
| 04/06/2024 04/06/24 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | Price Changed | $1,199,000 | -2.1% | $445 / Sq Ft |
| 04/01/2024 04/01/24 | For Sale | $1,225,000 | +55.5% | $455 / Sq Ft |
| 02/04/2022 02/04/22 | Sold | $788,000 | +2.6% | $292 / Sq Ft |
| 11/24/2021 11/24/21 | Pending | -- | -- | -- |
| 11/04/2021 11/04/21 | For Sale | $768,000 | -- | $285 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,222 | $1,198,500 | $714,000 | $484,500 |
| 2024 | $10,222 | $819,835 | $520,200 | $299,635 |
| 2023 | $10,030 | $803,760 | $510,000 | $293,760 |
| 2022 | $1,362 | $83,578 | $36,934 | $46,644 |
| 2021 | $1,327 | $81,940 | $36,210 | $45,730 |
| 2019 | $1,295 | $79,512 | $35,137 | $44,375 |
| 2018 | $1,210 | $77,954 | $34,449 | $43,505 |
| 2016 | $1,130 | $74,928 | $33,112 | $41,816 |
| 2015 | $1,117 | $73,803 | $32,615 | $41,188 |
| 2014 | $1,137 | $72,359 | $31,977 | $40,382 |
Source: Public Records
Agents Affiliated with this Home
-
Bret Lewis
-
Cyrus Mohseni
Buyer's Agent in 2024
Cyrus Mohseni
The Keystone Team
(562) 501-4450
1 in this area
176 Total Sales
-
Fred Ashkar
Seller's Agent in 2022
Fred Ashkar
RE/MAX
(818) 681-4975
1 in this area
60 Total Sales
-
John Ashkar
Seller Co-Listing Agent in 2022
John Ashkar
RE/MAX
(626) 840-0401
1 in this area
55 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24064044
APN: 5155-003-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 140 S Vendome St
- 158 S Hoover St
- 143 N Reno St
- 117 N Dillon St
- 210 S Commonwealth Ave
- 142 N Vendome St
- 248 S Occidental Blvd
- 300 S Reno St Unit 304
- 138 N Dillon St
- 2731 Beverly Blvd
- 256 S La Fayette Park Place Unit 106
- 362 S Commonwealth Ave
- 2 S Commonwealth Ave
- 2600 Glassell St
- 157 S Virgil Ave
- 242 N Dillon St
- 152 S Westmoreland Ave
- 117 S Virgil Ave
- 152 N Benton Way
- 428 S Hoover St
- 145 S Reno St Unit B
- 145 S Reno St Unit A
- 141 S Reno St
- 149 S Reno St
- 151 S Reno St
- 149 151 S Reno St
- 153 S Reno St
- 3011 W 2nd St
- 131 S Reno St
- 142 S Vendome St
- 138 S Vendome St
- 134 S Vendome St
- 125 S Reno St Unit 2
- 125 S Reno St
- 3017 W 2nd St
- 130 S Vendome St
- 3008 1/2 W 2nd St Unit 1/2
- 126 S Vendome St
- 201 S Reno St
- 122 S Vendome St