$899,000
$91K PRICE DROP

1708 E 3rd St Los Angeles, CA 90033

Estimated payment $5,786/month

Total Views 6,349
6 Beds
4 Baths
1,900 Sq Ft
$473 Price per Sq Ft

Highlights

  • No HOA
  • 5-minute walk to Mariachi Plaza
  • 3-minute walk to Pecan Park
  • Felicitas and Gonzalo Mendez High Rated A-
  • Laundry Room

About This Home

Discover a rare opportunity in this beautifully renovated duplex, perfectly positioned near the thriving Arts District. This property comprises two well-appointed residences within a single duplex structure: a three-bedroom, two-bathroom unit and a two-bedroom, two-bathroom unit. Each showcases modern upgrades, including high ceilings, quartz countertops, wood-look porcelain tile, and stainless steel appliances. In-unit washer/dryer hookups, generous storage, and both street and interior parking enhance resident comfort. Separate utility meters and a low-maintenance design contribute to its investment appeal. Enjoy easy access to schools, places of worship, and the Arts District's diverse dining and shopping options! (Including 1708 1/2 address).

Listing Agent

JULIAN RENDEROS

EXCELLENCE RE REAL ESTATE Brokerage Phone: 323-229-0217 License #02047666 Listed on: 04/11/2025

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,363

Year Built

  • Built in 1890

Lot Details

  • 1,874 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 517
  • Assessor Parcel Number 5172025024
  • $253 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Fuel Expense $50
  • Insurance Expense $180
  • Trash Expense $70
  • Operating Expense $450
  • Gross Income $3,000
  • Net Operating Income $2,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,363

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Price Per Unit: 449500
  • Property Attached: Yes
  • Zoning: LAC2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5172025024
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 473.16

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 70.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 1874.00
  • Lot Size Acres: 0.0430

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 150.00
  • Fuel Expense: 50.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 180.00
  • Lot Size Area: 1874.0000 Square Feet
  • Net Operating Income: 2900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 100.00
  • Rent Control: Yes
  • Total Actual Rent: 3000.00
  • Total Expenses: 450.00

Tax Info

  • Tax Census Tract: 2060.53
  • Tax Lot: 58
  • Tax Tract Number: 517...
  • TaxOtherAnnualAssessmentAmount: 253.00

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 $10,363 $859,577 $604,888 $254,689
2024 $10,363 $842,724 $593,028 $249,696
2023 $10,162 $826,200 $581,400 $244,800
2022 $5,491 $448,295 $206,113 $242,182
2021 $5,417 $439,506 $202,072 $237,434
2020 $6,916 $555,573 $260,100 $295,473
2019 $6,645 $544,680 $255,000 $289,680
2018 $5,290 $425,132 $230,821 $194,311
2016 $4,527 $365,000 $195,000 $170,000
2015 $4,468 $360,000 $190,000 $170,000
2014 $3,854 $300,000 $150,000 $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $899,000 -5.3% $473 / Sq Ft
04/24/2025 04/24/25 Price Changed $949,000 -4.1% $499 / Sq Ft
04/11/2025 04/11/25 For Sale $989,888 0.0% $521 / Sq Ft
05/23/2022 05/23/22 Rented $3,000 +0.3% --
05/03/2022 05/03/22 Price Changed $2,990 -13.3% $3 / Sq Ft
04/21/2022 04/21/22 For Rent $3,450 0.0% --
03/26/2022 03/26/22 Sold $810,000 +0.1% $450 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $809,000 +88.1% $449 / Sq Ft
02/20/2020 02/20/20 Sold $430,000 -14.0% $257 / Sq Ft
01/08/2020 01/08/20 Price Changed $499,999 0.0% $298 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $499,999 -- $298 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $810,000 Lawyers Title
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed -- Pacific Coast Title Company
Grant Deed $435,000 Lawyers Title Company
Trustee Deed $252,001 Lawyers Title
Grant Deed -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $729,000 New Conventional
Previous Owner $585,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25073586

California Regional Multiple Listing Service (CRMLS)

APN: 5172-025-024