$1,350,000

Estimated payment $8,765/month

Total Views 7,354
7 Beds
5 Baths
2,696 Sq Ft
$501 Price per Sq Ft

Highlights

  • Multi-Level Bedroom
  • No HOA
  • Central Heating and Cooling System
  • Main Floor Bedroom
  • Laundry Room
  • 1-Story Property

About This Home

**INCOME PRODUCING PROPERTY** This newly renovated property boasts a fully permitted ADU and multiple bedrooms in each living space to maximize rental income. Even the finest details were not passed up on to make this property virtually brand new. The sleek colors and design makes this home rentable to a full spectrum of tenants. As you approach the property you will notice the designer wood entry gate to keep the driveway private. As you enter the main home laminate flooring throughout brings you to the kitchen with full stainless steel appliances. The accented barn door keeps a great separation through the home. 4 bedrooms downstairs and the upstairs bedroom and bath is like a 2nd master bedroom suite. Concrete throughout the exterior makes for a low maintenance yard and offers plenty of parking. The main house addressed at 1731 S New England St is so roomy it has 5 bedrooms and 3 bath and spans 2,198 sq ft of living space.The ADU has a complete Certificate of Occupancy and is addressed at 1733 S New England St and is 498 sqft with 2 bedrooms and 1 bath. Separate electric and gas meters. Shared water. Both units have their own interior laundry area.Please do not disturb tenants. Offers will be contingent upon interior inspection. Don’t miss your chance to own a strong revenue generating property in the heart of Los Angeles.See private remarks for rental history and current rent amounts.

Listing Agent

Edward Limbaga

Exp Realty of California Inc Brokerage Phone: 909-556-9590 License #02089589 Listed on: 02/10/2024

Exp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,908

Year Built

  • Built in 1912

Lot Details

  • 4,639 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 2,696 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 6 Main Level Bedrooms
  • Multi-Level Bedroom
  • 5 Full Bathrooms

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 11
  • Assessor Parcel Number 5056017013
  • $392 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,908

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5056017013
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2696.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 7
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 500.74
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Multi-Level Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4639.00
  • Lot Size Acres: 0.1065

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4639.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 2211.20
  • Tax Lot: 34
  • Tax Tract Number: 11-100
  • TaxOtherAnnualAssessmentAmount: 392.00

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 $16,908 $1,404,540 $936,360 $468,180
2024 $16,908 $1,377,000 $918,000 $459,000
2023 $16,584 $1,350,000 $900,000 $450,000
2022 $15,309 $1,280,000 $900,000 $380,000
2021 $7,716 $631,475 $505,180 $126,295
2020 $7,646 $612,781 $446,901 $165,880
2019 $6,192 $509,378 $356,671 $152,707
2018 $6,094 $499,391 $349,678 $149,713
2016 $5,817 $480,000 $336,100 $143,900
2015 $2,937 $238,337 $191,268 $47,069
2014 $2,954 $233,669 $187,522 $46,147
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2024 02/10/24 For Sale $1,350,000 0.0% $501 / Sq Ft
09/22/2021 09/22/21 Rented $4,500 0.0% --
09/20/2021 09/20/21 Under Contract -- -- --
08/19/2021 08/19/21 Price Changed $4,500 +15.4% $3 / Sq Ft
08/16/2021 08/16/21 For Rent $3,900 0.0% --
07/29/2015 07/29/15 Sold $480,000 -5.9% $282 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $510,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Accommodation/Courtesy Recordi
Quit Claim Deed -- California Best Title Co Inc
Grant Deed $625,000 North American Title
Grant Deed $440,000 North American Title
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $480,000 Equity Title
Interfamily Deed Transfer -- Old Republic
Interfamily Deed Transfer -- Old Republic
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Security Union Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $830,000 Commercial
Previous Owner $740,700 Commercial
Previous Owner $550,000 Commercial
Previous Owner $432,000 New Conventional
Previous Owner $319,000 New Conventional
Previous Owner $336,000 Unknown
Previous Owner $329,000 Negative Amortization
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24029418

California Regional Multiple Listing Service (CRMLS)

APN: 5056-017-013