$985,000
UNDER CONTRACT $165K PRICE DROP

236 Joy St Los Angeles, CA 90042

Estimated payment $5,754/month

Total Views 6,014
3 Beds
2 Baths
1,385 Sq Ft
$711 Price per Sq Ft

Highlights

  • Gated Parking
  • Bonus Room
  • Double Door Entry
  • Traditional Architecture
  • No HOA
  • Hiking Trails

About This Home

Welcome to a rare gem in the heart of Highland Park awaiting your vision! This unique offering features two detached homes. Nestled in a dynamic neighborhood, you're just minutes away from NELA’s highly rated restaurants, trendy coffee shops, food trucks, and unique vintage stores. Enjoy seamless access to freeways, shopping, schools, and parks, making everyday living a breeze. Reside in one home while generating rental income from the second—perfect for offsetting your mortgage or creating a steady cash flow! Explore short-term, mid-term, or long-term rental opportunities, or a strategic blend of all three to maximize your investment returns. Take advantage of Highland Park’s thriving rental demand and secure your place in this sought-after community. Schedule your viewing today and step into a future filled with comfort, convenience, and potential!

Nestled in one of the fastest-growing and most desirable neighborhoods in Northeast Los Angeles, this Highland Park gem sits on a peaceful, well-kept residential street, just moments from the area’s vibrant culture, art, and ultra-trendy cafes and restaurants

Listing Agent

Sergio Velasco

Velasco Realty Group Brokerage Phone: 562-746-3768 License #01254384 Listed on: 03/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 1925

Lot Details

  • 3,707 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Traditional Architecture
  • Spanish Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,385 Sq Ft Home
  • 1-Story Property
  • Double Door Entry
  • Living Room with Fireplace
  • Bonus Room
  • Laminate Flooring
  • Window Bars
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Gated Parking

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 4883
  • Assessor Parcel Number 5467029010
  • $238 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $184
  • Gardener Expense $50
  • Trash Expense $74
  • Water Sewer Expense $284
  • Operating Expense $592
  • Net Operating Income $71,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,334

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Number: 562-450-0230
  • Price Per Unit: 492500
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Window Bars
  • Water Sewer Expenses: 284.00
  • Zoning: LAR1
  • Architectural Style: Spanish, Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 5467029010
  • Year Built: 1925
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 711.19
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Laundry

Exterior Features

  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated, On Site, Uncovered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 74.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Hiking, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3707.00
  • Lot Size Acres: 0.0851

Multi Family

  • Electric Expense: 184.00
  • Gross Scheduled Income: 72000.00
  • Lot Size Area: 3707.0000 Square Feet
  • Net Operating Income: 71408.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 592.00
  • Rent Control: No
  • Total Expenses: 592.00

Tax Info

  • Tax Census Tract: 1851.01
  • Tax Lot: 31
  • Tax Tract Number: 4883
  • TaxOtherAnnualAssessmentAmount: 238.00

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 $4,334 $362,540 $220,369 $142,171
2024 $4,334 $355,433 $216,049 $139,384
2023 $4,249 $348,464 $211,813 $136,651
2022 $4,051 $341,632 $207,660 $133,972
2021 $3,993 $334,935 $203,589 $131,346
2020 $4,029 $331,502 $201,502 $130,000
2019 $3,871 $325,002 $197,551 $127,451
2018 $3,795 $318,630 $193,678 $124,952
2016 $3,611 $306,258 $186,158 $120,100
2015 $3,556 $301,658 $183,362 $118,296
2014 $3,576 $295,750 $179,771 $115,979
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $985,000 -1.5% $711 / Sq Ft
05/08/2025 05/08/25 Price Changed $999,995 -4.7% $722 / Sq Ft
04/29/2025 04/29/25 Price Changed $1,049,000 -4.6% $757 / Sq Ft
04/12/2025 04/12/25 Price Changed $1,100,000 -4.3% $794 / Sq Ft
03/17/2025 03/17/25 For Sale $1,150,000 -- $830 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- Stewart Title Company
Divorce Dissolution Of Marriage Transfer -- Stewart Title Company
Interfamily Deed Transfer -- United Title Company
Grant Deed $255,000 United Title Company
Grant Deed $125,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 New Conventional
Previous Owner $401,000 New Conventional
Previous Owner $401,000 New Conventional
Previous Owner $340,000 Unknown
Previous Owner $285,000 Unknown
Previous Owner $204,000 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $127,800 Unknown
Previous Owner $124,808 FHA
Closed $51,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25058635

California Regional Multiple Listing Service (CRMLS)

APN: 5467-029-010