2740 Fairmount St Los Angeles, CA 90033
Boyle Heights NeighborhoodEstimated payment $7,321/month
Highlights
- Open Floorplan
- Cooling System Mounted To A Wall/Window
- Tile Flooring
- No HOA
- Laundry Room
- 2-minute walk to Wabash Recreation Center
About This Home
Great opportunity in Los Angeles! This property features two units on one lot, including a newer built second unit located at the rear of the property, offering excellent flexibility for homeowners and investors alike. Live in one unit and rent out the other to help offset your mortgage, making this an ideal setup for owner-occupants looking to generate additional income. The layout provides separation between the front home and the back unit, creating added privacy and usability. Conveniently located with easy access to major freeways, making commuting to surrounding areas simple and efficient. Close to shopping, dining, and everyday amenities. A great opportunity for multi-generational living, rental income, or investment potential in a central Los Angeles location. ? Property Highlights:
• Two units on one lot
• Newer constructed rear unit
• Ideal for owner-occupant with rental income potential
• Convenient access to freeways and nearby amenities
Listing Agent
COMPLETE HOME REALTY Brokerage Email: mrluiscortez@gmail.com License #01858363 Listed on: 02/27/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 5,839 Sq Ft Lot
- No Common Walls
- Block Wall Fence
- Rectangular Lot
- Level Lot
Parking
- 2 Car Garage
- 6 Open Parking Spaces
- Parking Available
- Combination Of Materials Used In The Driveway
Home Design
- Duplex
- Entry on the 1st floor
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
- Stucco
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Gas Oven
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Outdoor Storage
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- 220 Volts in Garage
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Legal Lot and Block 21 / J
- Tax Tract Number 11404
- Assessor Parcel Number 5177018021
- $459 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,400
- Trash Expense $720
- Operating Expense $3,120
- Gross Income $86,400
- Net Operating Income $3,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,790 | $633,682 | $278,771 | $354,911 |
| 2024 | $7,790 | $621,257 | $273,305 | $347,952 |
| 2023 | $7,642 | $609,077 | $267,947 | $341,130 |
| 2022 | $7,292 | $597,136 | $262,694 | $334,442 |
| 2021 | $7,193 | $585,429 | $257,544 | $327,885 |
| 2020 | $7,261 | $579,427 | $254,904 | $324,523 |
| 2019 | $6,980 | $568,066 | $249,906 | $318,160 |
| 2018 | $6,860 | $556,928 | $245,006 | $311,922 |
| 2016 | $6,538 | $535,303 | $235,493 | $299,810 |
| 2015 | $6,443 | $527,263 | $231,956 | $295,307 |
| 2014 | $5,632 | $516,969 | $227,413 | $289,556 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | For Sale | $1,299,000 | -- | $464 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $188,000 | First American Title Co | |
| Gift Deed | -- | -- | |
| Grant Deed | $70,000 | American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $188,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26043972
APN: 5177-018-021
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
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Ask me questions while you tour the home.