
Seller's Agent in 2024
Christie Thomas
Coldwell Banker Champion Realty
(323) 483-4275
1 in this area
30 Total Sales
Motivated Seller! Reduced Price on tenant-occupied Duplex in Desirable Arlington Heights. Exceptional investment opportunity near Country Club Park, Western Heights, Koreatown, and West Adams. This two-story Spanish Colonial duplex, built in 1923, is now listed at a significantly reduced price because property will be sold tenant-occupied. Property features two nearly identical units, each with 2 bedrooms, 1 bathroom, a spacious living room, formal dining room, kitchen, and laundry room, each approximately 1,450 sq. ft. The property includes (3) 1-car garages with potential for ADU conversion to increase rental income. With 2,900 sq. ft. of living space on a 6,098 sq. ft. LARD2 zoned TOC Tier 2 lot, this property offers versatility and significant upside potential at market rents or upon redevelopment. Listing price improved because existing rents are below market and subject to Los Angeles City Rent Stabilization Ordiance (RSO). Buyer must take the property AS-IS, tenant occupied, subject to tenant rights. No exceptions. Conveniently located near the 10 and 405 freeways, the property provides easy access to DTLA, LAX, employment centers, restaurants, shopping, museums, and Westside beaches. Arlington Heights is a growing community with historic landmarks and beautiful architecture, making it an ideal place for multifamily investment. Don't miss out on this motivated seller and reduced price opportunity! Submit offers subject to interior inspection today!
Last Agent to Sell the Property
Coldwell Banker Champion Realty License #01793080 Listed on: 07/16/2024
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $830,000 | Lawyers Title Insurance Compan | |
Grant Deed | $830,000 | Lawyers Title Insurance Compan | |
Interfamily Deed Transfer | -- | Accommodation | |
Interfamily Deed Transfer | -- | Title365 | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $664,000 | New Conventional | |
Previous Owner | $200,000 | New Conventional | |
Previous Owner | $166,000 | Unknown | |
Previous Owner | $153,500 | Unknown | |
Previous Owner | $163,000 | Unknown |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/14/2024 11/14/24 | Sold | $830,000 | -7.8% | $286 / Sq Ft |
09/15/2024 09/15/24 | Pending | -- | -- | -- |
07/16/2024 07/16/24 | For Sale | $899,900 | -- | $310 / Sq Ft |
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 | $3,010 | $830,000 | $665,000 | $165,000 |
2024 | $3,010 | $213,233 | $113,725 | $99,508 |
2023 | $2,963 | $209,053 | $111,496 | $97,557 |
2022 | $2,842 | $204,955 | $109,310 | $95,645 |
2021 | $2,790 | $200,937 | $107,167 | $93,770 |
2019 | $2,715 | $194,980 | $103,990 | $90,990 |
2018 | $2,597 | $191,157 | $101,951 | $89,206 |
2016 | $2,458 | $183,736 | $97,993 | $85,743 |
2015 | $2,425 | $180,978 | $96,522 | $84,456 |
2014 | $2,448 | $177,434 | $94,632 | $82,802 |
Seller's Agent in 2024
Christie Thomas
Coldwell Banker Champion Realty
(323) 483-4275
1 in this area
30 Total Sales
Buyer's Agent in 2024
Rose Elena Sauceda
COLDWELL BANKER LEADERS
(626) 688-5780
1 in this area
19 Total Sales
Source: The MLS
MLS Number: 24-414457
APN: 5060-010-022