424 S Avenue 56 Los Angeles, CA 90042
Estimated payment $6,314/month
Total Views
170
5
Beds
1
Bath
2,384
Sq Ft
$419
Price per Sq Ft
About This Home
2 units side by side corner unit has 3 bed, the other unit has 2 bed each with 1 bathroom. Live in one and rent the other. Nicely located minutes from Highland Park. This Duplex would be perfect for new homeowner to help themselves or a great opportunity for a savvy Investor. First unit is well taken care of; second unit might need a little TLC. Private entrance with their own parking spaces for each unit.
Listing Agent
USA Realty Brokerage Email: usarealty8060@gmail.com License #02016170 Listed on: 08/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,445
Year Built
- Built in 1924
Lot Details
- 6,969 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Duplex
Interior Spaces
- 2,384 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Bathroom
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Available
- Driveway
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 4377
- Assessor Parcel Number 5468029031
- $5,010 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $110
- Operating Expense $6,000
- Gross Income $24,000
- Net Operating Income $14,600
Map
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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 | $10,445 | $469,173 | $284,348 | $184,825 |
| 2024 | $10,445 | $459,974 | $278,773 | $181,201 |
| 2023 | $10,335 | $450,956 | $273,307 | $177,649 |
| 2022 | $10,075 | $442,115 | $267,949 | $174,166 |
| 2021 | $9,997 | $433,447 | $262,696 | $170,751 |
| 2020 | $10,046 | $429,004 | $260,003 | $169,001 |
| 2019 | $9,839 | $420,593 | $254,905 | $165,688 |
| 2018 | $9,718 | $412,347 | $249,907 | $162,440 |
| 2016 | $4,839 | $396,336 | $240,203 | $156,133 |
| 2015 | $4,769 | $390,383 | $236,595 | $153,788 |
| 2014 | $4,794 | $382,737 | $231,961 | $150,776 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $999,000 | -- | $419 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $330,000 | Southland Title | |
| Interfamily Deed Transfer | -- | Southland Title | |
| Individual Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $35,000 | Unknown | |
| Previous Owner | $480,000 | Negative Amortization | |
| Previous Owner | $375,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $264,000 | Purchase Money Mortgage | |
| Closed | $66,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25180925
APN: 5468-029-031
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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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