$1,395,000

Estimated payment $8,247/month

Total Views 1,763
4 Beds
2 Baths
1,664 Sq Ft
$838 Price per Sq Ft

Highlights

  • Shed
  • Ceiling Fan
  • 1-Story Property

About This Home

A Rare opportunity to own, DEVELOP and/or REIMAGINE this 1924 Spanish Duplex in the highly sought after neighborhood of Larchmont/Hancock Park. One of Norton Avenue's "last men standing" as it's neighbors to the north have raised up beautiful multi-level, multi-unit developments. A property where location is "Paramount" and "Paramount Studios" is two blocks away! With Raleigh Studios just up the street and Charming "Larchmont Village" less than "half-a-mile" down Beverly Blvd! Zoned R3-1(per Zimas) which gives this new owner a huge upside to emulate the neighbors by adding that second level & 2 more units while converting the large double car garage/shed in the back to an impressive ADU, potentially turning this little Spanish gem into a 5 unit Larchmont golden investment opportunity! Currently two 825sf units, one rented and one recently vacant PLUS the versatile back building ripe for an ADU transformation. Highly desirable Larchmont/Hancock Park is always in demand offering it's residents accessibility to everything the city has to offer.

Listing Agent

Randelle Green

Green Mile Properties Inc. License #01717315 Listed on: 07/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,780

Year Built

  • Built in 1924

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Driveway
  • Off-Site Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Additional Features

  • Shed
  • 4,482 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5522-025-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,780

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1664
  • Lot Acreage: 0.1029
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 838.34

Exterior Features

  • Other Structures: Shed(s), Other

Garage/Parking

  • Parking Garage: Driveway, Offsite
  • Total Parking: 5

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.06
  • Assessed Improvement Value: 236621
  • Assessed Land Percent: 69.94
  • Assessed Land Value: 550516
  • Total Assessed Value: 787137
  • Assessor Parcel Number: 5522-025-013
  • Lot Size Area: 4482

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 2
  • Total Annual Expense: 29000
  • Type Of Units: 2
  • Vacancy Rate: 1

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 $9,780 $802,879 $561,526 $241,353
2024 $9,780 $787,137 $550,516 $236,621
2023 $9,596 $771,704 $539,722 $231,982
2022 $9,157 $756,574 $529,140 $227,434
2021 $9,041 $741,740 $518,765 $222,975
2019 $8,773 $719,961 $503,379 $216,582
2018 $8,665 $705,849 $493,509 $212,340
2016 $8,201 $678,231 $474,347 $203,884
2015 $8,081 $674,021 $473,611 $200,410
2014 $8,200 $654,959 $458,070 $196,889
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,395,000 +114.0% $838 / Sq Ft
05/30/2013 05/30/13 Sold $652,000 +18.8% $392 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $549,000 -- $330 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Ticor Title Company
Grant Deed $652,000 Title365
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity Van Nuys
Gift Deed -- --
Gift Deed -- Fidelity Title
Grant Deed -- Fidelity Title
Trustee Deed $120,000 Western Cities Title
Corporate Deed -- Western Cities Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $363,000 New Conventional
Open $729,000 New Conventional
Closed $715,000 New Conventional
Closed $637,000 New Conventional
Closed $635,683 FHA
Previous Owner $489,000 New Conventional
Previous Owner $207,000 New Conventional
Previous Owner $180,800 No Value Available
Previous Owner $180,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25560567

The MLS

APN: 5522-025-013