517 W 97th St Los Angeles, CA 90044
Vermont Vista NeighborhoodEstimated payment $6,024/month
Highlights
- No HOA
- Tile Flooring
- Wall Furnace
- Laundry Room
- 2 Car Garage
- 4-minute walk to 97th Street Park
About This Home
Built in 2010, this modern DUPLEX located at 517 W 97th Street, Los Angeles offers a total of 3,271 square feet of living space, thoughtfully divided into two spacious units. The front unit features 4 bedrooms and 2 bathrooms, while the rear unit boasts 5 bedrooms and 3 bathrooms, accommodating a variety of living arrangements. Each unit is designed with contemporary finishes, including big kitchen and family room for comfortable and stylish living environment. Situated on a huge 5,605 square foot lot, the property also includes ample parking with two garage spaces.
Generating a whopping $7050 gross rent per month, this duplex presents an excellent opportunity for investors seeking additional rental income. Its convenient location in Los Angeles offers easy access to local amenities, schools, and public transportation. Exceptionally high rental income makes this property a perfect fit for investors seeking long term positive cash flow on their investment.
Listing Agent
Nanda Realty Inc. Brokerage Phone: 5624054854 License #02098451 Listed on: 02/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,363
Year Built
- Built in 2010
Lot Details
- 5,605 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 4 Open Parking Spaces
- Parking Available
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 3,271 Sq Ft Home
- 2-Story Property
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 83
- Tax Tract Number 23
- Assessor Parcel Number 6054028016
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gardener Expense $720
- Insurance Expense $1,562
- Professional Management Expense $4,350
- Water Sewer Expense $4,500
- New Taxes Expense $13,998
- Operating Expense $25,130
- Gross Income $3,000
- Net Operating Income $65,502
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 | $8,363 | $673,573 | $402,487 | $271,086 |
| 2024 | $8,363 | $660,367 | $394,596 | $265,771 |
| 2023 | $8,209 | $647,419 | $386,859 | $260,560 |
| 2022 | $7,839 | $634,725 | $379,274 | $255,451 |
| 2021 | $7,728 | $622,281 | $371,838 | $250,443 |
| 2019 | $7,502 | $603,826 | $360,810 | $243,016 |
| 2018 | $7,386 | $591,987 | $353,736 | $238,251 |
| 2016 | $7,145 | $577,677 | $273,102 | $304,575 |
| 2015 | $6,169 | $495,690 | $213,200 | $282,490 |
| 2014 | -- | $485,981 | $209,024 | $276,957 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | For Sale | $999,900 | +75.7% | $306 / Sq Ft |
| 05/02/2015 05/02/15 | Sold | $569,000 | -1.7% | $174 / Sq Ft |
| 04/06/2015 04/06/15 | Pending | -- | -- | -- |
| 01/29/2015 01/29/15 | For Sale | $579,000 | -- | $177 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | $569,000 | Title 365 | |
| Grant Deed | $465,004 | Lawyers Title | |
| Grant Deed | $110,000 | Lsi Title Agency | |
| Trustee Deed | $128,000 | None Available | |
| Interfamily Deed Transfer | -- | Security Union Title | |
| Interfamily Deed Transfer | -- | Security Union Title | |
| Grant Deed | $300,000 | Security Union Title | |
| Grant Deed | $210,000 | Gateway Title Company | |
| Grant Deed | -- | Chicago Title Co | |
| Trustee Deed | $137,598 | United Title Company | |
| Grant Deed | $125,454 | Old Republic Title | |
| Gift Deed | -- | Old Republic Title | |
| Grant Deed | -- | First Southwestern Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $369,000 | New Conventional | |
| Previous Owner | $458,821 | FHA | |
| Previous Owner | $120,000 | Stand Alone Second | |
| Previous Owner | $110,000 | Stand Alone Second | |
| Previous Owner | $120,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $304,000 | Purchase Money Mortgage | |
| Previous Owner | $57,000 | Stand Alone Second | |
| Previous Owner | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $168,000 | Purchase Money Mortgage | |
| Previous Owner | $171,500 | Unknown | |
| Previous Owner | $111,500 | Unknown | |
| Previous Owner | $124,275 | FHA | |
| Previous Owner | $105,500 | No Value Available | |
| Closed | $42,000 | No Value Available | |
| Closed | $60,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25038488
APN: 6054-028-016
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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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