Seller's Agent in 2024
Rose Garcia
The Core Agency
(818) 671-8891
4 in this area
93 Total Sales
597 Cypress Ave Los Angeles, CA 90065
Cypress Park NeighborhoodEstimated Value: $1,010,000 - $1,502,000
6
Beds
4
Baths
2,224
Sq Ft
$561/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Corner Lot
- Abraham Lincoln High School Rated A
- Fireplace in Primary Bedroom
- Quartz Countertops
About This Home
As of January 2024Welcome to a rare completely updated VACANT fully permitted 3 bed 2 bath (each) duplex opportunity poised at the scenic base of Mt Washington in the highly sought-after, trending Cypress Park neighborhood. This invitation extends to investors and eager owner-users ready to embrace a lifestyle where luxury meets income potential. Enveloped within a generous 10,000+ sq foot corner lot, the property showcases two nearly identical, side-by-side units, each a spacious 3 bedroom, 2 bathroom home, meticulously renovated with an eye for style and modern convenience. The front yard, mature and inviting, sets the stage for the elegance within. The open floor plan, flooded with natural light, romantic fireplace, facilitates a graceful flow from the expansive living area to the dining space, ready to accommodate gatherings large and small. The kitchens stand as a testament to thoughtful design, featuring quartz countertops, custom backsplashes, and center islands that provide not just ample space for culinary pursuits but also house a built-in wine fridge along w/ new stainless steel appliances. A nod to the connoisseur's taste. Gold fixtures gleam against the shaker cabinets, resonating with the sophistication of the door handles and kitchen hardware, creating a cohesive and luxurious aesthetic. The bathrooms boast custom designer tiles, new vanities, and modern fixtures with gold accents that complement the kitchens' upscale ambiance. Bedrooms offer a sanctuary of calm, with generous proportions and abundant closet space. Both units boast impressive primary suites w/ access via sliding door to the outdoor space. Attention to detail is evident throughout, with new flooring, windows, recessed lighting, and a fresh coat of paint both inside and out. The practical updates are comprehensive, including modern electrical/plumbing systems, a newer sewer line, air conditioning units, and a well-maintained roof. The corner lot's potential is as expansive as its grounds, with plenty of parking and space to introduce an Accessory Dwelling Unit (ADU) for added income. The sizable outdoor areas invite the possibility of terraced gardens and private entertainment spaces, complemented by the mature landscaping. Located in the vibrant heart of northeast LA, the duplex promises a lifestyle of convenience and elegance. With the latest updates, including the coveted kitchen islands and the luxurious touch of gold fixtures, this property is poised to command a high rental yield. This investment is not just a property; it's a lifestyle choice, a chance to establish a sophisticated home in one of LA's most dynamic communities. Perfect for both first-time buyers and seasoned investors, this duplex represents a significant value-add and equity opportunity. Act now, as this exquisitely re-imagined property is set to be a sought-after jewel in Cypress Park. Walk-able to restaurants, bars, & a stones throw to Highland Park & DTLA. Quintessential NELA living at its finest.
Last Buyer's Agent
Rosa Garcia
License #01373253
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,291
Year Built
- Built in 1922 | Remodeled
Lot Details
- 10,009 Sq Ft Lot
- Fenced Yard
- Gated Home
- Corner Lot
- Front Yard
Parking
- 6 Open Parking Spaces
- 2 Car Garage
- Driveway
Home Design
- Bungalow
- Turnkey
Interior Spaces
- 2,224 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Living Room with Fireplace
- Dining Area
- Laundry Room
- Property Views
Kitchen
- <<convectionOvenToken>>
- Range<<rangeHoodToken>>
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Remodeled Bathroom
- 4 Bathrooms
- Fireplace in Bathroom
Utilities
- Tankless Water Heater
Community Details
- 2 Buildings
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 5446-006-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2023
Closed on
Dec 5, 2023
Sold by
Spirit Legacy Llc
Bought by
597 Cypress Llc
Seller's Agent
Rose Garcia
The Core Agency
Buyer's Agent
Rosa Garcia
List Price
$1,474,900
Sold Price
$1,455,000
Premium/Discount to List
-$19,900
-1.35%
Views
274
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$207,133
Avg. Annual Appreciation
-4.93%
Purchase Details
Listed on
May 17, 2022
Closed on
Jun 10, 2022
Sold by
Cruz D Parra Living Trust
Bought by
Spirit Legacy Llc
Seller's Agent
Rose Garcia
The Core Agency
Buyer's Agent
Rose Garcia
The Core Agency
List Price
$989,900
Sold Price
$944,250
Premium/Discount to List
-$45,650
-4.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.41%
Purchase Details
Closed on
Jun 24, 2016
Sold by
Parra Cruz
Bought by
Parra Cruz D and Cruz D Parra Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 597 Cypress Llc | $1,455,000 | Wfg National Title | |
| Spirit Legacy Llc | $944,500 | New Title Company Name | |
| Parra Cruz D | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 597 Cypress Llc | $1,018,500 | |
| Closed | Spirit Legacy Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2024 01/05/24 | Sold | $1,455,000 | -1.3% | $654 / Sq Ft |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | For Sale | $1,474,900 | +56.2% | $663 / Sq Ft |
| 06/22/2022 06/22/22 | Sold | $944,250 | -4.6% | $470 / Sq Ft |
| 05/30/2022 05/30/22 | Pending | -- | -- | -- |
| 05/17/2022 05/17/22 | For Sale | $989,900 | -- | $493 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $12,291 | $982,397 | $722,297 | $260,100 |
| 2023 | $12,057 | $963,135 | $708,135 | $255,000 |
| 2022 | $1,796 | $111,408 | $81,179 | $30,229 |
| 2021 | $12,356 | $1,010,360 | $606,216 | $404,144 |
| 2020 | $1,692 | $108,106 | $78,772 | $29,334 |
| 2019 | $1,641 | $105,987 | $77,228 | $28,759 |
| 2018 | $1,465 | $103,910 | $75,714 | $28,196 |
| 2016 | $1,379 | $99,877 | $72,775 | $27,102 |
| 2015 | $1,361 | $98,377 | $71,682 | $26,695 |
| 2014 | $1,380 | $96,451 | $70,278 | $26,173 |
Source: Public Records
Agents Affiliated with this Home
-
Rose Garcia
-
R
Buyer's Agent in 2024
Rosa Garcia
Map
Source: The MLS
MLS Number: 23-329673
APN: 5446-006-001
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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