
597 Cypress Ave Los Angeles, CA 90065
Cypress Park NeighborhoodHighlights
- 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
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,455,000 | Wfg National Title | |
Grant Deed | $944,500 | New Title Company Name | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,018,500 | New Conventional | |
Closed | $0 | Construction |
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 |
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Rose Garcia
The Core Agency
(818) 671-8891
4 in this area
93 Total Sales
-
R
Buyer's Agent in 2024
Rosa Garcia
Map
Source: The MLS
MLS Number: 23-329673

APN: 5446-006-001
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