$900,000
$300K PRICE DROP

Estimated payment $5,333/month

Total Views 13,112
3 Beds
2 Baths
1,245 Sq Ft
$723 Price per Sq Ft

Highlights

  • Corner Lot
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

This income-generating duplex offers an excellent investment opportunity in a prime location, featuring two separate units with strong rental potential. The property boasts a well-maintained structure with updated features, including spacious living areas, ample natural light, and functional layouts. The upper and lower units are both 2-bedroom, 1-bathroom configurations, ideal for attracting tenants seeking comfortable, affordable living in the area. Situated in a vibrant and growing neighborhood, the property benefits from proximity to local amenities, public transportation, and major highways, ensuring high demand from renters. With its solid rental history and potential for future appreciation, this duplex is a smart addition to any real estate portfolio.

Listing Agent

Romero Santos

Keller Williams Realty-Studio City Brokerage Phone: 818-371-7507 License #02155069 Listed on: 01/29/2025

Keller Williams Realty-Studio City

Co-Listing Agent

George Kpachavi

LPT Realty, Inc Brokerage Phone: 818-371-7507 License #01839703

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,000 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,245 Sq Ft Home
  • 1-Story Property
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 29
  • Tax Tract Number 4
  • Assessor Parcel Number 5312010012
  • $282 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,000
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5312010012
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 722.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Gas Oven, Refrigerator
  • Electric: Standard
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Gross Income: 1000.00
  • Gross Scheduled Income: 1000.00
  • Lot Size Area: 4000.0000 Square Feet
  • Net Operating Income: 1000.00
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 29
  • Tax Census Tract: 2013.02
  • Tax Lot: 12
  • Tax Tract Number: 4
  • TaxOtherAnnualAssessmentAmount: 282.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $7,243 $591,892 $417,807 $174,085
2024 $7,243 $580,287 $409,615 $170,672
2023 $7,105 $568,910 $401,584 $167,326
2022 $6,777 $557,756 $393,710 $164,046
2021 $6,693 $546,821 $385,991 $160,830
2020 $6,759 $541,215 $382,034 $159,181
2019 $6,495 $530,604 $374,544 $156,060
2018 $6,411 $520,200 $367,200 $153,000
2016 $473 $32,671 $12,398 $20,273
2015 $467 $32,181 $12,212 $19,969
2014 $481 $31,551 $11,973 $19,578
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2025 04/07/25 Price Changed $900,000 -25.0% $723 / Sq Ft
02/20/2025 02/20/25 For Sale $1,200,000 0.0% $964 / Sq Ft
02/19/2025 02/19/25 Off Market $1,200,000 -- --
01/29/2025 01/29/25 For Sale $1,200,000 -- $964 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25010670

California Regional Multiple Listing Service (CRMLS)

APN: 5312-010-012