$1,195,000
$100K PRICE DROP

648 N Grand Ave Los Angeles, CA 90012

Chinatown Neighborhood

Estimated payment $7,082/month

Total Views 1,175
4 Beds
2 Baths
1,768 Sq Ft
$676 Price per Sq Ft

Highlights

  • Wood Flooring
  • Zoned Cooling
  • 4-minute walk to Ord and Yale Street Park
  • Laundry Room
  • Detached Carport Space

About This Home

Excellent opportunity to acquire a fully vacant two story duplex in Downtown Chinatown. This townhouse style duplex is just minutes to Echo Park Lake, Museums, Grand Park, hip bars, cafes and award winning restaurants. Each apartment has washer and dryer hook ups in unit plus hardwood floors and Mr. Cool mini split AC units in all bedrooms. Front unit awesome downtown skyline views! There is also parking for 2 vehicles is the rear carport area. Easy to Show.

Listing Agent

Robert Villanueva

Estate Properties License #00951137 Listed on: 08/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,451

Year Built

  • Built in 1966

Lot Details

  • 3,174 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Detached Carport Space

Utilities

  • Zoned Cooling
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5407-018-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,451

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1768
  • Lot Acreage: 0.0729
  • Stories: 2
  • Year Built: 1966
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Linoleum
  • Bedrooms: 4
  • Laundry: Room, Inside, In Unit
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 675.90

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Detached
  • Total Parking: 2

Utilities

  • Cooling: Multi/Zone
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 32.18
  • Assessed Improvement Value: 191313
  • Assessed Land Percent: 67.82
  • Assessed Land Value: 403136
  • Total Assessed Value: 594449
  • Assessor Parcel Number: 5407-018-002
  • Lot Size Area: 3174

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

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 $7,451 $606,337 $411,198 $195,139
2024 $7,451 $594,449 $403,136 $191,313
2023 $7,309 $582,794 $395,232 $187,562
2022 $6,972 $571,368 $387,483 $183,885
2021 $6,883 $560,166 $379,886 $180,280
2019 $6,679 $543,553 $368,619 $174,934
2018 $6,618 $532,896 $361,392 $171,504
2016 $5,804 $469,000 $318,100 $150,900
2015 $5,804 $469,000 $318,100 $150,900
2014 $5,639 $444,000 $301,100 $142,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $1,195,000 -4.0% $676 / Sq Ft
08/14/2025 08/14/25 Price Changed $1,245,000 -3.9% $704 / Sq Ft
08/01/2025 08/01/25 For Sale $1,295,000 -- $732 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $435,000 Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,785 New Conventional
Closed $383,564 New Conventional
Closed $250,000 Credit Line Revolving
Closed $417,000 Unknown
Closed $50,000 Unknown
Closed $348,000 Purchase Money Mortgage
Closed $43,500 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25573137

The MLS

APN: 5407-018-002

California Los Angeles County Los Angeles 90012 Chinatown

648 N Grand Ave, Los Angeles, CA

This home is located at 648 N Grand Ave, Los Angeles, CA 90012 and is currently priced at $1,195,000, approximately $675 per square foot. This property was built in 1966. 648 N Grand Ave is a home located in Los Angeles County with nearby schools including Castelar Elementary School, Florence Nightingale Middle, and Ramón C. Cortines School of Visual and Performing Arts.

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The MLS © 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Robert Villanueva
Listing Agent
Robert Villanueva
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Estate Properties
(310) 403-6812