$889,000
$31K PRICE DROP

Estimated payment $5,337/month

Total Views 3,862
4 Beds
2 Baths
1,604 Sq Ft
$554 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Back and Front Yard

About This Home

Attention Attention. Do not lose your chance to own this unique property. Huge Price Reduction for a Quick Sale. Great opportunity to own a duplex, live in the remodeled turn-key unit, and get rent from the other tenant-occupied unit. Each house has a private entrance with a separate yard. This duplex has a new roof and separate electricity and gas meters. Both units have 2 bedrooms and one bath, offering a comfortable and inviting living space. You might be able to add an ADU to generate more income. The property has easy access to Van Nuys and Burbank airports, biking trails, a public golf course, shopping malls, and Balboa Park. Come and discover the endless opportunities. What are you waiting for?

Listing Agent

Mimi Hagani

First Banker Real Estate Brokerage Phone: 818-634-6419 License #01438998 Listed on: 04/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,955

Year Built

  • Built in 1948

Lot Details

  • 6,003 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 13864
  • Assessor Parcel Number 2206020002
  • $280 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,700
  • Trash Expense $600
  • Water Sewer Expense $3,960
  • New Taxes Expense $10,128
  • Operating Expense $17,588
  • Gross Income $52,320
  • Net Operating Income $34,732

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,955

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 444500
  • Property Attached: No
  • Water Sewer Expenses: 3960.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2206020002
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Living room
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 554.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6003.00
  • Lot Size Acres: 0.1378

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Operating Income: 52320.00
  • Gross Scheduled Income: 52320.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 6003.0000 Square Feet
  • Net Operating Income: 34732.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 17588.00
  • Rent Control: Yes
  • Total Expenses: 17588.00

Tax Info

  • New Taxes Expense: 10128.00
  • Tax Census Tract: 1274.00
  • Tax Lot: 13
  • Tax Tract Number: 13864
  • TaxOtherAnnualAssessmentAmount: 280.00

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
2024 $4,955 $389,748 $258,581 $131,167
2023 $4,863 $382,107 $253,511 $128,596
2022 $4,640 $374,616 $248,541 $126,075
2021 $4,578 $367,271 $243,668 $123,603
2019 $4,443 $356,380 $236,442 $119,938
2018 $4,364 $349,393 $231,806 $117,587
2016 $4,160 $335,827 $222,805 $113,022
2015 $4,101 $330,784 $219,459 $111,325
2014 $4,126 $324,306 $215,161 $109,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $899,000 +1.1% $560 / Sq Ft
07/08/2025 07/08/25 Price Changed $889,000 -3.4% $554 / Sq Ft
04/23/2025 04/23/25 For Sale $920,000 -- $574 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $290,000 Lawyers Title
Grant Deed $380,000 California Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,500 New Conventional
Previous Owner $217,500 Purchase Money Mortgage
Previous Owner $400,000 Negative Amortization
Previous Owner $95,000 Credit Line Revolving
Previous Owner $304,000 New Conventional
Closed $38,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25085193

California Regional Multiple Listing Service (CRMLS)

APN: 2206-020-002