$628,888

Estimated payment $3,923/month

Total Views 664
2 Beds
2 Baths
964 Sq Ft
$652 Price per Sq Ft

Highlights

  • No HOA
  • Park
  • Bike Trail
  • Ductless Heating Or Cooling System
  • Laundry Room
  • Vinyl Flooring

About This Home

Proudly presenting 8217–8219 Towne Avenue, a meticulously upgraded and centrally located duplex DELIVERED COMPLETELY VACANT—ideal for both savvy investors and owner users. Situated in the heart of Los Angeles, this well maintained property showcases pride of ownership and an excellent value-add opportunity with ADU potential in the spacious detached two-car garage.The front unit, 8217, has been extensively renovated with all-new lumber and drywall, updated electrical and plumbing systems, energy-efficient double-pane windows, and new insulation throughout the walls and roof. The interior boasts custom kitchen cabinetry with granite countertops, a fully remodeled bathroom, laminate flooring, washer/dryer hookups, and a powerful mini-split AC system for year-round comfort. The rear unit, 8219, mirrors the high-end finishes with matching custom kitchen cabinets, granite counters, dual-pane windows, mini-split AC, and in-unit laundry connections. Both units are bright, clean, and completely move-in ready—offering immediate flexibility for rental income, multi-generational living, or house hacking.To top it off, the detached two-car garage presents a prime opportunity for an additional income-producing unit or guest house with ADU conversion potential (buyer to verify). Properties like this vacant, upgraded, and with expansion upside
rarely hit the market.

Listing Agent

Bryan Cruz

Realty One Group United Brokerage Phone: 562-841-2561 License #02056215 Listed on: 06/28/2025

Realty One Group United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,947

Year Built

  • Built in 1925

Lot Details

  • 2,501 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 17 / 4
  • Tax Tract Number 26
  • Assessor Parcel Number 6030022018
  • $227 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $54,000
  • Net Operating Income $49,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,947

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 314444
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6030022018
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 652.37
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2501.00
  • Lot Size Acres: 0.0574

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1.00
  • Lot Size Area: 2501.0000 Square Feet
  • Net Operating Income: 49000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: Yes
  • Total Expenses: 1.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 2398.02
  • Tax Lot: 17
  • Tax Tract Number: 26
  • TaxOtherAnnualAssessmentAmount: 227.00

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
2025 $5,947 $493,461 $413,871 $79,590
2024 $5,947 $483,786 $405,756 $78,030
2023 $5,832 $474,300 $397,800 $76,500
2022 $5,560 $465,000 $390,000 $75,000
2021 $3,170 $251,536 $136,705 $114,831
2019 $3,078 $244,077 $132,651 $111,426
2018 $3,033 $239,292 $130,050 $109,242
2016 $2,894 $230,000 $125,000 $105,000
2015 $1,852 $142,574 $81,119 $61,455
2014 $1,870 $139,782 $79,530 $60,252
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 For Sale $628,888 0.0% $652 / Sq Ft
07/02/2025 07/02/25 Off Market $628,888 -- --
07/02/2025 07/02/25 For Sale $628,888 0.0% $652 / Sq Ft
07/01/2025 07/01/25 Off Market $628,888 -- --
06/28/2025 06/28/25 For Sale $628,888 +35.2% $652 / Sq Ft
12/09/2021 12/09/21 Sold $465,000 +3.3% $482 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $450,000 -6.3% $467 / Sq Ft
08/02/2021 08/02/21 For Sale $480,000 +108.7% $498 / Sq Ft
09/11/2015 09/11/15 Sold $230,000 -7.6% $239 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $249,000 -- $258 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Monarch Title Company
Grant Deed $465,000 Monarch Title Company
Grant Deed $230,000 First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commonwealth Title
Interfamily Deed Transfer -- --
Grant Deed $116,000 Fidelity National Title Co
Trustee Deed $121,801 First American Title Ins Co
Gift Deed -- --
Grant Deed $117,500 American Coast Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $449,480 FHA
Previous Owner $208,000 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $172,500 New Conventional
Previous Owner $128,000 New Conventional
Previous Owner $92,800 No Value Available
Previous Owner $113,975 No Value Available
Source: Public Records

About the Listing Agent

Bryan Cruz

Realty One Group United

(888) 841-5468

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Bryan takes great pride in offering superior service to his clients. In the market to buy or sell a home? Give Brian a call, he'd be happy to discuss needs and provide advice at no obligation to a potential client.

His website provides clients with access to all listings available on the MLS system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day so it provides the information needed, when its needed.

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25145044

California Regional Multiple Listing Service (CRMLS)

APN: 6030-022-018