$620,000
$79K PRICE DROP

Estimated payment $3,726/month

Total Views 189,592
2 Beds
2 Baths
980 Sq Ft
$633 Price per Sq Ft

Highlights

  • Property is near public transit
  • Attic
  • Two Homes on a Lot
  • Spanish Architecture
  • Quartz Countertops
  • Living Room

About This Home

***HOMEADVANTAGE QUALIFIED PROPERTY*** THIS PROPERTY OFFERS EXCLUSIVE ACCESS TO THE HOMEADVANTAGE PROGRAM. QUALIFIED BUYERS MAY ACHIEVE SUBSTANTIAL MONTHLY PAYMENT SAVINGS* LISTING AGENT HAS PROGRAM SPECIALIST CONTACT DETAILS-ASK TODAY! front house is a two-bedroom, one bath home, rear unit is a studio. New flooring in front house, both kitchens and bathrooms were remodeled in 2020. Residents of this locale enjoy convenient access to several local parks, which serve as recreational hubs for families and individuals alike. These green spaces provide opportunities for outdoor activities, picnicking, and community gatherings, fostering a sense of belonging among residents. Additionally, the area is home to multiple schools that address a range of educational needs, from elementary to high school levels. A selection of grocery stores, boutiques, and dining establishments nearby ensures that everyday necessities and culinary delights are easily accessible.
Transportation is well-facilitated in this neighborhood, with public transit options available, allowing residents to conveniently commute to different parts of Los Angeles. This connectivity makes it an attractive option to those who work in the city but prefer to reside in a more community-oriented setting. The architectural styles of homes along Towne Ave are quite varied, ranging from classic California bungalows to modern designs that may incorporate contemporary features. GRANT OF $20,000 dollars from bank available to first time buyer, NO REPAYMENT! Grant can be used for down payment and closing costs.
*subject to buyer qualification.

Listing Agent

Frank Granados

Towne Center Realtors, Inc. Brokerage Email: frankgranados2@gmail.com License #01075513 Listed on: 12/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,079

Year Built

  • Built in 1926

Lot Details

  • 3,200 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Fence is in good condition
  • No Landscaping
  • Paved or Partially Paved Lot
  • Level Lot
  • Back Yard

Home Design

  • Duplex
  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Plaster

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Window Screens
  • Panel Doors
  • Living Room
  • Vinyl Flooring
  • Attic

Kitchen

  • Gas Range
  • Free-Standing Range
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Legal Lot and Block 33 / 5
  • Tax Tract Number 6401
  • Assessor Parcel Number 6052018029
  • $445 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,079

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 310000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6052018029
  • Year Built: 1926
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters, Recessed Lighting, Unfurnished
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 632.65
  • Room Type: All Bedrooms Down, Attic, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Good Condition, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range, Gas Range, Gas Water Heater, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level, Near Public Transit, No Landscaping, Paved
  • Lot Size Sq Ft: 3200.00
  • Lot Size Acres: 0.0735

Multi Family

  • Lot Size Area: 3200.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 750.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2406.00
  • Tax Lot: 33
  • Tax Tract Number: 6401
  • TaxOtherAnnualAssessmentAmount: 445.00

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 $5,079 $393,708 $284,345 $109,363
2024 $5,079 $385,989 $278,770 $107,219
2023 $4,983 $378,421 $273,304 $105,117
2022 $4,760 $371,002 $267,946 $103,056
2021 $4,699 $363,729 $262,693 $101,036
2020 $4,082 $304,980 $204,000 $100,980
2019 $3,927 $299,000 $200,000 $99,000
2018 $1,687 $109,281 $60,712 $48,569
2016 $1,602 $105,039 $58,355 $46,684
2015 $1,577 $103,462 $57,479 $45,983
2014 $1,589 $101,437 $56,354 $45,083
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $620,000 -1.6% $633 / Sq Ft
07/30/2025 07/30/25 Price Changed $630,000 -1.6% $643 / Sq Ft
07/08/2025 07/08/25 Price Changed $640,000 -1.4% $653 / Sq Ft
06/09/2025 06/09/25 Price Changed $649,000 -4.4% $662 / Sq Ft
05/30/2025 05/30/25 Price Changed $679,000 -1.5% $693 / Sq Ft
05/04/2025 05/04/25 Price Changed $689,000 -1.4% $703 / Sq Ft
12/28/2024 12/28/24 For Sale $699,000 +94.2% $713 / Sq Ft
04/21/2020 04/21/20 Sold $360,000 -16.1% $367 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/13/2020 03/13/20 Price Changed $429,000 +10.3% $438 / Sq Ft
03/12/2020 03/12/20 For Sale $389,000 0.0% $397 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $389,000 +292.9% $397 / Sq Ft
07/23/2012 07/23/12 Sold $99,000 0.0% $101 / Sq Ft
12/05/2011 12/05/11 Pending -- -- --
11/30/2011 11/30/11 For Sale $99,000 -- $101 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $360,000 Provident Title
Grant Deed $299,000 Provident Title
Grant Deed $99,000 Fidelity National Title Co
Grant Deed $380,000 --
Interfamily Deed Transfer -- North American Title Co
Grant Deed $240,000 North American Title Company
Corporate Deed $115,000 --
Trustee Deed $167,047 First American Title Co
Grant Deed $157,000 American Title Co
Grant Deed $85,500 New Century Title Company
Grant Deed -- First American Title Ins Co
Trustee Deed $138,770 First American Title Ins Co
Grant Deed $128,000 Commonwealth Land Title Co
Grant Deed $68,000 Commonwealth Title
Gift Deed -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,700 Commercial
Closed $302,240 Commercial
Previous Owner $293,584 FHA
Previous Owner $74,250 New Conventional
Previous Owner $342,000 New Conventional
Previous Owner $167,200 Purchase Money Mortgage
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $154,574 FHA
Previous Owner $364 Unknown
Previous Owner $11,000 Unknown
Previous Owner $66,000 No Value Available
Previous Owner $126,930 FHA
Previous Owner $70,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24254965

California Regional Multiple Listing Service (CRMLS)

APN: 6052-018-029