This charming 3-unit property offers a lucrative investment opportunity in the heart of Los Angeles. Situated on a quiet residential street, this property features three separate units, each with its own unique layout and amenities. Whether you're looking to generate rental income or live in one unit and rent out the others, this property provides endless possibilities for savvy investors. Unit 1: Bedrooms: 4 Bathrooms: 3 Features: Washer and dryer hookup Unit 2: Bedrooms: 2 Bathrooms: 1 Unit 3: Bedrooms: 3 Bathrooms: 2 1/2 Exterior Features: Well-maintained exterior with curb appeal, on site parking for tenants, Fenced yard for outdoor activities, Gated entry, Separate entrances for each unit providing privacy for tenants Location: Conveniently located near schools such as Weigand Avenue Elementary School, Edwin Markham Middle School and Jordan High School, parks, and public transportation. Easy access to shopping, dining, and entertainment options such as Plaza Mexico. Close proximity to the 105 freeway for commuting to nearby cities. Investment Potential: Excellent opportunity for investors looking to capitalize on rental income. Strong rental market in the area with high demand for rental units. Plans have been submitted to the city for an additional ADU, pending approval.
Property Details
Property Features
Property Information:
Year Built: 1950
Stories: 1
Listing Office:
Office Name: Century 21 Cornerstone
Office Phone: (562) 822-7678
Listing Agent: Julie Ledesma
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot Size: 0.24 Acres
Other
Directions Information:
Directions: 105 W to Imperial Hwy. Take Mona Blvd. to Weigand Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $1,789,000
Tax Information:
Annual Amount: $5,724
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $767.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #DW24161067
Listing Office:
Office Name: Century 21 Cornerstone
Office Phone: (562) 822-7678
Listing Agent: Julie Ledesma
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 8:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 31, 2018
Oct 31, 2018Home Sold
$415,000
Oct 19, 2004
Oct 19, 2004Home Sold
$255,000
Nov 03, 2000
Nov 03, 2000Home Sold
$85,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,724
$434,454
2020
$5,483
$423,300
2019
$4,142
$415,000
2018
$4,051
$312,380
2017
$4,051
$306,256
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Weigand Avenue Elementary School
10401 Weigand Ave
Distance between this listing and this school0.13 miles
Public District Grades PK-5
5
/10
Ritter Elementary School
11108 Watts Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-5
2
/10
Florence Griffith Joyner Elementary
1963 E 103rd St
Distance between this listing and this school0.56 miles
Public District Grades KG-5
Nearby Schools
3
/10
Southeast Middle School
2560 Tweedy Blvd
Distance between this listing and this school0.50 miles
Public District Grades 6-8
2
/10
Edwin Markham Middle School
1650 E 104th St
Distance between this listing and this school0.96 miles
Public District Grades 6-8
5
/10
Kipp Corazon Academy
9325 Long Beach Blvd
Distance between this listing and this school1.01 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
David Starr Jordan High School
2265 E 103rd St
Distance between this listing and this school0.31 miles
Public District Grades 9-12
2
/10
Simon Rodia Continuation
2701 Sequoia Dr
Distance between this listing and this school0.41 miles
Public District Grades 9-12
4
/10
South East High School
2720 Tweedy Blvd
Distance between this listing and this school0.53 miles
The neighbors living near this home have an average income of $41,453. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are single, with kids. Residents of this area typically have high school diploma education.
This home is located at 10610 Weigand Ave in Los Angeles, CA and zip code 90002 in the South LA neighborhood. This home, which was built in 1950, sits on a 0.24 acre lot. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $1,789,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.