MORE PICTURES TO COME SOON! Great Investment Opportunity! In a great location! Perfect for a big family! This four unit residential is walking distance from USC, potential for USC students housing. It's within USC student Lift zone! It is also close to Exposition Park, a popular tourist attraction that hosts museums, gardens, and a rose garden. Easy access to 10 freeway and transportation. Minutes from Downtown Los Angeles Two story building with two units on each level. "Nice view of the downtown skyscrapers from upstairs units front porch" This is a rare opportunity to invest in a prime location! Legal description shows 2 bedrooms one bath, but each unit physically has 3bedrooms 1 1/4 baths. Very spacious units! Each unit has its own laundry room with washer and dryer hookups. All units have the same floor plan. Same family ownership for past 55 yrs. Long driveway. Show them! They will sell fast!
Property Details
Property Features
Property Information:
Year Built: 1909
Stories: 2
Listing Office:
Office Name: Ontrak Real Estate
Office Phone: (562) 787-5626
Listing Agent: Miguel Palos
Interior Features
Interior Information:
Flooring Type: Carpet, Tile
Interior: Ceiling Fan(s), All Bedrooms Up, All Bedrooms Down
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot: Front Yard
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: West of Hoover/ south of Washington
Price Information
Listing Price Info
Price Summary:
List Price: $2,200,000
Tax Information:
Annual Amount: $2,989
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.1M 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: #DW24253588
Listing Office:
Office Name: Ontrak Real Estate
Office Phone: (562) 787-5626
Listing Agent: Miguel Palos
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: 12/26/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,989
$198,481
2020
$2,911
$196,447
2019
$2,822
$192,596
2018
$2,773
$188,821
2017
$2,773
$185,120
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11K
Per Month
Principal & Interest
$10.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,662
Powered By
Advertisement
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
6
/10
Vermont Avenue Elementary
1435 W 27th St
Distance between this listing and this school0.41 miles
Public District Grades KG-5
5
/10
Norwood Street Elementary School
2020 Oak St
Distance between this listing and this school0.51 miles
Public District Grades KG-5
4
/10
Magnolia Avenue Elementary School
1626 Orchard Ave
Distance between this listing and this school0.58 miles
Public District Grades PK-5
Nearby Schools
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school0.50 miles
Public Charter Grades KG-8
4
/10
Camino Nuevo Elementary #3
1723 Cordova St
Distance between this listing and this school0.54 miles
Public Charter Grades KG-8
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school1.05 miles
Public District Grades 6-8
Nearby Schools
6
/10
Alliance Gertz-Ressler Richard Merkin 6-12 Complex
2023 S Union Ave
Distance between this listing and this school0.29 miles
Public Charter Grades 6-12
3
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.34 miles
Public District Grades 9-12
6
/10
New Designs Charter
2303 Figueroa Way
Distance between this listing and this school0.77 miles
The neighbors living near this home have an average income of $36,717. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
This home is located at 1340 W 23rd St in Los Angeles, CA and zip code 90007 in the University Park neighborhood. This home, which was built in 1909, sits on a 0.15 acre lot. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $2,200,000.
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. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.