Welcome to 1718 S New England, a renovated fourplex boasting good cash flow, situated in the Pico-Union neighborhood. This property offers the flexibility of arriving fully leased at market rates. This property sits on a spacious LARD1.5 lot spanning 7,937 square feet. Its prime location near USC, Downtown LA, Koreatown, and Echo Park ensures a diverse pool of prospective tenants. The unit configuration comprises two (2) 2 bedroom, 1 bathroom units (currently leased at $2,300 & $2,000, respectively), along with two (2) 1-bedroom, 1-bathroom units (currently rented at $1,350 & 1,300). These units boast numerous updates, such as new stainless steel appliances, laminate flooring, granite countertops, recessed lighting, tankless water heaters, double-paned windows, and recently installed electric panels for units 1722 and 1722 1/2.
Property Details
Property Features
Property Information:
Year Built: 1902
Stories: 1
Listing Office:
Office Name: Priming Capital Realty
Office Email: contact@primingcapitals.com
Listing Agent: Daniel Jung
Interior Features
Interior Information:
Appliances: Gas Range
Flooring Type: Laminate, Tile
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Lot Features
Lot Information:
Lot Size: 0.18 Acres
School Info
Assigned Schools Information:
West Adams Preparatory High School, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Berendo Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Magnolia Avenue Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: S. New England & North of Washington Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $1,280,000
Tax Information:
Annual Amount: $10,006
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $266.3K 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: #PW23228656
Listing Office:
Office Name: Priming Capital Realty
Office Email: contact@primingcapitals.com
Listing Agent: Daniel Jung
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: 9/18/2024, 8:21:00 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
Apr 09, 2021
Apr 09, 2021Home Sold
$1,175,000
Oct 25, 2017
Oct 25, 2017Home Sold
$530,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,006
$808,288
2020
$6,821
$551,412
2019
$6,676
$540,600
2018
$1,417
$530,000
2017
$1,417
$97,451
History based on county public records data.
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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.
Elementary School
4
/10
Magnolia Avenue Elementary School
1626 Orchard Ave
Distance between this listing and this school0.08 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.40 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school22.69 miles
Public Magnet Grades KG-5
Middle School
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.67 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school5.18 miles
Public District Grades 6-8
High School
3
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.23 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school4.33 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school16.01 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Magnolia Avenue Elementary School
1626 Orchard Ave
Distance between this listing and this school0.08 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.40 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school22.69 miles
Public Magnet Grades KG-5
Assigned Schools
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.67 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school5.18 miles
Public District Grades 6-8
Nearby Schools
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school0.58 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.23 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school4.33 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school16.01 miles
The neighbors living near this home have an average income of $56,303. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 1718 S New England St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home, which was built in 1902, sits on a 0.18 acre lot. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $1,280,000.
In August 2024, from all listings sold in Los Angeles, CA there were more than 668 sold above asking price, over 728 sold below and more than 213 were sold right at the asked price. Between July 2024 and August 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 7.2%. Listings spent 34 days on the market in August 2024, and had a median list price of $1,013,623 during the same period.
From Rocket Homes Real Estate and based on county public records data.