8 months on rocket

1718 S New England St, Los Angeles, CA, 90006

$1,280,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1718 S New England St, Los Angeles$1,280,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1902
FireplaceNone
ViewNeighborhood
MLS #PW23228656
Lot Size0.18 Acres
StatusActive

About 1718 S New England St

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

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.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1718 S New England St vs Los Angeles

263 DAYS ON ROCKET

+225 Days

$1,280,000

+$256.5K More

KEY TAKEAWAY

This property is $256.5K 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

IDX 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: 11/17/2024, 1:20:53 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

Apr 09, 2021Home Sold
$1,175,000
Oct 25, 2017Home Sold
$530,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$6,456

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,904

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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.

Nearby Schools

school-card-donut-443517
4
/10

  • Magnolia Avenue Elementary School

  • 1626 Orchard Ave

  • 0.08 miles

  • Public District Grades PK-5

school-card-donut-443518
6
/10

  • Equitas Academy Charter

  • 1700 W Pico Blvd

  • 0.53 miles

  • Public Charter Grades KG-5

school-card-donut-443519
2
/10

  • Politi Elementary School

  • 2481 W 11th St

  • 0.59 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,303. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1718 S New England St

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 October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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