4 months on rocket

2346 Las Colinas Ave, Los Angeles, CA, 90041

$1,099,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,218 SqFt
$495/SqFt
Multi

Location

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2346 Las Colinas Ave, Los Angeles$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Attached Garage1 space
Year Built1922
CoolingCentral Air
FireplaceNone
ViewCity Lights, Neighborhood
MLS #WS24136998
Lot Size0.23 Acres
StatusActive

About 2346 Las Colinas Ave

Welcome to 2346 Las Colinas Avenue in the highly desirable Eagle Rock neighborhood! This versatile duplex, situated on a spacious 10,055-square-foot lot, presents an exceptional investment opportunity as well as an ideal setup for an owner-user. The front unit features three bedrooms and two bathrooms within 1,372 square feet of comfortable living space. With an open floor plan, generously sized rooms, and a convenient laundry room, this home is both functional and inviting. The large front yard, side yard, and two-car carport add to the appeal. Currently rented for $1,500 per month, it provides a steady income stream. The back unit offers one bedroom and one bathroom spanning 965 square feet, including a finished permitted basement. This unit has a private rear yard with a large patio, perfect for entertaining. It is currently rented for $1,100 per month, ensuring additional rental income. Additionally, the property includes a detached garage with an office/workshop behind it, which holds great potential for conversion into an ADU (Accessory Dwelling Unit) for even more income, subject to city approval (buyer to investigate). This property is perfect for investors looking to capitalize on rental income or for families seeking to live in one unit while renting out the other to subsidize their mortgage. Located in a sought-after neighborhood, it offers proximity to top-rated schools, shopping, and easy freeway access, making it an attractive choice for a wide range of buyers. Don’t miss out on this exceptional opportunity to own a versatile property with significant potential in the heart of Eagle Rock!

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 2,218 SqFt

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (310) 388-3761
  • Listing Agent: Jinglin YUE

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Neighborhood

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Crossroads: Las Colinas Ave and Ellenwood Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
  • Price Per SqFt: $495/SqFt

Tax Information:

  • Annual Amount: $2,740
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2346 Las Colinas Ave vs Los Angeles

125 DAYS ON ROCKET

+87 Days

$1,099,000

+$75.5K More

$495/SqFt

-$146 Less

KEY TAKEAWAY

This property is $75.5K more than the Median Sold Price and $146/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24136998

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (310) 388-3761
  • Listing Agent: Jinglin YUE

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: 11/15/2024, 10:20:51 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

YEARPROP. TAXASSESSMENT
2021$2,740$200,585
2020$2,664$198,529
2019$2,539$194,637
2018$2,485$190,822
2017$2,485$187,081

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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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-466715
7
/10
  • Eagle Rock Elementary & Magnet Center

  • 2057 Fair Park Ave

  • 0.50 miles

  • Public District Grades KG-6

school-card-donut-466716
8
/10
  • Delevan Drive Elementary

  • 4168 W Avenue 42

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-466717
5
/10
  • Toland Way Elementary

  • 4545 Toland Way

  • 0.74 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,799. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900412346 Las Colinas Ave

This home is located at 2346 Las Colinas Ave in Los Angeles, CA and zip code 90041 in the Northeast LA neighborhood. This 2,218 square foot home, which was built in 1922, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $1,099,000.

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. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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