15 days on rocket

7558 Willoughby Ave, Los Angeles, CA, 90046

$1,299,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Baths
1,116 SqFt
$1,164/SqFt
House

Location

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7558 Willoughby Ave, Los Angeles$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Year Built1924
HeatingCentral
CoolingNone
MLS #24460911
Lot Size0.06 Acres
StatusActive

About 7558 Willoughby Ave

VACANT! This charming, side-by-side Spanish-style duplex is nestled in the vibrant heart of the West Hollywood area! Each unit offers one spacious bedroom and bathroom, with its own private laundry and parking spot. Each has a detached single-car garage that is being used as a bonus studio. This property boasts ample natural light and an abundance of character that's hard to find in today's market. Inside, each unit enjoys a generously sized living room and stylish galley kitchen. Outside, each unit has a private backyard oasis, perfect for relaxing or entertaining. This well-maintained property currently generated a strong gross income of $6,552 per month, with tremendous upside in rental income, and potential for ADU conversions in the garages. Located just moments from Melrose, with its trendy restaurants, shops, and entertainment, this duplex is a rare gem offering both style and investment potential. Don't miss out on this exceptional opportunity in one of LA's most sought-after neighborhoods!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 1
  • Living Area: 1,116 SqFt

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: Ladd Jackson

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Between Santa Monica & Melrose, Curson & Sierra Bonita

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $1,164/SqFt

Tax Information:

  • Annual Amount: $11,265
  • 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

7558 Willoughby Ave vs Los Angeles

15 DAYS ON ROCKET

-23 Days

$1,299,000

+$275.5K More

$1,164/SqFt

+$523 More

KEY TAKEAWAY

This property is $275.5K more than the Median Sold Price and $523/SqFt more 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: #24460911

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: Ladd Jackson

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: 11/23/2024, 11:20:52 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

Sep 20, 2005Home Sold
$749,000
Nov 07, 1988Home Sold
$111,255
Nov 07, 1988Home Sold
$222,500
Nov 07, 1988Home Sold
$111,245

Tax History

YEARPROP. TAXASSESSMENT
2021$11,265$945,611
2020$10,925$935,916
2019$10,885$917,566
2018$10,648$899,575
2017$10,648$881,937

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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-1010006
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-1010007
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-1010008
5
/10

  • Rosewood Avenue Elementary

  • 503 N Croft Ave

  • 1.22 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 $74,375. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7558 Willoughby Ave

What is the listing price of this property?

The listing price of 7558 Willoughby Ave property is $1,299,000.

What type of property is this?

The property 7558 Willoughby Ave is a house located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7558 Willoughby Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,265 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 20, 2005 for $749,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7558 Willoughby Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7558 Willoughby Ave is 1,116 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7558 Willoughby Ave is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7558 Willoughby Ave

This home is located at 7558 Willoughby Ave in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 1,116 square foot home, which was built in 1924, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,299,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 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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