1164 North Rowan Avenue

Los Angeles, CA 90063

$899,000
Price
4
Beds
2
Baths
2,545 Sq. Ft.
$353 / Sq. Ft.
2,545
Sq. Ft.
$353
per Sq. Ft.

Description

Two Vacant updated units! Perched on a hill in City Terrace, this welcoming 2-unit property is the perfect opportunity for those looking to live in one unit and rent out the other. Enjoy the stunning Downtown city and mountain views with high arched ceilings and, modest kitchens and baths plus a substantial backyard with fruit trees. This property features two spacious 2-bedroom, 1-bathroom units side by side. Close to USC Keck and County Hospitals. Easy access to amenities, and major highways, this...Two Vacant updated units! Perched on a hill in City Terrace, this welcoming 2-unit property is the perfect opportunity for those looking to live in one unit and rent out the other. Enjoy the stunning Downtown city and mountain views with high arched ceilings and, modest kitchens and baths plus a substantial backyard with fruit trees. This property features two spacious 2-bedroom, 1-bathroom units side by side. Close to USC Keck and County Hospitals. Easy access to amenities, and major highways, this property is a must-see. Ask about the Fannie Mae conventional loan for units with as little as 5% down!

Listing Agent

  1. Bobby Rodriguez

    Bobby Rodriguez

    Listing Agent

    Compass

    DRE #01939553

Property Details for 1164 North Rowan Avenue

Zoning
LCR3YY
Parcel Number
5228027008
Total Units
2.0
Living Area
2545
Source Living Area
Vendor Enhanced
Area
East LA
Vacancy Rate
0
Lot Size Area
7225

Location

Listing Courtesy of Compass, Bobby Rodriguez, DRE #01939553
Add your commute
LISTING UPDATED: 05/31/2024 06:19 PM

Property Details for 1164 North Rowan Avenue

StatusActive Under Contract
MLS #24-393993
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.17 AC / 7,225 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Bobby Rodriguez, DRE #01939553
Add your commute

Building Information for 1164 North Rowan Avenue

Stories1Residences-Year Built1927Building Size-Lot Size0.17 AC / 7,225 SF

Payment Calculator

$5,711 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$805

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1164 North Rowan Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Side By Side
  • View: Yes
  • View Description: City
  • View: City Lights
  • Direction Faces: West
  • Property Condition: Updated/Remodeled, Additions/Alter
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $74,400
  • Net Operating Income: $56,454.00
  • Gross Income: $6,200
  • Cap Rate: 8.20%
  • Gross Rent Multiplier: $146.00
  • Actual Annual Gross Rent: $74,400.00
  • Actual Gross Annual Income: $0
  • Actual Rent Total: $.00
  • Total Annual Expense: 190
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.1659
  • Lot Size Square Feet: 7225
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Vinyl, Ceramic Tile
  • Equipment: Gas Dryer Hookup
  • Cooking Appliances: None
  • Laundry: In Kitchen
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Asphalt
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-20-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $315,353.00
  • Assessed Improvement Percent: 44.44
  • Assessed Land Value: $394,191.00
  • Assessed Land Percent: 55.56
  • Assessed Total Value: $709,544.00

Property History for 1164 North Rowan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1164 North Rowan Avenue

Taxable ValueLand$394,191Additions$315,793Total$709,984
Tax Record2023$9,663 ($805 / month)
Home Facts
Total Finished SqFt2,545 SqFtAbove Grade Finished SqFt2,545 SqFtLot Size7,223 SqFtStyleDuplexYear Built1927ZoningLCR3YYCountyLOS ANGELESAPN5228-027-008

Schools near 1164 North Rowan Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harrison Street Elementary School
PublicK to 6

James A. Garfield Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Bobby Rodriguez, DRE #01939553

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.