422 North Townsend Avenue

Los Angeles, CA 90063

$750,000
Price
5
Beds
2
Baths
1,827 Sq. Ft.
$411 / Sq. Ft.
1,827
Sq. Ft.
$411
per Sq. Ft.

Description

Presenting this wonderful opportunity to purchase this 2 unit property with a detached garage (Possible ADU) in East Los Angeles, an unincorporated area of Los Angeles. This property is centrally located and sits right below City Terrace, boardering Boyle Hieghts and surrounded by shops, restaurants, grocery stores, places of worship, schools and freeways for your daily commute. The front unit has a formal living room, dining room, spacious kitchen, laundry room/area, 3 bedrooms and 1 bathroom. The...Presenting this wonderful opportunity to purchase this 2 unit property with a detached garage (Possible ADU) in East Los Angeles, an unincorporated area of Los Angeles. This property is centrally located and sits right below City Terrace, boardering Boyle Hieghts and surrounded by shops, restaurants, grocery stores, places of worship, schools and freeways for your daily commute. The front unit has a formal living room, dining room, spacious kitchen, laundry room/area, 3 bedrooms and 1 bathroom. The rear unit has a living room, kitchen/dining room, laundry area, 2 bedrooms and 1bathroom. The front unit is in need of some repairs and upgrades like an updated kithen. The rear unit is also in need of some repairs like paint and flooring throughout but also needs an updated kitchen and bathroom. The property sits on a 7,251 sqft lot that provides plenty of parking for the residents. The 2 car garage can possibly be turned into a legal ADU for rental income. The property is priced according to its condtion giving potential buyers an incentive an opportunity to make this property their own by updating both units occording to their liking and style.
  1. Listed by Alvaro "Al" Santillan • DRE #01428075 • Brokerage DRE #01280965 • Century 21 Allstars

Property Details for 422 North Townsend Avenue

Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1827
Assessor Parcel Number
5232-005-034

Location

Listing Courtesy of Century 21 Allstars, Alvaro "Al" Santillan, DRE #01428075
Add your commute
LISTING UPDATED: 06/06/2024 03:24 AM

Property Details for 422 North Townsend Avenue

StatusActive
MLS #DW24089935
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1909
Lot Size0.17 AC / 7,253 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Allstars, Alvaro "Al" Santillan, DRE #01428075
Add your commute

Building Information for 422 North Townsend Avenue

Stories1Residences-Year Built1909Building Size-Lot Size0.17 AC / 7,253 SF

Payment Calculator

$4,393 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$300

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 422 North Townsend Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $33,300
  • Gross Scheduled Income: $40,800
  • Net Operating Income: $35,800
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $5,000
  • Insurance Expense: $2,500
  • Trash Expense: $0
  • Total Expenses: $2,500
Tax / Assessment Info
  • Tax Block: E
  • Tax Tract Number: 00000
  • Tax Census Tract: 5309.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 33
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Lot 6500-9999
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage Faces Front
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 422 North Townsend 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 422 North Townsend Avenue

Taxable ValueLand$99,575Additions$100,466Total$200,041
Tax Record2023$3,595 ($300 / month)
Home Facts
Total Finished SqFt1,827 SqFtAbove Grade Finished SqFt1,827 SqFtLot Size7,251 SqFtStyleDuplexYear Built1909ZoningLCR2*CountyLOS ANGELESAPN5232-005-034

Schools near 422 North Townsend Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Belvedere Elementary School
PublicK to 5

Belvedere Middle School
Public6 to 8

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.

422 North Townsend Avenue is a multi-family home for sale in Los Angeles, CA 90063. This property was listed for sale on May 8, 2024 by Century 21 Allstars, it's currently listed at $750,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Belvedere Elementary School, Belvedere Middle School and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 422 North Townsend Avenue is a 5-bed, 2-bath, 1,827 sqft multi-family home built in 1909.

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 Century 21 Allstars, Alvaro "Al" Santillan, DRE #01428075

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.