1023 North La Jolla Avenue

West Hollywood, CA 90046

$2,800,000
Last Sold Price
6
Beds
4
Baths
3,265 Sq. Ft.
$858 / Sq. Ft.
3,265
Sq. Ft.
$858
per Sq. Ft.

Description

Gorgeous 1926 Contemporary Mediterranean Duplex nestled on one of WeHo's most premier tree lined streets. Meticulously maintained and being priced at a 4.6 cap rate, each expansive, side-by-side, 2-story townhome style unit boasts 3 bedrooms, 2 baths, thoughtfully curated finishes throughout, hardwood floors and chef kitchens and laundry facilities with LG appliances. The large +/-6550sqft gated lot features mature hedges that frame a professionally designed front and backyard landscape with plenty...Gorgeous 1926 Contemporary Mediterranean Duplex nestled on one of WeHo's most premier tree lined streets. Meticulously maintained and being priced at a 4.6 cap rate, each expansive, side-by-side, 2-story townhome style unit boasts 3 bedrooms, 2 baths, thoughtfully curated finishes throughout, hardwood floors and chef kitchens and laundry facilities with LG appliances. The large +/-6550sqft gated lot features mature hedges that frame a professionally designed front and backyard landscape with plenty of room for a pool. The garage was built in 2015 to include drainage, gas and water lines for possible ADU space and/or office/studio. Ample parking and close distance to WeHo's best restaurants, shopping and services. Extremely strong rental history puncuates this jewel on La Jolla. Please do not disturb the tenants. Contact listing agent for details.
  1. Listed by Travis Parker • DRE #01915398 • Brokerage DRE #00824452 • Sotheby's International Realty

Property Details for 1023 North La Jolla Avenue

Zoning
WDR2*
Style
Contemporary Mediterranean
Cross Streets
Santa Monica and La Jolla
Parcel Number
5529013017
Total Units
2.0
Living Area
3265
Source Living Area
Vendor Enhanced
Area
West Hollywood Vicinity (C10)

Location

Listing Courtesy of Sotheby's International Realty, Travis Parker, DRE #01915398

Sold By Compass, Erika Kort, DRE #02132838; Official, Alexa Kort, DRE #02054501

Add your commute
LISTING UPDATED: 06/06/2023 06:00 PM

Property Details for 1023 North La Jolla Avenue

StatusSold
MLS #23-267555
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.15 AC / 6,550 SF
CountyLos Angeles County

Location

Listing Courtesy of Sotheby's International Realty, Travis Parker, DRE #01915398

Sold By Compass, Erika Kort, DRE #02132838; Official, Alexa Kort, DRE #02054501

Add your commute

Building Information for 1023 North La Jolla Avenue

Stories2Residences-Year Built1926Building Size-Lot Size0.15 AC / 6,550 SF

Payment Calculator

$18,030 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

$2,749

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1023 North La Jolla Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • View: Yes
  • View Description: Walk Street, Tree Top, Courtyard
  • View: Courtyard
  • Security Features: Gated, Smoke Detector, Prewired for alarm system, Exterior Security Lights
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
  • Water Heater Features: Tankless
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $160,800
  • Net Operating Income: $121,675.00
  • Gross Income: $160,800
  • Cap Rate: 4.60%
  • Gross Rent Multiplier: $16.50
  • Actual Annual Gross Rent: $160,800.00
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 39125
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6550
Parking Details
Parking Details
  • Parking Garage: Garage, Gated, Driveway
  • Total Parking: 4
  • Covered Parking: 2
  • Parking Features: Garage, Gated, Driveway
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Cable, Dishwasher, Range/Oven, Refrigerator
  • Cooking Appliances: Convection Oven
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: Room For
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-10-2023
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Cable TV, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $6,400.00
  • Unit Actual Rent: $6,400.00
  • Unit Projected Rent: $7,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $7,000.00
  • Unit Actual Rent: $7,000.00
  • Unit Projected Rent: $7,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Dishwasher: 2
  • Number of Disposal: 2
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 2
  • Number Patio: 2
  • Number Range: 2
  • Number Refrigerator: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $956,250.00
  • Assessed Land Value: $1,428,000.00

Property History for 1023 North La Jolla 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 1023 North La Jolla Avenue

Taxable ValueLand$1,592,959Additions$1,066,712Total$2,659,671
Tax Record2023$32,986 ($2,749 / month)
Home Facts
Total Finished SqFt3,265 SqFtAbove Grade Finished SqFt3,265 SqFtLot Size6,550 SqFtStyleDuplexYear Built1926ZoningWDR2*CountyLOS ANGELESAPN5529-013-017

Schools near 1023 North La Jolla Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation 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 Sotheby's International Realty, Travis Parker, DRE #01915398

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.