1132 North Ave 56

Highland Park, CA 90042

$1,375,000
Price
6
Beds
4
Baths
3,191 Sq. Ft.
$431 / Sq. Ft.
3,191
Sq. Ft.
$431
per Sq. Ft.

Description

Located in one of LA's terrific up and coming enclaves, Highland Park offers an eclectic mix of restaurants, stores and services along York Avenue & Figueroa Street. From noodles to donuts, a great meal awaits! Commuters will beat the traffic with the Highland Park Station only a 4 minute drive or 16 minute walk away. This attractive Triplex offers the best of both worlds. The front original duplex offers two identical floorplans with a downstairs and upstairs unit. Each unit has a covered front...Located in one of LA's terrific up and coming enclaves, Highland Park offers an eclectic mix of restaurants, stores and services along York Avenue & Figueroa Street. From noodles to donuts, a great meal awaits! Commuters will beat the traffic with the Highland Park Station only a 4 minute drive or 16 minute walk away. This attractive Triplex offers the best of both worlds. The front original duplex offers two identical floorplans with a downstairs and upstairs unit. Each unit has a covered front balcony, spacious living room, spacious dining room, 2 spacious bedrooms and a separate laundry/utility room as well. They feature the Spanish architecture style of plaster walls, light sconces and archway transitions including hardwood floors. These units have 1 bathroom with art deco tile colors and styles. The back unit is new construction built approximately 5 years ago. This individual freestanding home includes upgraded modern appliances and finishes and features 2 full bathrooms and 2 spacious bedrooms, an open floorplan with a high ceiling with sky light, kitchen island, large built in curio cabinet, modern wood floors, enclosed laundry and custom interior doors. It also has a small backyard area and access to a raised composite deck. Each unit has an enclosed single car garage with electric opener and the back home also has its' own parking space. The back home will be delivered available creating the opportunity for market rent. Treat this as an adu Use the back home as an owner user with income from the other 2 rentals.
  1. Listed by Richard Kato • DRE #00775573 • Brokerage DRE #01406566 • Keller Williams Realty • 714-745-7890

Property Details for 1132 North Ave 56

Parking Spaces Total
3
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3191
Assessor Parcel Number
5478-026-011

Location

Listing Courtesy of Keller Williams Realty, Richard Kato, DRE #00775573
Add your commute
LISTING UPDATED: 06/14/2024 11:31 PM

Property Details for 1132 North Ave 56

StatusActive
MLS #IG24121272
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.14 AC / 6,309 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty, Richard Kato, DRE #00775573
Add your commute

Building Information for 1132 North Ave 56

Stories2Residences-Year Built1923Building Size-Lot Size0.14 AC / 6,309 SF

Payment Calculator

$8,508 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,504

Property Taxes

$1,004

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1132 North Ave 56

Income / Expense / Tax Details
Income Details
  • Gross Income: $69,204
  • Gross Scheduled Income: $69,204
  • Vacancy Allowance: 0
  • Gross Operating Income: $69,204
  • Net Operating Income: $43,790
Expense Details
  • Operating Expense: $25,414
  • Insurance Expense: $4,000
  • Other Expense: $2,400
  • Other Expense Description: H20 Swr
  • Trash Expense: $0
  • Total Expenses: $6,400
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 2
  • Tax Census Tract: 1832.20
  • CFD/Mello-Roos Fee: $412
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Gas Cooktop
  • Equipment: Dryer, Dryer Included, Inside, Room, Washer, Washer Included
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Floor Furnace, Wall
  • Heating: Central, Floor Furnace, Wall Furnace
  • Heat Equipment: Floor Furnace
Exterior Features
  • Entry Location: street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $991
  • Unit Type Total Rent: $991
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,812
  • Unit Type Total Rent: $1,812
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,964
  • Unit Type Total Rent: $2,964
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number With Range: 3
  • Number With Disposal: 3

Property History for 1132 North Ave 56

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1132 North Ave 56

Taxable ValueLand$701,660Additions$268,105Total$969,765
Tax Record2023$12,043 ($1,004 / month)
Home Facts
Total Finished SqFt3,191 SqFtAbove Grade Finished SqFt3,191 SqFtLot Size6,303 SqFtStyleTriplexYear Built1923ZoningLARD1.5CountyLOS ANGELESAPN5478-026-011

Schools near 1132 North Ave 56

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

Benjamin Franklin Senior High School
Public6 to 12

Highland Park Continuation School
Public9 to 12

Luther Burbank 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.

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1132 North Ave 56 is a multi-family home for sale in Highland Park, CA 90042. This property was listed for sale on June 12, 2024 by Keller Williams Realty, it's currently listed at $1,375,000. It has been on the market for a total of 31 days and was last sold on October 20, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Yorkdale Elementary School, Benjamin Franklin Senior High School and Highland Park Continuation School. 1132 North Ave 56 is a 6-bed, 4-bath, 3,191 sqft multi-family home built in 1923.

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 Keller Williams Realty, Richard Kato, DRE #00775573

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.