1345 Seward Street

Los Angeles, CA 90028

$1,365,000
Last Sold Price
4
Beds
3
Baths
2,394 Sq. Ft.
$570 / Sq. Ft.
2,394
Sq. Ft.
$570
per Sq. Ft.

Description

Showing: Sunday Aug 30th 1pm-3 pm (please wear masks): PRICE REDUCED! 3D Virtual Tour Available! Looking for a vacant AND renovated duplex in the heart of Hollywood that also has development potential? Excellent Opportunity for Owner Users, Investors, or Developers in PRIME Hollywood! 2 separate homes on a spacious RD 1.5 zoned lot! Live in one unit and rent the other to help cover the mortgage! Each home has its own yard. Front home has a sleek Mid Century feel with fireplace + open kitchen to living...Showing: Sunday Aug 30th 1pm-3 pm (please wear masks): PRICE REDUCED! 3D Virtual Tour Available! Looking for a vacant AND renovated duplex in the heart of Hollywood that also has development potential? Excellent Opportunity for Owner Users, Investors, or Developers in PRIME Hollywood! 2 separate homes on a spacious RD 1.5 zoned lot! Live in one unit and rent the other to help cover the mortgage! Each home has its own yard. Front home has a sleek Mid Century feel with fireplace + open kitchen to living area + a bonus room, could be office or storage. Back house charming with privacy + 2 baths. Lot is approximately 7500 sqft, meaning a developer can build 5 units by right or up to 7 units utilizing TOC regulations. Property is also located within a qualified opportunity zone! (potential tax incentives for new construction) Duplex is walking distance to all Hollywood has to offer: Shopping, entertainment, restaurants, transportation! Lots of options here! Buyer to verify zoning with city
  1. Listed by Daniel Shamooelian • DRE #01984269 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 1345 Seward Street

Zoning
LARD1.5
Parcel Number
5547029006
Total Units
2.0
Living Area
2394
Source Living Area
Assessor
Area
Hollywood (C20)
Vacancy Rate
0
Lot Size Area
7499

Location

Listing Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian, DRE #01984269

Sold By Keller Williams Realty Westside, Eliza Kerndian, DRE #01398836

Add your commute
LISTING UPDATED: 09/28/2023 04:11 PM

Property Details for 1345 Seward Street

StatusSold
MLS #20-584974
Days on Market53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1917
Lot Size0.17 AC / 7,499 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian, DRE #01984269

Sold By Keller Williams Realty Westside, Eliza Kerndian, DRE #01398836

Add your commute

Virtual Tour

Building Information for 1345 Seward Street

Stories-Residences-Year Built1917Building Size-Lot Size0.17 AC / 7,499 SF

Payment Calculator

$8,901 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,449

Property Taxes

$1,452

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1345 Seward Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Standard
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: $94,800
  • Net Operating Income: $77,300.00
  • Gross Income: $94,800
  • Cap Rate: 5.33%
  • Gross Rent Multiplier: $15.30
  • Total Annual Expense: 17500
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7499
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Tandem
  • Total Parking: 2
  • Parking Features: Tandem Garage
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-02-2020
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,000.00
  • Unit Actual Rent: $4,000.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,900.00
  • Unit Actual Rent: $3,900.00
  • Unit Projected Rent: $3,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $423,300.00
  • Assessed Improvement Percent: 29.96
  • Assessed Land Value: $989,400.00
  • Assessed Land Percent: 70.04
  • Assessed Total Value: $1,412,700.00

Property History for 1345 Seward Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1345 Seward Street

Taxable ValueLand$936,360Additions$483,786Total$1,420,146
Tax Record2023$17,426 ($1,452 / month)
Home Facts
Total Finished SqFt2,394 SqFtAbove Grade Finished SqFt2,394 SqFtLot Size7,499 SqFtStyleDuplexYear Built1917ZoningLARD1.5CountyLOS ANGELESAPN5547-029-006

Schools near 1345 Seward Street

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 - K to 5
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Selma Avenue Elementary School
PublicK to 5

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

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Similar Sold Homes

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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 Beverly Hills, Daniel Shamooelian, DRE #01984269

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.