1371 Masselin Avenue

Los Angeles, CA 90019

$1,500,000
Price
4
Beds
2
Baths
2,525 Sq. Ft.
$594 / Sq. Ft.
2,525
Sq. Ft.
$594
per Sq. Ft.

Description

1371 Masselin Ave. offers a prime Mid-City Duplex zoned LAR-2, this investment property sits on a 5,570 sq. ft. lot per assessor. Each unit has 2 bedrooms and 1 bathroom. It also offers a 3 car garage & an oversized attached carport for 5 additional cars. Each unit has an indoor laundry area. Selling As Is. One unit will be delivered vacant the other has a long term tenant. Must be shown by appointment only. Additionally, it is centrally located near freeway access, restaurants, and shopping centers....1371 Masselin Ave. offers a prime Mid-City Duplex zoned LAR-2, this investment property sits on a 5,570 sq. ft. lot per assessor. Each unit has 2 bedrooms and 1 bathroom. It also offers a 3 car garage & an oversized attached carport for 5 additional cars. Each unit has an indoor laundry area. Selling As Is. One unit will be delivered vacant the other has a long term tenant. Must be shown by appointment only. Additionally, it is centrally located near freeway access, restaurants, and shopping centers. It is also adjacent to Beverly Hills, Beverlywood, & Hancock Park. Please do not disturb owners or occupants. For further details please contact the listing brokers.
  1. Listed by Kerri Jones • DRE #01234530 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 1371 Masselin Avenue

Zoning
LAR2
Style
Spanish Colonial
Cross Streets
Pico Blve & S. SierraBonita Ave.
Parcel Number
5085029037
Total Units
2.0
Living Area
2525
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)

Location

Listing Courtesy of eXp Realty of California Inc, Kerri Jones, DRE #01234530
Add your commute
LISTING UPDATED: 02/05/2024 01:10 PM

Property Details for 1371 Masselin Avenue

StatusActive
MLS #24-352809
Days on Market95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.13 AC / 5,570 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of California Inc, Kerri Jones, DRE #01234530
Add your commute

Building Information for 1371 Masselin Avenue

Stories-Residences-Year Built1927Building Size-Lot Size0.13 AC / 5,570 SF

Payment Calculator

$8,289 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$103

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1371 Masselin Avenue

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: 1
  • Type Of Units: 2 Bed 1 Bath
  • View: No
  • View Description: None
  • View: None
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Property Condition: No Additions/Alter
  • Water: District
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: Submit
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $23,676
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1279
  • Lot Size Square Feet: 5570
Parking Details
Parking Details
  • Parking Garage: Attached, Covered Parking, Driveway, Carport Attached, Garage - 3 Car, Garage Is Detached, Private Garage, Driveway - Combination
  • Total Parking: 8
  • Covered Parking: 3
  • Open Other Spaces Total: 5
  • Garage Spaces Total: 3
  • Carport Spaces Total: 5
  • Parking Features: Covered, Driveway, Attached Carport, Garage - Three Door, Private, Driveway - Combination
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Living Room, Primary Bathroom
  • Rooms: Breakfast Area, Living Room, Master Bedroom
  • Levels: Two
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Other
  • Heating Type: Other
  • Flooring: Carpet, Linoleum, Tile
  • Equipment: Dishwasher, Gas Dryer Hookup, Garbage Disposal, Range/Oven, Water Line to Refrigerator
  • Interior Features: Storage Space
  • Room Kitchen Features: Tile Counters
  • Kitchen Features: Tile Counters
  • Room Bathroom Features: Tile Counters
  • Bathroom Features: Shower Over Tub, Tile
  • Bedroom Features: 2 Master Bedrooms, Master Bedroom, Ground Floor Master, Main Floor Bedroom, Main Floor Master Bedroom
  • Cooking Appliances: Gas
  • Laundry: Laundry Area
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Spanish Tile
  • Sprinklers: Sprinkler Timer
  • Patio Features: Porch
  • Entry Location: Ground Level w/steps
  • Windows: Custom Window Covering, Screens, Window Shutters
  • New Construction: No
  • Other Structural Features: Historical, Sprinkler System
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-30-2024
  • Listing Terms: Contract, Submit, Take Property As Is, Other, Cash
  • Tenant Pays: Other
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $1,973.00
  • Unit Projected Rent: $4,000.00
  • 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: $4,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $26,601.00
  • Assessed Improvement Percent: 34.65
  • Assessed Land Value: $50,164.00
  • Assessed Land Percent: 65.35
  • Assessed Total Value: $76,765.00

Property History for 1371 Masselin 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 1371 Masselin Avenue

Taxable ValueLand$50,164Additions$26,601Total$76,765
Tax Record2023$1,233 ($103 / month)
Home Facts
Total Finished SqFt2,525 SqFtAbove Grade Finished SqFt2,525 SqFtLot Size5,568 SqFtStyleDuplexYear Built1927ZoningLAR2CountyLOS ANGELESAPN5085-029-037

Schools near 1371 Masselin Avenue

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

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 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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1371 Masselin Avenue is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on January 27, 2024 by eXp Realty of California Inc, it's currently listed at $1,500,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Saturn Street Elementary School, Emerson Community Charter School and Fairfax Senior High School. 1371 Masselin Avenue is a 4-bed, 2-bath, 2,525 sqft multi-family home built in 1927.

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 eXp Realty of California Inc, Kerri Jones, DRE #01234530

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.