1627 Leighton Avenue

Los Angeles, CA 90062

$819,000
Price
6
Beds
4
Baths
1,616 Sq. Ft.
$507 / Sq. Ft.
1,616
Sq. Ft.
$507
per Sq. Ft.

Description

Explore the Potential at 1627 Leighton Ave - Your Residential Income Property Awaits! Invest with Confidence! 1627 Front House:
3 Bedrooms, 1.5 Baths
Completely Renovated: New Flooring, Granite Counters
Convenient Inside Laundry
New Windows for Energy Efficiency
Rents for $2,500 per month
Your Gateway to Luxury Living! 1629 Middle House:
2 Bedrooms, 1 Bath
Upgraded with New Windows & Granite Counters
Gas Heater for Comfort
Rents for $1,300 per month
Stability Meets Style! 1627 1/2 Rear ADU:
1 Bedroom, 1 Bath
...Explore the Potential at 1627 Leighton Ave - Your Residential Income Property Awaits! Invest with Confidence! 1627 Front House:
3 Bedrooms, 1.5 Baths
Completely Renovated: New Flooring, Granite Counters
Convenient Inside Laundry
New Windows for Energy Efficiency
Rents for $2,500 per month
Your Gateway to Luxury Living! 1629 Middle House:
2 Bedrooms, 1 Bath
Upgraded with New Windows & Granite Counters
Gas Heater for Comfort
Rents for $1,300 per month
Stability Meets Style! 1627 1/2 Rear ADU:
1 Bedroom, 1 Bath
Spacious Living Room & Kitchen, Recent build, recessed Lights, very clean unit
Versatile ADU with lots of Potential
Rents for $1,500 per month
Ideal for Extended Family or Extra Income! Fourth building is a storage building. What secrets does this income property hold? The allure of modern upgrades, stable rental income, and an recent built ADU are ready to be uncovered. Whether you're an investor seeking returns or a homeowner with a vision, 1627 Leighton Ave offers endless possibilities. Ready to make your mark in the world of real estate? This property is your canvas for financial growth. Contact our real estate expert today to schedule a viewing and explore the full potential of 1627 Leighton Ave. Invest wisely. Invest in 1627 Leighton Ave! All Information Deemed Reliable but Not Guaranteed. Buyers and Buyer's Agent to investigate all information to Buyer's Satisfaction.
  1. Listed by Fernando Reza • DRE #01451616 • Brokerage DRE #01970316 • KELLER WILLIAMS COVINA • 626-388-5518

Property Details for 1627 Leighton Avenue

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1616
Assessor Parcel Number
5035-016-024

Location

Listing Courtesy of KELLER WILLIAMS COVINA, Fernando Reza, DRE #01451616
Add your commute
LISTING UPDATED: 04/16/2024 02:34 AM

Property Details for 1627 Leighton Avenue

StatusActive Under Contract
MLS #CV23182348
Days on Market194
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.12 AC / 5,434 SF
CountyLos Angeles County

Location

Listing Courtesy of KELLER WILLIAMS COVINA, Fernando Reza, DRE #01451616
Add your commute

Building Information for 1627 Leighton Avenue

Stories1Residences-Year Built1914Building Size-Lot Size0.12 AC / 5,434 SF

Payment Calculator

$5,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,470

Property Taxes

$673

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1627 Leighton Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $100,200
  • Gross Scheduled Income: $100,200
  • Net Operating Income: $58,640
  • Cap Rate: 7.15
Expense Details
  • Operating Expense: $4,960
  • Fuel Expense: $0
  • Electric Expense: $1,020
  • Insurance Expense: $1,900
  • Trash Expense: $1,020
  • Water Sewer Expense: $1,020
  • Total Expenses: $4,960
Tax / Assessment Info
  • Tax Tract Number: 1252
  • Tax Census Tract: 2314.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 242
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 2
  • Other Structures: Storage, Workshop
  • Property Condition: Turnkey, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,850
  • Unit Type Total Rent: $3,850
  • Unit Type Pro Forma: 3750
  • 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: 0
  • Unit Type Actual Rent: $2,750
  • Unit Type Total Rent: $2,750
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1627 Leighton 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 1627 Leighton Avenue

Taxable ValueLand$460,134Additions$185,937Total$646,071
Tax Record2023$8,072 ($673 / month)
Home Facts
Total Finished SqFt1,616 SqFtAbove Grade Finished SqFt1,616 SqFtLot Size5,434 SqFtStyleDuplexYear Built1914ZoningLAR2CountyLOS ANGELESAPN5035-016-024

Schools near 1627 Leighton Avenue

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

Barack Obama Global Preparation Academy
Public6 to 9

Public Policy Charter
Charter5 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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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 COVINA, Fernando Reza, DRE #01451616

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.