1637 South Highland Avenue

Los Angeles, CA 90019

$1,395,000
Price
4
Beds
3
Baths
2,676 Sq. Ft.
$521 / Sq. Ft.
2,676
Sq. Ft.
$521
per Sq. Ft.

Description

Looking for a property that can help cover your mortgage and owner occupant can get a 20k grant?! , well then welcome to these well-maintained Spanish-style units, featuring ONE VACANT UNIT- a fantastic opportunity for both owner-users and savvy investors. The front duplex comprises identical 2-bed 1-bath units PLUS an office, boasting hardwood floors and ample natural light. Each unit offers an open floor plan with a spacious living room, dining area, updated kitchen, and laundry room. The back...Looking for a property that can help cover your mortgage and owner occupant can get a 20k grant?! , well then welcome to these well-maintained Spanish-style units, featuring ONE VACANT UNIT- a fantastic opportunity for both owner-users and savvy investors. The front duplex comprises identical 2-bed 1-bath units PLUS an office, boasting hardwood floors and ample natural light. Each unit offers an open floor plan with a spacious living room, dining area, updated kitchen, and laundry room. The back STUDIO unit is currently tenant-occupied. For those keen on maximizing value, there's ample space to build one or more ADUs and the potential to convert existing units into an ADU and Jr. ADU, thereby increasing rental income. Remodeled in 2016, upgrades include new plumbing, electrical, roof, flooring, and updated kitchens and baths. Each unit includes a dishwasher, and washer/dryer (front units), and all bedrooms include ceiling fans (in addition to AC/Heat). Located in the heart of Mid-City, adjacent to sought-after residential neighborhoods like Lafayette Square and Country Club Park, this property offers easy access to the I-10 and I-110 freeways, and is conveniently close to public transportation, making commuting effortless. Just minutes from vibrant Koreatown, residents will enjoy many amenities, including fine dining, entertainment, and shopping centers.
  1. Listed by Elizabeth C. Layne • DRE #01415795 • Brokerage DRE #01050989 • RE/MAX ESTATE PROPERTIES

Property Details for 1637 South Highland Avenue

Zoning
LARD1.5
Style
Spanish
Cross Streets
La Brea and Venice
Parcel Number
5067005007
Total Units
3.0
Living Area
2676
Source Living Area
Other
Area
Mid Los Angeles (C16)

Open Houses

Sunday, May 5th

2:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Elizabeth C. Layne, DRE #01415795
Add your commute
LISTING UPDATED: 05/02/2024 12:46 PM

Property Details for 1637 South Highland Avenue

StatusActive
MLS #24-381655
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1931
Lot Size0.14 AC / 6,253 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Elizabeth C. Layne, DRE #01415795
Add your commute

Virtual Tour

Building Information for 1637 South Highland Avenue

Stories2Residences-Year Built1931Building Size-Lot Size0.14 AC / 6,253 SF

Payment Calculator

$8,474 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$861

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1637 South Highland Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 3
  • View: No
  • View Description: None
  • View: None
  • Security Features: Window Bars, Gated
  • Direction Faces: East
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Owner May Carry, Cash To Existing Loan, Cash, Cash To New Loan, FHA
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $83,340
  • Net Operating Income: $.00
  • Gross Income: $6,945
  • Gross Rent Multiplier: $16.70
  • Owner Pays: Water
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1435
  • Lot Size Square Feet: 6253
Parking Details
Parking Details
  • Parking Garage: Unassigned, Garage - 1 Car
  • Total Parking: 4
  • Parking Features: Unassigned, Garage - Single Door
Interior Features
Interior Features
  • Room Type: Den, Recreation
  • Rooms: Den/Office, Den, Breakfast Area, Rec Room, Study/Office
  • Levels: Two
  • Den: Yes
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood, Ceramic Tile
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Stackable W/D Hookup, Washer, Refrigerator, Range/Oven
  • Interior Features: Cathedral-Vaulted Ceilings, Recessed Lighting, Pre-wired for high speed Data, Laundry - Closet Stacked, Open Floor Plan
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters
  • Kitchen Features: Galley Kitchen, Remodeled, Stone Counters
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Remodeled
  • Cooking Appliances: Microwave, Oven-Gas, Free Standing Gas
  • Laundry: Laundry Area, Room
  • Laundry Equipment: Own
  • Volt220 Location: 220V Throughout
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-18-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $3,000.00
  • 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: $3,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,345.00
  • Unit Actual Rent: $1,345.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $256,009.00
  • Assessed Improvement Percent: 31.03
  • Assessed Land Value: $568,913.00
  • Assessed Land Percent: 68.97
  • Assessed Total Value: $824,922.00

Property History for 1637 South Highland 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 1637 South Highland Avenue

Taxable ValueLand$568,913Additions$256,009Total$824,922
Tax Record2023$10,335 ($861 / month)
Home Facts
Total Finished SqFt2,396 SqFtAbove Grade Finished SqFt2,396 SqFtLot Size6,251 SqFtStyleDuplexYear Built1931ZoningLARD1.5CountyLOS ANGELESAPN5067-005-007

Schools near 1637 South Highland Avenue

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
Charter - 6 to 8
Rating
School
Distance
Alta Loma Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles 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.

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.

1637 South Highland Avenue is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on April 18, 2024 by RE/MAX ESTATE PROPERTIES, it's currently listed at $1,395,000. It has been on the market for a total of 16 days and was last sold on March 16, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Alta Loma Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 1637 South Highland Avenue is a 4-bed, 3-bath, 2,676 sqft multi-family home built in 1931.

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 RE/MAX ESTATE PROPERTIES, Elizabeth C. Layne, DRE #01415795

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.