1647 South Holt Avenue

Los Angeles, CA 90035

$1,895,000
Price
4
Beds
2
Baths
2,957 Sq. Ft.
$641 / Sq. Ft.
2,957
Sq. Ft.
$641
per Sq. Ft.

Description

100% vacant! 1647 S Holt Ave, an exquisite duplex located in the highly sought-after Pico-Robertson neighborhood! This stunning property offers two spacious 2-bedroom, 1-bathroom units and will be delivered 100% vacant, providing endless possibilities for its fortunate new owner. Combining the charm of 1930's Spanish-style architecture with modern renovations, this remarkable property is truly exceptional. Among its numerous upgrades are upgraded electrical systems, copper plumbing, central AC &...100% vacant! 1647 S Holt Ave, an exquisite duplex located in the highly sought-after Pico-Robertson neighborhood! This stunning property offers two spacious 2-bedroom, 1-bathroom units and will be delivered 100% vacant, providing endless possibilities for its fortunate new owner. Combining the charm of 1930's Spanish-style architecture with modern renovations, this remarkable property is truly exceptional. Among its numerous upgrades are upgraded electrical systems, copper plumbing, central AC & heat upstairs, new spanish tiled roof, remodeled wood burning fireplaces, new permitted HVAC(furnace), new sewer lines, updated landscaping and a fully entitled recreation room with a bathroom and wet bar. Additionally, each unit is equipped with its own in-unit washer and dryer hookups, offering added convenience and luxury. The expansive lot of 6,381 square feet perfectly complements the building's 2,957 rentable square feet, providing ample space and endless potential. The backyard also includes a separate building that holds immense promise. Currently entitled as a recreation room, the building can be left as is, or it can easily be transformed into an Accessory Dwelling Unit (ADU) (Buyer to Verify). This would offer the opportunity for additional rental income or a flexible space for various purposes, such as a home office, gym, or guest quarters. Whether you're an investor seeking a lucrative income property, a multi-generational family in need of separate living quarters, or an owner-occupant desiring to rent out the other unit, this property caters to diverse needs. Situated in the desirable Pico-Robertson neighborhood, you'll enjoy convenient access to a wide array of amenities, including restaurants, shops, parks, and entertainment options. This prime location offers a desirable blend of convenience and tranquility, making it one of Los Angeles' most coveted places to call home. Don't miss out on the chance to own this extraordinary duplex, featuring spacious living areas, modern upgrades, ADU potential, with the gorgeous charm of Spanish-style architecture. Embrace this opportunity to create your dream home or investment property in one of the most sought-after neighborhoods in Los Angeles. Please Do Not Disturb The Tenants(Family Still Occupying Upstairs Unit).
  1. Listed by Chase Simonton • DRE #01766871 • Brokerage DRE #00590104 • RE/MAX One
  2. Listed by Robert Carlile • DRE #02066811 • Brokerage DRE #00590104 • RE/MAX One

Property Details for 1647 South Holt Avenue

Zoning
LAR2
Style
Spanish
Parcel Number
4303013070
Total Units
2.0
Living Area
2957
Source Living Area
Assessor
Area
Beverlywood Vicinity (C09)
Vacancy Rate
100%

Location

Listing Courtesy of RE/MAX One, Chase Simonton, DRE #01766871; RE/MAX One, Robert Carlile, DRE #02066811
Add your commute
LISTING UPDATED: 03/25/2024 12:06 PM

Property Details for 1647 South Holt Avenue

StatusActive
MLS #24-367211
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.15 AC / 6,318 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX One, Chase Simonton, DRE #01766871; RE/MAX One, Robert Carlile, DRE #02066811
Add your commute

Building Information for 1647 South Holt Avenue

Stories2Residences-Year Built1930Building Size-Lot Size0.15 AC / 6,318 SF

Payment Calculator

$10,911 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,342

Property Taxes

$569

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1647 South Holt Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Duplex
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: $122,400
  • Net Operating Income: $79,623.00
  • Gross Income: $122,400
  • Gross Rent Multiplier: $15.48
  • Total Annual Expense: 39105
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1451
  • Lot Size Square Feet: 6318
Parking Details
Parking Details
  • Parking Garage: Private Garage, Garage - 2 Car
  • Total Parking: 2
  • Parking Features: Private, Garage - Two Door
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Type: Central, Wall/Window
  • Heating: Central, Combination
  • Heating Type: Central, Combination
  • Equipment: Stackable W/D Hookup
  • Laundry: Stackable
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 03-11-2024
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: 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 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $188,053.00
  • Assessed Improvement Percent: 35.18
  • Assessed Land Value: $346,565.00
  • Assessed Land Percent: 64.82
  • Assessed Total Value: $534,618.00

Property History for 1647 South Holt 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 1647 South Holt Avenue

Taxable ValueLand$346,565Additions$188,053Total$534,618
Tax Record2023$6,824 ($569 / month)
Home Facts
Total Finished SqFt2,957 SqFtAbove Grade Finished SqFt2,957 SqFtLot Size6,318 SqFtStyleDuplexYear Built1930ZoningLAR2CountyLOS ANGELESAPN4303-013-070

Schools near 1647 South Holt 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
Public - 6 to 12
Rating
School
Distance
Daniel Webster Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

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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1647 South Holt Avenue is a multi-family home for sale in Los Angeles, CA 90035. This property was listed for sale on March 11, 2024 by RE/MAX One, it's currently listed at $1,895,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Crescent Heights Boulevard Elementary School, Daniel Webster Middle School and Alexander Hamilton Senior High School. 1647 South Holt Avenue is a 4-bed, 2-bath, 2,957 sqft multi-family home built in 1930.

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 One, Chase Simonton, DRE #01766871; RE/MAX One, Robert Carlile, DRE #02066811

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.