1821 South New England Street

Los Angeles, CA 90006

$2,950,000
Last Sold Price
20
Beds
19
Baths
7,443 Sq. Ft.
$396 / Sq. Ft.
7,443
Sq. Ft.
$396
per Sq. Ft.

Description

Location, location, location! Here is your Big Opportunity $300,000 price reduction! Great Gem "2022 Built" The property is built in Townhouse Style, which could be a future benefit if each unit was sold individually. The total building size is 7443 SF. on a 6963 Lot size. Building #1 Consists of 3,819 Sf. Building #2 consists of 3624 Sq Ft. All units are Tri-level. All units are Tri-level #1821 has 5 bedrooms 5 baths, and inside laundry, it comes with 2 parking spaces. #1821 has 5 bedrooms 5 baths,...Location, location, location! Here is your Big Opportunity $300,000 price reduction! Great Gem "2022 Built" The property is built in Townhouse Style, which could be a future benefit if each unit was sold individually. The total building size is 7443 SF. on a 6963 Lot size. Building #1 Consists of 3,819 Sf. Building #2 consists of 3624 Sq Ft. All units are Tri-level. All units are Tri-level #1821 has 5 bedrooms 5 baths, and inside laundry, it comes with 2 parking spaces. #1821 has 5 bedrooms 5 baths, and inside laundry, it comes with 2 parking spaces. #1821 has 5 bedrooms 5 baths, and inside laundry, it comes with 2 parking spaces #1821 1/2 has 5 bedrooms, 4 baths, and laundry inside the attached 2-car garage. #1821 1/2 has 5 bedrooms, 4 baths, and laundry inside the attached 2-car garage #1823 has 5 bedrooms 5 baths, inside laundry, and 2 parking spaces. #1823 has 5 bedrooms 5 baths, inside laundry, and 2 parking spaces #1823 1/2 has 5 bedrooms, 5 baths, inside laundry, and comes with 2 car garage attached. The property has a total of 2 double-car garages and a total of 4 extra parking spaces available, and all units come equipped with separate electric, gas, and water meters. Additionally, there is a separate Electric House meter for the exterior lights, which could be utilized for a Future ADU. The estimated rent for each unit is $5500, and they are all outfitted with AC and forced heat, tankless water heaters, and appliances. The average unit size ranges from approximately 1800 to 1900 Sq Ft, and the zone is classified as LARD1.5 "4 Unit Building in Los Angeles 90006 Easy access to major Freeways, Restaurants, Transportation, Shops, USC, and a short distance to Korea Town, Downtown LA, Staples Center, LA Coliseum, and Sofi Stadium. Very low to no maintenance and the Potential for an ADU. All units are ready to be leased and being advertised for lease as well for $5,500 per unit.
  1. Listed by Maria Olmos • DRE #00956497 • Brokerage DRE #02202700 • Y Realty

Property Details for 1821 South New England Street

Architectural Style
Modern
View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Y Realty, Maria Olmos, DRE #00956497

Sold By NET Properties, Hong Robert Yun, DRE #01854449

Add your commute
LISTING UPDATED: 08/22/2023 07:04 AM

Property Details for 1821 South New England Street

StatusClosed
MLS #PW23095423
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2022
Lot Size0.15 AC / 6,597 SF
CountyLos Angeles County

Location

Listing Courtesy of Y Realty, Maria Olmos, DRE #00956497

Sold By NET Properties, Hong Robert Yun, DRE #01854449

Add your commute

Building Information for 1821 South New England Street

Stories3Residences-Year Built2022Building Size-Lot Size0.15 AC / 6,597 SF

Payment Calculator

$17,084 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$985

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1821 South New England Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $264,000
  • Gross Spendable Income: $264,000
  • Vacancy Allowance: 0
  • Gross Operating Income: $264,000
  • Net Operating Income: $244,358
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income Description: 0
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 11.31
  • Cap Rate: 7.0
  • Current Financing: Conventional
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $360
  • New Taxes Expense: $25,000
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $245
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $360
  • Insurance Expense: $5,100
  • Maintenance Expense: $850
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
  • Total Expenses: $19,641
Tax / Assessment Info
  • Tax Tract Number: 31T
  • Tax Census Tract: 2211.20
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 23
Community / Development
Community / Development
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In
  • Disability Access: 32 inch or more wide doors, Doors - Swing In
  • Assessments YN: No
  • Assessments: None
  • Community Features: Gutters
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Equipment: Dishwasher, Gas Dryer Hookup, Inside, Microwave, Refrigerator, Room, Washer Hookup
  • Interior Features: 2 Staircases, Balcony, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, Wired for Data
  • Room Type: All Bedrooms Down, All Bedrooms Up, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up, Main Floor Bedroom, Master Bedroom, WalkInCloset
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, High Efficiency, SEER Rated 16+
  • Heating Type: Forced Air, High Efficiency
  • Heating: Forced Air, High Efficiency
  • Heat Equipment: Forced Air Unit
  • Flooring: Laminate, Vinyl
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Blinds, Double Pane Windows, Screens
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • Security: Automatic Gate
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Lighting, Rain Gutters
  • Roof: Rolled/Hot Mop
  • Entry Location: front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Good Condition, Wood
  • Foundation Details: Slab
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Walk Score: 85
  • Green Energy Efficient: HVAC, Insulation, Lighting, Roof, Water Heater
  • Green Water Conservation: Flow Control, Water-Smart Landscaping
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Direction Faces: East
  • Number Of Units: 4
  • Improvements Amount: $.00
  • Land Lease: No
  • Land Lease Type: Fee
  • Land Value: $.00
  • Road Surface Type: Paved
  • Road Frontage Type: Access Road, Private Road
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned, Door Opener, Garage, Parking Space
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Driveway Level, Garage, Garage Door Opener, Parking Space
Property / Structure Info
  • Personal Property Amount: $.00
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Carpet: 0
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 1821 South New England 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 1821 South New England Street

Taxable ValueLand$702,583Additions$247,541Total$950,124
Tax Record2023$11,820 ($985 / month)
Home Facts
Total Finished SqFt2,323 SqFtAbove Grade Finished SqFt2,323 SqFtLot Size6,597 SqFtStyleDuplexYear Built1909ZoningLARD1.5CountyLOS ANGELESAPN5056-016-015

Schools near 1821 South New England 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
Charter - 6 to 12
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 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.

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.

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 Y Realty, Maria Olmos, DRE #00956497

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.