2239 Fernleaf Street

Los Angeles, CA 90031

$1,568,888
Last Sold Price
6
Beds
5
Baths
2,806 Sq. Ft.
$559 / Sq. Ft.
2,806
Sq. Ft.
$559
per Sq. Ft.

Description

An unparalleled opportunity to own a COMPLETELY Vacant & Remodeled Triplex in the heart of one of the hottest pockets of Los Angeles! This Frogtown income producing property offers it’s new owner the ability to acquire market rate tenants in an already well established rental area with limited inventory and abundant demand. The modern Spanish front home offers 2 ample bedrooms, a magazine worthy restroom, open floor layout, gleaming finishes with trend setting design, and the perfect porch to complete...An unparalleled opportunity to own a COMPLETELY Vacant & Remodeled Triplex in the heart of one of the hottest pockets of Los Angeles! This Frogtown income producing property offers it’s new owner the ability to acquire market rate tenants in an already well established rental area with limited inventory and abundant demand. The modern Spanish front home offers 2 ample bedrooms, a magazine worthy restroom, open floor layout, gleaming finishes with trend setting design, and the perfect porch to complete its eye-catching feel. With abundant separation between the front home and units at the rear of the property, each unit comes with it’s own parking space furthering the desirability of this amazing rental. Two identical two-story units feature a large open floor living space leading to a brand new state-of-the-art kitchen and its own private patio. Contemporary polished concrete floors adorn the main floor where a 1/2 bath is conveniently located for guests. A floating staircase leads to 2 large bedrooms and a full bath. With Elysian Valley (Frogtown) quickly becoming one of the most sought after neighborhoods in all of Los Angeles, this rare opportunity will not present itself again. With updated systems and work behind the walls to match the beauty seen in its cosmetics, this fully completed project is awaiting it’s new savvy homeowner looking to mitigate their mortgage by having over half paid through rental income alone! Allow Us To Reintroduce This Home!
  1. Listed by Autumn Davis • DRE #01438120 • Brokerage DRE #02029658 • Berkshire Hathaway Home Services
  2. Listed by Yocelin Legaspi • DRE #01814682 • Brokerage DRE #02029658 • Berkshire Hathaway Home Services Golden Properties

Property Details for 2239 Fernleaf Street

Architectural Style
Spanish
View
Neighborhood
Parking Spaces Total
3
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Living Area
2806

Location

Listing Courtesy of Berkshire Hathaway Home Services, Autumn Davis, DRE #01438120; Berkshire Hathaway Home Services Golden Properties, Yocelin Legaspi, DRE #01814682

Sold By Yee San Lisa Leung, BROKER, Yee San Lisa Leung, DRE #01821309

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LISTING UPDATED: 07/22/2020 10:17 AM

Property Details for 2239 Fernleaf Street

StatusClosed
MLS #PF20126231
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.13 AC / 5,635 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway Home Services, Autumn Davis, DRE #01438120; Berkshire Hathaway Home Services Golden Properties, Yocelin Legaspi, DRE #01814682

Sold By Yee San Lisa Leung, BROKER, Yee San Lisa Leung, DRE #01821309

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Virtual Tour

Building Information for 2239 Fernleaf Street

Stories-Residences-Year Built1924Building Size-Lot Size0.13 AC / 5,635 SF

Payment Calculator

$10,226 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,562

Property Taxes

$1,664

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2239 Fernleaf Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $136,800
  • Gross Scheduled Income: $136,800
  • Net Operating Income: $100,250
  • Financing: Conventional
Expense Details
  • Operating Expense: $2,145
  • New Taxes Expense: $21,250
  • Fuel Expense: $0
  • Insurance Expense: $2,100
  • Trash Expense: $600
  • Water Sewer Expense: $1,800
  • Total Expenses: $25,750
Tax / Assessment Info
  • Tax Tract Number: na
  • Tax Lot: n/a
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Window Features: Double Pane Windows
  • Property Condition: Turnkey, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • 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: $0
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3

Property History for 2239 Fernleaf 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 2239 Fernleaf Street

Taxable ValueLand$832,320Additions$800,067Total$1,632,387
Tax Record2023$19,973 ($1,664 / month)
Home Facts
Total Finished SqFt2,806 SqFtAbove Grade Finished SqFt2,806 SqFtLot Size5,097 SqFtStyleTriplexYear Built1924ZoningLAR1CountyLOS ANGELESAPN5445-025-013

Schools near 2239 Fernleaf Street

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

John Marshall Senior High School
Public9 to 12

Studio
Public6 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

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Similar Sold Homes

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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 Berkshire Hathaway Home Services, Autumn Davis, DRE #01438120; Berkshire Hathaway Home Services Golden Properties, Yocelin Legaspi, DRE #01814682

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.