226 South Ave 21

Los Angeles, CA 90031

$750,000
Last Sold Price
5
Beds
3
Baths
1,857 Sq. Ft.
$404 / Sq. Ft.
1,857
Sq. Ft.
$404
per Sq. Ft.

Description

First time on the market in over 26 years. Wonderful historic duplex in the City of Los Angeles in prime Lincoln Heights area. Great buy with so much upside potential. You can live in one and rent out the other or rent out both. Front unit is a Victorian Style that features two bedrooms, two bath and a spacious basement. As an added bonus for you, the basement contains three bedrooms!  The back unit was recently remodeled and has two bedrooms and one bath. The back unit has its own entrance and gate...First time on the market in over 26 years. Wonderful historic duplex in the City of Los Angeles in prime Lincoln Heights area. Great buy with so much upside potential. You can live in one and rent out the other or rent out both. Front unit is a Victorian Style that features two bedrooms, two bath and a spacious basement. As an added bonus for you, the basement contains three bedrooms!  The back unit was recently remodeled and has two bedrooms and one bath. The back unit has its own entrance and gate access and carport parking. Close proximity to the freeway, restaurants, and public transportation.
  1. Listed by TIFFANY LE • DRE #01963022 • Brokerage DRE #00471619 • EAST WEST REALTY, INC.

Property Details for 226 South Ave 21

Architectural Style
Victorian
View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of EAST WEST REALTY, INC., TIFFANY LE, DRE #01963022

Sold By Clint Lukens Realty, Joel Nass, DRE #01954931

Add your commute
LISTING UPDATED: 07/24/2020 02:21 PM

Property Details for 226 South Ave 21

StatusClosed
MLS #WS20092604
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1901
Lot Size0.17 AC / 7,430 SF
CountyLos Angeles County

Location

Listing Courtesy of EAST WEST REALTY, INC., TIFFANY LE, DRE #01963022

Sold By Clint Lukens Realty, Joel Nass, DRE #01954931

Add your commute

Building Information for 226 South Ave 21

Stories1Residences-Year Built1901Building Size-Lot Size0.17 AC / 7,430 SF

Payment Calculator

$4,909 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$816

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 226 South Ave 21

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $48,000
  • Gross Scheduled Income: $48,000
  • Net Operating Income: $34,155
Expense Details
  • Operating Expense: $13,845
  • New Taxes Expense: $9,795
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,500
  • Trash Expense: $750
  • Water Sewer Expense: $1,800
  • Total Expenses: $13,845
Tax / Assessment Info
  • Tax Block: 9
  • Tax Tract Number: 1997
  • Tax Census Tract: 1997.00
  • Tax Lot: 15
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Security: Security Bars
  • Roof: Shingle
  • Other Structures: Two On A Lot
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Rectangular Lot, Near Public Transit
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 3
  • Parking Features: Attached Carport
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: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2700
  • 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: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 0
  • Number With Range: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number Wall AC: 1

Property History for 226 South Ave 21

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 226 South Ave 21

Taxable ValueLand$546,210Additions$234,090Total$780,300
Tax Record2023$9,789 ($816 / month)
Home Facts
Total Finished SqFt1,857 SqFtAbove Grade Finished SqFt1,857 SqFtStories1Lot Size7,430 SqFtStyleDuplexYear Built1901ZoningLARD3CountyLOS ANGELESAPN5204-006-014

Schools near 226 South Ave 21

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 - 9 to 12
Rating
School
Distance
Albion Street Elementary School
PublicK to 6

Florence Nightingale Middle School
Public6 to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior 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

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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 EAST WEST REALTY, INC., TIFFANY LE, DRE #01963022

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.