248 North Ave 57

Los Angeles, CA 90042

$1,298,000
Price
Beds
3,335 Sq. Ft.
$389 / Sq. Ft.
3,335
Sq. Ft.
$389
per Sq. Ft.

Description

GREAT PASSIVE INCOME OPPORTUNITY AWAITS in the heart of Highland Park! This property is a corner lot and offers two separate structures and sits centrally located just one block from the Gold Line and minutes from the highway, York Blvd, restaurants, shopping, coffee houses, parks, and more. The property is gated and secured, and offers parking for all tenants. The units have been remodeled, and tastefully updated. The original craftsman home built in 1900 has been transformed into a lovely duplex....

Property Details for 248 North Ave 57

Architectural Style
Craftsman
Subdivision Name
Not Applicable
Garage Spaces
2.00
View
None

Location

Listing Courtesy of COMPASS, Carmine Sabatella, DRE #01945152; COMPASS, Ryan DeLair, DRE #02065324

Property Details for 248 North Ave 57

StatusActive
MLS #P1-7000
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.15 AC / 6,621 SF
CountyLos Angeles County

Listing Agent

Contact Agent(s)

Location

Listing Courtesy of COMPASS, Carmine Sabatella, DRE #01945152; COMPASS, Ryan DeLair, DRE #02065324

Listing Agents

  1. Carmine Sabatella

    Carmine Sabatella

    Listing Agent

    Compass

    DRE #01945152

  2. Ryan DeLair

    Ryan DeLair

    Alternative Listing Agent

    Compass

    DRE #02065324

Building Information for 248 North Ave 57

Stories2Residences-Year Built1900Building Size-Lot Size0.15 AC / 6,621 SF

Payment Calculator

$4,350 per month

30 year fixed, 2.95% Interest

Principal and Interest

$4,350

Property Taxes

HOA Dues

$0

Property Information for 248 North Ave 57

Summary
    Location and General Information
  • Building Area Total: 3,335.00
  • Community Features: Biking, Suburban, Sidewalks, Curbs, Street Lights
  • City: Los Angeles
  • Direction Faces: East
  • Directions: Figueroa to Avenue 57 and its on the corner of Avenue 57 and Monte Vista
  • Area: 632 - Highland Park
  • Postal Code Plus4: 4128
  • Unparsed Address: 248 North Avenue 57, Los Angeles, CA 90042
    Parking
  • Parking Features: Concrete, Street, Auto Driveway Gate, Gated, Driveway
    Taxes and HOA Information
  • New Taxes Expense: $9,626.00
  • Tax Other Annual Assessment Amount: $961.00
    Virtual Tour
  • Videos Count: 0
Property
    Lot Information
  • Lot Features: Sprinklers
  • Lot Size Acres: .15
  • Lot Size Square Feet: 6,621.00
  • Lot Size Area: 6,621.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5468033030
  • Property Type: Residential Income
    Property and Assessments
  • Common Walls: Attached
  • Documents Count: 0
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Turnkey
  • Year Built Source: Public Records
  • Senior Community: No
    Utilities
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes
  • Water Sewer Expense: $1,650.00
Interior and Exterior Features
    Exterior Features
  • Fencing: Wood, Wrought Iron
  • Foundation Details: Raised
  • Other Structures: Storage
  • Pool Features: None
  • Pool Private: No
  • Pool: No
  • Roof: Composition
  • Spa Features: None
  • Spa: No
  • Stories Total: 2
    Interior Features
  • Appliances: Dishwasher, Freezer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Water Heater
  • Total Bathrooms: 0
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Heating: Central, See Remarks
  • Heating: Yes
  • Interior Features: Crown Molding, Wainscoting, Storage, Built-In Features, Recessed Lighting, Coffered Ceiling(s), Stone Counters, Tile Counters
  • Laundry Features: Inside, Individual Room
  • Living Area: 3,335.00
  • View: No
  • Levels: Two
Multi Family
    Multi-Family Information
  • Gross Scheduled Income: $76,512.00
  • Net Operating Income: $36,265.00
  • Electric Expense: $1,950.00
  • Insurance Expense: $1,789.00
  • Number Of Buildings: 2
  • Operating Expense: $23,424.00
  • Pest Control Expense: $486.00
  • Special Listing Conditions: Standard
  • Trash Expense: $900.00
Rental
    Rental Information
  • Tenant Pays: Cable TV, Electricity, Gas
  • Rent Control: Yes

Property History for 248 North Ave 57

DateEvent & SourcePriceAppreciation
Oct 8, 2021

Listed (Active)

VCF #P1-7000

$1,298,000
Oct 8, 2021

Listed (Active)

CRMLS #P1-7000

$1,298,000
Oct 7, 2021

Listed (Active)

CLAW #7000PF

$1,298,000
DateEvent & SourcePrice
10/08/2021

Listed (Active)

VCF #P1-7000

$1,298,000
10/08/2021

Listed (Active)

CRMLS #P1-7000

$1,298,000
10/07/2021

Listed (Active)

CLAW #7000PF

$1,298,000

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

Public Records for 248 North Ave 57

Taxable ValueLand$386,323Additions$359,058Total$745,381
Tax Record2021$9,735 ($811 / month)
Home Facts
Total Finished SqFt3,335 SqFtAbove Grade Finished SqFt3,335 SqFtLot Size6,650 SqFtStyleDuplexYear Built1900Year Renovated1912ZoningLARD2CountyLOS ANGELESAPN5468-033-030

Schools near 248 North Ave 57


SchoolTypeGradesDistanceRating
Monte Vista Street ElementaryPublic2-60.2 mi
3
St. Ignatius Of Loyola Elementary SchoolPrivateK-80.3 mi
NR
Los Feliz Charter Middle School for the ArtsCharter6-80.3 mi
4
Academia Avance CharterCharter6-120.3 mi
4

Monte Vista Street Elementary

2-6, 0.2 mi, Public

3

St. Ignatius Of Loyola Elementary School

K-8, 0.3 mi, Private

NR

Los Feliz Charter Middle School for the Arts

6-8, 0.3 mi, Charter

4

Academia Avance Charter

6-12, 0.3 mi, Charter

4

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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248 North Ave 57 is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on October 7, 2021 by Compass at $1,298,000. It has been on the market for a total of 20 days and was last sold on November 8, 2004. This listing's school district is Los Angeles Unified. Nearby schools include Monte Vista Street Elementary, Benjamin Franklin Senior High and Luther Burbank Middle. 248 North Ave 57 is a 0-bed, 0-bath, 3,335 sqft multi-family home built in 1900.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of COMPASS, Carmine Sabatella, DRE #01945152; COMPASS, Ryan DeLair, DRE #02065324

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.