320 Gifford Avenue

Los Angeles, CA 90063

$1,250,000
Last Sold Price
5
Beds
6
Baths
2,976 Sq. Ft.
$420 / Sq. Ft.
2,976
Sq. Ft.
$420
per Sq. Ft.

Description

Two homes on one lot. A modern Spanish masterpiece custom built in 2020. Almost 3000 square feet of exceptional craftsmanship and highest quality materials. Front residence features 3 bedrooms plus 3 baths and the rear home has 2bedrooms, 2.5 baths, a great room and a full kitchen. The front residence has an open floor plan ideal for entertaining, featuring large living and dining areas, high 10' ceilings, handcrafted wrought iron staircase, and hardwood floors throughout. Architectural arches in...Two homes on one lot. A modern Spanish masterpiece custom built in 2020. Almost 3000 square feet of exceptional craftsmanship and highest quality materials. Front residence features 3 bedrooms plus 3 baths and the rear home has 2bedrooms, 2.5 baths, a great room and a full kitchen. The front residence has an open floor plan ideal for entertaining, featuring large living and dining areas, high 10' ceilings, handcrafted wrought iron staircase, and hardwood floors throughout. Architectural arches in windows and entryways, and French doors in dining area. Chef's kitchen with huge pantry, large Marble top island, pot filler, built-in wine fridge, double oven and Bertazzoni range. Three spacious bedrooms upstairs. Master retreat with an en-suite bath and French doors to the private balcony. Dual system central air, custom doors and windows, spacious 2-car garage with super quiet garage doors. Both front and rear homes feature full sizer laundry. Great income revenue or live in one and and rent the other. Fantastic location just 15 Min to DTLA & NELA! with a Walk score of 87!
  1. Listed by Ben Kanani • DRE #01878686 • Brokerage DRE #00969419 • United Real Estate Los Angeles

Property Details for 320 Gifford Avenue

Zoning
LCR2
Style
Spanish Colonial
Parcel Number
5233025015
Total Units
2.0
Living Area
2976
Source Living Area
Assessor
Area
East LA
Vacancy Rate
100%

Location

Listing Courtesy of United Real Estate Los Angeles, Ben Kanani, DRE #01878686

Sold By IRN Realty, Chase Zhao, DRE #02008827

Add your commute
LISTING UPDATED: 05/15/2023 07:36 PM

Property Details for 320 Gifford Avenue

StatusSold
MLS #23-249787
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2020
Lot Size0.10 AC / 4,524 SF
CountyLos Angeles County

Location

Listing Courtesy of United Real Estate Los Angeles, Ben Kanani, DRE #01878686

Sold By IRN Realty, Chase Zhao, DRE #02008827

Add your commute

Building Information for 320 Gifford Avenue

Stories2Residences-Year Built2020Building Size-Lot Size0.10 AC / 4,524 SF

Payment Calculator

$8,117 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,295

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 320 Gifford Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • View: Yes
  • View Description: City, Tree Top
  • View: City Lights
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector
  • Property Condition: New Construction
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $85,200
  • Net Operating Income: $68,618.00
  • Gross Income: $85,200
  • Cap Rate: 4.95%
  • Gross Rent Multiplier: $20.22
  • Financial Info as Of: 03/23/2023
  • Total Annual Expense: 16582
  • Water Expense: $1,200.00
  • Gas Expense: $800
  • Electric Expense: $1,200.00
  • Trash Expense: $200.00
  • Tax Expense: $11,382
  • Insurance Expense: $1,800
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1038
  • Lot Size Square Feet: 4524
  • Lot Description: Automatic Gate, Fenced Yard
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2
  • Covered Parking: 2
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Room Type: Great Room, Guest/Maid's Quarters
  • Rooms: Breakfast Bar, Great Room, Guest House
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Dual, Central Air
  • Cooling Type: Dual, Central, Ceiling Fan
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood, Stone
  • Equipment: Alarm System, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Detached/No Common Walls
  • Laundry: Room
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: Yes
  • Other Structural Features: Balcony, French Doors, Energy Efficient, High Ceilings (9 Feet+), Custom Built
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Entry Date: 03-21-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Dishwasher: 2
  • Number of Disposal: 2
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 0
  • Number Patio: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Number Water Meters: 2

Property History for 320 Gifford 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 320 Gifford Avenue

Taxable ValueLand$312,120Additions$923,875Total$1,235,995
Tax Record2023$15,538 ($1,295 / month)
Home Facts
Beds5Total Finished SqFt2,976 SqFtAbove Grade Finished SqFt2,976 SqFtLot Size4,524 SqFtStyleSingle Family ResidenceZoningLCSPCountyLOS ANGELESAPN5233-025-015

Schools near 320 Gifford Avenue

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
Charter - K to 5
Rating
School
Distance
Marianna Avenue Elementary School
PublicK to 6

Belvedere Middle School
Public6 to 8

Ingenium Charter School
CharterK to 5

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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Listing Courtesy of United Real Estate Los Angeles, Ben Kanani, DRE #01878686

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.