320 West Ave 43

Los Angeles, CA 90065

$1,400,400
Last Sold Price
5
Beds
3
Baths
1,651 Sq. Ft.
$848 / Sq. Ft.
1,651
Sq. Ft.
$848
per Sq. Ft.

Description

No sign on property. Do not disturb tenants. Showings are for back-up offer only. Letter of loan preapproval and proof of funds must be received prior to showings. Located in the heart of Mount Washington, this property with 2 homes on a lot offers classic Craftsman architecture on an oversized 8968 SF lot. Both houses are tenant occupied. Great options for owner/user or investor. Live in one and rent the other, or renovate and landscape to increase the current value. Take advantage of significant...No sign on property. Do not disturb tenants. Showings are for back-up offer only. Letter of loan preapproval and proof of funds must be received prior to showings. Located in the heart of Mount Washington, this property with 2 homes on a lot offers classic Craftsman architecture on an oversized 8968 SF lot. Both houses are tenant occupied. Great options for owner/user or investor. Live in one and rent the other, or renovate and landscape to increase the current value. Take advantage of significant tax savings since this home is registered under the Mills Act. Front unit is 322 W. Ave 43 is rented for $3500. Front house was recently renovated while maintaining the original craftsman features: 2 bedrooms, 1.25 baths, formal dining room, hardwood floors, original cabinetry, windows, and claw foot tub. Rear unit is 320 W. Ave 43 is a two-story home rented to one household for $3282.70 with 1+1 and sunroom on upper floor, and lower floor with separate entry and: 2+1, living room, and office. Rear home retains warm craftsman ambiance with large decks and private patio. This rear home has great potential as a larger home for an owner/user in the future. Tax records show 3+2 with 1651 SF. The grounds are large and relatively flat ready for you to create your own oasis! No garage- only street parking. Neighborhood appeals to many with Mount Washington School district, close and convenient Gold line access, and NELA faves close by Highland Park Bowl, Gold Line, Blind Barber, Hippo, and Triple Beam Pizza. Seller is DRE licensed.

Listing Agent

  1. Grace Gaerlan

    Grace Gaerlan

    Listing Agent

    Compass

    DRE #01012848

Property Details for 320 West Ave 43

Zoning
LAR1
Style
Craftsman
Parcel Number
5465016008
Total Units
2.0
Living Area
1651
Source Living Area
Vendor Enhanced
Area
Mount Washington (680)
Vacancy Rate
0

Location

Listing Courtesy of Compass, Grace Gaerlan, DRE #01012848

Sold By Compass, Grace Gaerlan, DRE #01012848

Add your commute
LISTING UPDATED: 05/31/2022 12:00 PM

Property Details for 320 West Ave 43

StatusSold
MLS #22-152343
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1909
Lot Size0.21 AC / 8,968 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Grace Gaerlan, DRE #01012848

Sold By Compass, Grace Gaerlan, DRE #01012848

Add your commute

Virtual Tour

Building Information for 320 West Ave 43

Stories-Residences-Year Built1909Building Size-Lot Size0.21 AC / 8,968 SF

Payment Calculator

$8,154 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,643

Property Taxes

$511

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 320 West Ave 43

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 2 on a lot
  • View: Yes
  • View Description: City Lights, Canyon
  • View: City Lights, Canyon
Contract Info
Contract Info
  • Disclosures: Rent Control, Historical
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $77,792
  • Gross Rent Multiplier: $.00
  • Other Income1: $77,792.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2059
  • Lot Size Square Feet: 8968
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Room Type: Living Room, Guest/Maid's Quarters, Sun
  • Rooms: Living Room, Study/Office, Dining Room, Guest-Maids Quarters, Sun
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling Type: Other
  • Heating: Floor Furnace
  • Heating Type: Floor Furnace, Other
  • Flooring: Hardwood
  • Equipment: Built-Ins
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Asphalt
  • New Construction: No
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-02-2022
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,282.00
  • Unit Actual Rent: $3,282.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $103,012.00
  • Assessed Improvement Percent: 19.05
  • Assessed Land Value: $437,833.00
  • Assessed Land Percent: 80.95
  • Assessed Total Value: $540,845.00

Property History for 320 West Ave 43

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 West Ave 43

Taxable ValueLand$390,000Additions$98,000Total$488,000
Tax Record2023$6,132 ($511 / month)
Home Facts
Total Finished SqFt1,651 SqFtAbove Grade Finished SqFt1,651 SqFtLot Size8,968 SqFtStyleDuplexYear Built1909ZoningLAR1CountyLOS ANGELESAPN5465-016-008

Schools near 320 West Ave 43

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

Latona Avenue Elementary School
PublicK to 6

Benjamin Franklin Senior High School
Public6 to 12

Woodrow Wilson 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 Compass, Grace Gaerlan, DRE #01012848

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.