597 Cypress Avenue

597 Cypress Avenue

Los Angeles, CA 90065

$1,455,000
Last Sold Price
6
Beds
4
Baths
2,224 Sq. Ft.
$654 / Sq. Ft.
2,224
Sq. Ft.
$654
per Sq. Ft.

Sold 1/5/24

Virtual Tour

Sold 1/5/24

Virtual Tour

a view of a house with backyard porch and sitting area
a living room with furniture potted plant and a fireplace
a living room with furniture and kitchen view with wooden floor
a living room with furniture a large window and a fireplace
a living room with furniture and a potted plant
a living room with a fireplace and a potted plant
a living room with furniture and wooden floor
a living room with furniture and a potted plant
a living room with furniture and a rug
a living room with furniture a window and a table
a large white kitchen with stainless steel appliances kitchen island granite countertop a large kitchen island a stove a sink a refrigerator white cabinets and wooden floor
a kitchen with stainless steel appliances granite countertop a table chairs and a refrigerator
a kitchen with white cabinets and appliances
a kitchen with sink stove and refrigerator
a kitchen with stainless steel appliances kitchen island granite countertop a sink and cabinets
a kitchen with lots of counter top space and painting on the wall
a kitchen with stainless steel appliances granite countertop a white cabinets and wooden floor
a kitchen with a sink and cabinets
a dining room with furniture and window
a view of a room with gym equipment
a bedroom with a large bed and a window
a view of room with wooden floor
a view of an empty room with wooden floor
a bathroom with a sink a toilet and shower
a bathroom with a sink a toilet and a mirror
a bed room with a bed and a painting
a large white kitchen with a sink and refrigerator
a kitchen with a sink and cabinets
an empty room with wooden floor and windows
an empty room with windows and fireplace
a view of empty room with wooden floor and fan
a large kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a kitchen with stainless steel appliances kitchen island granite countertop a sink and a stove
a bathroom with a sink toilet and shower
wooden floor in an empty room with a window
a bathroom with a shower
a view of empty room with wooden floor and fan
a bathroom with a toilet a sink a mirror and vanity
a view of empty room with wooden floor
a backyard of a house
a view of a house with backyard porch and sitting area
a view of a house with backyard and tree
a front view of a house with a porch
a view of a house with large windows and plants
a view of a house with a backyard
a view of a house with backyard and sitting area
a view of a backyard with plants
a view of a house with a yard and potted plants
a view of a city
an aerial view of a house with a yard basket ball court and outdoor seating

Description

Welcome to a rare completely updated VACANT fully permitted 3 bed 2 bath (each) duplex opportunity poised at the scenic base of Mt Washington in the highly sought-after, trending Cypress Park neighborhood. This invitation extends to investors and eager owner-users ready to embrace a lifestyle where luxury meets income potential. Enveloped within a generous 10,000+ sq foot corner lot, the property showcases two nearly identical, side-by-side units, each a spacious 3 bedroom, 2 bathroom home, meticulously...Welcome to a rare completely updated VACANT fully permitted 3 bed 2 bath (each) duplex opportunity poised at the scenic base of Mt Washington in the highly sought-after, trending Cypress Park neighborhood. This invitation extends to investors and eager owner-users ready to embrace a lifestyle where luxury meets income potential. Enveloped within a generous 10,000+ sq foot corner lot, the property showcases two nearly identical, side-by-side units, each a spacious 3 bedroom, 2 bathroom home, meticulously renovated with an eye for style and modern convenience. The front yard, mature and inviting, sets the stage for the elegance within. The open floor plan, flooded with natural light, romantic fireplace, facilitates a graceful flow from the expansive living area to the dining space, ready to accommodate gatherings large and small. The kitchens stand as a testament to thoughtful design, featuring quartz countertops, custom backsplashes, and center islands that provide not just ample space for culinary pursuits but also house a built-in wine fridge along w/ new stainless steel appliances. A nod to the connoisseur's taste. Gold fixtures gleam against the shaker cabinets, resonating with the sophistication of the door handles and kitchen hardware, creating a cohesive and luxurious aesthetic. The bathrooms boast custom designer tiles, new vanities, and modern fixtures with gold accents that complement the kitchens' upscale ambiance. Bedrooms offer a sanctuary of calm, with generous proportions and abundant closet space. Both units boast impressive primary suites w/ access via sliding door to the outdoor space. Attention to detail is evident throughout, with new flooring, windows, recessed lighting, and a fresh coat of paint both inside and out. The practical updates are comprehensive, including modern electrical/plumbing systems, a newer sewer line, air conditioning units, and a well-maintained roof. The corner lot's potential is as expansive as its grounds, with plenty of parking and space to introduce an Accessory Dwelling Unit (ADU) for added income. The sizable outdoor areas invite the possibility of terraced gardens and private entertainment spaces, complemented by the mature landscaping. Located in the vibrant heart of northeast LA, the duplex promises a lifestyle of convenience and elegance. With the latest updates, including the coveted kitchen islands and the luxurious touch of gold fixtures, this property is poised to command a high rental yield. This investment is not just a property; it's a lifestyle choice, a chance to establish a sophisticated home in one of LA's most dynamic communities. Perfect for both first-time buyers and seasoned investors, this duplex represents a significant value-add and equity opportunity. Act now, as this exquisitely re-imagined property is set to be a sought-after jewel in Cypress Park. Walk-able to restaurants, bars, & a stones throw to Highland Park & DTLA. Quintessential NELA living at its finest.
  1. Listed by Rosa A. Garcia • DRE #01373253 • Brokerage DRE #01424679 • Division One Investment & Loan Inc

Property Details for 597 Cypress Avenue

Zoning
LAR1
Style
California Bungalow
Parcel Number
5446006001
Total Units
2.0
Living Area
2224
Source Living Area
Owner
Area
Cypress Park (CYPK)
Vacancy Rate
0

Location

Listing Courtesy of Division One Investment & Loan Inc, Rosa A. Garcia, DRE #01373253

Sold By Division One Investment & Loan, Rosa Garcia, DRE #01373253

Add your commute
LISTING UPDATED: 01/05/2024 12:11 PM

Property Details for 597 Cypress Avenue

StatusSold
MLS #23-329673
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.23 AC / 10,009 SF
CountyLos Angeles County

Location

Listing Courtesy of Division One Investment & Loan Inc, Rosa A. Garcia, DRE #01373253

Sold By Division One Investment & Loan, Rosa Garcia, DRE #01373253

Add your commute

Virtual Tour

Building Information for 597 Cypress Avenue

Stories-Residences-Year Built1922Building Size-Lot Size0.23 AC / 10,009 SF

Payment Calculator

$8,946 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,941

Property Taxes

$1,005

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 597 Cypress Avenue

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
  • View: Yes
  • View Description: Other
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
  • Water Heater Features: Tankless
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.2298
  • Lot Size Square Feet: 10009
  • Lot Features: Front Yard, Yard
  • Lot Description: Fenced Yard, Fenced, Front Yard, Yard
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 8
  • Open Other Spaces Total: 6
  • Garage Spaces Total: 2
  • Parking Features: Driveway, Garage - Two Door
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Room Type: Primary Bathroom, Living Room
  • Rooms: Master Bedroom, Living Room, Dining Area
  • Levels: One
  • Fireplace Features: Bath, Primary Bedroom, Primary Retreat, Living Room, Kitchen
  • Fireplace Rooms: Bath, Master Bedroom, Master Retreat, Living Room, Kitchen
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Other
  • Heating Type: Other
  • Flooring: Other
  • Equipment: Garbage Disposal, Dishwasher, Range/Oven
  • Interior Features: Open Floor Plan, Recessed Lighting, Turnkey
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen
  • Kitchen Features: Counter Top, Island, Remodeled, Quartz Counters
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Remodeled
  • Bedroom Features: Master Bedroom, Master Retreat, Master Suite
  • Common Walls: Attached
  • Cooking Appliances: Convection Oven, Range Hood, Range
  • Laundry: Inside
  • Virtual Tour Url: https://youtu.be/OLmNIPFkeGg
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-07-2023
  • Listing Terms: Cash To New Loan
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $255,000.00
  • Assessed Improvement Percent: 26.48
  • Assessed Land Value: $708,135.00
  • Assessed Land Percent: 73.52
  • Assessed Total Value: $963,135.00

Property History for 597 Cypress 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 597 Cypress Avenue

Taxable ValueLand$708,135Additions$255,000Total$963,135
Tax Record2023$12,057 ($1,005 / month)
Home Facts
Total Finished SqFt2,008 SqFtAbove Grade Finished SqFt2,008 SqFtLot Size10,006 SqFtStyleDuplexYear Built1922ZoningLAR1CountyLOS ANGELESAPN5446-006-001

Schools near 597 Cypress Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Loreto Street Elementary School
Public - K to 5
Benjamin Franklin Senior High School
Public - 6 to 12
Woodrow Wilson Senior High School
Public - 9 to 12
Abraham Lincoln Senior High School
Public - 9 to 12
Rating
School
Distance
Loreto Street Elementary School
PublicK to 5

Benjamin Franklin Senior High School
Public6 to 12

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.

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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 Division One Investment & Loan Inc, Rosa A. Garcia, DRE #01373253

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.