657 East Vernon Avenue

Los Angeles, CA 90011

$495,000
Last Sold Price
4
Beds
3
Baths
1,586 Sq. Ft.
$312 / Sq. Ft.
1,586
Sq. Ft.
$312
per Sq. Ft.

Description

Investment opportunity in South Los Angeles! This Duplex with a 3 bedroom, 2 bath and 1 bedroom, 1 bathroom, near schools, parks, restaurants, and shopping centers plus easy access to the 105 and 110 freeways. Located in a diverse community that champions economic viability for all, this property would make a perfect addition, or start, to your rental portfolio. Do not miss this fantastic opportunity!Investment opportunity in South Los Angeles! This Duplex with a 3 bedroom, 2 bath and 1 bedroom, 1 bathroom, near schools, parks, restaurants, and shopping centers plus easy access to the 105 and 110 freeways. Located in a diverse community that champions economic viability for all, this property would make a perfect addition, or start, to your rental portfolio. Do not miss this fantastic opportunity!
  1. Listed by Bryan Ochse • DRE #01451724 • Brokerage DRE #01877665 • Media West Realty,Inc. • 818.468-2228

Property Details for 657 East Vernon Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1586
Assessor Parcel Number
5115-011-019
Property Attached YN
true

Location

Listing Courtesy of Media West Realty,Inc., Bryan Ochse, DRE #01451724

Sold By Keller Williams Realty Calabasas, Jordan Davies, DRE #01914332

Add your commute
LISTING UPDATED: 05/05/2023 09:05 AM

Property Details for 657 East Vernon Avenue

StatusClosed
MLS #BB23007196
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1911
Lot Size0.11 AC / 4,700 SF
CountyLos Angeles County

Location

Listing Courtesy of Media West Realty,Inc., Bryan Ochse, DRE #01451724

Sold By Keller Williams Realty Calabasas, Jordan Davies, DRE #01914332

Add your commute

Building Information for 657 East Vernon Avenue

Stories1Residences-Year Built1911Building Size-Lot Size0.11 AC / 4,700 SF

Payment Calculator

$3,331 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$630

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 657 East Vernon Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $35,400
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $33,714
  • Financing: Cash
Expense Details
  • Operating Expense: $15,679
  • New Taxes Expense: $6,863
  • Gardener Expense: $1,200
  • Insurance Expense: $1,200
  • Professional Management Expense: $1,416
  • Trash Expense: $0
  • Water Sewer Expense: $5,000
  • Total Expenses: $15,679
Tax / Assessment Info
  • Tax Tract Number: 4547
  • Tax Census Tract: 2286.00
  • CFD/Mello-Roos Fee: $348
  • Tax Lot: 37
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
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: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 657 East Vernon 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 657 East Vernon Avenue

Taxable ValueLand$450,000Additions$150,000Total$600,000
Tax Record2023$7,562 ($630 / month)
Home Facts
Total Finished SqFt1,586 SqFtAbove Grade Finished SqFt1,586 SqFtLot Size4,700 SqFtStyleDuplexYear Built1911ZoningLARD1.5CountyLOS ANGELESAPN5115-011-019

Schools near 657 East Vernon Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harmony Elementary School
PublicK to 5

Thomas Jefferson 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 Media West Realty,Inc., Bryan Ochse, DRE #01451724

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.