702 Forest Avenue

Los Angeles, CA 90033

$675,000
Last Sold Price
6
Beds
2
Baths
1,931 Sq. Ft.
$350 / Sq. Ft.
1,931
Sq. Ft.
$350
per Sq. Ft.

Description

1924 Classic Spanish Architecture on a corner lot in Boyle Heights, Living Room with decorative Batchelder Fireplace, wall sconce fixtures and Arched Casement Windows, Formal Dining Room w/ bay window, Central Hallway separates 3 Bedrooms from public areas, Built-in Storage, Utility Closet, Laundry Room, Vintage Glass Door Knobs thru out, Fully Fenced Yard, Near County USC Medical Center & Cal-State LA. Walk to Metro. Plus second 2 bedroom house currently rented for $2000 per month to help with the...1924 Classic Spanish Architecture on a corner lot in Boyle Heights, Living Room with decorative Batchelder Fireplace, wall sconce fixtures and Arched Casement Windows, Formal Dining Room w/ bay window, Central Hallway separates 3 Bedrooms from public areas, Built-in Storage, Utility Closet, Laundry Room, Vintage Glass Door Knobs thru out, Fully Fenced Yard, Near County USC Medical Center & Cal-State LA. Walk to Metro. Plus second 2 bedroom house currently rented for $2000 per month to help with the mortgage.
  1. Listed by Steve Stokes • DRE #00857214 • Brokerage DRE #00857214 • Echo Park Realty

Property Details for 702 Forest Avenue

Zoning
LAR2
Style
Spanish
Cross Streets
Forest & Malabar
Parcel Number
5178009021
Total Units
2.0
Living Area
1931
Source Living Area
Assessor
Area
Boyle Heights (BOYH)

Location

Listing Courtesy of Echo Park Realty, Steve Stokes, DRE #00857214

Sold By Figure 8 Realty, Abigail Dotson, DRE #01450911

Add your commute
LISTING UPDATED: 07/29/2020 04:45 PM

Property Details for 702 Forest Avenue

StatusSold
MLS #20-584442
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.14 AC / 5,903 SF
CountyLos Angeles County

Location

Listing Courtesy of Echo Park Realty, Steve Stokes, DRE #00857214

Sold By Figure 8 Realty, Abigail Dotson, DRE #01450911

Add your commute

Building Information for 702 Forest Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.14 AC / 5,903 SF

Payment Calculator

$4,409 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,684

Property Taxes

$725

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702 Forest Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Type V
  • View: Yes
  • View Description: City
  • View: City Lights
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $54,000
  • Net Operating Income: $.00
  • Gross Income: $54,000
  • Gross Rent Multiplier: $12.50
  • Actual Annual Gross Rent: $54,000.00
  • Actual Gross Annual Income: $54,000
  • Actual Rent Total: $54,000.00
  • Financial Info as Of: 06/11/2020
  • Owner Pays: Water
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Alley: No
  • Lot Size Square Feet: 5903
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Driveway
  • Total Parking: 3
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 1
  • Parking Features: Garage - Single Door, Driveway
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Room Type: Center Hall
  • Rooms: Center Hall, Dining Room
Exterior Features
Exterior Features
  • Windows: Bay Window
  • Construction MVO: Frame and Stucco
  • Other Structures: Other, GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 05-29-2020
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $84,415.00
  • Assessed Land Value: $238,095.00

Property History for 702 Forest 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 702 Forest Avenue

Taxable ValueLand$395,352Additions$306,918Total$702,270
Tax Record2023$8,702 ($725 / month)
Home Facts
Total Finished SqFt1,931 SqFtAbove Grade Finished SqFt1,931 SqFtLot Size5,903 SqFtStyleDuplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN5178-009-021

Schools near 702 Forest Avenue

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

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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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 Echo Park Realty, Steve Stokes, DRE #00857214

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.