717 South Duncan Avenue

East Los Angeles, CA 90022

$875,000
Last Sold Price
10
Beds
8
Baths
2,888 Sq. Ft.
$303 / Sq. Ft.
2,888
Sq. Ft.
$303
per Sq. Ft.

Description

Priced Dropped to Sell! Great investment opportunity! We are pleased to offer for sale this 7 Unit investment property located in the section of the city which is in a highly desirable rental area. The subject property is comprised of 3 separated structures. Building One, 2 Units - Both 2 beds/1 bath. Building 2, 2 Units - 2 Bed/1 bath and a 1 Bed / 1 bath. Building 3, A 1 Bedroom/ 1 bath and 2 Studio's w a 1 bed and 1 Bath Attachment. Also, Garage can be converted to an ADU for additional income.Priced Dropped to Sell! Great investment opportunity! We are pleased to offer for sale this 7 Unit investment property located in the section of the city which is in a highly desirable rental area. The subject property is comprised of 3 separated structures. Building One, 2 Units - Both 2 beds/1 bath. Building 2, 2 Units - 2 Bed/1 bath and a 1 Bed / 1 bath. Building 3, A 1 Bedroom/ 1 bath and 2 Studio's w a 1 bed and 1 Bath Attachment. Also, Garage can be converted to an ADU for additional income.
  1. Listed by Ralph Almeida • DRE #02095467 • Brokerage DRE #01280965 • Century 21 Allstars • Ralph@RalphMyRealtor.Com

Property Details for 717 South Duncan Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2888
Assessor Parcel Number
5247-012-027
Property Attached YN
true

Location

Listing Courtesy of Century 21 Allstars, Ralph Almeida, DRE #02095467

Sold By Keller Williams SELA, Victor Ambriz Jr, DRE #00952349

Add your commute
LISTING UPDATED: 06/30/2023 08:29 AM

Property Details for 717 South Duncan Avenue

StatusClosed
MLS #DW22253140
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.16 AC / 6,791 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Allstars, Ralph Almeida, DRE #02095467

Sold By Keller Williams SELA, Victor Ambriz Jr, DRE #00952349

Add your commute

Building Information for 717 South Duncan Avenue

Stories-Residences-Year Built1926Building Size-Lot Size0.16 AC / 6,791 SF

Payment Calculator

$5,081 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$306

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 717 South Duncan Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $61,800
  • Gross Scheduled Income: $61,800
  • Net Operating Income: $47,957
  • Financing: Cash
Expense Details
  • Operating Expense: $13,843
  • Fuel Expense: $492
  • Electric Expense: $7,486
  • Insurance Expense: $1,508
  • Professional Management Expense: $0
  • Trash Expense: $550
  • Water Sewer Expense: $0
  • Total Expenses: $13,843
Tax / Assessment Info
  • Tax Tract Number: 4190
  • CFD/Mello-Roos Fee: $2,802
  • Tax Lot: 27
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: 2-5 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Other
  • Sewer/Septic: Other/Remarks
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $500
  • Unit Type Total Rent: $500
  • Unit Type Pro Forma: 700
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $350
  • Unit Type Total Rent: $350
  • Unit Type Pro Forma: 700
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 717 South Duncan 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 717 South Duncan Avenue

Taxable ValueLand$31,072Additions$36,293Total$67,365
Tax Record2023$3,666 ($306 / month)
Home Facts
Total Finished SqFt2,888 SqFtAbove Grade Finished SqFt2,888 SqFtLot Size6,791 SqFtStyleMulti-Family Res (5+ Units)Year Built1926ZoningLCR3YYCountyLOS ANGELESAPN5247-012-027

Schools near 717 South Duncan Avenue

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

KIPP Academy Of Innovation
Charter5 to 8

James A. Garfield 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 Century 21 Allstars, Ralph Almeida, DRE #02095467

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.