738-740 South Fresno Street

Los Angeles, CA 90023

$1,290,000
Last Sold Price
9
Beds
6
Baths
3,253 Sq. Ft.
$397 / Sq. Ft.
3,253
Sq. Ft.
$397
per Sq. Ft.

Description

Prime Investment Opportunity! If you're in search of a fantastic rental property, look no further than this stunning Corner Lot Duplex. This Modern Two-story Building was meticulously constructed in 2018, offering two spacious units that exude elegance and style. Each unit boasts beautiful laminated hardwood floors throughout, an open floor plan, and contemporary kitchen and bathroom designs. The kitchens are equipped with sleek quartz countertops, matching sinks, and stainless steel appliances,...Prime Investment Opportunity! If you're in search of a fantastic rental property, look no further than this stunning Corner Lot Duplex. This Modern Two-story Building was meticulously constructed in 2018, offering two spacious units that exude elegance and style. Each unit boasts beautiful laminated hardwood floors throughout, an open floor plan, and contemporary kitchen and bathroom designs. The kitchens are equipped with sleek quartz countertops, matching sinks, and stainless steel appliances, including a refrigerator, stove, dishwasher, and microwave. Tenants are responsible for all utilities, ensuring a hassle-free rental experience. This includes water, electricity, gas, and trash. The larger unit features five bedrooms and three bathrooms, while the second unit offers four bedrooms and three bathrooms. Additionally, the property includes a rear 2-car garage and ample outdoor parking spaces. The entire property is securely fenced, providing enhanced privacy for tenants. This is a must-see opportunity for anyone seeking a high-income rental property. Don't miss out on this exquisite duplex! Schedule a viewing today.
  1. Listed by Audrey Jung • DRE #01400834 • Brokerage DRE #01400834 • B & B Investment Properties

Property Details for 738-740 South Fresno Street

Zoning
LAR2
Style
Contemporary
Parcel Number
5186022012
Total Units
2.0
Living Area
3253
Source Living Area
Vendor Enhanced
Area
Boyle Heights (BOYH)
Vacancy Rate
0

Location

Listing Courtesy of B & B Investment Properties, Audrey Jung, DRE #01400834

Sold By Keller Williams Realty-Studio City, Akash Saini, DRE #02010158

Add your commute
LISTING UPDATED: 08/29/2023 11:32 AM

Property Details for 738-740 South Fresno Street

StatusSold
MLS #23-272387
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2018
Lot Size0.14 AC / 6,120 SF
CountyLos Angeles County

Location

Listing Courtesy of B & B Investment Properties, Audrey Jung, DRE #01400834

Sold By Keller Williams Realty-Studio City, Akash Saini, DRE #02010158

Add your commute

Building Information for 738-740 South Fresno Street

Stories2Residences-Year Built2018Building Size-Lot Size0.14 AC / 6,120 SF

Payment Calculator

$7,040 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,040

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 738-740 South Fresno Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • View: Yes
  • View Description: City Lights
  • View: City Lights
  • Security Features: Gated, Carbon Monoxide Detector(s)
  • Building Permit: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Entry Only
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $76,800
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $76,800.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1405
  • Lot Size Square Feet: 6120
  • Lot Features: Corners Marked
  • Lot Description: Corners Established
  • Lot Location: City, Corner Lot
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached, Gated, Garage - 2 Car, Driveway - Concrete, Parking Space
  • Total Parking: 4
  • Covered Parking: 2
  • Open Other Spaces Total: 2
  • Parking Features: Gated, Garage - Two Door, Concrete, Parking Space
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Laminate, Hardwood
  • Equipment: Dishwasher, Microwave, Garbage Disposal, Range/Oven, Refrigerator
  • Kitchen Features: Quartz Counters
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: Fenced
  • Pool Features: Fenced
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-22-2023
  • Listing Terms: Cash To New Loan
  • Tenant Pays: Electricity, Gas, Water, Trash Collection, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 5
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,400.00
  • Unit Actual Rent: $3,400.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $3,000.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $371,065.00
  • Assessed Improvement Percent: 37.16
  • Assessed Land Value: $627,552.00
  • Assessed Land Percent: 62.84
  • Assessed Total Value: $998,617.00

Property History for 738-740 South Fresno Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 738-740 South Fresno Street

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
Euclid Avenue Elementary School
PublicK to 5

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
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 B & B Investment Properties, Audrey Jung, DRE #01400834

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.