2
Baths
1,046 Sq. Ft.
$629 / Sq. Ft.
1,046
Sq. Ft.
$629
per Sq. Ft.

Description

Great investment opportunity in Los Angeles! This charming duplex is located in the Boyle Heights area. The first unit is a two-bedroom one-bath with new flooring, paint, quartz kitchen with an island and a recently remodeled bathroom. The second unit is a one bedroom one bath with new windows, new kitchen cabinets, copper plumbing and a new sewer line. Updated electrical panels and a new wrought iron fence. These units have been well-maintained and are a must see. Centrally located with easy access...Great investment opportunity in Los Angeles! This charming duplex is located in the Boyle Heights area. The first unit is a two-bedroom one-bath with new flooring, paint, quartz kitchen with an island and a recently remodeled bathroom. The second unit is a one bedroom one bath with new windows, new kitchen cabinets, copper plumbing and a new sewer line. Updated electrical panels and a new wrought iron fence. These units have been well-maintained and are a must see. Centrally located with easy access to freeways, Downtown LA, Silverlake and Elysian Park.
  1. Listed by Jose Guevara • DRE #01392522 • Brokerage DRE #02108404 • Nueva Real Estate

Property Details for 740 Orme Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1046
Assessor Parcel Number
5185-034-016
Property Attached YN
false
LISTING UPDATED: 10/13/2021 04:44 AM

Property Details for 740 Orme Avenue

StatusClosed
MLS #DW21154492
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.09 AC / 4,000 SF
CountyLos Angeles County

Location

Listing Courtesy of Nueva Real Estate, Jose Guevara, DRE #01392522

Sold By Keller Williams SELA, Jennifer Avellan, DRE #01468000; Keller Williams SELA, Brittney Jarrell, DRE #02064300

Add your commute

Building Information for 740 Orme Avenue

Stories-Residences-Year Built1920Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$3,918 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,207

Property Taxes

$711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 740 Orme Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $38,400
  • Net Operating Income: $34,760
Expense Details
  • Operating Expense: $3,640
  • Fuel Expense: $360
  • Electric Expense: $1,920
  • Insurance Expense: $6,960
  • Trash Expense: $600
  • Water Sewer Expense: $1,200
  • Total Expenses: $11,040
Tax / Assessment Info
  • Tax Block: 3
  • Tax Tract Number: 3113
  • Tax Census Tract: 2047.00
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights
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, Garden
  • Number Of Units: 2
  • Sewer: Public Sewer
  • Water Source: See Remarks
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: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 740 Orme Avenue

DateEvent & SourcePriceAppreciation
Oct 12, 2021

Sold

CRMLS #DW21154492

$658,000—
Oct 12, 2021

Sold

SDMLS #DW21154492

$658,000—
Oct 12, 2021

Sold

CLAW #DW21154492MR

$658,000—
Oct 11, 2021

Pending

SDMLS #DW21154492

—
Sep 29, 2021

Sold (Public Record)

Public Record #1473792368

$658,000

+12.2% / yr

Sep 8, 2021

Accepting Backup Offers

SDMLS #DW21154492

—
Sep 8, 2021

Listed (Active)

SDMLS #DW21154492

—
Sep 5, 2021

Pending

SDMLS #DW21154492

—
Sep 5, 2021

Pending

CLAW #DW21154492MR

—
Sep 5, 2021

Pending

CRMLS #DW21154492

—
Sep 4, 2021

Accepting Backup Offers

CLAW #DW21154492MR

—
Sep 4, 2021

Accepting Backup Offers

CRMLS #DW21154492

—
Aug 8, 2021

Accepting Backup Offers

SDMLS #DW21154492

—
Aug 6, 2021

Pending

SDMLS #DW21154492

—
Jul 19, 2021

Listed (Active)

SDMLS #DW21154492

$650,000—
Jul 19, 2021

Listed (Active)

CRMLS #DW21154492

$650,000—
Jul 13, 2021

Listed (Active)

SDMLS #DW21154492

$650,000—
Jul 13, 2021

Listed (Active)

CLAW #DW21154492MR

$650,000—
Jun 13, 2012

Sold

CRMLS #M11122968

$229,000—
Jun 13, 2012

Sold

CLAW #M11122968MR

$229,000—
Jun 11, 2012

Sold (Public Record)

Public Record #331821132

$225,000

+83.1% / yr

Mar 27, 2012

Pending

CLAW #M11122968MR

—
Mar 27, 2012

Pending

CRMLS #M11122968

—
Mar 13, 2012

Listed (Active)

CLAW #M11122968MR

$219,000—
Sep 17, 2011

Listed (Active)

CRMLS #M11122968

$219,000—
Aug 3, 2011

Sold

CRMLS #P788395

$130,500—
Aug 3, 2011

Sold

CLAW #P788395MR

$130,500—
Jul 18, 2011

Sold (Public Record)

Public Record #312629215

$130,500

-21.1% / yr

Jul 14, 2011

Pending

CLAW #P788395MR

—
Jul 14, 2011

Pending

CRMLS #P788395

—
Jul 8, 2011

Withdrawn / Cancelled

CLAW #P773922MR

—
Jul 8, 2011

Listed (Active)

CLAW #P788395MR

$124,900—
Jul 8, 2011

Withdrawn / Cancelled

CRMLS #P773922

$189,900—
Jul 8, 2011

Listed (Active)

CRMLS #P788395

$124,900—
Mar 16, 2011

Listed (Active)

CLAW #P773922MR

$199,900—
Mar 16, 2011

Listed (Active)

CRMLS #P773922

$199,900—
Jan 14, 2008

Sold

CRMLS #Y706308

$460,000—
Jan 14, 2008

Sold

CLAW #Y706308MR

$460,000—
Nov 14, 2007

Pending

CRMLS #Y706308

—
Nov 14, 2007

Pending

CLAW #Y706308MR

—
Oct 3, 2007

Listed (Active)

CRMLS #Y706308

$460,000—
Oct 3, 2007

Listed (Active)

CLAW #Y706308MR

$460,000—
Mar 30, 2007

Sold

CLAW #Y68768MR

$367,000—
Mar 30, 2007

Sold

CRMLS #Y68768

$367,000—
Mar 5, 2007

Sold (Public Record)

Public Record #226093285

$367,000

+13.6% / yr

Feb 27, 2007

Pending

CRMLS #Y68768

—
Feb 27, 2007

Pending

CLAW #Y68768MR

—
Dec 16, 2006

Listed (Active)

CRMLS #Y68768

$350,000—
Dec 16, 2006

Listed (Active)

CLAW #Y68768MR

$350,000—
Mar 11, 2005

Sold (Public Record)

Public Record #152407226

$285,000—
DateEvent & SourcePrice
10/12/2021

Sold

CRMLS #DW21154492

$658,000
10/12/2021

Sold

SDMLS #DW21154492

$658,000
10/12/2021

Sold

CLAW #DW21154492MR

$658,000
10/11/2021

Pending

SDMLS #DW21154492

—
09/29/2021

Sold (Public Record)

Public Record #1473792368

$658,000

+12.2% / yr

09/08/2021

Accepting Backup Offers

SDMLS #DW21154492

—
09/08/2021

Listed (Active)

SDMLS #DW21154492

—
09/05/2021

Pending

SDMLS #DW21154492

—
09/05/2021

Pending

CLAW #DW21154492MR

—
09/05/2021

Pending

CRMLS #DW21154492

—
09/04/2021

Accepting Backup Offers

CLAW #DW21154492MR

—
09/04/2021

Accepting Backup Offers

CRMLS #DW21154492

—
08/08/2021

Accepting Backup Offers

SDMLS #DW21154492

—
08/06/2021

Pending

SDMLS #DW21154492

—
07/19/2021

Listed (Active)

SDMLS #DW21154492

$650,000
07/19/2021

Listed (Active)

CRMLS #DW21154492

$650,000
07/13/2021

Listed (Active)

SDMLS #DW21154492

$650,000
07/13/2021

Listed (Active)

CLAW #DW21154492MR

$650,000
06/13/2012

Sold

CRMLS #M11122968

$229,000
06/13/2012

Sold

CLAW #M11122968MR

$229,000
06/11/2012

Sold (Public Record)

Public Record #331821132

$225,000

+83.1% / yr

03/27/2012

Pending

CLAW #M11122968MR

—
03/27/2012

Pending

CRMLS #M11122968

—
03/13/2012

Listed (Active)

CLAW #M11122968MR

$219,000
09/17/2011

Listed (Active)

CRMLS #M11122968

$219,000
08/03/2011

Sold

CRMLS #P788395

$130,500
08/03/2011

Sold

CLAW #P788395MR

$130,500
07/18/2011

Sold (Public Record)

Public Record #312629215

$130,500

-21.1% / yr

07/14/2011

Pending

CLAW #P788395MR

—
07/14/2011

Pending

CRMLS #P788395

—
07/08/2011

Withdrawn / Cancelled

CLAW #P773922MR

—
07/08/2011

Listed (Active)

CLAW #P788395MR

$124,900
07/08/2011

Withdrawn / Cancelled

CRMLS #P773922

$189,900
07/08/2011

Listed (Active)

CRMLS #P788395

$124,900
03/16/2011

Listed (Active)

CLAW #P773922MR

$199,900
03/16/2011

Listed (Active)

CRMLS #P773922

$199,900
01/14/2008

Sold

CRMLS #Y706308

$460,000
01/14/2008

Sold

CLAW #Y706308MR

$460,000
11/14/2007

Pending

CRMLS #Y706308

—
11/14/2007

Pending

CLAW #Y706308MR

—
10/03/2007

Listed (Active)

CRMLS #Y706308

$460,000
10/03/2007

Listed (Active)

CLAW #Y706308MR

$460,000
03/30/2007

Sold

CLAW #Y68768MR

$367,000
03/30/2007

Sold

CRMLS #Y68768

$367,000
03/05/2007

Sold (Public Record)

Public Record #226093285

$367,000

+13.6% / yr

02/27/2007

Pending

CRMLS #Y68768

—
02/27/2007

Pending

CLAW #Y68768MR

—
12/16/2006

Listed (Active)

CRMLS #Y68768

$350,000
12/16/2006

Listed (Active)

CLAW #Y68768MR

$350,000
03/11/2005

Sold (Public Record)

Public Record #152407226

$285,000

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

Public Records for 740 Orme Avenue

Taxable ValueLand$424,483Additions$273,791Total$698,274
Tax Record2025$8,535 ($711 / month)
Home Facts
Total Finished SqFt1,046 SqFtAbove Grade Finished SqFt1,046 SqFtLot Size4,000 SqFtStyleDuplexYear Built1920ZoningLARD1.5CountyLOS ANGELESAPN5185-034-016

Schools near 740 Orme Avenue

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

Hollenbeck Middle School
Public6 to 8

Felicitas And Gonzalo Mendez High
Public9 to 12

Theodore Roosevelt Senior 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

Similar Sold Homes

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nueva Real Estate, Jose Guevara, DRE #01392522

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.