752 East Lanzit Avenue

Los Angeles, CA 90059

$700,000
Price
4
Beds
2
Baths
1,897 Sq. Ft.
$369 / Sq. Ft.
1,897
Sq. Ft.
$369
per Sq. Ft.

Description

Explore the potential of this classic 1941-built duplex nestled on a 7,227 sq ft lot, zoned LAR2. Each unit of the 1,897 sq ft property features 2 bedrooms and 1 bathroom, offering a balanced blend of comfort and opportunity. Ideal for investors or multi-generational living, this property boasts a prime location with expansion possibilities, appealing to both seasoned and novice real estate enthusiasts. Don't miss out on this unique investment opportunity!Explore the potential of this classic 1941-built duplex nestled on a 7,227 sq ft lot, zoned LAR2. Each unit of the 1,897 sq ft property features 2 bedrooms and 1 bathroom, offering a balanced blend of comfort and opportunity. Ideal for investors or multi-generational living, this property boasts a prime location with expansion possibilities, appealing to both seasoned and novice real estate enthusiasts. Don't miss out on this unique investment opportunity!
  1. Listed by Sebastian Stofenmacher • DRE #01328684 • Brokerage DRE #01889629 • Edgestone Real Estate, Inc. • 818-464-5113

Property Details for 752 East Lanzit Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1897
Assessor Parcel Number
6072-016-021
Property Attached YN
false

Location

Listing Courtesy of Edgestone Real Estate, Inc., Sebastian Stofenmacher, DRE #01328684
Add your commute
LISTING UPDATED: 04/23/2024 04:17 AM

Property Details for 752 East Lanzit Avenue

StatusActive
MLS #PW24078355
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.17 AC / 7,227 SF
CountyLos Angeles County

Location

Listing Courtesy of Edgestone Real Estate, Inc., Sebastian Stofenmacher, DRE #01328684
Add your commute

Virtual Tour

Building Information for 752 East Lanzit Avenue

Stories1Residences-Year Built1941Building Size-Lot Size0.17 AC / 7,227 SF

Payment Calculator

$4,282 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$462

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 752 East Lanzit Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $52,800
  • Gross Scheduled Income: $52,800
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $52,800
  • Net Operating Income: $39,600
  • Laundry Income: $0
Expense Details
  • Operating Expense: $13,200
  • Operating Expense Percent: 25.00%
  • New Taxes Expense: $0
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Percent: 5.00%
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
  • Total Expenses: $13,200
Tax / Assessment Info
  • Tax Tract Number: 7137
  • Tax Census Tract: 2409.01
  • CFD/Mello-Roos Fee: $646
  • Tax Lot: 161
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Improvements Percent: .00%
  • Land Lease: No
  • Land Lease Type: Fee
  • Land Value Percent: .00%
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Personal Property Percent: .00%
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: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 1
Unit 2
  • 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: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2500
  • 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 752 East Lanzit 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 752 East Lanzit Avenue

Taxable ValueLand$341,639Additions$66,979Total$408,618
Tax Record2023$5,546 ($462 / month)
Home Facts
Total Finished SqFt1,897 SqFtAbove Grade Finished SqFt1,897 SqFtLot Size7,225 SqFtStyleDuplexYear Built1941ZoningLAR2CountyLOS ANGELESAPN6072-016-021

Schools near 752 East Lanzit Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Animo Charter Middle No. 2
Charter6 to 8

Alain Leroy Locke College Prep Academy
Charter9 to 12

Alliance Jack H. Skirball Middle School
Charter6 to 8

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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752 East Lanzit Avenue is a multi-family home for sale in Los Angeles, CA 90059. This property was listed for sale on April 19, 2024 by Edgestone Real Estate, Inc., it's currently listed at $700,000. It has been on the market for a total of 15 days and was last sold on August 26, 2004. This listing's school district is Los Angeles Unified School District. Nearby schools include One Hundred Sixteenth Street Elementary School, Animo Charter Middle No. 2 and Alain Leroy Locke College Prep Academy. 752 East Lanzit Avenue is a 4-bed, 2-bath, 1,897 sqft multi-family home built in 1941.

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 Edgestone Real Estate, Inc., Sebastian Stofenmacher, DRE #01328684

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.