916 West 20th Street

Los Angeles, CA 90007

$959,000
Last Sold Price
4
Beds
3
Baths
2,705 Sq. Ft.
$355 / Sq. Ft.
2,705
Sq. Ft.
$355
per Sq. Ft.

Description

Located in the historically zoned area of University Park North, this charming multi-family property currently has two units but is waiting for its renaissance with an experienced developer at the helm. Zoned LARD1.5, the duplex will transfer ownership with Unit B (upstairs unit - 2 BR/2 BA) delivered vacant and Unit A (lower unit - 2 BR/1 BA) delivered with the tenant in place. The highest and best use of the property may entail the creation of additional rental units due to its proximity to USC...Located in the historically zoned area of University Park North, this charming multi-family property currently has two units but is waiting for its renaissance with an experienced developer at the helm. Zoned LARD1.5, the duplex will transfer ownership with Unit B (upstairs unit - 2 BR/2 BA) delivered vacant and Unit A (lower unit - 2 BR/1 BA) delivered with the tenant in place. The highest and best use of the property may entail the creation of additional rental units due to its proximity to USC and DTLA. Current zoning allows for up to 3 units; however, recent city and state ADU regulations allow for constructing two more units at the rear of the lot, according to LA City. An experienced developer may be able to navigate efficient and grand renovations and new buildings. The yard is fully fenced, and the backyard is accessed via a shared driveway. There is a carport and off-street paved parking in the rear. This property has so much early-1900s charm, including original architectural accents and mature trees, that you must see it fully to appreciate the inherent charisma. The owner pays for water, and each unit pays for electricity and gas individually. " A wonderful neighborhood on the precipice of all the potential improvements being prepared for the Los Angeles Olympics 2028. With the neverending appeal of the USC community and the other grand homes in the neighborhood that have been renovated back to their glory, this property is an appealing project for a visionary whose heart is really in Los Angeles historical neighborhoods.
  1. Listed by Conrado Delagarza • DRE #01995374 • Brokerage DRE #01828532 • eXp Realty of Greater Los Angeles
  2. Listed by Mystoura Afolabi • DRE #01515906 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 916 West 20th Street

Water Front
None
Zoning
LARD1.5
Style
Craftsman
Cross Streets
W 20th b/t Oak & Toberman
Parcel Number
5124015017
Total Units
2.0
Living Area
2705
Source Living Area
Assessor

Location

Listing Courtesy of eXp Realty of Greater Los Angeles, Conrado Delagarza, DRE #01995374; Coldwell Banker Realty, Mystoura Afolabi, DRE #01515906

Sold By Box Properties, TINA HAMBLETON, DRE #01336860

Add your commute
LISTING UPDATED: 10/18/2023 01:01 PM

Property Details for 916 West 20th Street

StatusSold
MLS #23-266151
Days on Market107
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1909
Lot Size0.15 AC / 6,374 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of Greater Los Angeles, Conrado Delagarza, DRE #01995374; Coldwell Banker Realty, Mystoura Afolabi, DRE #01515906

Sold By Box Properties, TINA HAMBLETON, DRE #01336860

Add your commute

Building Information for 916 West 20th Street

Stories2Residences-Year Built1909Building Size-Lot Size0.15 AC / 6,374 SF

Payment Calculator

$5,473 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,234

Property Taxes

$239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 916 West 20th Street

Community / Development
Community / Development
  • Tax Mello Roos: Unknown
  • Number Of Units: 2
  • Senior Community: No
  • Builders Tract Name: W W Watts Tract
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • View: Yes
  • View Description: City, Walk Street, Tree Top
  • View: City Lights
  • Entry Floor Number: 1
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Direction Faces: North
  • Property Condition: Fixer
  • Water: Public
  • Water Heaters: Yes
  • Water Heater Features: Water Heater Unit, Central Water Heater
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan, Conventional
  • Disclosures: Historical, As Is, Rent Control, Termite - Report Only, Trust/Conservatorship, Property Report
  • Listing Type: Exclusive Right With Exception
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $21,648
  • Net Operating Income: $.00
  • Gross Income: $0
  • Cap Rate: .00%
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $21,648.00
  • Actual Gross Annual Income: $21,648
  • Owner Pays: Water, Gardener, Other
  • Total Annual Expense: 1494
  • Water Expense: $90.00
  • Expense Pest: $35.00
  • Tax Expense: $229
  • Gardener Expense: $90
  • Insurance Expense: $900
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.1463
  • Lot Size Square Feet: 6374
  • Lot Size Dimensions: 42 x 150
  • Source Lot Size Dimensions: Assessor
  • Lot Features: Corners Marked, Rectangular Lot, Yard
  • Lot Description: Fenced Yard, Corners Established, Lot Shape-Rectangular, Sidewalks, Single Lot, Yard, Walk Street
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Carport, Shared Driveway, Carport Detached, Driveway - Concrete
  • Total Parking: 4
  • Parking Features: Carport, Shared Driveway, Detached Carport, Concrete
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Living Room
  • Levels: Two
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Carpet, Vinyl, Other, Linoleum
  • Equipment: None
  • Room Kitchen Features: Tile Counters
  • Kitchen Features: Tile Counters
  • Room Bathroom Features: Shower
  • Bathroom Features: Shower Stall
  • Common Walls: Attached
  • Cooking Appliances: Range, Oven, Free Standing Gas
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-01-2023
  • Listing Terms: Cash, Cash To New Loan, Conventional
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,804.00
  • Unit Actual Rent: $1,804.00
  • Unit Projected Rent: $1,804.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 1
  • Number Patio: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $95,619.00
  • Assessed Improvement Percent: 47.29
  • Assessed Land Value: $106,576.00
  • Assessed Land Percent: 52.71
  • Assessed Total Value: $202,195.00

Property History for 916 West 20th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 916 West 20th Street

Taxable ValueLand$108,707Additions$97,531Total$206,238
Tax Record2023$2,866 ($239 / month)
Home Facts
Total Finished SqFt2,705 SqFtAbove Grade Finished SqFt2,705 SqFtLot Size6,374 SqFtStyleDuplexYear Built1909ZoningLARD1.5CountyLOS ANGELESAPN5124-015-017

Schools near 916 West 20th Street

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
Charter - K to 8
Rating
School
Distance
Norwood Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

Downtown Value School
CharterK 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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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 eXp Realty of Greater Los Angeles, Conrado Delagarza, DRE #01995374; Coldwell Banker Realty, Mystoura Afolabi, DRE #01515906

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.