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    1731 S New England St

    Los Angeles, CA 90006
    • $1,099,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 21-756896
    UPDATED: 55 min ago
    $1,099,000
    • 7
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,654
      SQFT
    • $414
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Two homes on one lot on a street booming with development. Great for 1031 exchange or well-considered investment opportunity close to DTLA, Koreatown, 10 Freeway with a potential income of $108,000 per year while your property appreciates in value. You're instantly at home on the soothing front porch and once you step into this chic, upgraded home featuring a detached accessory dwelling unit (ADU), you will be blown away. Totaling 7-bed, 4-bath, and 2,654 SF, the property features a 1,760 SF front house with an open floor plan, recessed lights, new windows, new kitchen, HVAC, primary with en-suite. The front home also provides for an optional 1-bed, 1-bath 386 SF Junior ADU in the attic. The detached, permitted, 2-bed, 1-bath 508 SF ADU at the rear features new systems, including tankless water heater and mini-split A|C. Newly-paved concrete driveway and perimeters, privacy fencing, custom sliding front gates, new floors, electrical panels, and more. Light and bright, this property's updated appeal, central location, and income potential are sure to impress. Potential rents: $5k main house, $2.5k ADU, $1.5k JDU (if created). Access to Staples Center, FIDM, USC, Loyola, and eateries such as Bacari, El Colmao, Papa Cristo's, and Holbox just minutes away.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T07:42:27.82. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/119061687
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    1731 S New England St Los Angeles, CA 90006

    • Price: $1,099,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 21-756896
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,654
    SQFT
    $414
    $/SQFT
    1912
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Two homes on one lot on a street booming with development. Great for 1031 exchange or well-considered investment opportunity close to DTLA, Koreatown, 10 Freeway with a potential income of $108,000 per year while your property appreciates in value. You're instantly at home on the soothing front porch and once you step into this chic, upgraded home featuring a detached accessory dwelling unit (ADU), you will be blown away. Totaling 7-bed, 4-bath, and 2,654 SF, the property features a 1,760 SF front house with an open floor plan, recessed lights, new windows, new kitchen, HVAC, primary with en-suite. The front home also provides for an optional 1-bed, 1-bath 386 SF Junior ADU in the attic. The detached, permitted, 2-bed, 1-bath 508 SF ADU at the rear features new systems, including tankless water heater and mini-split A|C. Newly-paved concrete driveway and perimeters, privacy fencing, custom sliding front gates, new floors, electrical panels, and more. Light and bright, this property's updated appeal, central location, and income potential are sure to impress. Potential rents: $5k main house, $2.5k ADU, $1.5k JDU (if created). Access to Staples Center, FIDM, USC, Loyola, and eateries such as Bacari, El Colmao, Papa Cristo's, and Holbox just minutes away.
    Exterior Features

    Cross Streets Washington And Vermont Direction Faces East Entry Location Main Level Exterior Construction Stucco Levels Multi/Split Lot Description Fenced YardFront YardLandscapedBack YardFenced Lot Size Area 4637 Other Structures Accessory Dwelling Unit Parking Garage Driveway Patio Features Concrete SlabPorch - Front Paved YN Yes Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Sprinklers Drip System Style Bungalow Total Parking 3 View Description Walk Street View YN Yes

    Interior Features

    Bathroom Features Shower Over Tub Baths Total 4.00 Bedroom Features Ground Floor MasterMaster Suite Common Walls Detached/No Common Walls Cooling Air Conditioning Den No Dining Room No Equipment Gas Dryer HookupHood FanGarbage Disposal Family Room Yes Fireplace Rooms Decorative Flooring MixedLaminateCeramic Tile Foundation Details RaisedSlab Heating Central Kitchen Features RemodeledKitchenette Laundry InsideRoomLaundry Area Rooms 2nd Story Family RoomBonus RoomGuest HouseIn-Law SuiteMaster BedroomDining AreaUtility Room Water Heater Features GasTanklessWater Heater Unit Windows Double Pane Windows

    Property Features

    Alley YN No Gross Income 9000 Gross Operating Income 108000 Land Lease Type Fee Like Units1 1 Like Units2 1 Net Operating Income 96126.00 Number Of Buildings 2 Number Of Units 2 Property Condition Updated/Remodeled Sale Type Standard Security Features GatedSmoke Detector Sewer In Connected And Paid Source Living Area Taped Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 11874 Type Of Units 2 On A Lot Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Carlos Castillo DRE#01254307 of The Agency.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T07:42:27.82. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Pasadena CA, 91101