148 South Ave 53

Los Angeles, CA 90042

$1,100,000
Price
7
Beds
4
Baths
2,916 Sq. Ft.
$377 / Sq. Ft.
2,916
Sq. Ft.
$377
per Sq. Ft.

Description

Nestled in the highly sought-after Highland Park area, this charming duplex presents an exceptional opportunity for homeowners and investors alike. Situated just a block away from Figueroa St and its vibrant array of eateries, cafes, shops, and galleries, convenience and culture intertwine seamlessly in this prime location. With a little TLC this is ideal for both owner used and investors, the units are thoughtfully designed with separate electric and gas meters, ensuring privacy and ease of utility...Nestled in the highly sought-after Highland Park area, this charming duplex presents an exceptional opportunity for homeowners and investors alike. Situated just a block away from Figueroa St and its vibrant array of eateries, cafes, shops, and galleries, convenience and culture intertwine seamlessly in this prime location. With a little TLC this is ideal for both owner used and investors, the units are thoughtfully designed with separate electric and gas meters, ensuring privacy and ease of utility management. Whether you're seeking a savvy investment opportunity or envisioning your dream home in this bustling neighborhood, this duplex promises endless possibilities. Experience the dynamic energy of Highland Park while enjoying the flexibility and potential for growth that this property affords. This is a historically zone property.
  1. Listed by Alex Carranza • DRE #02090613 • Brokerage DRE #01368364 • Keller Williams Beach Cities • 818-687-7632
  2. Listed by Carolina Hernandez • DRE #01943679 • Brokerage DRE #01368364 • Keller Williams Beach Cities

Property Details for 148 South Ave 53

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2916
Assessor Parcel Number
5468-016-017
Property Attached YN
true

Location

Listing Courtesy of Keller Williams Beach Cities, Alex Carranza, DRE #02090613; Keller Williams Beach Cities, Carolina Hernandez, DRE #01943679
Add your commute
LISTING UPDATED: 05/07/2024 07:31 AM

Property Details for 148 South Ave 53

StatusActive
MLS #SB24083240
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.19 AC / 8,301 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beach Cities, Alex Carranza, DRE #02090613; Keller Williams Beach Cities, Carolina Hernandez, DRE #01943679
Add your commute

Building Information for 148 South Ave 53

Stories2Residences-Year Built1905Building Size-Lot Size0.19 AC / 8,301 SF

Payment Calculator

$6,395 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$392

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 148 South Ave 53

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $56,400
  • Net Operating Income: $14,616
  • Garage Income: $0
Expense Details
  • Operating Expense: $12,000
  • Fuel Expense: $0
  • Electric Expense: $1,200
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $4,800
  • Total Expenses: $6,000
Tax / Assessment Info
  • Tax Block: 40
  • Tax Tract Number: 3
  • Tax Census Tract: 1838.10
  • CFD/Mello-Roos Fee: $454
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
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
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • 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 148 South Ave 53

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 148 South Ave 53

Taxable ValueLand$231,052Additions$130,754Total$361,806
Tax Record2023$4,710 ($392 / month)
Home Facts
Total Finished SqFt2,916 SqFtAbove Grade Finished SqFt2,916 SqFtLot Size8,298 SqFtStyleDuplexYear Built1905ZoningLARD2CountyLOS ANGELESAPN5468-016-017

Schools near 148 South Ave 53

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

Benjamin Franklin Senior High School
Public6 to 12

Arroyo Seco Museum Science
PublicK to 8

Highland Park Continuation School
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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148 South Ave 53 is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on May 3, 2024 by Keller Williams Beach Cities, it's currently listed at $1,100,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Monte Vista Street Elementary School, Benjamin Franklin Senior High School and Arroyo Seco Museum Science. 148 South Ave 53 is a 7-bed, 4-bath, 2,916 sqft multi-family home built in 1905.

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 Keller Williams Beach Cities, Alex Carranza, DRE #02090613; Keller Williams Beach Cities, Carolina Hernandez, DRE #01943679

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.