1017 South Herbert Avenue

Los Angeles, CA 90023

$1,050,000
Price
3
Beds
5
Baths
2,936 Sq. Ft.
$358 / Sq. Ft.
2,936
Sq. Ft.
$358
per Sq. Ft.

Description

Prime Los Angeles income property located in opportunity zone! Property has 2 addresses 1017 and 1019. 4 one -bedroom unit and 1 two-bedroom unit.
1/2 Block from Los Angeles Doctor Hospital. Do not disturb tenants! Great opportunity. Currently rent is low for this area
Prime Los Angeles income property located in opportunity zone! Property has 2 addresses 1017 and 1019. 4 one -bedroom unit and 1 two-bedroom unit.
1/2 Block from Los Angeles Doctor Hospital. Do not disturb tenants! Great opportunity. Currently rent is low for this area
  1. Listed by Arturo Aleman • DRE #01770189 • Brokerage DRE #01185753 • Save and Sell Real Estate • 7608317461

Property Details for 1017 South Herbert Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2936
Assessor Parcel Number
5239-013-016
Property Attached YN
false
LISTING UPDATED: 10/15/2024 02:48 AM

Property Details for 1017 South Herbert Avenue

StatusActive
MLS #HD24156543
Days on Market152
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.14 AC / 6,310 SF
CountyLos Angeles County

Building Information for 1017 South Herbert Avenue

Stories2Residences-Year Built1958Building Size-Lot Size0.14 AC / 6,310 SF

Property Information for 1017 South Herbert Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $4,000
  • Net Operating Income: $48,000
Expense Details
  • Operating Expense: $4,800
  • Fuel Expense: $0
  • Electric Expense: $380
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $650
  • Water Sewer Expense: $2,400
  • Total Expenses: $4,800
Tax / Assessment Info
  • Tax Tract Number: 3552
  • Tax Census Tract: 5313.01
  • CFD/Mello-Roos Fee: $2,871
  • Tax Lot: 110
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: Main entry
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
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: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $3,700
  • Unit Type Pro Forma: 3700
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 1017 South Herbert 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 1017 South Herbert Avenue

Taxable ValueLand$20,397Additions$72,802Total$93,199
Tax Record2024$4,069 ($339 / month)
Home Facts
Total Finished SqFt2,936 SqFtAbove Grade Finished SqFt2,936 SqFtLot Size6,308 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningLCR4YYCountyLOS ANGELESAPN5239-013-016

Schools near 1017 South Herbert Avenue

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

KIPP Academy Of Innovation
Charter5 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.

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1017 South Herbert Avenue is a multi-family home for sale in Los Angeles, CA 90023. This property was listed for sale on July 30, 2024 by Save and Sell Real Estate, it's currently listed at $1,050,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Eastman Avenue Elementary School, KIPP Academy Of Innovation and Hilda L. Solis Learning Academy School Of Technology, Business And Education. 1017 South Herbert Avenue is a 3-bed, 5-bath, 2,936 sqft multi-family home built in 1958.

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. 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 Save and Sell Real Estate, Arturo Aleman, DRE #01770189

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.