10408 Kalmia Street

Los Angeles, CA 90002

$515,000
Price
4
Beds
2
Baths
1,555 Sq. Ft.
$331 / Sq. Ft.
1,555
Sq. Ft.
$331
per Sq. Ft.

Description

Attention Investors! This duplex offers an incredible opportunity for those looking to flip or add to their buy-and-hold portfolio. Situated on a large lot, this property has the potential to maximize value. One unit is tenant-occupied, and the buyer must assume the tenant as part of the sale. The tenant is open to cash for keys to voluntarily terminate tenancy. With its expansive lot size and versatility, this property presents endless possibilities for renovation or expansion. Don't miss the chance...Attention Investors! This duplex offers an incredible opportunity for those looking to flip or add to their buy-and-hold portfolio. Situated on a large lot, this property has the potential to maximize value. One unit is tenant-occupied, and the buyer must assume the tenant as part of the sale. The tenant is open to cash for keys to voluntarily terminate tenancy. With its expansive lot size and versatility, this property presents endless possibilities for renovation or expansion. Don't miss the chance to invest in a property with so much upside! This property is a cash sale only. No financing offers will be considered. Please do do disturb any occupants
  1. Listed by Ricardo Curtis • DRE #01464851 • Brokerage DRE #01464851 • Jacob, Christopher & Lee Rlty

Property Details for 10408 Kalmia Street

Zoning
LAR1
Style
Shotgun
Parcel Number
6066015059
Total Units
2.0
Living Area
1555
Source Living Area
Vendor Enhanced
Area
Metropolitan South (C37)
Subdivision Name
FORTHMANN TRACT LOT 5O3 AND N 2O FT OF LOT 504
LISTING UPDATED: 12/17/2024 09:31 PM

Property Details for 10408 Kalmia Street

StatusActive
MLS #24-467791
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.13 AC / 5,853 SF
CountyLos Angeles County

Building Information for 10408 Kalmia Street

Stories1Residences-Year Built1930Building Size-Lot Size0.13 AC / 5,853 SF

Property Information for 10408 Kalmia Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
  • Builders Tract Name: FORTHMANN TRACT LOT 5O3 AND N 2O FT OF LOT 504
Structure Info
Structure Info
  • Year Built Source: Estimated
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • View: Yes
  • View Description: Walk Street
  • Sewer: In Street
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Private
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $39,000
  • Net Operating Income: $20,160.00
  • Gross Income: $39,000
  • Gross Rent Multiplier: $1.00
  • Actual Gross Annual Income: $20,160
  • Actual Rent Total: $20,160.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1344
  • Lot Size Square Feet: 5853
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Garbage Disposal
Exterior Features
Exterior Features
  • Roof: Composition, Shingle
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-05-2024
  • Listing Terms: Cash, Take Property As Is, Standard Sale
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,268.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,824.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $16,461.00
  • Assessed Improvement Percent: 70.77
  • Assessed Land Value: $6,798.00
  • Assessed Land Percent: 29.23
  • Assessed Total Value: $23,259.00

Property History for 10408 Kalmia 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 10408 Kalmia Street

Taxable ValueLand$6,933Additions$17,050Total$23,983
Tax Record2024$864 ($72 / month)
Home Facts
Total Finished SqFt1,555 SqFtAbove Grade Finished SqFt1,555 SqFtLot Size5,851 SqFtStyleDuplexZoningLAR1CountyLOS ANGELESAPN6066-015-059

Schools near 10408 Kalmia 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 - 9 to 12
Rating
School
Distance
Weigand Avenue Elementary School
PublicK to 5

Edwin Markham Middle School
Public6 to 8

Jordan High School
Public9 to 12

Animo College Preparatory Academy
Charter9 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.

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10408 Kalmia Street is a multi-family home for sale in Los Angeles, CA 90002. This property was listed for sale on December 5, 2024 by Jacob, Christopher & Lee Rlty, it's currently listed at $515,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Weigand Avenue Elementary School, Edwin Markham Middle School and Jordan High School. 10408 Kalmia Street is a 4-bed, 2-bath, 1,555 sqft multi-family home built in 1930.

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 Jacob, Christopher & Lee Rlty, Ricardo Curtis, DRE #01464851

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.