10603 Lou Dillon Avenue

Los Angeles, CA 90002

$899,000
Price
5
Beds
4
Baths
1,614 Sq. Ft.
$557 / Sq. Ft.
1,614
Sq. Ft.
$557
per Sq. Ft.

Description

Welcome to 10603 Lou Dillon Avenue a versatile triplex offering incredible opportunities for first-time buyers, investors, or extended families. This property is delivered fully vacant and is ready for immediate occupancy. Unit 1: This spacious 3-bedroom, 2-bathroom home has been fully remodeled and is move-in ready. It features updated flooring, a modern open concept kitchen, stylish bathrooms, and fresh paint throughout. Units 2 & 3: Located in a detached building, these two identical 1-bedroom,...Welcome to 10603 Lou Dillon Avenue a versatile triplex offering incredible opportunities for first-time buyers, investors, or extended families. This property is delivered fully vacant and is ready for immediate occupancy. Unit 1: This spacious 3-bedroom, 2-bathroom home has been fully remodeled and is move-in ready. It features updated flooring, a modern open concept kitchen, stylish bathrooms, and fresh paint throughout. Units 2 & 3: Located in a detached building, these two identical 1-bedroom, 1-bathroom units are both recently updated with new flooring and fresh paint. This property is ideal for a first-time buyer looking to live in a beautifully updated unit while renting out the other two. Perfect for investors seeking passive cash flow by renting all three units, or for a large family looking for separate living spaces within a single property. Property also features ample parking available at both the front and rear of the property. Expansive lot with potential to extend or build an additional unit. Prime location with easy access to local amenities and transport links. Whether you're looking to reside in one unit and rent the others, generate passive income from all three units, or accommodate a big family, this property offers the flexibility and potential to meet your needs. Don't miss this unique opportunity.
  1. Listed by Raul Herrera • DRE #02043227 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 10603 Lou Dillon Avenue

Zoning
LAR1
Style
Contemporary
Parcel Number
6066010011
Total Units
3.0
Living Area
1614
Source Living Area
Assessor
Area
Metropolitan South (C37)
Vacancy Rate
100
LISTING UPDATED: 11/22/2024 02:07 PM

Property Details for 10603 Lou Dillon Avenue

StatusActive
MLS #24-426659
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.15 AC / 6,507 SF
CountyLos Angeles County

Building Information for 10603 Lou Dillon Avenue

Stories1Residences-Year Built1923Building Size-Lot Size0.15 AC / 6,507 SF

Property Information for 10603 Lou Dillon Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: detached
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $80,400
  • Net Operating Income: $75,000.00
  • Gross Income: $80,400
  • Gross Rent Multiplier: $11.00
  • Total Annual Expense: 6000
  • Water Expense: $500.00
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1494
  • Lot Size Square Feet: 6507
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 8
  • Parking Features: Driveway
Interior Features
Interior Features
  • Room Type: Primary Bathroom, Living Room
  • Rooms: Master Bedroom, Living Room
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Ceiling Fan
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Laminate
  • Equipment: None
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Shingle
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-12-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,200.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $178,500.00
  • Assessed Improvement Percent: 24.14
  • Assessed Land Value: $561,000.00
  • Assessed Land Percent: 75.86
  • Assessed Total Value: $739,500.00

Property History for 10603 Lou Dillon 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 10603 Lou Dillon Avenue

Taxable ValueLand$572,220Additions$182,070Total$754,290
Tax Record2024$9,817 ($818 / month)
Home Facts
Total Finished SqFt1,614 SqFtAbove Grade Finished SqFt1,614 SqFtLot Size6,505 SqFtStyleTriplexYear Built1923ZoningLAR1CountyLOS ANGELESAPN6066-010-011

Schools near 10603 Lou Dillon Avenue

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
Florence Griffith Joyner Elementary School
PublicK to 5

Edwin Markham Middle School
Public6 to 8

Jordan High 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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10603 Lou Dillon Avenue is a multi-family home for sale in Los Angeles, CA 90002. This property was listed for sale on August 12, 2024 by eXp Realty of California Inc, it's currently listed at $899,000. It has been on the market for a total of 38 days and was last sold on November 19, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Florence Griffith Joyner Elementary School, Edwin Markham Middle School and Jordan High School. 10603 Lou Dillon Avenue is a 5-bed, 4-bath, 1,614 sqft multi-family home built in 1923.

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 eXp Realty of California Inc, Raul Herrera, DRE #02043227

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.