1123 South Crescent Heights Boulevard

Los Angeles, CA 90035

$1,600,000
Price
6
Beds
4
Baths
3,474 Sq. Ft.
$461 / Sq. Ft.
3,474
Sq. Ft.
$461
per Sq. Ft.

Description

Don't miss out on this prime investment opportunity nestled in the desirable Carthay Circle neighborhood! This beautifully designed duplex spans 3,592 sq. ft. and features two spacious units. Each unit boasts a generous living room, formal dining room, breakfast room, 3 bedrooms, 2 bathrooms, and a laundry room. The property offers a large, fenced backyard. Additionally, there are two, two-car garages with alley access, leading directly into the enclosed backyard. Tenant occupied, please do not disturb...Don't miss out on this prime investment opportunity nestled in the desirable Carthay Circle neighborhood! This beautifully designed duplex spans 3,592 sq. ft. and features two spacious units. Each unit boasts a generous living room, formal dining room, breakfast room, 3 bedrooms, 2 bathrooms, and a laundry room. The property offers a large, fenced backyard. Additionally, there are two, two-car garages with alley access, leading directly into the enclosed backyard. Tenant occupied, please do not disturb occupants.

Property Details for 1123 South Crescent Heights Boulevard

Zoning
LAR2
Parcel Number
5087014019
Total Units
2.0
Living Area
3474
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
none
Lot Size Area
6374
LISTING UPDATED: 10/14/2024 08:02 AM

Property Details for 1123 South Crescent Heights Boulevard

StatusActive
MLS #24-447619
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1934
Lot Size0.15 AC / 6,374 SF
CountyLos Angeles County

Building Information for 1123 South Crescent Heights Boulevard

Stories-Residences-Year Built1934Building Size-Lot Size0.15 AC / 6,374 SF

Property Information for 1123 South Crescent Heights Boulevard

Community / Development
Community / Development
  • Tax Mello Roos: Unknown
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 2
Contract Info
Contract Info
  • Probate: Yes
  • Disclosures: Probate
  • Listing Type: Probate
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $123,600
  • Net Operating Income: $112,387.00
  • Gross Income: $123,600
  • Gross Rent Multiplier: $12.95
  • Actual Annual Gross Rent: $1,236,000.00
  • Financial Info as Of: 10/01/2024
  • Total Annual Expense: 11213
  • Tax Expense: $7,213
  • Insurance Expense: $1,500
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.1463
  • Lot Size Square Feet: 6374
Parking Details
Parking Details
  • Parking Garage: Detached, Garage - 4+ Car
  • Total Parking: 0
  • Garage Spaces Total: 4
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Equipment: Range/Oven, Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-01-2024
  • Listing Terms: Probate
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,718.00
  • Unit Actual Rent: $4,718.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,800.00
  • Unit Actual Rent: $4,800.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $291,000.00
  • Assessed Improvement Percent: 51.23
  • Assessed Land Value: $277,000.00
  • Assessed Land Percent: 48.77
  • Assessed Total Value: $568,000.00

Property History for 1123 South Crescent Heights Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1123 South Crescent Heights Boulevard

Taxable ValueLand$277,000Additions$291,000Total$568,000
Tax Record2024$7,211 ($601 / month)
Home Facts
Total Finished SqFt3,474 SqFtAbove Grade Finished SqFt3,474 SqFtLot Size6,372 SqFtStyleDuplexYear Built1934ZoningLAR2CountyLOS ANGELESAPN5087-014-019

Schools near 1123 South Crescent Heights Boulevard

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

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 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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1123 South Crescent Heights Boulevard is a multi-family home for sale in Los Angeles, CA 90035. This property was listed for sale on October 1, 2024 by The CREM Group, it's currently listed at $1,600,000. It has been on the market for a total of 22 days and was last sold on November 16, 2004. This listing's school district is Los Angeles Unified School District. Nearby schools include Carthay Center Elementary, Emerson Community Charter School and Fairfax Senior High School. 1123 South Crescent Heights Boulevard is a 6-bed, 4-bath, 3,474 sqft multi-family home built in 1934.

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 The CREM Group, Mark Cianciulli, DRE #01990266

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.