1741 South New England Street

Los Angeles, CA 90006

$1,100,000
Price
7
Beds
5
Baths
3,118 Sq. Ft.
$353 / Sq. Ft.
3,118
Sq. Ft.
$353
per Sq. Ft.

Description

Prime investment or development opportunity just minutes to Downtown Los Angeles! This 4 unit property features two separate buildings. The front building features 2 bedrooms/2 baths, the second unit is 1 bedroom/1 bath. The back building features a 3 bedroom/1 bath unit upstairs, and a 1 bedroom/1 bath unit downstairs. The property also includes attached two 2-car garages. Prime location and just minutes from Crypto Arena, L. A. Live, and convenient access to the 10 and 101 freeways, this property...Prime investment or development opportunity just minutes to Downtown Los Angeles! This 4 unit property features two separate buildings. The front building features 2 bedrooms/2 baths, the second unit is 1 bedroom/1 bath. The back building features a 3 bedroom/1 bath unit upstairs, and a 1 bedroom/1 bath unit downstairs. The property also includes attached two 2-car garages. Prime location and just minutes from Crypto Arena, L. A. Live, and convenient access to the 10 and 101 freeways, this property is zoned RD1.5. Don’t miss out on this opportunity to own a versatile and centrally located asset in a high-demand market!
  1. Listed by Nancy Zelada • DRE #01729263 • Brokerage DRE #01008773 • First Team Real Estate • 323-603-6885

Property Details for 1741 South New England Street

Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3118
Assessor Parcel Number
5056-017-011
LISTING UPDATED: 11/15/2024 10:20 PM

Property Details for 1741 South New England Street

StatusActive
MLS #DW24233749
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.15 AC / 6,622 SF
CountyLos Angeles County

Building Information for 1741 South New England Street

Stories2Residences-Year Built1922Building Size-Lot Size0.15 AC / 6,622 SF

Property Information for 1741 South New England Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Other
Income / Expense / Tax Details
Income Details
  • Gross Income: $69,720
  • Gross Scheduled Income: $69,720
  • Net Operating Income: $69,720
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $13,750
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $300
  • Total Expenses: $13,750
Tax / Assessment Info
  • Tax Tract Number: 210
  • Tax Census Tract: 2211.20
  • CFD/Mello-Roos Fee: $574
  • Tax Lot: 32
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Wall
  • Heating: Central, Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Multi/Split
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Garage - 2 Car, Gated
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, Garage - Two Door, Gated
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $970
  • Unit Type Total Rent: $970
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $835
  • Unit Type Total Rent: $835
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,970
  • Unit Type Total Rent: $1,970
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,035
  • Unit Type Total Rent: $2,035
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1741 South New England 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 1741 South New England Street

Taxable ValueLand$420,635Additions$180,269Total$600,904
Tax Record2024$7,779 ($648 / month)
Home Facts
Total Finished SqFt3,118 SqFtAbove Grade Finished SqFt3,118 SqFtLot Size6,620 SqFtStyleQuadraplexYear Built1922ZoningLARD1.5CountyLOS ANGELESAPN5056-017-011

Schools near 1741 South New England 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 - 6 to 12
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory 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.

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1741 South New England Street is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on November 13, 2024 by First Team Real Estate, it's currently listed at $1,100,000. It has been on the market for a total of 8 days and was last sold on July 31, 2013. This listing's school district is Los Angeles Unified School District. Nearby schools include Magnolia Avenue Elementary School, Berendo Middle School and West Adams Preparatory High School. 1741 South New England Street is a 7-bed, 5-bath, 3,118 sqft multi-family home built in 1922.

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 First Team Real Estate, Nancy Zelada, DRE #01729263

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.