330 North Lorena Street

Los Angeles, CA 90063

$1,095,000
Price
6
Beds
3
Baths
2,052 Sq. Ft.
$534 / Sq. Ft.
2,052
Sq. Ft.
$534
per Sq. Ft.

Description

Excellent income property features three 2 bedroom 1 bath units in one 2052sqft structure plus large basement storage rooms and laundry room. See supplements for floorplans as approved when read two units were added. This property has lots of potential and possibilities especially with an Oversized 9320 sqft buildable lot zoned for more units that has both front street and alley access. No Garage is featured, but fairly flat lot accommodates plenty of parking for each tenant. Evergreen Cemetery Jogging...Excellent income property features three 2 bedroom 1 bath units in one 2052sqft structure plus large basement storage rooms and laundry room. See supplements for floorplans as approved when read two units were added. This property has lots of potential and possibilities especially with an Oversized 9320 sqft buildable lot zoned for more units that has both front street and alley access. No Garage is featured, but fairly flat lot accommodates plenty of parking for each tenant. Evergreen Cemetery Jogging Path, El Pino, El Mercadito, Los 5 Puntos, and 1st St Business Corridor, Indiana Gold Line Metro Station are among the many local landmarks within walking distance. Excellent access and close proximity to various freeways (10, 710, 60, 5 and 101), Downtown LA, LAC/USC Medical Center, Union Station, Cal State LA, Arts District, Boyle Heights, City Terrace. Excellent opportunity and expected to meet all forms of financing, but buyer to take on any lender required repairs, if any. Assessor records show 7 bedrooms but it is being used as and is reflected in approved floorplans as a 6 bedroom triplex. Building has full copper plumbing, raised foundation and attic access for easy maintenance, and it also equipped with fire sprinklers, 4 separate gas and electricity meters and water pressure regulator.
  1. Listed by Sergio Macias • DRE #01247110 • Brokerage DRE #00745605 • Seven Gables Real Estate • 5626184153

Property Details for 330 North Lorena Street

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
50 x 186
LISTING UPDATED: 12/07/2024 10:28 PM

Property Details for 330 North Lorena Street

StatusActive
MLS #OC24246099
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.21 AC / 9,323 SF
CountyLos Angeles County

Building Information for 330 North Lorena Street

Stories1Residences-Year Built1990Building Size-Lot Size0.21 AC / 9,323 SF

Property Information for 330 North Lorena Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Telephone, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $48,463
  • Net Operating Income: $43,463
Expense Details
  • Operating Expense: $5,000
  • Fuel Expense: $0
  • Licenses Expense: $771
  • Electric Expense: $0
  • Insurance Expense: $1,000
  • Other Expense: $4,000
  • Other Expense Description: Utilitie
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $5,000
Tax / Assessment Info
  • Tax Tract Number: 2039
  • Tax Census Tract: 2039.00
  • CFD/Mello-Roos Fee: $476
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Copper Plumbing Partial
  • Laundry: Yes
  • Laundry Features: Community, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Roof: Common Roof, Composition
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Green Info
  • Walk Score: 86
Land/Lot Info
  • Lot Features: Lot 6500-9999, Rectangular Lot, Near Public Transit
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Uncovered
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Uncovered
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: $1,756
  • Unit Type Total Rent: $1,760
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • 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: $1,123
  • Unit Type Total Rent: $1,127
  • 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: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,147
  • Unit Type Total Rent: $1,151
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 330 North Lorena 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 330 North Lorena Street

Taxable ValueLand$233,556Additions$126,243Total$359,799
Tax Record2024$4,792 ($399 / month)
Home Facts
Total Finished SqFt2,052 SqFtAbove Grade Finished SqFt2,052 SqFtStories1Lot Size9,320 SqFtStyleTriplexYear Built1909ZoningLARD1.5CountyLOS ANGELESAPN5179-020-008

Schools near 330 North Lorena 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
Public - 9 to 12
Rating
School
Distance
Belvedere Elementary School
PublicK to 5

Belvedere Middle School
Public6 to 8

Felicitas And Gonzalo Mendez High
Public9 to 12

Theodore Roosevelt Senior High
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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330 North Lorena Street is a multi-family home for sale in Los Angeles, CA 90063. This property was listed for sale on December 7, 2024 by Seven Gables Real Estate, it's currently listed at $1,095,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Belvedere Elementary School, Belvedere Middle School and Felicitas And Gonzalo Mendez High. 330 North Lorena Street is a 6-bed, 3-bath, 2,052 sqft multi-family home built in 1990.

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 Seven Gables Real Estate, Sergio Macias, DRE #01247110

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.