3535 Atwater Ave

Los Angeles, CA 90039

$998,800
Price
4
Beds
2
Baths
1,950 Sq. Ft.
$512 / Sq. Ft.
1,950
Sq. Ft.
$512
per Sq. Ft.

Description

Discover a rare investment opportunity in the heart of Atwater Village—a duplex featuring two identical 2-bedroom, 1-bathroom units with incredible potential for investors or owner-occupants looking to maximize rental income. Each unit offers a functional layout with bright living spaces, dedicated laundry hookups, and separate utilities, allowing for flexible rental arrangements. The property includes a shared courtyard, off-street parking, and a prime location in one of LA’s most sought-after neighborhoods....Discover a rare investment opportunity in the heart of Atwater Village—a duplex featuring two identical 2-bedroom, 1-bathroom units with incredible potential for investors or owner-occupants looking to maximize rental income. Each unit offers a functional layout with bright living spaces, dedicated laundry hookups, and separate utilities, allowing for flexible rental arrangements. The property includes a shared courtyard, off-street parking, and a prime location in one of LA’s most sought-after neighborhoods. Atwater Village offers a vibrant community with easy access to Griffith Park, the LA River Bike Path, and an array of popular restaurants, cafes, and shops. Convenient freeway access to the 5, 2, and 134 makes commuting a breeze, with Downtown LA just 15 minutes away. With strong rental demand in the area, this duplex presents an excellent opportunity for those looking to renovate and add value. Whether you're an investor seeking rental income or a homeowner interested in offsetting your mortgage, this property is ready for its next chapter. Don't miss the chance to own in one of LA's most rapidly appreciating neighborhoods!
  1. Listed by Daniel Boyer • DRE #01355369 • Brokerage DRE #01360308 • SOUTHLAND PROPERTIES • 626-484-0688
  2. Listed by Debra Montague • DRE #02102442 • Brokerage DRE #01360308 • SOUTHLAND PROPERTIES

Property Details for 3535 Atwater Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1950

Location

Listing Courtesy of SOUTHLAND PROPERTIES, Daniel Boyer, DRE #01355369; SOUTHLAND PROPERTIES, Debra Montague, DRE #02102442
Add your commute
LISTING UPDATED: 03/24/2025 05:20 AM

Property Details for 3535 Atwater Avenue

StatusActive
MLS #CV24218491
Days on Market189
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1933
Lot Size0.16 AC / 6,754 SF
CountyLos Angeles County

Building Information for 3535 Atwater Avenue

Stories1Residences-Year Built1933Building Size-Lot Size0.16 AC / 6,754 SF

Payment Calculator

$5,492 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,233

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3535 Atwater Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $16,950
  • Gross Scheduled Income: $16,950
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: D
  • Tax Tract Number: 1723
  • Tax Census Tract: 1871.01
  • CFD/Mello-Roos Fee: $556
  • Tax Lot: 45
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Room Type: Living Room
  • Laundry: Yes
  • Laundry Features: Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
Exterior Features
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
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 Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 2750
  • 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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $613
  • Unit Type Total Rent: $613
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 3535 Atwater 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 3535 Atwater Avenue

Taxable ValueLand$179,209Additions$33,828Total$213,037
Tax Record2024$3,112 ($259 / month)
Home Facts
Total Finished SqFt1,950 SqFtAbove Grade Finished SqFt1,950 SqFtLot Size6,751 SqFtStyleDuplexYear Built1933ZoningLAR1CountyLOS ANGELESAPN5436-015-023

Schools near 3535 Atwater Avenue

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

John Marshall Senior 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

Similar Sold Homes

3535 Atwater Avenue is a multi-family home for sale in Los Angeles, CA 90039. This property was listed for sale on November 10, 2024 by SOUTHLAND PROPERTIES, it's currently listed at $998,800. This listing's school district is Los Angeles Unified School District. Nearby schools include Atwater Avenue Elementary School, Washington Irving Mid School Math Music and Engr Magnet and John Marshall Senior High School. 3535 Atwater Avenue is a 4-bed, 2-bath, 1,950 sqft multi-family home built in 1933.

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 SOUTHLAND PROPERTIES, Daniel Boyer, DRE #01355369; SOUTHLAND PROPERTIES, Debra Montague, DRE #02102442

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.