455 Solano Avenue

Los Angeles, CA 90012

$833,000
Price
6
Beds
4
Baths
2,152 Sq. Ft.
$387 / Sq. Ft.
2,152
Sq. Ft.
$387
per Sq. Ft.

Description

Excellent investment opportunity located in LA's Elysian Park in the Historic Solano Canyon neighborhood. Centrally located right in the heart of the city, on the cusp of Echo Park, and so many of the landmarks that Los Angeles offers, including Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, Elysian Park, along with so many walking trails, public spaces, and viewpoints... too many to list here! Offering both architecture and investment value,...Excellent investment opportunity located in LA's Elysian Park in the Historic Solano Canyon neighborhood. Centrally located right in the heart of the city, on the cusp of Echo Park, and so many of the landmarks that Los Angeles offers, including Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, Elysian Park, along with so many walking trails, public spaces, and viewpoints... too many to list here! Offering both architecture and investment value, this Classical Queen Anne Victorian home in the front offers a single, detached home with 3 bedrooms and 2 bathrooms. Rear two story building features 2 additional units, one of which has 1 bedroom and 1 bath, and the other with 2 bedrooms and 1 bath. Plenty of room for cars in the driveway. Great long-term tenants with ease of management for a new owner.
  1. Listed by Rodman Amiri • DRE #01760226 • Brokerage DRE #01845055 • Merit Real Estate • 310-989-6704
  2. Listed by Amir Amiri • DRE #01041226 • Brokerage DRE #01845055 • Merit Real Estate

Property Details for 455 Solano Avenue

Architectural Style
Victorian
Parking Spaces Total
1
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2152
Assessor Parcel Number
5414-025-003
LISTING UPDATED: 11/05/2024 02:59 AM

Property Details for 455 Solano Avenue

StatusActive
MLS #PV24213267
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.13 AC / 5,582 SF
CountyLos Angeles County

Building Information for 455 Solano Avenue

Stories2Residences-Year Built1937Building Size-Lot Size0.13 AC / 5,582 SF

Property Information for 455 Solano Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $43,692
  • Gross Scheduled Income: $43,692
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $43,692
  • Net Operating Income: $19,290
Expense Details
  • Operating Expense: $24,402
  • New Taxes Expense: $10,413
  • Gardener Expense: $360
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $120
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,071
  • Maintenance Expense: $1,861
  • Professional Management Expense: $2,803
  • Workmans Compensation Expense: $0
  • Other Expense: $1,607
  • Other Expense Description: Other
  • Trash Expense: $5,095
  • Water Sewer Expense: $1,679
  • Total Expenses: $24,402
Tax / Assessment Info
  • Tax Tract Number: SOLANO
  • Tax Census Tract: 2060.10
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 55
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Sloped Down, Rectangular Lot, Near Public Transit
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,751
  • Unit Type Total Rent: $1,751
  • Unit Type Pro Forma: 3000
  • 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: Yes
  • Unit Type Actual Rent: $1,066
  • Unit Type Total Rent: $1,066
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $824
  • Unit Type Total Rent: $824
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • 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 455 Solano 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 455 Solano Avenue

Taxable ValueLand$165,742Additions$205,237Total$370,979
Tax Record2024$4,954 ($413 / month)
Home Facts
Total Finished SqFt2,152 SqFtAbove Grade Finished SqFt2,152 SqFtLot Size5,580 SqFtStyleTriplexZoningLARD2CountyLOS ANGELESAPN5414-025-003

Schools near 455 Solano 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
Public - 9 to 12
Rating
School
Distance
Solano Avenue Elementary School
PublicK to 6

Florence Nightingale Middle School
Public6 to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

455 Solano Avenue is a multi-family home for sale in Los Angeles, CA 90012. This property was listed for sale on October 14, 2024 by Merit Real Estate, it's currently listed at $833,000. It has been on the market for a total of 67 days and was last sold on October 30, 2000. This listing's school district is Los Angeles Unified School District. Nearby schools include Solano Avenue Elementary School, Florence Nightingale Middle School and Woodrow Wilson Senior High School. 455 Solano Avenue is a 6-bed, 4-bath, 2,152 sqft multi-family home built in 1937.

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 Merit Real Estate, Rodman Amiri, DRE #01760226; Merit Real Estate, Amir Amiri, DRE #01041226

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.