520 Solano Avenue

Los Angeles, CA 90012

$929,000
Price
10
Beds
6
Baths
3,412 Sq. Ft.
$272 / Sq. Ft.
3,412
Sq. Ft.
$272
per Sq. Ft.

Description

Triplex in Solano Canyon consists of two buildings; building facing Solano Av. has 4 bedrooms 1 3/4 baths built in 1897. Newer roof. A long driveway on the right side leading to back building built in 1968 and it consists of 3 single garage spaces on ground level. 3 parking spaces in front of the 3 car garage. Second level has a 3 bedroom 2 bathrooms with a view. Third level contains a 3 bedroom 2 bath unit with a new furnace installed November 2023 and a new water heater installed on December 2023....Triplex in Solano Canyon consists of two buildings; building facing Solano Av. has 4 bedrooms 1 3/4 baths built in 1897. Newer roof. A long driveway on the right side leading to back building built in 1968 and it consists of 3 single garage spaces on ground level. 3 parking spaces in front of the 3 car garage. Second level has a 3 bedroom 2 bathrooms with a view. Third level contains a 3 bedroom 2 bath unit with a new furnace installed November 2023 and a new water heater installed on December 2023. This unit has a view of the mountains at Elysian Park. Property is near LA Police Academy and Dodgers stadium. Two blocks from Los Angeles State Historic Park. Half of block away from I 110 freeway Solano Av. exit. Across the street and a few houses down from Solano Community Garden. A few minutes away from Chinatown and Olvera Street and from DTLA. Property borders Elysian Park. Subject to LA City RSO rules (LAHD). All property data deemed reliable but not guaranteed. Buyer and buyer's agent to investigate all information.
  1. Listed by ALONSO CALDERON • DRE #01371496 • Brokerage DRE #01209239 • NORTHSTAR R. E. GROUP, INC. • 213-503-7838

Property Details for 520 Solano Avenue

Architectural Style
Contemporary, Victorian
View
Canyon, Mountain(s)
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Public Records
LISTING UPDATED: 12/10/2024 08:11 AM

Property Details for 520 Solano Avenue

StatusActive
MLS #WS24231382
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1897
Lot Size0.13 AC / 5,836 SF
CountyLos Angeles County

Building Information for 520 Solano Avenue

Stories2Residences-Year Built1897Building Size-Lot Size0.13 AC / 5,836 SF

Property Information for 520 Solano Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $41,972
  • Gross Scheduled Income: $41,972
  • Net Operating Income: $24,223
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $17,749
  • New Taxes Expense: $10,227
  • Licenses Expense: $320
  • Electric Expense: $930
  • Insurance Expense: $3,002
  • Trash Expense: $0
  • Water Sewer Expense: $3,270
  • Total Expenses: $17,749
Tax / Assessment Info
  • Tax Tract Number: LOT 5
  • Tax Census Tract: 2060.10
  • CFD/Mello-Roos Fee: $570
  • Tax Lot: 5
Community / Development
Community / Development
  • Accessibility Features: See Remarks
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Biking, Park
Property / Structure Info
Interior Features
  • Appliances: Gas Water Heater
  • Equipment: Garage, Room
  • Interior Features: Unfurnished
  • Room Type: Primary Bathroom, Primary Bedroom
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: In Garage, Individual Room
  • Fireplace Features: Gas
  • Fireplace Rooms: Gas
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Central, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Central, Natural Gas
  • Flooring: Carpet, Vinyl, Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Drywall Walls, Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Rolled/Hot Mop, Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Foundation Details: See Remarks
  • Property Condition: Turnkey
  • View Description: Canyon
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: See Remarks
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,168
  • Unit Type Total Rent: $1,168
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,329
  • Unit Type Total Rent: $1,329
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Refrigerator: 4
  • Number Wall AC: 3

Property History for 520 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 520 Solano Avenue

Taxable ValueLand$500,000Additions$305,000Total$805,000
Tax Record2024$10,228 ($852 / month)
Home Facts
Total Finished SqFt3,412 SqFtAbove Grade Finished SqFt3,412 SqFtLot Size5,836 SqFtStyleTriplexYear Built1897ZoningLARD2CountyLOS ANGELESAPN5414-023-005

Schools near 520 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.

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520 Solano Avenue is a multi-family home for sale in Los Angeles, CA 90012. This property was listed for sale on November 15, 2024 by NORTHSTAR R. E. GROUP, INC., it's currently listed at $929,000. It has been on the market for a total of 13 days and was last sold on July 26, 2023. 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. 520 Solano Avenue is a 10-bed, 6-bath, 3,412 sqft multi-family home built in 1897.

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 NORTHSTAR R. E. GROUP, INC., ALONSO CALDERON, DRE #01371496

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.