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Key Details
Sold Price $699,000
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,138 sqft
Price per Sqft $326
MLS Listing ID CV21042034
Sold Date 07/09/21
Bedrooms 4
Full Baths 3
Construction Status AdditionsAlterations,UpdatedRemodeled,Turnkey
HOA Y/N No
Year Built 1947
Lot Size 10,375 Sqft
Property Description
Fall in love with this tastefully remodeled home where everything has been redone: the kitchen, the 3 good size bathrooms, new carpet in the 4 bedrooms, new laminate wood flooring in the common area, new double pane windows, a new roof... Assessor shows a 1,555 sf house that sits on a large 10,375 sf lot with 2 bedrooms and 2 bathrooms. This inviting home features 2 master suites with en suite bathrooms. The remodeling was done with a city permit for 3 bathrooms, one kitchen, and one new roof. Buyers to satisfy themselves for any other information regarding the additional bedrooms and baths. Nearby schools include PUC Community Charter School rated above average and Balboa Gifted Magnet school rated excellent. The house sits in a federally designated Opportunity Zone and with the new ADU law, one detached ADU up to 1200 sf and one junior attached ADU can be built on the lot. The Opportunity Zone allows an investor to reduce the tax on the capital gain invested in this property by 10% and to permanently exclude taxable income on future gains if the investment is held for at least 10 years. Rental survey shows $3,500 possible for a 4-bedroom house with a median rent of $3,225 and $3,000 for a 3-bedroom house (new 1200 sf ADU?) with 2 comparables within 0.24 mi of subject and finally $2,000 for a 2-bedroom.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LAR1
Rooms
Main Level Bedrooms 4
Interior
Interior Features RecessedLighting, AllBedroomsDown, MainLevelMaster, MultipleMasterSuites
Cooling CentralAir
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator, WaterHeater
Laundry ElectricDryerHookup, GasDryerHookup, LaundryRoom
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool None
Community Features Curbs, Gutters, StreetLights, Suburban
View Y/N Yes
View Courtyard, Neighborhood
Roof Type Composition
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Item25UnitsAcre
Story 1
Entry Level One
Foundation Raised
Sewer PublicSewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Construction Status AdditionsAlterations,UpdatedRemodeled,Turnkey
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2619028004
Acceptable Financing Cash, Conventional, FHA, FannieMae, FreddieMac, VALoan
Listing Terms Cash, Conventional, FHA, FannieMae, FreddieMac, VALoan
Financing FHA
Special Listing Condition Standard
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Bought with SHAWN LUONG • CENTURY 21 MASTERS
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