1327 Pennsylvania Avenue Los Angeles, CA $ 1,099,000
1327 Pennsylvania Avenue
$ 1,099,000
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1327 Pennsylvania Avenue

Los Angeles, CA, 90033
$ 1,099,000
Bedrooms7 Baths2.1 Sq 3,072

Monthly Estimate*

$ 7,677

Listed by Century 21 Allstars
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Multi-Family Home for sale in Los Angeles, CA

for $1,099,000 with 7 bedrooms and 2 full baths, 1 half bath. This 3,072 square foot home was built in 1924 on a lot size of 0.1296.

Million Dollar DTLA Skyline Views! Situated one exit away from DTLA off the 101 freeway in the heart of Boyle Heights and in one of its most view-friendly streets just outside of Downtown LA. This property stands as a testament to the neighborhood's rich history and promising future. Escape run of the mill and rushed back to market properties as this one has not been on the market for over 21 years. Sewer upgrade done 9 years ago. The 4 bedroom is also for lease at $4100/monthly. Lease or buy whichever occurs first. The 3 bedroom occupied by long term tenants. Immerse yourself in a living masterpiece where historic architectural features harmonize seamlessly with contemporary conveniences. The 4 bedroom side of duplex professionally updated, remodeled and reimagined with the services of both an architect (kitchen and garage) and also a designer (colors, wallpaper and all else) were engaged to offer a unique blend of old-world charm and modern sophistication. As you enter the front door, be greeted by the warm glow of new lighting fixtures perfectly complementing the timeless design of the home. Experience the allure of refurbished hardwood floors meticulously restored in the stairs, living and dining room areas leading you through rooms framed by wood moldings that have been painstakingly scraped, restored, and re-varnished to breathe life back into their exquisite craftsmanship echoing the elegance of a bygone era. Discover the luxury of a double oven, a true rarity, alongside a microwave, a slick vent hood, and electric range cooktop and designer grade tiles with custom made cabinets and quartz countertop. Benefit with peace of mine from the City of L.A. Building and Safety's recent closed (not just pulled) Year 2023: adding 2 downstairs baths(1 each unit), update kitchen electricals, installing 2 new water heaters, range hood. Year 2021: permit for extra electric meter for common areas. The shared basement access houses a washer/dryer, fostering a sense of community with the next-door neighbor. Say goodbye to parking issues with the private garages included with this residence. Make this your next residence and enjoy the captivating views of the Downtown skyline and say goodbye to long commutes as you choose to be closer to all Downtown has to offer. Come take a look but leave your shoes at the front and experience the beauty of the downstairs refurbished hardwood. Interior pics of 1329 Penn. only (4 bed unit).

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Multi-Family Active

Price

$ 1,099,000

Bedrooms

7

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.1296

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24037363

Days on Market

64

Features
General
Interior Features QuartzCounters AllBedroomsUp
Sewer PublicSewer
Heating Ductless
Cooling Ductless
Appliances DoubleOven ElectricRange Microwave
Zoning LARD1.5
Garage Spaces 4.0
Pool Features None
Year Built 1924
Tenant Pays Electricity Gas
Property SubType Duplex
Gross Income 150.0
Community Features Urban
County Los Angeles
Net Operating Income 5692.0
Operating Expense 460.0
Insurance Expense 100.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Directions One exit before or after Downtown Exit Mission Rd go East on Cesar Chavez and left on Pennsylvania Ave
City Los Angeles
Entry Location 1st floor
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area BOYH - Boyle Heights
Lot Size Square Feet 5644.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Pennsylvania
Listing Terms Cash Conventional Item1031Exchange FHA FreddieMac
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 39.0
Home Warranty Y/N N
Property Condition RepairsMajor
Trash Expense 76.0
Water Sewer Expense 165.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 57
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Duplex
Cap Rate 5.8
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Exterior
Lot Features Item01UnitAcre Yard
Water Source Public
Total Parking 4.0
Lot Size Area 5644.0
Number of Buildings 1
Spa N
Building Area Total 3072.0
Lot Size Acres 0.1296
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features Decorative
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1327
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* Excluded Features
List By
Century 21 Allstars

Broker

(562) 863-2121

Phone

Affordability Calculator

$7,677
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,677
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2024$1,099,000 -5.26% Price Down
2/23/2024$1,159,999 Listed Price

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1327 Pennsylvania Avenue, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,099,000 with 3,072 sqft and a lot size of 0.1296. 1327 Pennsylvania Avenue has 7 bedrooms, 2.1 baths, and was built in 1924. The property's zip code is 90033 which is in Los Angeles, CA