459 Forest Avenue Los Angeles, CA ^$ 830,000

459 Forest Avenue

^$ 830,000

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459 Forest Avenue

Los Angeles, CA, 90033

^$ 830,000

Bedrooms2 Baths1.0 Sq 3,013

Monthly Estimate*

^$ 5,798

Listed by Lifetime Realty Inc

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Multi-Family Home for sale in Los Angeles, CA

for $830,000 with 2 bedrooms and 1 full bath. This 3,013 square foot home was built in 1928 on a lot size of 0.0999.

Motivated Seller! Fantastic opportunity in Boyle Heights! This property boasts tremendous potential in an area undergoing significant development. Conveniently located, this charming duplex is just a stone's throw from Downtown LA, with easy access to Cesar Chavez Ave. Featuring a three-car garage and ample storage space in the basement, this property offers both practicality and functionality. The first-floor unit (Unit 461) has been extensively upgraded in recent years, ensuring modern comforts for its occupants. Notably, the seller has recently completed a full roof replacement in March 2024, providing added peace of mind for prospective buyers. With its prime location, and recent updates, this property presents an ideal investment opportunity for buyers looking to capitalize on the burgeoning Boyle Heights market. Don't miss out on this gem!

Multi-Family Active

Price

^$ 830,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.0999

Year Built

1928

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24069706

Days on Market

Features

General

Sewer PublicSewer

Cooling WallWindowUnits

Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Appliances ElectricRange GasOven GasRange Refrigerator RangeHood

Zoning LAR2

Garage Spaces 3.0

Pool Features None

Security Features CarbonMonoxideDetectors GatedCommunity

Year Built 1928

Tenant Pays Electricity Gas Telephone

View CityLights

Stories 2

Levels Two

Property SubType Duplex

Gross Income 45552.0

Community Features Urban Gated

Accessibility Parking

County Los Angeles

Net Operating Income 36532.0

Operating Expense 9200.0

Insurance Expense 5000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Other Structures Storage

Special Listing Conditions Standard

Status Active

Directions North of E Cesar E Chavez Ave. / West of N Evergreen Ave.

City Los Angeles

Entry Location front

View Y/N Y

Senior Community Y/N N

Open Parking Spaces 4.0

Total Units 2

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 4352.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Street Name Forest

Listing Terms Conventional

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 4200.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 33

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 11

Total Actual Rent 3796.0

Property Sub Type Additional Duplex

Interior

Flooring Carpet Laminate Tile Wood

Fireplace Features WoodBurning

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N N

Window Features Atrium

Fireplace Y/N Y

Street Suffix Avenue

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Exterior

Fencing Security WroughtIron

Parking Features Assigned

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 7.0

Lot Size Area 4352.0

Foundation Details Raised

Number of Buildings 2

Spa N

Building Area Total 3013.0

Lot Size Acres 0.0999

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 459

* Excluded Features

List By

Lifetime Realty Inc

Broker

(213) 447-8881

Phone

Affordability Calculator

$5,798

Per Month

Monthly Principal & Interest: $5,798
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

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Yearly 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 139%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$830,000		Listed Price

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459 Forest Avenue, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $830,000 with 3,013 sqft and a lot size of 0.0999. 459 Forest Avenue has 2 bedrooms, 1.0 baths, and was built in 1928. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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459 Forest Avenue

Multi-Family Home for sale in Los Angeles, CA

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