130 S Clarence Street Los Angeles, CA ^$ 729,000

130 S Clarence Street

^$ 729,000

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Recently Listed

130 S Clarence Street

Los Angeles, CA, 90033

^$ 729,000

Bedrooms4 Baths2.0 Sq 1,499

Monthly Estimate*

^$ 5,092

Listed by Compass

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Multi-Family Home for sale in Los Angeles, CA

for $729,000 with 4 bedrooms and 2 full baths. This 1,499 square foot home was built in 1923 on a lot size of 0.0803.

Welcome to 130 - 130 1/2 Clarence St, a well-kept exceptional investment opportunity in the prime neighborhood of Boyle Heights. Zoned RD3, this property is a short walk to the nearest Metro light rail station, and minutes from DTLA and the Arts District. This duplex consists of two separate detached structures with its own private access and yard spaces. The front unit is 2 bedroom (currently used as 3 bedroom) and 1 bathroom. The back unit is 2 bedroom 1 bathroom with an attached basement. Easy access to major Freeways 10, 60, 5, 101. The steady demand for rental properties in the area ensures a consistent stream of income, providing a reliable source of cash flow. Property will be delivered with tenants in place.

Multi-Family Active

Price

^$ 729,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.0803

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24384885

Days on Market

Features

General

Heating WallFurnace

Zoning LARD3

Patio/Porch Features FrontPorch

Pool Features None

Construction Materials Stucco

Year Built 1923

Tenant Pays Electricity Gas

View CityLights

Stories 1

Levels One

Gross Income 44640.0

County Los Angeles

Net Operating Income 31375.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Clarence St between 1st and 4th Street

City Los Angeles

View Y/N Y

Senior Community Y/N N

Total Units 2

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 3498.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Street Name Clarence

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Year Built Source Assessor

Interior

Flooring Laminate Tile Wood

Fireplace Features None

Total Stories 0

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 4

Electric On Property Y/N N

Total Baths 2

Exterior

Parking Features Public

Lot Features FrontYard

Total Parking 0.0

Lot Size Area 3498.0

Foundation Details Raised

Number of Buildings 2

Spa N

Building Area Total 1499.0

Lot Size Acres 0.0803

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Gas Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 130

* Excluded Features

List By

Compass

Broker

(916) 993-0801

Phone

Affordability Calculator

$5,092

Per Month

Monthly Principal & Interest: $5,092
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$1,990,464

Percent of Sale Price 173%

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
4/27/2024	$729,000		Listed Price

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130 S Clarence Street, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $729,000 with 1,499 sqft and a lot size of 0.0803. 130 S Clarence Street has 4 bedrooms, 2.0 baths, and was built in 1923. 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 5/9/2024. 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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130 S Clarence Street

Multi-Family Home for sale in Los Angeles, CA

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