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512 La Verne Avenue

Los Angeles, CA 90022

$571,500 Sale Price
Est. Payment: $ 0/mo
2
Bed
0
Bath
1,572 Sq. Ft.
$350 / Sq. Ft.
Sold

512 La Verne Avenue

Los Angeles, CA 90022

Sold
$571,500 Sale Price
$0/mo
2
Bed
0
Bath
1,572
Sq. Ft.
Ideal for investors looking to generate rental income, this duplex offers a prime opportunity in the heart of Los Angeles. The front unit is already providing automatic income with long-time tenants in place, while the back unit is empty for new owner occupancy. This property sits on a huge lot, featuring a long driveway and separate 1 and 2 car garages, providing ample parking and storage space. With plenty of room for growth, there are endless possibilities for expansion or development. Located within a 3-mile radius, you'll find plenty of amenities including downtown Los Angeles, dining options, and schools such as James A. Garfield High School. The area also boasts convenient public transportation options, making commuting a easy. Enjoy the vibrant neighborhood with parks and recreational areas nearby, perfect for families and outdoor enthusiasts. While the home does need some repairs, its potential for significant return on investment makes it a compelling choice.
PROPERTY INFORMATION
MLS # CV24160867 Lot Size 8,002 Sq. Ft.
HOA Fees $0/Monthly Property Type Duplex
Price $ 550,000
Price Per SqFt: $ 350
DOM 272 Days
Address 512 La Verne Avenue Type Residential Income
City Los Angeles Sq.Ft. 1,572 Sq. Ft.
Postal Code 90022 Garage 3
County Los Angeles Year Built 1949
Bed / Bath 2 / 0 Parking 3
Built In 1949 Status Closed
Sold Date 2024-09-20
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Gas Dryer Hookup, Inside
Has Heating No
Heating Information None
EntryLocation 2 front doors
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $587
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
09/20/2024 Sold $571,500
09/03/2024 Active Under Contract $550,000
08/30/2024 Relisted $550,000
08/05/2024 Listed $550,000
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Listing provided courtesy of Albert Pasillas, VYLLA HOME. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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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