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130 S Clarence St, Los Angeles, CA 90033
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130 S Clarence St Los Angeles, CA 90033

$729,000
  • 6 Beds
  • 3 Baths
  • 1,499 Sq.Ft.
For Sale
$729,000 Get Pre-Qualified
Map preview of 130 S Clarence St, Los Angeles, CA 90033

Property Overview: 130 S Clarence St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,499 living square feet and 3,498 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Allison So | BRE #02047512 | Compass
Last checked: 3 minutes ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 12
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Home details

Lot Sq. Ft
3,498
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24384885
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,166
  • Total Rent: $1,166
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,554
  • Total Rent: $2,554
  • Pro Forma/Market Rent: $2,554
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $31,375
  • Gross Operating Income: $44,640
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 130 S Clarence St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Wood, Tile
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Public
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5172006042
  • Year Built Source: Assessor
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Clarence St between 1st and 4th Street
View more facts & features

Local Los Angeles Agent

Sale History for 130 S Clarence St

Last sold for $425,000 on March 1st, 2016

  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: 24384885

    $729,000

    Price

  • March, 2016

  • Mar 1, 2016

    Date

    Sold (Public Records)

    Public Records

    $425,000

    Price

  • March, 1996

  • Mar 27, 1996

    Date

    Sold (Public Records)

    Public Records

    $85,000

    Price

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Tax History for 130 S Clarence St

Assessed Value (2020): $460,031
Year Land Value Improved Value Assessed Value
2020 $378,850 $81,181 $460,031

Home Value Compared to the Market

This property vs the competition

130 S Clarence St is listed 41.63% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $486.32 per/sqft which puts the price per square foot 37.17% lower than the median price per square foot for the city of Los Angeles.

About 130 S Clarence St

Detailed summary of property

130 S Clarence St is a multi family located in Los Angeles, CA 90033 and is currently for sale. This multi family property offers 6 bedrooms, 3 bathrooms, roughly 1,499 living square feet, and sits on an approximately 3,498 square foot lot. 130 S Clarence St was first listed on ArdentRealEstateGroup.com on April 27, 2024. The homeowner is currently asking $729,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 41.63% lower than the median priced home. Local competing homes currently for sale include 2511 Fairmount St, 2809 Folsom St and 3045 E 5th St. While the average home in Los Angeles, CA is selling in 93 days, 130 S Clarence St has a days on market of 12 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 130 S Clarence St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 130 S Clarence St

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
1,499
Lot Size
3,498
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
70
APN
5172-006-042

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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