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135 W 62Nd St, Los Angeles, CA 90003
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135 W 62Nd St Los Angeles, CA 90003

$649,999
  • 3 Beds
  • 2 Baths
  • 1,781 Sq.Ft.
For Sale
$649,999 Get Pre-Qualified
Map preview of 135 W 62Nd St, Los Angeles, CA 90003

Property Overview: 135 W 62Nd St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,781 living square feet and 5,125 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 this exceptional Residential Income Duplex nestled in the heart of South Los Angeles, California. This well-maintained property offers an excellent opportunity for investors seeking dual rental income in a prime location. With a front unit boasting 2 bedrooms and 1 bathroom and a rear unit featuring 1 bedroom and 1 bathroom, this duplex is a perfect blend of functionality and versatility. Separate meters for utilities, making it easy to manage expenses. Convenient off-street parking for both units. Secure and gated property for added safety and privacy. Conveniently located with access to public transportation, schools, shopping, and entertainment. Don't miss out on this chance to own a versatile income-generating property in one of Los Angeles' sought-after neighborhoods. Whether you're an experienced investor or just starting in real estate, this duplex promises excellent potential. Schedule a viewing today and explore the possibilities of this South Los Angeles gem.

Listed by Jose Perez | BRE #01914917 | Nueva Real Estate
Last checked: 31 seconds ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 206
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Home details

Lot Sq. Ft
5,125
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Duplex
Status
Active
MLS#
DW23185696
City
Los Angeles
County
Los Angeles
Time on Site
206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $840
  • Total Rent: $840
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $651
  • Total Rent: $651
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $17,892
  • Net Operating Income: $14,052
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,840
  • Trash: $0
  • Insurance: $1,440
  • Water/Sewer: $2,400

Open Houses for 135 W 62Nd St

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Property Details for 135 W 62Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Off Street
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6005019027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 110 fwy N. Exit E. Gage Ave. Left on to Broadway then make a right on 62nd ST.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 135 W 62Nd St

Last sold for $672,000 on May 25th, 2022

  • October, 2023

  • Oct 4, 2023

    Date

    Active

    CRMLS: DW23185696

    $649,999

    Price

  • April, 2022

  • Apr 19, 2022

    Date

    Active

    CRMLS: CV22076751

    $624,999

    Price

  • Listing provided courtesy of CRMLS

    135 E 62nd St. is a stunning fully upgraded 4 bedroom, 2.5 bathroom in the desirable city of Los Angeles. With one of the bedrooms, a half bath, and an adorable living/dining space located upstairs that has a separate entrance from the backyard this can be an extra income earner for you or used as an additional living space for your family! Upon entry of the main house, you are met with gorgeous hardwood floors, recessed lighting throughout, and tons of natural lighting. The spacious living room is open to the dining room providing tons of space for family and relaxation time. The kitchen features well-appointed cabinetry with tastefull gold fixtures, a granite countertop, and the timeless subway tile backsplash. State-of-the-art appliances and a large farmhouse kitchen sink. The kitchen has hookups for a stackable washer and dryer. All of the bedrooms are spacious and carpeted for a cozy feel and have upgraded ceiling fans. The primary bedroom is accentuated by a conjoining bathroom. The back of this home is huge and can be transformed into the backyard of your dreams! the garage is detached. You do not want to miss out on this gem, call and schedule your tour today!

  • February, 2020

  • Feb 5, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2019

  • Aug 6, 2019

    Date

    Sold

    CRMLS: 19459402

    $390,000

    Price

  • Jul 1, 2019

    Date

    Active Under Contract

    CRMLS: 19459402

    $390,000

    Price

  • Jun 13, 2019

    Date

    Active

    CRMLS: 19459402

    $390,000

    Price

  • May 5, 2019

    Date

    Active Under Contract

    CRMLS: 19459402

    $390,000

    Price

  • Apr 26, 2019

    Date

    Active

    CRMLS: 19459402

    $390,000

    Price

  • Listing provided courtesy of CRMLS

    Seller is ready to sell this property. This is an excellent investment income opportunity, 2 on a lot. Both units have 2 bedrooms and 1 bath. This will sale fast.

  • August, 2019

  • Aug 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

  • January, 2019

  • Jan 7, 2019

    Date

    Expired

    CRMLS: 18362170

    $435,000

    Price

  • Oct 18, 2018

    Date

    Price Change

    CRMLS: 18362170

    $435,000

    Price

  • Sep 19, 2018

    Date

    Active

    CRMLS: 18362170

    $450,000

    Price

  • Aug 22, 2018

    Date

    Active Under Contract

    CRMLS: 18362170

    $450,000

    Price

  • Jul 7, 2018

    Date

    Active

    CRMLS: 18362170

    $450,000

    Price

  • Listing provided courtesy of CRMLS

    This is a great investment opportunity. Front unit has the following: living room, formal dining room, spacious kitchen, laundry room, two spacious bedrooms and a large bathroom. Rear Unit has the following: living room, large kitchen with dining area, laundry room, spacious bedrooms (large family room is being used as second bedroom) and full bath. This property has the potential to earn a positive cash flow. All offers should be written subject to inspection.

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Tax History for 135 W 62Nd St

Assessed Value (2020): $390,000
Year Land Value Improved Value Assessed Value
2020 $260,000 $130,000 $390,000

Home Value Compared to the Market

This property vs the competition

135 W 62Nd St is listed 47.41% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $364.96 per/sqft which puts the price per square foot 52.79% lower than the median price per square foot for the city of Los Angeles.

About 135 W 62Nd St

Detailed summary of property

135 W 62Nd St is a duplex located in Los Angeles, CA 90003 and is currently for sale. This duplex offers 3 bedrooms, 2 bathrooms, roughly 1,781 living square feet, and sits on an approximately 5,125 square foot lot. 135 W 62Nd St was first listed on ArdentRealEstateGroup.com on October 5, 2023. The homeowner is currently asking $649,999. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 47.41% lower than the median priced home. Local competing homes currently for sale include 424 E 61st Street, 507 E 59th Pl and 6527 Denver Ave. While the average home in Los Angeles, CA is selling in 96 days, 135 W 62Nd St has a days on market of 206 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 135 W 62Nd St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 135 W 62Nd St

Public county record property details
Beds
3
Baths
2
Year built
1923
Sq. Ft.
1,781
Lot Size
5,124
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
145
APN
6005-019-027

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$570,000
Median Sold Price/Sq.Ft.
$505
Total Inventory
39
Median Sale to List Price %
99.13%
Avg Days on Market
30
Loan Type
Conventional (37.5%), FHA (25%), VA (0%), Cash (0%), Other (25%)

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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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