158 N Townsend Ave, Los Angeles, CA 90063
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158 N Townsend Ave Los Angeles, CA 90063

$799,950
  • 4 Beds
  • 2 Baths
  • 1,596 Sq.Ft.
For Sale
$799,950 Get Pre-Qualified

Map preview of 158 N Townsend Ave, Los Angeles, CA 90063

Property Overview: 158 N Townsend Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,596 living square feet and 6,603 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 your new investment opportunity or home in the vibrant community of Wellington Heights, nestled in the heart of East LA. This charming duplex offers a rare combination of comfort, convenience, and potential for savvy investors or discerning homeowners alike. Front unit offers 2BD 1BA 884 sq. ft. and back unit offers 2BD 1BA 712 sq. ft. Each unit of this well-maintained duplex has one assigned parking space and the property boasts its own distinctive character and functionality. The spacious layout of each residence is designed to accommodate modern living while retaining the charm of its historical roots.

Listed by Michael Berdelis | BRE #01234589 | 24 Hour Real Estate
Co-listed by Armando Rivas | BRE #01760869 | 24 Hour Real Estate
Last checked: 7 minutes ago | Last updated: May 9th, 2024 | Source CRMLS | DOM: 9
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,603
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Duplex
Status
Active
MLS#
DW24091806
City
Los Angeles
County
Los Angeles
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.9%
  • Gross Rent Multiplier: 21.5
  • Gross Scheduled Income: $37,200
  • Net Operating Income: $23,201
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,999
  • New Taxes: $9,999
  • Trash: $700
  • Insurance: $2,000
  • Water/Sewer: $1,300

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Property Details for 158 N Townsend Ave

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5232015024
  • 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: N/ 60 freeway, E/ Indiana
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 158 N Townsend Ave

Last sold for $490,000 on June 30th, 2016
  • May, 2024

  • May 7, 2024

    Date

    Active

    CRMLS: DW24091806

    $799,950

    Price

  • June, 2016

  • Jun 30, 2016

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

  • March, 2016

  • Mar 24, 2016

    Date

    Price Change

    CRMLS: 316001458

    $499,000

    Price

  • Feb 17, 2016

    Date

    Price Change

    CRMLS: 316001458

    $485,000

    Price

  • Listing provided courtesy of CRMLS

    Tucked in the dainty community of Wellington Heights of East LA are these lovely Craftsman Bungalows-2 on a Lot. These units boasts plenty of character, from the original charm of the built-in cabinet & moldings to the lovely view of the city lights from the cozy front porch. Each unit offers 2 bedrooms 1 Bath, tastefully updated throughout and windows-for-days. Did we mention the yard? So much space for the kiddos to play in or extra parking space for as much as 6 cars! With No Rent Control this is an amazing investment opportunity - Run to catch this great deal!

  • August, 2014

  • Aug 6, 2014

    Date

    Sold (Public Records)

    Public Records

    $305,000

    Price

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Tax History for 158 N Townsend Ave

Assessed Value (2020): $530,389
Year Land Value Improved Value Assessed Value
2020 $357,201 $173,188 $530,389

Home Value Compared to the Market

This property vs the competition

158 N Townsend Ave is listed 36% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $501.22 per/sqft which puts the price per square foot 35.49% lower than the median price per square foot for the city of Los Angeles.

About 158 N Townsend Ave

Detailed summary of property

158 N Townsend Ave is a duplex located in Los Angeles, CA 90063 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 1,596 living square feet, and sits on an approximately 6,603 square foot lot. 158 N Townsend Ave was first listed on ArdentRealEstateGroup.com on May 7, 2024. The homeowner is currently asking $799,950. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 36% lower than the median priced home. Local competing homes currently for sale include 3045 E 5th St, 1086 N Bonnie Beach Pl and 2809 Folsom St. While the average home in Los Angeles, CA is selling in 92 days, 158 N Townsend Ave has a days on market of 9 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 158 N Townsend Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 158 N Townsend Ave

Public county record property details
Beds
4
Baths
2
Year built
1922
Sq. Ft.
1,596
Lot Size
6,600
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5232-015-024

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$615,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
30
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

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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.