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459 Forest Ave, Los Angeles, CA 90033
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459 Forest Ave Los Angeles, CA 90033

$830,000
  • 4 Beds
  • 2 Baths
  • 3,013 Sq.Ft.
For Sale
$830,000 Get Pre-Qualified
Map preview of 459 Forest Ave, Los Angeles, CA 90033

Property Overview: 459 Forest Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 3,013 living square feet and 4,352 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: Motivated Seller! Fantastic opportunity in Boyle Heights! This property boasts tremendous potential in an area undergoing significant development. Conveniently located, this charming duplex is just a stone's throw from Downtown LA, with easy access to Cesar Chavez Ave. Featuring a three-car garage and ample storage space in the basement, this property offers both practicality and functionality. The first-floor unit (Unit 461) has been extensively upgraded in recent years, ensuring modern comforts for its occupants. Notably, the seller has recently completed a full roof replacement in March 2024, providing added peace of mind for prospective buyers. With its prime location, and recent updates, this property presents an ideal investment opportunity for buyers looking to capitalize on the burgeoning Boyle Heights market. Don't miss out on this gem!

Listed by Ashley Kim | BRE #01821621 | Lifetime Realty Inc
Last checked: 12 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 22
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Home details

Lot Sq. Ft
4,352
HOA Dues
$0/mo
Year built
1928
Garage
3 Car
Property Type:
Duplex
Status
Active
MLS#
PW24069706
City
Los Angeles
County
Los Angeles
Time on Site
21 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: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,196
  • Total Rent: $1,196
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $45,552
  • Net Operating Income: $36,532
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,200
  • Trash: $0
  • Insurance: $5,000
  • Water/Sewer: $4,200

Open Houses for 459 Forest Ave

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Property Details for 459 Forest Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Wood Burning
Room Information
  • Flooring: Carpet, Laminate, Tile, Wood
  • Basement, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Gas & Electric Range, Gas Oven, Gas Range, Range Hood, Refrigerator
Interior Features
  • Levels: Two
  • Window Features: Atrium
  • Security Features: Carbon Monoxide Detector(s), Gated Community
Exterior Features
Exterior Information
  • Has Fence
  • Security, Wrought Iron
  • Other Structures: Storage
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5177031014
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: North of E Cesar E Chavez Ave. / West of N Evergreen Ave.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 459 Forest Ave

Last leased for $2,500 on July 15th, 2020

  • April, 2024

  • Apr 10, 2024

    Date

    Active

    CRMLS: PW24069706

    $830,000

    Price

  • September, 2021

  • Sep 16, 2021

    Date

    Canceled

    CRMLS: 21707174

    $880,000

    Price

  • Sep 10, 2021

    Date

    Active

    CRMLS: 21707174

    $880,000

    Price

  • Listing provided courtesy of CRMLS

    This is a beautiful Spanish-style duplex, fully occupied.

  • July, 2020

  • Jul 16, 2020

    Date

    Leased

    CRMLS: 20582510

    $2,500

    Price

  • Jul 15, 2020

    Date

    Pending

    CRMLS: 20582510

    $2,500

    Price

  • Jun 19, 2020

    Date

    Hold

    CRMLS: 20582510

    $2,500

    Price

  • May 26, 2020

    Date

    Active

    CRMLS: 20582510

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Please contact for Showing Appointment. Very large size 2 beds, 1 1/4 baths, separate dining room, family room, plenty parking spaces with gate and storage. This property is located 4 miles to Downtown LA, 2 miles to East LA College, one block away to Cesar Chavez Ave , and many close restaurants. In unit laundry, hardwood flooring, brand new kitchen, lots of parking spaces on the lot/ driveway. It is on the first floor with little front yard.

  • April, 2019

  • Apr 7, 2019

    Date

    Canceled

    CRMLS: 19447870

    $2,300

    Price

  • Apr 2, 2019

    Date

    Hold

    CRMLS: 19447870

    $2,300

    Price

  • Mar 29, 2019

    Date

    Price Change

    CRMLS: 19447870

    $2,300

    Price

  • Mar 27, 2019

    Date

    Active

    CRMLS: 19447870

    $2,500

    Price

  • Listing provided courtesy of CRMLS

  • March, 2019

  • Mar 20, 2019

    Date

    Sold

    CRMLS: DW18272824

    $660,000

    Price

  • Mar 5, 2019

    Date

    Pending

    CRMLS: DW18272824

    $675,000

    Price

  • Feb 5, 2019

    Date

    Active Under Contract

    CRMLS: DW18272824

    $675,000

    Price

  • Jan 17, 2019

    Date

    Price Change

    CRMLS: DW18272824

    $675,000

    Price

  • Nov 14, 2018

    Date

    Active

    CRMLS: DW18272824

    $727,000

    Price

  • Listing provided courtesy of CRMLS

    Very nice property 4 miles to Downtown LA, 2 miles to East La College, 6 miles to LA Life ,one block away to Cesar Chavez Ave , and seven blocks away to a High School, also including many close restaurants. Unit #461 brand new kitchen cabinets, sink, tile floors, freshly paint, freshly stain and lacquer on the original hardwood floors of the house . Brand new light fixtures also.

  • March, 2019

  • Mar 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $660,000

    Price

  • June, 2015

  • Jun 8, 2015

    Date

    Sold (Public Records)

    Public Records

    $265,000

    Price

Show More

Tax History for 459 Forest Ave

Assessed Value (2020): $673,200
Year Land Value Improved Value Assessed Value
2020 $326,400 $346,800 $673,200

Home Value Compared to the Market

This property vs the competition

459 Forest Ave is listed 32.24% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $275.47 per/sqft which puts the price per square foot 64.41% lower than the median price per square foot for the city of Los Angeles.

About 459 Forest Ave

Detailed summary of property

459 Forest Ave is a duplex located in Los Angeles, CA 90033 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 3,013 living square feet, and sits on an approximately 4,352 square foot lot. 459 Forest Ave was first listed on ArdentRealEstateGroup.com on April 11, 2024. The homeowner is currently asking $830,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 32.24% lower than the median priced home. Local competing homes currently for sale include 2716 Marengo St, 3045 E 5th St and 2103 Michigan Ave. While the average home in Los Angeles, CA is selling in 96 days, 459 Forest Ave has a days on market of 22 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 459 Forest Ave 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 459 Forest Ave

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
3,013
Lot Size
4,351
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5177-031-014

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
$699,000
Median List Price/Sq.Ft.
$536
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
12
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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