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752 E Lanzit Ave, Los Angeles, CA 90059
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752 E Lanzit Ave Los Angeles, CA 90059

$700,000
  • 4 Beds
  • 2 Baths
  • 1,897 Sq.Ft.
For Sale
$700,000 Get Pre-Qualified
Map preview of 752 E Lanzit Ave, Los Angeles, CA 90059

Property Overview: 752 E Lanzit Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,897 living square feet and 7,227 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: Explore the potential of this classic 1941-built duplex nestled on a 7,227 sq ft lot, zoned LAR2. Each unit of the 1,897 sq ft property features 2 bedrooms and 1 bathroom, offering a balanced blend of comfort and opportunity. Ideal for investors or multi-generational living, this property boasts a prime location with expansion possibilities, appealing to both seasoned and novice real estate enthusiasts. Don't miss out on this unique investment opportunity!

Listed by Sebastian Stofenmacher | BRE #01328684 | Edgestone Real Estate, Inc.
Last checked: 9 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
7,227
HOA Dues
$0/mo
Year built
1941
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
PW24078355
City
Los Angeles
County
Los Angeles
Time on Site
14 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,800
  • Net Operating Income: $39,600
  • Gross Operating Income: $52,800
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $13,200
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0
  • Other Expense Description: 0

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Property Details for 752 E Lanzit Ave

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Inside, Washer Included
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6072016021
  • 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: Avalon Blvd and 108th St
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 752 E Lanzit Ave

Last sold for $305,000 on October 28th, 2004

  • April, 2024

  • Apr 19, 2024

    Date

    Active

    CRMLS: PW24078355

    $700,000

    Price

  • December, 2017

  • Dec 30, 2017

    Date

    Expired

    CRMLS: PW17220061

    $585,000

    Price

  • Sep 23, 2017

    Date

    Active

    CRMLS: PW17220061

    $585,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this investment opportunity. Great duplex. Four bedrooms and two bathrooms. Great rental income. Big lot with ample parking and two car garage. Built in 1941. Zoned LAR2 close to schools, parks, transportation, etc...

  • October, 2004

  • Oct 28, 2004

    Date

    Sold (Public Records)

    Public Records

    $305,000

    Price

  • January, 2001

  • Jan 29, 2001

    Date

    Sold (Public Records)

    Public Records

    $175,000

    Price

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Tax History for 752 E Lanzit Ave

Assessed Value (2020): $388,726
Year Land Value Improved Value Assessed Value
2020 $325,007 $63,719 $388,726

Home Value Compared to the Market

This property vs the competition

752 E Lanzit Ave is listed 42.86% 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 $369 per/sqft which puts the price per square foot 52.33% lower than the median price per square foot for the city of Los Angeles.

About 752 E Lanzit Ave

Detailed summary of property

752 E Lanzit Ave is a duplex located in Los Angeles, CA 90059 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 1,897 living square feet, and sits on an approximately 7,227 square foot lot. 752 E Lanzit Ave was first listed on ArdentRealEstateGroup.com on April 19, 2024. The homeowner is currently asking $700,000. 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 42.86% lower than the median priced home. Local competing homes currently for sale include 9712-1 S San Pedro St, 9712 S San Pedro St and 155 E Colden Ave. While the average home in Los Angeles, CA is selling in 96 days, 752 E Lanzit Ave has a days on market of 13 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 752 E Lanzit Ave Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 752 E Lanzit Ave

Public county record property details
Beds
4
Baths
2
Year built
1941
Sq. Ft.
1,897
Lot Size
7,224
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
161
APN
6072-016-021

The source for these homes facts are from public records.

90059 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.
$512
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
45
Median Sale to List Price %
99.28%
Avg Days on Market
38
Loan Type
Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

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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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