966 S Duncan Ave, Los Angeles, CA 90022
Image 2 for 966 S Duncan Ave, Los Angeles, CA 90022
Image 3 for 966 S Duncan Ave, Los Angeles, CA 90022
View Photos

966 S Duncan Ave Los Angeles, CA 90022

$735,000 Sold Price as of 01/19/2024
  • 5 Beds
  • 3 Baths
  • 1,793 Sq.Ft.
Sold
$735,000 Sold Price as of 01/19/2024 Refinance Your Mortgage

Map preview of 966 S Duncan Ave, Los Angeles, CA 90022

Property Overview: 966 S Duncan Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,793 living square feet and 5,467 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Start your real estate empire with this great starter 2 on a lot investment opportunity in centrally located East Los Angeles, where an excellent investment opportunity awaits the smart buyer. This property boasts many upgrades presenting a unique chance to live in one home while renting out the other, providing both a place to call home and a steady rental income-start building equity and cash flow now. Don't forget, there are still tax advantages to owning income property. Situated amidst a blend of single-family and duplex homes, this property stands out with its two separate homes on a single lot. The front single-level home boasts a comfortable layout featuring 3 bedrooms, 2 bathrooms, a kitchen with granite counters, indoor laundry and a two-car carport! Adding to the property's appeal, the rear unit offers 2 bedrooms, 1 bathroom, and a kitchen with granite counters and a separate garage with laundry hookups. Ample privacy for both units with separate fenced yards AND a corner lot with more parking opportunities for tenants and guests. Moreover, this property's location is a definite plus, it enjoys close proximity to the 710/60/5 freeways and 1 mile from the Gold Line stop, making commuting and traveling a breeze. Schools, shopping centers, markets, and public transportation options are all conveniently nearby, providing easy access to essential amenities and services. With a touch of sweat equity and some thoughtful renovations, this property holds tremendous potential for its next owner, and yes, there is a serious upside with rent too! Whether you're an investor seeking a reliable rental income or a homeowner looking for an opportunity to live comfortably while earning extra income, these two units offer the best of both worlds. Don't miss out on this chance to acquire a versatile property with great potential in a well-connected and vibrant neighborhood. Take advantage of this priced right opportunity and make your first (or next) investment move today!

Listed by Frederick Van Allen | BRE #00553496 | First Team Real Estate
Last checked: 8 minutes ago | Last updated: January 22nd, 2024 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
5,467
HOA Dues
$0/mo
Year built
1922
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
PW23170513
City
Los Angeles
County
Los Angeles
Time on Site
250 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: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,111
  • Total Rent: $2,111
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,575
  • Total Rent: $2,575
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,686
  • Net Operating Income: $3,817
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $870
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $150
  • New Taxes: $3,669
  • Trash: $0
  • Gardener: $1,440
  • Insurance: $3,000
  • Water/Sewer: $0

Property Details for 966 S Duncan Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, In Garage, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport, Garage - Single Door
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5246006018
  • 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: Off of Whittier Blvd and the 710 Fwy
Neighborhood Information
  • Community Features: Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 966 S Duncan Ave

Last sold for $735,000 on January 19th, 2024
  • January, 2024

  • Jan 19, 2024

    Date

    Sold

    CRMLS: PW23170513

    $735,000

    Price

  • Sep 12, 2023

    Date

    Active

    CRMLS: PW23170513

    $735,000

    Price

  • January, 2024

  • Jan 19, 2024

    Date

    Sold

    CRMLS: PW23174788

    $735,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: PW23174788

    $735,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2017

  • Dec 4, 2017

    Date

    Canceled

    CRMLS: MB17148017

    $519,900

    Price

  • Dec 1, 2017

    Date

    Expired

    CRMLS: MB17148017

    $519,900

    Price

  • Jul 29, 2017

    Date

    Withdrawn

    CRMLS: MB17148017

    $519,900

    Price

  • Jun 29, 2017

    Date

    Active

    CRMLS: MB17148017

    $519,900

    Price

  • Listing provided courtesy of CRMLS

    ** This is the one you have been waiting for: Two Separate Homes sitting on a LCR4* 5477 Lot in NON RENT CONTROL area of East Los Angeles. Seller is motivated and ready to review offers immediately: Corner Front house 3 bed 2 bath with separate kitchen, laundry room & direct access to rear yard with covered carport parking - This unit has newer laminate flooring & updated granite counter tops. Second unit 4543 Verona St: Bamboo floors, granite counter tops with open floor plan, 1 car detached garage and small rear yard. Location is ideal; very close to transportation, schools, new developments, churches, too much to list. Great investment for a non-owner or a first time buyer looking to supplement mortgage payment with monthly rental income contribution.

  • June, 1997

  • Jun 2, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 966 S Duncan Ave

Assessed Value (2020): $213,282
Year Land Value Improved Value Assessed Value
2020 $127,263 $86,019 $213,282

Home Value Compared to the Market

This property vs the competition

966 S Duncan Ave sold on January 19, 2024 for 38.24% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $409.93 per/sqft which puts the price per square foot 45.7% lower than the current median sale per square foot for the city of Los Angeles.

About 966 S Duncan Ave

Detailed summary of property

966 S Duncan Ave is a duplex that recently sold in Los Angeles, CA 90022. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,793 living square feet, and sits on an approximately 5,467 square foot lot. 966 S Duncan Ave was first listed on ArdentRealEstateGroup.com on September 12, 2023. The homeowner sold the property for $735,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.24% lower than the current median priced home. Local homes that are currently for sale include 3132 Fairmount St, 3035 Winter St and 3035 Winter St. While the average home in Los Angeles, CA is selling in 92 days, 966 S Duncan Ave has a days on market of 70 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 966 S Duncan Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 966 S Duncan Ave

Public county record property details
Beds
5
Baths
3
Year built
1922
Sq. Ft.
1,793
Lot Size
5,477
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5246-006-018

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
20
Median Sale to List Price %
101%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (25%), VA (0%), Cash (25%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.