Keller Williams Hollywood Hills - Josana Joseph
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Listing Courtesy Of: Compass, 818-783-7721, Dana Coronado
Local Realty Services Provided By: Keller Williams Realty
Overview
What It'll Cost
Neighborhood
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$1,350,000
140 S Avenue 58, Los Angeles, CA 90042
10 Beds
5 Baths
3,384 sq ft
.16 ac
$1,350,000

140 S Avenue 58, Los Angeles, CA 90042

Estimation provided by Keller Williams Realty Inc.
10 Beds
5 Baths
3,384 sq ft
.16 ac
Active Under Contract
For Sale

Property Description

Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA. Final unit mix after remodel and ADU construction could be: a 3Br+2Ba 1,086 SF unit, a 3Br+2Ba 1,152 SF unit, a 1Br+1Ba 612 SF unit, and a rear detached two story ADU 3Br+3Ba and 1,180 SF. Potential future income is appx $14,000 per month! WOW! The 1Br+1Ba has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!) RTI Permits means Ready To Issue - after escrow is closed the Buyer just pays the permit fees and begins construction immediately! A huge value! This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Full marketing package available upon request.

Property Details

Compare This Home
Overview
Property Type
Residential Income
Property Size
3,384 sq ft
Year Built
1909
Days on Site
34 Days
HVAC
Cooling: Ceiling Fan, Heating: Wall Gas
Parking
5 Parking Spaces
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

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Data provided by Keller Williams Realty, Inc.
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Purchase Price: $1,350,000
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Price & Tax History

Date
Event
Price
02/18/2025
Listed
$1,350,000
(+76.47%)
05/18/2015
Sold
$765,000
(+37.84%)
12/09/2004
Sold
$555,000
(+101.82%)
06/04/2002
Sold
$275,000
(+21.15%)
04/04/2000
Sold
$227,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$11,121
(+4.8%)
$883,707
Land 652,673 + Additions 231,034
2022
$10,612
(+1.35%)
$849,393
Land 627,330 + Additions 222,063
2021
$10,471
(+3.04%)
$849,393
Land 627,330 + Additions 222,063
2019
$10,162
(+25,405,525%)
$840,685
Land 620,898 + Additions 219,787
2017
$0.04
$808,042
Land 585,088 + Additions 207,111
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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