1054 W 45th Street Los Angeles, CA
$ 1,235,000
Property Attributes
  • MLS#DW20171388
  • TypePending
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90037
  • StyleContemporary,Craftsman,Mid Century Modern,Spanish
  • Price$ 1,235,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3617
  • Lot Size7,388 SqFt
Listing Provided Courtesy Of:
Mark Velasco with Sharpstone Realty, Inc..
Property Description

CASH COW PROPERTY!!! $117,300 Gross Income. CAP Rate is 7.48!! This FULLY REMODELED property is located close to USC. Property contains 2,081 sqft 2-story home (6 beds + 3 baths) & a 1,536 sqft 2-story Duplex (2 beds + 1 bath for each unit). All upgrades throughout the property have been done with permits & approved by Building & Safety Dept. The following have been done recently: interior framing, copper plumbing, abs lines, gas lines, insulation, dual-paned windows, drywall, recessed lighting, high-grade wax-coating, laminate & tile flooring, paint, cabinets & counters, sinks, faucets, tankless water heaters, laundry washer/dryer hookups, 3-car Mesa garage doors, new electrical panels for house & garage. Note, plumbing on each unit have separate copper lines (making it very easy to put separate meters on each unit). Private parking for 12 cars (3 garage, 8 in driveway, 1 carport). TV & 16 camera security system wiring throughout. LOCATION is near USC, the Coliseum, Expo Park, Science Center, Natural History Museum, the Banc of Ca Stadium (home to the LAFC) as well as the $1 Billion George Lucas Museum of Narrative Art and much more. Previously rented to students at $1,000 per room. Front house is owner occupied and rear units have tenants (month-to-month contracts). Front house (6 beds, 3 baths) to be delivered vacant. Duplex (2 beds, 1 bath each) will be delivered occupied. Please do not Disturb the tenants & do not walk the property.

Price History
8/21/2020 Listed $1,280,000
9/14/2020 4% - $1,235,000

General Features

Appliances ENERGY STAR Qualified Water Heater, Gas Water Heater, Ice Maker, Microwave, Water Heater
Architectural Style Contemporary, Craftsman, Mid Century Modern, Spanish
Assessments Unknown
Attached Structure Detached
Carport Spaces 1.00
Community Features Biking, Sidewalks, Urban
Construction Materials Drywall Walls
Cooling Wall/Window Unit(s)
Directions Cross streets: W Vernon Ave & S Normandie Ave
Exterior Features Rain Gutters
Flooring Carpet, Laminate, Wood
Garage Spaces 3.00
Heating Central, Wall Furnace
Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Partially Furnished, Recessed Lighting, Tandem, Wired for Data, Wired for Sound
Listagentaor Downey
Listing Agent Mark Velasco - BRE#01789768
Listing Agent State License 01789768
MLS Area C34 - Los Angeles Southwest
Number of Units Leased 3
Other Structures Second Garage Attached, Storage
Pool Features None
Price Per Square Foot 341.44
PropertyCondition Turnkey, Updated/Remodeled
Roof Clay, Shingle
Security Features Automatic Gate, Fire and Smoke Detection System, Smoke Detector(s), Wired for Alarm System
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 3
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View City Lights, Neighborhood
Zoning LAR1

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Appliances Y/N Yes
Common Walls No Common Walls
Fireplace Features None
Garbage Disposal Count 3
Heating Y/N Yes
Laundry Features Individual Room, Inside
Laundry Y/N Yes
Range Count 3
Refrigerator Count 3
Room Type Attic, Kitchen, Laundry, Living Room, Main Floor Bedroom, Two Masters
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 3617.00
Fence Y/N Yes
Fencing Wrought Iron
Foundation Details Raised
Lot Features Back Yard, Corner Lot, Front Yard, Lot 6500-9999, Rectangular Lot, Near Public Transit, Patio Home, Paved
Lot Size Acres 0.1696
Lot Size Area 7387.0000
Lot Size Source Assessor
Lot Size Square Feet 7387.00
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Number of Separate Water Meters 1
Total Parking 12.00
Uncovered Spaces 8.00
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90037

AVG $770K
AVG 89
Year Built
AVG 1921
AVG 74
Data Provided by Walkscore ® not using MLS data

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