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Sold for $1,175,000 on 05/14/24
  • Listing Provided by: 

    Bret Lewis DRE #01872524 480-225-6616,

    Bret Lewis, Broker

    Bought with: The Keystone Team
    $1,175,000

    145 S Reno St, Los Angeles, CA 90057

    7beds
    4baths
    2,695sqft
    Duplex
    Built in 1906
    -- sqft lot
    $1,155,500 Zestimate®
    $436/sqft
    $3,084 Estimated rent

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    $3,084/mo

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    $7,316/mo

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    What's special

    Meticulous remodeled Craftsman-style duplex in the heart of Los Angeles. With two distinct units, this property offers not just a home, but a lucrative investment. The upper unit boasts 4 bedrooms and 2 well-appointed bathrooms while the lower unit offers 3 bedrooms, 2 bathrooms, and an additional den, providing a total of 7 bedrooms and 4 bathrooms. This duplex truly is a "cash cow," offering substantial rental income with stimated rents of $5,000 for the upper unit and $4,500 for the lower unit. Recent upgrades have transformed this duplex with new flooring and fresh paint throughout. The kitchens have been completely remodeled with new shaker cabinets and elegant quartz countertops. Modern appliances, including a range, oven, dishwasher, and refrigerator, have been added to both units, ensuring a seamless living experience. Laundry hookups are conveniently available in both units, simplifying daily chores. Additionally, the property is equipped with separate electric and gas meters for efficient utility management. Complete with 2 car garage and additional on-site parking. With an outstanding walk score of 80, residents can accomplish most errands on foot, making daily life exceptionally convenient. The property also boasts a great transit rating of 71, facilitating easy commuting and city exploration. Situated near downtown Los Angeles, this duplex enjoys a prime location in a thriving neighborhood that is considered the heart of L.A. It's the perfect place for those looking to live in the midst of all the action or invest in a property with limitless potential. This remodeled Craftsman duplex offers the best of both worlds - classic charm combined with modern amenities and income potential. It's a property that truly speaks for itself, with an ideal location that makes it the place to be in Los Angeles.

    Zillow last checked: 8 hours ago

    Listing updated: May 14, 2024 at 04:13pm

    Listing Provided by:

    Bret Lewis DRE #01872524 480-225-6616,

    Bret Lewis, Broker

    Bought with:

    Cyrus Mohseni, DRE #02024260

    The Keystone Team

    Source: CRMLS,MLS#: PW24064044MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Electric Oven, Gas Range, Refrigerator
    • Laundry: Inside
    Features
    • Quartz Counters
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,695
    • Total interior livable area: 2,695 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 4,800 sqft
    • Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Landscaped, Sprinkler System
    Details
    • Additional structures: Storage
    • Parcel number: 5155003007
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1906

    Utilities & green energy

    • Sewer: Public Sewer, None
    • Water: Public
    • Utilities for property: Sewer Not Available

    Community & neighborhood

    Community
    • Community features: Curbs, Urban
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
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    Estimated market value
    $1,155,500