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Sold for $2,485,000
    • Listed by: Century 21 A Better Service • Chris Limon • Contact: 562-644-9834
    Bought with: West Shores Realty, Inc.
    Tax assessed value
    $2,485,000

    1012 S Herbert Ave, Los Angeles, CA 90023

    16beds
    12baths
    5,458sqft
    Quadruplex
    Built in 2024
    -- sqft lot
    $2,065,000 Zestimate®
    $455/sqft
    $2,770 Estimated rent

    Home value

    $2,065,000

    $1.90M - $2.25M

    $2,770/mo

    Zestimate® history
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    What's special

    Front gateDecorative woodArtificial grassGas hook - upsIron fencingLarge bedroomsHerbert ave
    Immaculate NEW DEVELOPMENT in the City of Los Angeles- WHICH CONSISTS OF 2- 2 STORY DUPLEXES (TOTAL OF 4 UNITS). This beautiful Turn Key 4-Unit property sits in a prime location of Los Angeles. The Front 2 Units are as follows Unit A- 4 bedrooms/2.5 bath, Unit B- 4 Bedrooms/2.5 bath. The Rear Duplexes consist of 4 bedrooms/ 3 baths each unit. The property has a great and spacious floor plan layout with large bedrooms & custom closets in all the units. The kitchens have quartz countertops, stainless steel appliance, microwave, stove, dishwasher, refrigerator & custom-made cabinets. Beautifully painted with laminate flooring that weathers any storm! Each unit has their own central HVAC system with recess lighting throughout each unit. The laundry rooms have electric & gas hook-ups and tankless water heaters in each unit double panel windows throughout the units. Outdoors the property has decorative wood, block & iron fencing with front gate. Artificial Grass is installed which makes landscape maintenance a breeze. A perfect INCOME Property Opportunity for all Investors! This development is located in an extremely desirable location- The location couldn't be better, with Herbert Ave. is cross with Whittier Blvd. offering plenty of dining, shopping and entertainment options, a quick access to the 710, 5, 60 & 10 Freeway, property is a short distance to East L.A. Community Collage & Cal State University of Los Angeles. Don't wait, seize this incredible opportunity now and make these beautifully two-level units in East Los Angeles your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Limon DRE #01182471 562-244-8211,

    Century 21 A Better Service

    Bought with:

    Helen Lai, DRE #02060246

    West Shores Realty, Inc.

    Source: CRMLS,MLS#: DW24086561MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 12
    Rooms
    • Room types: Bedroom, Kitchen, Laundry, Living Room
    Bedroom
    • Features: Multi-Level Bedroom
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water To Refrigerator
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, See Remarks
    Features
    • Multiple Staircases, Open Floorplan, Quartz Counters
    • Flooring: Laminate, Tile, Wood
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 5,458
    • Total interior livable area: 5,458 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 6
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front
    • Pool features: None
    • Spa features: None
    • Fencing: New Condition,Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,577 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5239017014
    • Zoning: LCR4YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Roof: Composition,Shingle
    Condition
    • Turnkey
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Urban
    • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Security Lights
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $455/sqft
    • Tax assessed value: $2,485,000
    • Annual tax amount: $30,880
    • Date on market: 4/30/2024
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/26/2024Sold$2,485,000+1.5%$455/sqft
    Source: CRMLS #DW24086561 Report a problem
    5/10/2024Pending sale$2,449,000$449/sqft
    Source: CRMLS #DW24086561 Report a problem
    5/1/2024Listed for sale$2,449,000+172.1%$449/sqft
    Source: CRMLS #DW24086561 Report a problem
    4/28/2023Sold$900,000+59.3%$165/sqft
    Source: Public Record Report a problem
    5/18/2020Listing removed$564,999$104/sqft
    Source: EXP Realty of California Inc. #DW20062405 Report a problem
    3/24/2020Listed for sale$564,999+39.5%$104/sqft
    Source: EXP Realty of California Inc. #DW20062405 Report a problem
    4/23/2019Sold$405,000+15.7%$74/sqft
    Source: CRMLS #RS19063930 Report a problem
    4/4/2019Pending sale$349,900$64/sqft
    Source: Your Home Team Real Estate #RS19063930 Report a problem
    3/22/2019Listed for sale$349,900$64/sqft
    Source: Your Home Team Real Estate #RS19063930 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$30,880 +196.2%$2,485,000 +232.8%
    2024$10,424 +59.4%$746,640 +71.9%
    2023$6,540 +8.4%$434,239 +2%
    2022$6,036 +1.1%$425,726 +2%
    2021$5,968 -0.7%$417,379 +1%
    2020$6,010 $413,100 +208.7%
    2019$6,010 +147.2%$133,799 +2%
    2018$2,431 $131,176 +2%
    2017$2,431 +1.8%$128,605 +2%
    2016$2,388 +2.5%$126,085 +1.5%
    2015$2,329 +1.1%$124,192 +2%
    2014$2,304 $121,760 +4.5%
    2011-- $116,506 +0.8%
    2010-- $115,636 +1.8%
    2008-- $113,639 +4%
    2006-- $109,227
    2005-- $109,227 +4%
    2004-- $104,989 +1.9%
    2003-- $103,066 +6.1%
    2000-- $97,125
    Find assessor info on the county website

    Neighborhood: 90023

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    Estimated market value
    $2,065,000
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    Estimated market value
    $2,065,000

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