Calling all Investors.....Welcome to this fantastic opportunity in the heart of East Los Angeles. Seller is Motivated and priced it to Sell!! Great Opportunity to own this Investment Property a Duplex featuring 1,872 Sq Ft of living space on a 7,310 Sq Ft Lot (Zoning LCR4YY). Front house is 2 bedrooms 1 bathroom unit is a fixer but could be fixed up into something special & profitable. Back unit has a tenant (currently month-to-month) 1 bedroom 1 bathroom . Property also offers a two car garage (possible ADU), plenty of yard for gatherings, and located a few blocks from Montebello. Close to major freeways including 710, 60, and 10, commuting to and from this property is a breeze, making it an ideal location for urban living. Property is close to schools, shopping, dining, entertainment, and freeway access. This one will go fast. Don't let this opportunity pass you by. See you in Escrow :) .
Sold for $760,000
Listed by: Pak Home Realty • Jose Leon • Contact: 323-490-0230
Bought with: Pak Home Realty
Tax assessed value
$760,000
309 Margaret Ave, Los Angeles, CA 90022
3beds
2baths
1,872sqft
Duplex
Built in 1949
-- sqft lot
$865,200 Zestimate®
$406/sqft
$2,486 Estimated rent
Home value
$865,200
$805,000 - $934,000
$2,486/mo
Zestimate® history
Owner options
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$2,486/mo
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$2,486/mo
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$4,862/mo
Est. payment
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$4,862/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jose Leon DRE #01813677 323-490-0230,
Pak Home Realty
Bought with:
Jose Leon, DRE #01813677
Pak Home Realty
Source: CRMLS,MLS#: DW24141569
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- All Bedrooms Down
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 7,297 Square Feet
- Features: Back Yard, Front Yard, Sprinklers In Front, Yard
Details
- Parcel number: 5249026018
- Zoning: LCR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $406/sqft
- Tax assessed value: $760,000
- Annual tax amount: $10,427
- Date on market: 7/10/2024
- Cumulative days on market: 20 days
- Listing terms: Cash
- Total actual rent: 1200
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2024 | Sold | $760,000+1.3%$406/sqft |
Source:  CRMLS #DW24141569 Report a problem | ||
| 8/7/2024 | Contingent | $749,900$401/sqft |
Source: CRMLS #DW24141569 Report a problem | ||
| 7/10/2024 | Listed for sale | $749,900$401/sqft |
Source: CRMLS #DW24141569 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,427 +3.3% | $760,000 +3.1% |
| 2024 | $10,091 +449.2% | $737,460 +1055.9% |
| 2023 | $1,837 +2.8% | $63,799 +2% |
| 2022 | $1,787 +1.7% | $62,549 +2% |
| 2021 | $1,758 0% | $61,324 +1% |
| 2020 | $1,758 | $60,696 +2% |
| 2019 | $1,758 +8.9% | $59,507 +2% |
| 2018 | $1,615 | $58,341 +2% |
| 2017 | $1,615 +1.6% | $57,198 +2% |
| 2016 | $1,589 +3.3% | $56,078 +1.5% |
| 2015 | $1,539 +0.7% | $55,237 +2% |
| 2014 | $1,529 | $54,155 +2.5% |
| 2012 | -- | $52,856 +2.5% |
| 2009 | -- | $51,557 +2% |
| 2008 | -- | $50,547 +4% |
| 2005 | -- | $48,586 +4% |
| 2004 | -- | $46,701 +1.9% |
| 2003 | -- | $45,846 +2% |
| 2002 | -- | $44,948 |
Find assessor info on the county website
Neighborhood: 90022
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10Robert Hill Lane Elementary SchoolGrades: K-6Distance: 0.6 mi
- 5/10David Wark Griffith Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10James A. Garfield Senior High SchoolGrades: 9-12Distance: 0.6 mi
Get a cash offer in 3 minutes
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Estimated market value
$865,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$865,200
- California
- Los Angeles County
- East Los Angeles
- 90022
- 309 Margaret Ave
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