Attention Investors 6.5 Cap Rate! This duplex was built in 2008 and features two 4 bedroom 2 bath units that are in good condition. The upstairs unit is in good condition with 4 bedrooms and 2 baths, an updated kitchen with granite counters and newer cabinets, the downstairs unit is the same floor plan and is also in good condition, both units have inside laundry hook ups, the property has a long gated driveway with a large two car detached finished garage and parking for multiple other cars in the rear, the property is close to the 105, 10 and 110 freeways, USC, downtown, Mid city and lots of shopping. Expenses for water and insurance are estimated. We also have another duplex for sale with the same Cap Rate, floor plan built in 2008 at 238 E 73rd Street. Total gross income $79,000, total expenses $13,975, buyer accepts responsibility for verifying all information including expenses and income.
Sold for $949,900
Listed by: Your Home Team Real Estate • Alvin Mullins • Contact: 714-309-6287
Bought with: First Team Real Estate
$949,900
408 E 56th St, Los Angeles, CA 90011
8beds
4baths
2,560sqft
Duplex
Built in 2010
-- sqft lot
$977,600 Zestimate®
$371/sqft
$2,742 Estimated rent
Home value
$977,600
$919,000 - $1.05M
$2,742/mo
Zestimate® history
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List your homeWhat's special
Inside laundry hook upsMid cityGranite countersNewer cabinetsLong gated drivewayUpdated kitchen
Zillow last checked:
Listing updated:
Listed by:
Alvin Mullins DRE #01128308 562-619-9595,
Your Home Team Real Estate
Bought with:
Jimmy Kim, DRE #01772862
First Team Real Estate
Source: CRMLS,MLS#: RS24000946
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Primary Suite
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Range
- Laundry: Inside, Laundry Room
Features
- Primary Suite
- Flooring: Laminate
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,560
- Total interior livable area: 2,560 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Door-Multi, Driveway Level, Garage Faces Front, Garage, Garage Door Opener, RV Gated, RV Access/Parking
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Fencing: Block
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,096 Square Feet
- Features: Back Yard, Front Yard, Level, Yard
Details
- Parcel number: 5101004014
- Zoning: LAR2
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Turnkey
- New construction: No
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $969,000
- Annual tax amount: $11,927
- Date on market: 1/10/2024
- Cumulative days on market: 33 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2024 | Sold | $949,900$371/sqft |
Source:  CRMLS #RS24000946 Report a problem | ||
| 2/14/2024 | Contingent | $949,900$371/sqft |
Source: CRMLS #RS24000946 Report a problem | ||
| 1/11/2024 | Listed for sale | $949,900+97.9%$371/sqft |
Source: CRMLS #RS24000946 Report a problem | ||
| 7/23/2010 | Sold | $480,000+433.3%$188/sqft |
Source: Public Record Report a problem | ||
| 7/17/2009 | Sold | $90,000-42.9%$35/sqft |
Source: Public Record Report a problem | ||
| 1/15/2009 | Sold | $157,653$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,927 +56.7% | $969,000 +60.7% |
| 2024 | $7,611 +1.9% | $602,895 +2% |
| 2023 | $7,468 +4.8% | $591,075 +2% |
| 2022 | $7,126 +1.4% | $579,486 +2% |
| 2021 | $7,029 -0.9% | $568,124 +1% |
| 2020 | $7,096 | $562,299 +2% |
| 2019 | $7,096 +5.3% | $551,275 +2% |
| 2018 | $6,739 | $540,467 +2% |
| 2017 | $6,739 +2.2% | $529,870 +2% |
| 2016 | $6,592 +2.6% | $519,482 +1.5% |
| 2015 | $6,424 +1% | $511,680 +2% |
| 2014 | $6,361 | $501,658 +2.5% |
| 2012 | -- | $489,600 +2% |
| 2011 | -- | $480,000 +433.3% |
| 2010 | -- | $90,000 +291.5% |
| 2009 | -- | $22,987 +2% |
| 2008 | -- | $22,537 +2% |
| 2007 | -- | $22,096 +2% |
| 2006 | -- | $21,663 |
| 2005 | -- | $21,663 +4% |
| 2004 | -- | $20,823 +1.9% |
| 2003 | -- | $20,443 +2% |
| 2002 | -- | $20,043 +4% |
| 2000 | -- | $19,267 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 2/10Estrella Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Los Angeles Academy MiddleGrades: 6-8Distance: 0.2 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 0.2 mi
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Estimated market value
$977,600
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Estimated market value
$977,600
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