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252 Branch St

Los Angeles, CA 90042
  • $1,500,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 22-124671
UPDATED: 29 min ago
$1,500,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,138
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Description

Built in 1912, 252 Branch Street is a recently renovated duplex and incredible owner occupied or investment opportunity. Located in Highland Park just North of the popular York Blvd with neighborhood favorites such as Dulce de Leche, Joy and The York +many more within walking distance Property has an excellent Walkscore of 89 and is a quick 5 minute drive from the Arroyo Secco park and golf course. The 3,138 square foot property sits on a 6,402 lot and includes a bottom unit with 3br/2.5ba, and a top unit with 3br/1ba. Units went through significant capital improvements at the end of 2019. Outside, the duplex includes a front yard area, a two-car garage, and a large fenced in backyard. The backyard is large enough for construction of a third unit/ADU Ideal for anyone looking to live in a new house and have the front 2 units offset mortgage. Conceptual drawings(Renderings) for back house included (pix 47-50). Plans have *_NOT_* been submitted or approved by the city of Los Angeles. Buyer to verify development potential independently. Adjacent Duplex 248 Branch St APN# 5493001015 also available for sale under MLS # 22-124813 Property is currently tenant occupied @ $7,228/mo (combined) Interior pix are from 2019 remodel. Both units currently occupied Property shows on Zimas as a duplex. Original building permit shows Single Family.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T18:43:30.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/125857202
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252 Branch St Los Angeles, CA 90042

  • Price: $1,500,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 29 min ago
  • MLS #: 22-124671
6
Beds
0
Baths
0
½ Baths
0.15
Acres
3,138
SQFT
$478
$/SQFT
1912
Built
Neighborhood:
Highland Park
County:
Los Angeles
Area:
Highland Park
Property Description
Built in 1912, 252 Branch Street is a recently renovated duplex and incredible owner occupied or investment opportunity. Located in Highland Park just North of the popular York Blvd with neighborhood favorites such as Dulce de Leche, Joy and The York +many more within walking distance Property has an excellent Walkscore of 89 and is a quick 5 minute drive from the Arroyo Secco park and golf course. The 3,138 square foot property sits on a 6,402 lot and includes a bottom unit with 3br/2.5ba, and a top unit with 3br/1ba. Units went through significant capital improvements at the end of 2019. Outside, the duplex includes a front yard area, a two-car garage, and a large fenced in backyard. The backyard is large enough for construction of a third unit/ADU Ideal for anyone looking to live in a new house and have the front 2 units offset mortgage. Conceptual drawings(Renderings) for back house included (pix 47-50). Plans have *_NOT_* been submitted or approved by the city of Los Angeles. Buyer to verify development potential independently. Adjacent Duplex 248 Branch St APN# 5493001015 also available for sale under MLS # 22-124813 Property is currently tenant occupied @ $7,228/mo (combined) Interior pix are from 2019 remodel. Both units currently occupied Property shows on Zimas as a duplex. Original building permit shows Single Family.
Exterior Features

Direction Faces West Garage Structures Total 1 Lot Size Area 6402 Other Structures None Parking Garage Garage - 2 CarUncovered Total Parking 4 View Description None View YN No

Interior Features

Baths Total 3.00 Common Walls Attached Cooling Other Equipment None Heating Other

Property Features

ADACompliance No Assessed Total Value 1058250 Gross Income 86376 Gross Operating Income 86376 Like Units1 1 Like Units2 2 Net Operating Income 52412.00 Number Of Buildings 1 Number Of Units 2 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 33964 Type Of Units Duplex Water Heaters YN Yes Year Built Source Assessor Zoning Lard2

Listing provided courtesy of Mischa Ben Nicolas DRE# of IET Real Estate.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T18:43:30.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
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Rancho Mirage CA, 92270