$10,000 Closing Credit¹
#PW24067859, Elizabeth Ramirez, Listing Office: Bricxone Realty, Inc.
$2,300,000 List price
143 N Reno St Los Angeles, CA 90026
$10,000
Closing credit¹
0.1 acres
Condo
Property details
About 143 N Reno St
A 16-unit bread-and-butter Value-Add Opportunity in Rampart Village neighborhood. The property has been with the same ownership for more than 25 years. It is located on a side residential street and centrally situated only several blocks south of Silver Lake area and Silver Lake Blvd. Bordering Silver Lake, Echo Park, and Koreatown area, this location provides consistently high demand for apartment units. The offering provides an attractive high CAP Rate with proforma CAP Rate close to 10%. Built in 1927, the property offers large building size totaling ±9,240 SF of square footage on a sizeable ±6,000 SF lot. The property is an easily maintained two-story building, with a good unit mix of four (4) x 1bed+1bath, and twelve (12) large studios. It has an unusually wide hallway area which provides a good common area atmosphere to the building. The building has been well maintained by the current owner with some notable capital improvements in recent years which include electrical panels upgrade, and a foundation strengthening recently. Each unit offers a spacious and functional layout which includes large full kitchens & bathroom (with bathtub) with a large closet space (some are walk-in closets). Some units have been somewhat updated with vinyl wood flooring, and updated kitchen. Studio units are spacious with an estimated size around 400-500 SF each (buyer to verify). Two of the studios are vacant and may be delivered vacant. The property has a basement that is being used as a shared laundry room and master water heater area. Laundry machines are leased. The property has a secure entrance, is master metered for utilities and water, and has a flat roof. Centrally located in Rampart Village area and only blocks away from Silver Lake area and Silver Lake Blvd, this property is adjacent to Echo Park, Koreatown and only minutes away Downtown Los Angeles Financial District, University Park, MacArthur Park, Mid-City, Koreatown, Silver Lake, Echo Park, Central Los Angeles, Melrose Hill, East Hollywood, Historic Filipino town, and Angelino Heights.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.1377 Acres
Year built1927
MLS #AR25041703
Summary
- MLS Number: AR25041703
- MLS Name: CRMLS
- Office Name: Growth Investment Group Pasade
- Office Email: han.chen@growthinvestmentgroup.com
- Listing Agent: Han Chen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,300,000
143 N Reno St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 05, 1999 | Home Sold | $300,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $462,465 | $6,983 |
| 2023 | $453,425 | $6,877 |
| 2022 | $444,563 | $6,611 |
| 2021 | $435,875 | $6,479 |
| 2020 | $430,021 | $6,316 |
| 2019 | $421,590 | $6,231 |
| 2018 | $413,324 | $6,078 |
| 2017 | $405,221 | $6,078 |
History based on county public records data.
Nearby schools
6
Commonwealth Avenue Elementary School
Public District 1-5
0.3 mi
•215 S Commonwealth Ave
6
Dr. Sammy Lee Medical and Health Science Magnet
Public Magnet KG-5
0.4 mi
•3600 Council St
4
Rosemont Avenue Elementary
Public District 2-5
0.6 mi
•421 Rosemont Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,729. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
38%
<35k
52%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
17%
Single, with Kids
19%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Alternative
All data provided by Home Junction and Claritas
Similar homes for sale
#SB25000692, Robert Sillman, Listing Office: Lyon Stahl Investment Real Estate, Inc.
$10,000 Closing Credit¹
#SB24060714, Malcolm Zeger, Listing Office: Buckingham Investments, Inc
$10,000 Closing Credit¹
#WS25034767, PATSY CHAN, Listing Office: FAIRMATE INC.
New - 6 days on Rocket
$10,000 Closing Credit¹
#OC25041643, Parker Boehle, Listing Office: NorthMarq Realty Services, Inc
$7,113 Closing Credit¹
#P1-19512, Thomas Atamian, Listing Office: COMPASS
New - 5 days on Rocket
#SR25042067, Young Hong, Listing Office: New Star Realty & Investment
3D tour
$7,695 Closing Credit¹
#OC24224287, Michelle Hyman, Listing Office: The Collins Group Inc
New - 3 days on Rocket
$8,170 Closing Credit¹
#P1-21047, Jeong Oh, Listing Office: E-Town Realty
$8,894 Closing Credit¹
#BB25034139, Suzanna Storm, Listing Office: Redfin Corporation
Frequently asked questions
About 143 N Reno St
This home is located at 143 N Reno St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $2,300,000.
In February 2025, from all listings sold in Los Angeles, CA there were more than 212 sold above asking price, over 280 sold below and more than 105 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 10.8% between January and February 2025. The median list price of listings available in February 2025 was $989,396, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.