$10,000

closing credit¹

1731 S New England St Los Angeles, CA 90006

$1,350,000
7 beds
5 full
2,696 sqft
0.1 acres
$501 / sqft
Multi-Family

Property details

About 1731 S New England St

**INCOME PRODUCING PROPERTY** This newly renovated property boasts a fully permitted ADU and multiple bedrooms in each living space to maximize rental income. Even the finest details were not passed up on to make this property virtually brand new. The sleek colors and design makes this home rentable to a full spectrum of tenants. As you approach the property you will notice the designer wood entry gate to keep the driveway private. As you enter the main home laminate flooring throughout brings you to the kitchen with full stainless steel appliances. The accented barn door keeps a great separation through the home. 4 bedrooms downstairs and the upstairs bedroom and bath is like a 2nd master bedroom suite. Concrete throughout the exterior makes for a low maintenance yard and offers plenty of parking. The main house addressed at 1731 S New England St is so roomy it has 5 bedrooms and 3 bath and spans 2,198 sq ft of living space. The ADU has a complete Certificate of Occupancy and is addressed at 1733 S New England St and is 498 sqft with 2 bedrooms and 1 bath. Separate electric and gas meters. Shared water. Both units have their own interior laundry area. Please do not disturb tenants. Offers will be contingent upon interior inspection. Don’t miss your chance to own a strong revenue generating property in the heart of Los Angeles. See private remarks for rental history and current rent amounts.

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,696 sqft
Lot size0.1065 Acres
Year built1912
MLS #TR24029418
FireplaceLiving Room

Summary

  • MLS Number: TR24029418
  • MLS Name: CRMLS
  • Office Name: Exp Realty of California Inc
  • Office Email: edward.limbaga@exprealty.com
  • Listing Agent: Edward Limbaga

IDX 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: 2/1/2025, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$1,350,000

1731 S New England St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 23, 2020
Home Sold
$625,000
Feb 21, 2020
Home Sold
$440,000
Jul 29, 2015
Home Sold
$480,000

Tax history

YearAssessmentProperty Tax
2024$1,377,000$16,908
2023$1,350,000$16,584
2022$1,280,000$15,308
2021$631,475$7,715
2020$612,781$6,191
2019$509,378$6,093
2018$499,391$5,962
2017$489,600$5,962

History based on county public records data.

Nearby schools

4

Magnolia Avenue Elementary School

Public District PK-5

0.1 mi

1626 Orchard Ave

6

Equitas Academy Charter

Public Charter KG-5

0.6 mi

1700 W Pico Blvd

2

Politi Elementary School

Public District KG-5

0.6 mi

2481 W 11th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,303. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

33%
<35k
50%
35k-100k
17%
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?

31%
Single, No Kids
28%
Single, with Kids
15%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1731 S New England St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 2,696 square foot home, which was built in 1912, sits on a 0.11 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 11, 2024 and is currently priced at $1,350,000.

While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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