#24456627, Joel Newton, Listing Office: Coldwell Banker Realty
$10,000
closing credit¹
1758 S New England St Los Angeles, CA 90006
Property details
About 1758 S New England St
Fantastic value-add and owner/user opportunity at 1758 S New England Street - a five unit multifamily investment located in the Pico-Union area of Los Angeles. The property has two buildings that consist of one (1) three-bedroom single family home and four (4) one-bedroom units. A one-bedroom unit is currently vacant and will remain vacant for a potential owner/user or a new investor. The property totals 4,494 SF and sits on a 7,947 SF lot with a total of 6 open parking spaces. There is PRIVATE FINANCING available for the subject property for a new Buyer or an owner/user. The owner has upgraded the property with the following: electrical (service, main panel, and sub-panels), copper plumbing in the units, new windows, newer roof replacements, and more (Buyer to verify and conduct due diligence). Further, the subject property has tremendous rental upside with a pro forma GRM of 8.15 and CAP rate of 8.94%.
Highlights
Summary
- MLS Number: 25491745
- MLS Name: CRMLS
- Office Name: Equity Union
- Office Phone: (424) 600-7620
- Listing Agent: Jonathan Prakash
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, 5:20:54 PM 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
$949,000
1758 S New England St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $221,039 | $3,712 |
2023 | $216,706 | $3,663 |
2022 | $212,457 | $3,536 |
2021 | $208,293 | $3,471 |
2020 | $206,158 | $3,392 |
2019 | $202,117 | $3,248 |
2018 | $198,155 | $3,150 |
2017 | $194,271 | $3,150 |
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
0.7 mi
•2481 W 11th St
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 $56,303. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
Frequently asked questions
About 1758 S New England St
This home is located at 1758 S New England St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 4,494 square foot home, which was built in 1913, sits on a 0.18 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $949,000.
Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 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.