Backup offers
$10,000 Closing Credit¹
#24462265, Will Tiao, Listing Office: The Collective Realty
#25481675·
Listing Office: NDA Real Estate·
Listing Agent: Jared Goldstein·
Listing Office Phone: 818-404-5090
2405 Meadowvale Ave Los Angeles, CA 90031
$2,688,000 List price
8 beds
8 baths
3,134 sqft
0.1 acres
$858 / sqft
House
Property details
About 2405 Meadowvale Ave
Embrace LA's most coveted emerging neighborhood with this beautifully redeveloped 4-unit property in the heart of Frogtown. This vibrant riverside community has seen property values skyrocket since 2017, yet remains poised for unprecedented growth with less than 20% of its residential sector developed to modern standards.Each unit has been completely transformed into spacious 2-bed/2-bath layouts, featuring newly installed central heating and air conditioning, energy-efficient windows, and designer kitchens with premium appliances. Modern vinyl plank flooring flows throughout, complemented by fresh interior and exterior paint. A distinctive touch: individually colored entry doors matching dedicated parking spaces enhance the property's artistic curb appeal, resonating with Frogtown's creative character.Annual gross rental income approaches $200,000, with a strong 5.7% cap rate. The versatile 2-bed/2-bath configurations attract quality long-term tenants, from young professionals to small families. Located minutes from downtown LA, Dodger Stadium, and Silver Lake, residents enjoy easy access to major freeways while being steps from the LA River's extensive bike paths.The neighborhood's evolution continues as recent data shows local household incomes climbing 11.9% in 2022, as the area draws increasingly affluent residents. This turnkey investment combines immediate strong returns with substantial upside potential in one of LA's most dynamic emerging neighborhoods.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Size3,134 sqft
Lot size0.1149 Acres
Year built1970
ParkingAssigned, Detached Carport, Uncovered
MLS #25481675
FireplaceElectric
Summary
- MLS Number: 25481675
- MLS Name: CRMLS
- Office Name: NDA Real Estate
- Office Phone: (818) 404-5090
- Listing Agent: Jared Goldstein
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, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,688,000
2405 Meadowvale Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 15, 2024 | Home Sold | $1,682,500 |
| May 29, 2003 | Home Sold | $320,000 |
| Jun 13, 1990 | Home Sold | $265,000 |
| May 13, 1988 | Home Sold | $224,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $454,357 | $6,009 |
| 2023 | $445,449 | $5,896 |
| 2022 | $436,715 | $5,628 |
| 2021 | $428,153 | $5,541 |
| 2020 | $423,764 | $5,379 |
| 2019 | $415,456 | $5,303 |
| 2018 | $407,311 | $5,189 |
| 2017 | $399,326 | $5,189 |
History based on county public records data.
Nearby schools
7
Dorris Place Elementary
Public District KG-6
0.3 mi
•2225 Dorris Pl
4
Aragon Elementary School
Public District KG-5
0.5 mi
•1118 Aragon Ave
5
Glassell Park Elementary
Public Magnet KG-5
0.9 mi
•2211 W Avenue 30
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 $57,992. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
20%
<35k
66%
35k-100k
14%
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?
37%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Popeyes
Jack In The Box
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2405 Meadowvale Ave
This home is located at 2405 Meadowvale Ave in Los Angeles, CA and zip code 90031 in the Central LA neighborhood. This 3,134 square foot home, which was built in 1970, sits on a 0.11 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $2,688,000.
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. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.