Los Angeles, CA 90057 145 S Reno Street

Pending
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Presented By: Bret Lewis with Bret Lewis, Broker; 480-225-6616
  • MLS# PW24064044
  • 04/01/2024
  • Request Tour
  • Request Info
  • BedBeds • 7
  • BathBaths • 4
  • FootageSQFT • 2,695
  • GarageGarage • 2

Home Details

Meticulous remodeled Craftsman-style duplex in the heart of Los Angeles. With two distinct units, this property offers not just a home, but a lucrative investment. The upper unit boasts 4 bedrooms and 2 well-appointed bathrooms while the lower unit offers 3 bedrooms, 2 bathrooms, and an additional den, providing a total of 7 bedrooms and 4 bathrooms. This duplex truly is a "cash cow," offering substantial rental income with stimated rents of $5,000 for the upper unit and $4,500 for the lower unit. Recent upgrades have transformed this duplex with new flooring and fresh paint throughout. The kitchens have been completely remodeled with new shaker cabinets and elegant quartz countertops. Modern appliances, including a range, oven, dishwasher, and refrigerator, have been added to both units, ensuring a seamless living experience. Laundry hookups are conveniently available in both units, simplifying daily chores. Additionally, the property is equipped with separate electric and gas meters for efficient utility management. Complete with 2 car garage and additional on-site parking. With an outstanding walk score of 80, residents can accomplish most errands on foot, making daily life exceptionally convenient. The property also boasts a great transit rating of 71, facilitating easy commuting and city exploration. Situated near downtown Los Angeles, this duplex enjoys a prime location in a thriving neighborhood that is considered the heart of L.A. It's the perfect place for those looking to live in the midst of all the action or invest in a property with limitless potential. This remodeled Craftsman duplex offers the best of both worlds - classic charm combined with modern amenities and income potential. It's a property that truly speaks for itself, with an ideal location that makes it the place to be in Los Angeles.
Presented By: Bret Lewis with Bret Lewis, Broker; 480-225-6616

Interior Features for 145 S Reno Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesInside
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 145 S Reno Street

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricOven, GasRange, Refrigerator
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, Urban
CoolingDuctless
CountyLos Angeles
Days on Market5
DirectionsWilshire and Virgil: Head North on Virgil, Right on 3rd, Left on Reno.
Entry Location1
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesQuartzCounters
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, Item1031Exchange, FHA, VALoan
Lot Size Square Feet4800.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income114000.0
New ConstructionNo
Open Parking Spaces2.0
Operating Expense0.0
Other StructuresStorage
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled, Turnkey
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer, None
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Street NameReno
Tax Lot11
Total Units2
Trash Expense0.0
UtilitiesSewerNotAvailable
ViewNeighborhood
View Y/NYes
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1906
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 145 S Reno Street

Building Area Total2695.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, BackYard, FrontYard, Lawn, Landscaped, SprinklerSystem
Lot Size Acres0.1102
Lot Size Area4800.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,199,000
MLS#PW24064044
List Date 04/01/2024
Property Type Pending
Phone 714.964.3311
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