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1360 Masselin Avenue, Los Angeles, CA 90019
5
beds
4
baths
2753
ft2
· 5832
ft2 lot
$1,700,000
$618 / ft2
Listing provided courtesy of Nico Rosmarin, Lyon Stahl Investment Real Estate, Inc..
Source CRMLS.
We are pleased to present 1360 S Masselin Ave, a charming Spanish duplex property located in the desirable Wilshire Vista neighborhood, nestled between Pico and San Vicente in the Mid-Wilshire area of Los Angeles. The subject property is comprised of one (1) 3-bedroom / 2-bathroom unit and one (1) 2-bedroom / 1 ¼ -bathroom unit with a total living area of 2,753 SF situated on a sizeable 5,832 SF lot. This is an excellent opportunity for an owner-user and investor alike to acquire an investment property in one of the most desired neighborhoods of Los Angeles. Short distances to shops, restaurants, medical as well as the purple line, museum row, and the future extension of the Crenshaw Northern Expansion project connecting the Crenshaw/LAX Transit project, Green, Expo, Purple and Red Lines.
HOA
$—/month
On market
7 months
Year built
1927
Property type
Multi-Family
Parking
MLS
SB20197645
Price / Sq.Ft.
$618 / ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $1,700,000
Rebate:
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Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
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+$331/day
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Best
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$8,500
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$8,500
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Discount Brokerage
$6,470
not offered
$6,470
Average
Traditional Brokerage
$0
not offered
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Variable
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Dryer Included, Washer Included
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 2753.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
Building Info
•   
Building Area Units: Square Feet
•   
Year Built Source: Assessor
Lot Info
•   
Zoning: LAR2
•   
Lot Features: 2-5 Units/Acre, Back Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1339
•   
Lot Size Area: 5832.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 2
Property Features
•   
Common Walls: 1 Common Wall
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Maintenance Expense: 4080.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 20304.00
•   
Insurance Expense: 1101.00
•   
Total Expenses: 28285.00
•   
Gross Scheduled Income: 102000.00
•   
Operating Expense: 28285.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 102000.00
•   
Tax Year: 2020
•   
Taxes: 11036.0
Lease Info
•   
Net Operating Income: 70655.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Gutters, Sidewalks
•   
Directions: Travelling West on Pico Blvd, turn right onto Masselin Ave, the property is located on the right hand side.
Other
Calculation
•   
Dom: 88
•   
Cdom: 88
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 22, 2021 1:11pm
Neighborhood snapshot
164
Properties for sale
16
Median days on market
$602.82
Median sold price/sqft
99.81%
Sold/List %
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Property History
09/21/2020
09/21/2020
CRMLS #SB20197645
active
CRMLS #SB20197645
$1,700,000
10/03/2019
10/03/2019
CRMLS #19517166
active
CRMLS #19517166
$1,700,000
+152.60%
10/02/2002
10/02/2002
Public Record
sold
Public Record
$673,000
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