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SOLD 3/25/2021
2358 Elmgrove Street, Los Angeles, CA 90031
6
beds
4
baths
2550
ft2
· 5483
ft2 lot
$1,513,000
$586 / ft2
Listing provided courtesy of Listing Broker: Ken Shapiro, Silverwood Properties.
Source CRMLS.
Back on the market with new greatly reduced price. Owner wants it sold! Here is a state-of-the-art brand new construction 2-on-a-lot (main house plus large ADU) each 3 bed 2.5 bath in red hot Frogtown! Perfect for owner occupied or for tenants. And, being brand new construction, you have 15 years of no rent control. Also, works great for extended family or friends to own together as TIC or Joint Tenancy, each family living in each one of the homes. You have all the features necessary to ensure maximum rents, including: beautiful finishes and fixtures, lots of natural light and inviting open floor plan. Plus each home has its own separate outdoor space, and both homes have two car parking. Additional features include: high ceiling bedrooms, laundry hook-ups for both homes and central heat and air. Easy access to the 2,5 and 110 freeways. And you are a 5 minute drive to downtown without using a freeway. Delivered vacant. Easy to show. Come see it as soon as possible. It likely won't last
HOA
$—/month
On market
a month
Year built
2020
Property type
Multi-Family
Parking
MLS
21677992
Price / Sq.Ft.
$586 / ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,495,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$291/day
$0
Best
Flyhomes Guaranteed Offer
$7,475
- -
$7,475
Better
Discount Brokerage
$5,630
not offered
$5,630
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Appliances: Dishwasher, Microwave, Refrigerator
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central
•   
Cooling Details: Central Air
Flooring
•   
Flooring: Wood, Tile
Interior Size
•   
Building Area Total: 2550.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Driveway, Detached Carport
Building Info
•   
Zoning: LAR1
•   
Stories Total: 2
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 2
Lot Info
•   
Lot Size Acres: 0.1200
•   
Lot Size Dimensions: 43x128
•   
Lot Size Area: 5483.0000
•   
Lot Size Units: Square Feet
Property Type
•   
Architectural Style: Contemporary
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 111000.00
•   
Vacancy Allowance Rate: 100.00
•   
Total Expenses: 33300.00
•   
Gross Multiplier: 14.41
Tax/Assessment Info
•   
Gross Income: 111000.00
•   
Tax Year: 2020
•   
Taxes: 8864.0
Lease Info
•   
Net Operating Income: 77700.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
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 Bathrooms: 2
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: See google maps
Virtual Tour Link
Virtual Tour
•   
Virtual Tour Url Unbranded
Other
Calculation
•   
Dom: 33
•   
Cdom: 108
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 23, 2021 6:35am
Neighborhood snapshot
44
Properties for sale
24
Median days on market
$514.35
Median sold price/sqft
101.29%
Sold/List %
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Property History
03/25/2021
03/25/2021
CRMLS #21677992
sold
CRMLS #21677992
$1,495,000
01/08/2021
01/08/2021
CRMLS #21677992
active
CRMLS #21677992
$1,495,000
01/08/2021
01/08/2021
CRMLS #21677968
active
CRMLS #21677968
$1,495,000
--6.50%
10/10/2020
10/10/2020
CRMLS #20645220
active
CRMLS #20645220
$1,599,000
+178.09%
09/06/2018
09/06/2018
Public Record
sold
Public Record
$575,000
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