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145 S Reno Street, Los Angeles, CA 90057
$1,175,000
145 S Reno Street, Los Angeles, CA 90057View this property at 145 S Reno Street, Los Angeles, CA 90057
145 S Reno StreetLos AngelesCA90057
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Property Description
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.
Full Property Details
Full Property Details for 145 S Reno St
General
- Sold For: $1,175,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW24064044
- Added to Site: 151 day(s) ago
Interior
- Rooms/Areas: Den
- Interior Features: Quartz Counters
- Fireplace(s): Living Room
- Appliances: Dishwasher, Electric Oven, Gas Range, Refrigerator
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage
- Parking: Garage
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: Wilshire and Virgil: Head North on Virgil, Right on 3rd, Left on Reno.
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Wall Furnace
Utilities
- Sewer: None, Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,695
- Year Built: 1906
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1102
- Lot Size Source: Assessor
- Zoning: LARD1.5
- Lot Description: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $435.99
- Price Per Unit: 599500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Bret Lewis, Broker, Bret Lewis
Sold by The Keystone Team, Cyrus Mohseni
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Schools
Schools serving 145 S Reno St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
215 S Commonwealth Ave, Los Angeles, CA 90004 | K-5 | 0.2 mi | |
152 N Vermont Ave, Los Angeles, CA 90004 | 6-8 | 0.6 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 145 S Reno St
Date
Details
Price
Change
Source
5/14/2024
Sold
$1,175,000
-2%
MLS
4/04/2024
Price Reduced
$1,199,000
-2.12%
MLS
4/01/2024
Listed
$1,225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
145 S Reno Street, Los Angeles, CA 90057 (MLS# PW24064044) is a Multi-Family property that was sold at $1,175,000 on May 14, 2024. Want to learn more about 145 S Reno Street? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.