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145 S Reno Street, Los Angeles, CA 90057

Duplex · 2 recorded sales since 2022

145 S Reno Street, Los Angeles, CA 90057 Sold May 2024 CRMLS
$1,175,000Sold May 2024

Listing Agent: Bret Lewis (DRE #01872524) · Listing Office: Bret Lewis, Broker · Contact: 480-225-6616 · Bought with: Cyrus Mohseni · The Keystone Team · MLS #PW24064044 · Source: CRMLS

4,800 sqft
Lot Size
1906
Year Built
Duplex
Type
2
Stories
2
Garage
Ductless
Cooling
WallFurnace
Heating
Neighborhood
View

About this duplex

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.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$1,175,000
Sold May 2024 · listed $1,199,000, orig. $1,225,000, on market January 2024 · MLS #PW24064044 · Source: CRMLS
Listing Agent: Bret Lewis · Listing Office: Bret Lewis, Broker · Contact: 480-225-6616 · Bought with: Cyrus Mohseni · The Keystone Team
$788,000
Sold February 2022 · listed $768,000, on market November 2021 · MLS #AR21242914 · Source: CRMLS
Listing Agent: Fred Ashkar · Listing Office: Re/Max Premier Prop Arcadia · Contact: 626-229-2200 · Bought with: Bret Lewis · Bret Lewis, Broker
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