Calling all investors and visionaries to this opportunity in an up-and-coming El Sereno neighborhood! There’s major upside potential in this fixer upper to customize to your taste and build sweat equity or fix it up and resell it as a flip for a profit. Recent sales in the area suggest an after-repairs value of $675, 000+ on the existing layout. If you add more square footage and another bedroom, the after-repairs value goes up to $800, 000+. Check out the recent sale of 3922 Edison Walk and 4005 Guardia Ave for reference on the after-repairs value. There are several multi-unit properties in the area. Consult with the city about the options for adding additional units. The property includes the parking… Full description
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA. The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+, which is more than the national average.