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1731 S New England St, Los Angeles, CA 90006

List Price: $1,350,000On Market FlagOn market
Feb 10, 20242,696 sqft7 beds5 baths
Listed by: Edward Limbaga
License #: 02089589
Phone #: 909-556-9590
Exp Realty of California Inc
Source:
CRMLS Logo
MLS #: TR24029418

Property Description

**INCOME PRODUCING PROPERTY** This newly renovated property boasts a fully permitted ADU and multiple bedrooms in each living space to maximize rental income. Even the finest details were not passed up on to make this property virtually brand new. The sleek colors and design makes this home rentable to a full spectrum of tenants. As you approach the property you will notice the designer wood entry gate to keep the driveway private. As you enter the main home laminate flooring throughout brings you to the kitchen with full stainless steel appliances. The accented barn door keeps a great separation through the home. 4 bedrooms downstairs and the upstairs bedroom and bath is like a 2nd master bedroom suite. Concrete throughout the exterior makes for a low maintenance yard and offers plenty of parking. The main house addressed at 1731 S New England St is so roomy it has 5 bedrooms and 3 bath and spans 2,198 sq ft of living space. The ADU has a complete Certificate of Occupancy and is addressed at 1733 S New England St and is 498 sqft with 2 bedrooms and 1 bath. Separate electric and gas meters. Shared water. Both units have their own interior laundry area. Please do not disturb tenants. Offers will be contingent upon interior inspection. Don’t miss your chance to own a strong revenue generating property in the heart of Los Angeles. See private remarks for rental history and current rent amounts.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,829

TurboHome Estimated Value

$1,369,300

$508 sqft

High Valuation
$1,437,765
$533/sqft
Normal Valuation
$1,369,300
$508/sqft
Low Valuation
$1,300,835
$483/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$508/sqft$1,369,300

Neighborhood: Mid City

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Comparative Value

$1.10M

$1.25M

$1.32M

$1.60M

$1.63M

1714 7th Ave, Los Angeles, CA 90019

Sale Price: $1,105,000

Selected Comparable

1127 S Lucerne Blvd, Los Angeles, CA 90019

Sale Price: $1,250,000

Selected Comparable

2902 West Blvd, Los Angeles, CA 90016

Sale Price: $1,325,000

Selected Comparable

1731 S New England St, Los Angeles, CA 90006

List Price: $1,350,000

Subject Property

4711 St Elmo Dr, Los Angeles, CA 90019

Sale Price: $1,600,000

Selected Comparable

2939 Chesapeake Ave, Los Angeles, CA 90016

Sale Price: $1,626,807

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1731 S New England St, Los Angeles, CA 90006

1731 S New England St, Los Angeles, CA 90006

List: $1,350,000

Listed: 2/10/2024

Area:2,696 sqft
Price/sqft:$501
Beds:7
Baths:5
Year Built:
Lot Size:4,639

Comparable Properties

COMPARABLE
Choose comps
1714 7th Ave, Los Angeles, CA 90019

1714 7th Ave, Los Angeles, CA 90019

Sale: $1,105,000

3/13/20252.09 mi

Area:3,018 sqft
Price/sqft:$366
Beds:7
Baths:6
Year Built:
Weight:22.4%
1127 S Lucerne Blvd, Los Angeles, CA 90019

1127 S Lucerne Blvd, Los Angeles, CA 90019

Sale: $1,250,000

7/21/20252.49 mi

Area:2,748 sqft
Price/sqft:$455
Beds:6
Baths:4
Year Built:
Weight:21.0%
4711 St Elmo Dr, Los Angeles, CA 90019

4711 St Elmo Dr, Los Angeles, CA 90019

Sale: $1,600,000

7/16/20253.03 mi

Area:2,903 sqft
Price/sqft:$551
Beds:6
Baths:6
Year Built:
Weight:19.1%
2939 Chesapeake Ave, Los Angeles, CA 90016

2939 Chesapeake Ave, Los Angeles, CA 90016

Sale: $1,626,807

7/18/20253.43 mi

Area:2,462 sqft
Price/sqft:$661
Beds:6
Baths:4
Year Built:
Weight:18.8%
2902 West Blvd, Los Angeles, CA 90016

2902 West Blvd, Los Angeles, CA 90016

Sale: $1,325,000

6/23/20253.19 mi

Area:2,498 sqft
Price/sqft:$530
Beds:6
Baths:4
Year Built:
Weight:18.8%

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