StatusAccepting Backup Offers (Active Under Contract)
About 1627 Leighton Ave
Explore the Potential at 1627 Leighton Ave - Your Residential Income Property Awaits! Invest with Confidence! 1627 Front House: 3 Bedrooms, 1.5 Baths Completely Renovated: New Flooring, Granite Counters Convenient Inside Laundry New Windows for Energy Efficiency Rents for $2,500 per month Your Gateway to Luxury Living! 1629 Middle House: 2 Bedrooms, 1 Bath Upgraded with New Windows & Granite Counters Gas Heater for Comfort Rents for $1,300 per month Stability Meets Style! 1627 1/2 Rear ADU: 1 Bedroom, 1 Bath Spacious Living Room & Kitchen, Recent build, recessed Lights, very clean unit Versatile ADU with lots of Potential Rents for $1,500 per month Ideal for Extended Family or Extra Income! Fourth building is a storage building. What secrets does this income property hold? The allure of modern upgrades, stable rental income, and an recent built ADU are ready to be uncovered. Whether you're an investor seeking returns or a homeowner with a vision, 1627 Leighton Ave offers endless possibilities. Ready to make your mark in the world of real estate? This property is your canvas for financial growth. Contact our real estate expert today to schedule a viewing and explore the full potential of 1627 Leighton Ave. Invest wisely. Invest in 1627 Leighton Ave! All Information Deemed Reliable but Not Guaranteed. Buyers and Buyer's Agent to investigate all information to Buyer's Satisfaction.
Property Details
Property Features
Property Information:
Year Built: 1914
Stories: 1
Listing Office:
Office Name: KELLER WILLIAMS COVINA
Office Phone: (626) 388-5518
Listing Agent: Fernando Reza
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Lot Features
Lot Information:
Lot: Front Yard, Near Public Transit, Rectangular Lot
Lot Size: 0.12 Acres
School Info
Assigned Schools Information:
Foshay Learning Center, Public District Grades KG-12
Crenshaw Sci, Tech, Engr, Math and Med Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Barack Obama Global Preparation Academy, Public District Grades 6-8
View Park Preparatory Accelerated Charter Middle School, Public Charter Grades 6-8
Studio, Public District Grades 6-8
Martin Luther King Jr. Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Near South Western Ave and Martin Luther King Jr. Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $819,000
Tax Information:
Annual Amount: $6,755
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $167.4K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #CV23182348
Listing Office:
Office Name: KELLER WILLIAMS COVINA
Office Phone: (626) 388-5518
Listing Agent: Fernando Reza
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 12:15:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 29, 2020
Apr 29, 2020Home Sold
$550,000
Sep 19, 2019
Sep 19, 2019Home Sold
$485,000
Feb 23, 1994
Feb 23, 1994Home Sold
$170,000
Mar 27, 1991
Mar 27, 1991Home Sold
$165,000
Oct 05, 1989
Oct 05, 1989Home Sold
$133,000
Sep 21, 1988
Sep 21, 1988Home Sold
$98,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,755
$555,698
2020
$3,683
$485,000
2019
$3,511
$287,751
2018
$3,438
$282,110
2017
$3,438
$276,579
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,155
Per Month
Principal & Interest
$4,088
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,522
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Martin Luther King Jr. Elementary School
3989 S Hobart Blvd
Distance between this listing and this school0.12 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school5.33 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.68 miles
Public Magnet Grades KG-5
Middle School
2
/10
Barack Obama Global Preparation Academy
1700 W 46th St
Distance between this listing and this school0.82 miles
Public District Grades 6-8
3
/10
View Park Preparatory Accelerated Charter Middle School
5010 11th Ave
Distance between this listing and this school1.52 miles
Public Charter Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.59 miles
Public District Grades 6-8
High School
5
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.47 miles
Public District Grades KG-12
2
/10
Crenshaw Sci, Tech, Engr, Math and Med Magnet
5010 11th Ave
Distance between this listing and this school1.52 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.86 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Martin Luther King Jr. Elementary School
3989 S Hobart Blvd
Distance between this listing and this school0.12 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school5.33 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.68 miles
Public Magnet Grades KG-5
Assigned Schools
2
/10
Barack Obama Global Preparation Academy
1700 W 46th St
Distance between this listing and this school0.82 miles
Public District Grades 6-8
3
/10
View Park Preparatory Accelerated Charter Middle School
5010 11th Ave
Distance between this listing and this school1.52 miles
Public Charter Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.59 miles
Public District Grades 6-8
Assigned Schools
5
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.47 miles
Public District Grades KG-12
2
/10
Crenshaw Sci, Tech, Engr, Math and Med Magnet
5010 11th Ave
Distance between this listing and this school1.52 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.86 miles
The neighbors living near this home have an average income of $37,568. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
This home is located at 1627 Leighton Ave in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home, which was built in 1914, sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 06, 2023 and is currently priced at $819,000.
In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.
From Rocket Homes Real Estate and based on county public records data.