***Excellent Assumable Debt - $1,925,000 loan, fixed 3.2% interest-only until April 2027***We pleased to present 639 N. Juanita Avenue, a 9-unit value-add apartment building located in East Hollywood (Silver Lake adjacent). The building was constructed in 1990 so it is not subject to LA City Rent Control (only subject to California State Rent Control). The building consists of all two bedroom/two bath units. Select units have been remodeled and feature vinyl wood flooring, recessed lighting, new windows, new sliding glass patio doors, mini split heat/air-condition units, remodeled bathrooms and kitchens with new shaker cabinets, stone countertops and stainless-steel appliances (gas range oven, refrigerator, dishwasher, microwave). The property features gated entry, secured covered parking and a laundry facility and sits on a 7,543 square foot lot that is LAR3 zoned.This is a great opportunity for an investor who is looking for a value-add property with a favorable unit mix located in an excellent rental submarket that is not subject to City of Los Angeles Rent Control. Existing ownership has been successful in achieving top of the market rents for renovated units. New ownership has an opportunity to realize remaining potential rental upside by continuing the current renovation program to unit interiors as existing tenants move out. 639 N. Juanita Avenue is located in trendy East Hollywood, which has become one of the most sought-after rental submarkets in Los Angeles. The property boasts a Walk Score of 91 as it is just two blocks from chic retail, restaurants, bars, cafes and coffee shops along Virgil Avenue in popular Silver Lake. The property is also just a short drive to Koreatown, Hollywood, West Hollywood, Echo Park and Downtown Los Angeles. The property is conveniently located close to the 101 freeway and just 0.5 miles from the Vermont/Beverly Metro D Line Station offering a viable public transportation option for commuters headed to Downtown Los Angeles or North Hollywood.
Property Details
Property Features
Property Information:
Year Built: 1990
Stories: 2
Living Area: 8,340 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Matthew Ziegler
Interior Features
Interior Information:
Appliances: Disposal, Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 18
Exterior Features
Parking Information:
Parking: Covered
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
School Info
Assigned Schools Information:
John Marshall Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Thomas Starr King Middle School Film and Media Mag, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Dayton Heights Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Located on N Juanita Ave (1 block east of Vermont Ave and Melrose Ave) in between Melrose Ave and Clinton Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $3,800,000
Price Per SqFt: $456/SqFt
Tax Information:
Annual Amount: $13,690
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.8M more than the Median Sold Price and $172/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24355985
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Matthew Ziegler
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: 4/29/2024, 6:25:19 AM 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
Jun 13, 2002
Jun 13, 2002Home Sold
$725,000
Aug 25, 1995
Aug 25, 1995Home Sold
$410,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$13,690
$1,056,342
2020
$13,303
$1,045,512
2019
$13,153
$1,025,012
2018
$12,839
$1,004,914
2017
$12,839
$985,211
History based on county public records data.
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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
8
/10
Dayton Heights Elementary School
607 N Westmoreland Ave
Distance between this listing and this school0.16 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.13 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school21.51 miles
Public Magnet Grades 1-5
Middle School
6
/10
Thomas Starr King Middle School Film and Media Mag
4201 Fountain Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.45 miles
Public District Grades 6-8
High School
7
/10
John Marshall Senior High School
3939 Tracy St
Distance between this listing and this school1.89 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 school5.50 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school14.20 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Dayton Heights Elementary School
607 N Westmoreland Ave
Distance between this listing and this school0.16 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.13 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school21.51 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
Thomas Starr King Middle School Film and Media Mag
4201 Fountain Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.45 miles
Public District Grades 6-8
Nearby Schools
4
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.61 miles
Public District Grades 6-8
Assigned Schools
7
/10
John Marshall Senior High School
3939 Tracy St
Distance between this listing and this school1.89 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 school5.50 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school14.20 miles
The neighbors living near this home have an average income of $34,259. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 639 N Juanita Ave
What is the listing price of this property?
The listing price of 639 N Juanita Ave property is $3,800,000.
What type of property is this?
The property 639 N Juanita Ave is a house located in Los Angeles, California, 90004.
Is this property for sale now?
Sale Pending: 639 N Juanita Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 639 N Juanita Ave are: Dayton Heights Elementary School: GreatSchools Rating 8/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Thomas Starr King Middle School Film and Media Mag: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10John Marshall Senior High School: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $13,690 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 13, 2002 for $725,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 639 N Juanita Ave has 18 bedrooms and 18 bathrooms.
What is the square footage of this property?
The property 639 N Juanita Ave is 8,340 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 639 N Juanita Ave is 1990.
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This home is located at 639 N Juanita Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 8,340 square foot home, which was built in 1990, sits on a 0.17 acre lot. Features: 18 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $3,800,000.
Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.
From Rocket Homes Real Estate and based on county public records data.
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. 
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