ActiveResidential · sale

542 N Detroit Street

Los Angeles, CA 90036

$2,150,000

  • 4 beds
  • 3 baths
  • 1,904 sq ft
  • 0.15 acres
  • Built 1928

Listed by Keller Williams Realty Los Feliz · MLS #26851965

542 N Detroit Street, Los Angeles, CA 90036 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1928.

Property size

0.15 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

The one youve been waiting for Welcome to Casa de Coral a beautifully restored Spanish Revival estate in the heart of Beverly Grove This private hedged and gated oasis features three unique structures a charming 3bedroom 2bath main home a detached ADU casita with its own entrance and address 542 12 and a versatile studiorecreation space with custom carriage doors kitchenette and private patio Named for the 25 year old Coral Tree in the front parkway that blooms beautiful coralcolored flowers that feed the migrating hummingbirds each year winter through spring Lovingly restored and extensively upgraded since 2020 improvements include a new roof 2022 central HVAC 2022 copper plumbing upgraded electrical sewer line replacement restored stained glass updated Art Deco tile and a fully renovated studio with dance floor mirrors soundproofing and custom barn doors ideal for hosting gatherings without disrupting the privacy of the main house The primary home showcases timeless Spanish character with vaulted ceilings arched doorways leaded glass ironwork and original oak hardwood floors French doors create seamless indooroutdoor living while the private bedroom suite is ideal for guests or multigenerational living Outside lush landscaping Saltillo tile courtyards custom Spanish tile accents a commissioned mural by worldrenowned local artist Michael Rubino landscape lighting and a 20000 endless poolspa create a serene retreat The detached casita offers excellent flexibility for guests extended family a home office or rental income 2car parking on site with a motorized driveway gate Located in one of the best walkable neighborhoods in LA Near the Grove Farmers Market Bludsos Restaurant Pizzeria Osteria Mozza Pan Pacific Park List goes on and on We look forward to your visit and welcoming you home Shown by private appointment only with appointment
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THE NEIGHBORHOOD

Explore the location.

542 N Detroit Street, Los Angeles, CA 90036

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1928
Full baths
3
Half baths
0
Cooling
CentralAir
Heating
Central
Flooring
Stone,Wood
Pool
No
Pool features
None
Spa
Yes
Zoning
LAR1
Parcel
5525021021

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$8,958.33
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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542 N Detroit Street, Los Angeles, CA 90036 · MLS #26851965

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Listing information

MLS #26851965 · California Regional MLS

Listing brokerage: Keller Williams Realty Los Feliz
Listing agent: Jerry Hsieh

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.