ActiveResidential · sale

3071 Oregon

Los Angeles, CA 90023

$750,000

  • 5 beds
  • 3 baths
  • 2,000 sq ft
  • 0.15 acres
  • Built 1952

Listed by Beach Cities Properties, Inc. · MLS #PW26192789

A REAL PERSON, READY TO HELP

Interested in this property?

Connect with a local ERA professional for answers, a private showing, or help thinking through an offer.

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

3071 Oregon, Los Angeles, CA 90023 · MLS #PW26192789

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1952.

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.

This lot is zoned LAR2, so 1-2 residential units may be permitted.  Located just down the street from Euclid Elementary with an above average "Great Schools" rating, it's close enough to the freeway for an easy commute, without being negatively impacted by traffic or noise pollution. There is room for off-street parking on the concrete driveway, and a decorative split-block wall with iron gates creates privacy for the home, which sits on the oversized 6,551 square-foot lot. There are four separate porches/patios and sitting areas to enjoy the fresh air and Southern California sunshine. There is also an additional front entry via the den (or 4th bedroom) which would work well for guests, or as a small business office. Once inside the front door you are welcomed with a greatroom that combines living and dining space under recessed lighting and wall to wall tile floors. This space overlooks both the front and back yards with large viewing windows to the outer sitting areas. You have to stand in the kitchen to fully appreciate the 200 square feet of space and a the impressive display of storage & counter space that rivals an estate property. The floor plan offers 1 bedroom and 1 bathroom on one side of the greatroom and the additional 2 bedrooms, den or bedroom and bathroom on the other. The primary bedroom has a mini split AC unit and there are many ceiling fans throughout the home for additional cooling. The garage has been repurposed as livable square footage, offering multiple rooms for your growing or extended family. To replace the garage storage there is a good sized building that houses the laundry equipment and provides storage for your tools, toys and other equipment in the backyard Come see the most versatile floor plan and best price home in the area. Very close to the LA Arts District, Downtown & Little Tokyo, and a short drive (or use the abundant public transportation) to nearby USC, Silver Lake, South Pasadena, Alhambra, Eagle Rock, Highland Park and Downey.  We think you will love it as much as the sellers did. Tax rolls show property as 1,551 square feet. Garage space included in the approx 2000 square feet listed. The seller will prvide the city 9A report in escrow, to show recorded permits where available. Buyers to research and satisfy as to the properties actual size and configuration.

THE NEIGHBORHOOD

Explore the location.

3071 Oregon, Los Angeles, CA 90023

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1952
Full baths
0
Garage spaces
0
Cooling
Ductless,WallWindowUnits
Heating
WallFurnace
Appliances
GasRange
Flooring
Tile
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
Block,StuccoWall,WroughtIron
Accessibility
None
Pool
No
Pool features
None
Spa
No
Zoning
LAR2
Parcel
5186020013
High school
Roosevelt
HOA fee
$0.00

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$3,125.00
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
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 & interestLoan 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.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services

More in Los Angeles.

Listing information

MLS #PW26192789 · California Regional MLS

Listing brokerage: Beach Cities Properties, Inc.
Listing agent: Jack Tanner

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.