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248 Branch Street

Los Angeles (City), CA 90042
  • $1,495,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: 25607413
UPDATED: 58 min ago
$1,495,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,766
    SQFT
  • $540
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
County:

School Ratings & Info

School District:
Listing Agent(s): Mischa Ben Nicolas of IET Real Estate (310-874-1278)


Description

Located in Highland Park on a 6,402 sq ft LARD2 lot, this 2-on-a-lot duplex setup is an incredible owner occupied or investment opportunity. Currently generating +$9,600/mo income. Compare this income to other duplexes in the area.... Rehabbed in late 2019, 248 Branch consists of one front unit with 3br/2ba, and a back unit with 4br/3ba. 248 1/2 back house has a private back patio with a planting area and front unit has a private front yard. Adjacent duplex 252 Branch APN# 5493001014 also available for sale (MLS# 25-607413) Front House CofO-1958, Back House CofO-1982 (front house under LA RSO back house appears to be non RSO -- buyer to verify) Interior pix are from 2019 remodel. Both units currently occupied Just North of the popular places on York Blvd such as Dulce de Leche, The York or Joy restaurant and a short 5-minute drive to the Arroyo Seco park and golf course.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T18:32:17.363. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169898212
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248 Branch Street Los Angeles (City), CA 90042

  • Price: $1,495,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 58 min ago
  • ID#: 25607413
7
Beds
0
Baths
0
½ Baths
0.15
Acres
2,766
SQFT
$540
$/SQFT
1906
Built
Neighborhood:
632 - Highland Park
County:
Los Angeles
Area:
632 - Highland Park
School District:
Los Angeles Unified
Property Description
Located in Highland Park on a 6,402 sq ft LARD2 lot, this 2-on-a-lot duplex setup is an incredible owner occupied or investment opportunity. Currently generating +$9,600/mo income. Compare this income to other duplexes in the area.... Rehabbed in late 2019, 248 Branch consists of one front unit with 3br/2ba, and a back unit with 4br/3ba. 248 1/2 back house has a private back patio with a planting area and front unit has a private front yard. Adjacent duplex 252 Branch APN# 5493001014 also available for sale (MLS# 25-607413) Front House CofO-1958, Back House CofO-1982 (front house under LA RSO back house appears to be non RSO -- buyer to verify) Interior pix are from 2019 remodel. Both units currently occupied Just North of the popular places on York Blvd such as Dulce de Leche, The York or Joy restaurant and a short 5-minute drive to the Arroyo Seco park and golf course.
Exterior Features

Architectural Style Craftsman Direction Faces East Entry Level 1 Open Parking Spaces 5 Parking Features Uncovered Parking Total 5 Property Attached YN No View None View YN No

Interior Features

Common Walls No Common Walls Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN Yes Association YN No Buyer Financing Conventional Cap Rate 5.81 Gross Income 115308 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 86932 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 1 Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T18:32:17.363. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Mischa Ben Nicolas of IET Real Estate (310-874-1278)