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$1,699,000

Beds
4
Baths
4.0
sq ft
2,071

1097 S Plymouth Blvd, Los Angeles, CA 90019

1097 S Plymouth Blvd

Los Angeles, CA 90019

  • 15 days on market
Stunning 1923 Spanish Home with Incredible Income Potential in Lower Hancock Park's Historic Oxford Square! This beautifully renovated corner-lot property sits on a spacious 6,000 sqft lot and offers nearly three homes in one, making it an exceptional investment opportunity. It features a 1,500 sqft 3-bed, 3-bath main house, a 495 sqft detached, permitted ADU, and a separate bonus studio-style suite within the main house, currently generating $9,400/month in short-term rental income. The permitted ADU is a fully self-sufficient rental unit with its own private entrance, patio, parking, and address, creating an excellent income stream. The rear bonus suite inside the main house also includes a kitchenette, bathroom, and private entrance, making it ideal as guest quarters or a third rental opportunity. The home underwent a complete remodel in 2017, including a new roof, plumbing, and electrical wiring, with a permitted addition in 2020. Recent upgrades also include an impressive stucco fence with modern wood inserts. The front yard offers endless landscaping possibilities, while the charming and custom Mexican tilework enhances the home's character. Inside, you'll find an open-concept floorplan with a must-see contemporary kitchen, featuring expansive counter space, an oversized island, stainless steel appliances, and updated lighting. Hardwood floors, recessed lighting, and a large dedicated laundry room complete the thoughtful layout. The bathrooms showcase stunning design elements, adding even more charm to this unique home. This property is a fantastic opportunity for an investment-minded buyer looking to live in the main house while renting out the additional units or enjoying the flexibility of a large single-family home in a peaceful, tree-lined historic neighborhood.

Details

Property type

Single Family Residence

Est. home value

$1,687,357

Lot size

6,003 sq ft

Price per sq ft

$821

Year built

1923

HOA

No

Price History

03/13/2025
CLAW

CLAW #25510544

Listed
$1,699,000
+3.35%
02/18/2022
CLAW

CLAW #22115385

Sold
$1,644,000
+131.55%
08/01/2016
CLAW

CLAW #16104640

Sold
$710,000

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$333,630
Asking price
$1,699,000
Closing costs (~8% of asking)
-$135,920
Est. remaining loan balance
-$1,229,450
Cash to seller
$333,630

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$1,315,200

Est. remaining balance

$1,229,450

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Jesse John Rodriguez and Leona Colegrove Martinez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/29/2025 at 12:15 AM

Listing updated: 03/21/2025 at 5:41 AM

Listed by: Teresa Parker, Berkshire Hathaway HomeServices California Properties Phone #: (310) 207-7080

MLS: CLAW #25510544

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