520 Solano AvenueLos Angeles, CA 90012

Multi-Family · 3,412 Sq. ft. | 0.13 Acres
$979,000 Active

520 Solano Avenue Overview

Time on Site:
2 hours
Visits:
0

This Triplex in Solano Canyon consists of two buildings; building facing Solano Av. has 4 bedrooms 1 3/4 baths with inside laundry room built in 1897. Newer roof. A long driveway on the right side leading into back building built in 1968 and it consists of 3 single garage spaces on the ground level. 3 parking spaces in front of the 3 single car garages. Second level has a 3 bedroom 2 bathrooms unit with a view. Third level contains a 3 bedroom 2 bath unit with a new furnace installed November 2023 and a new water heater installed on December 2023. This unit has a view of the mountains at Elysian Park. Property is sold with tenants in place. Property is near LA Police Academy and Dodgers stadium. Two blocks from Los Angeles State Historic Park. Half of block away from I 110 freeway Solano Av. exit. Across the street and a few houses down from The Solano Community Garden. A few minutes away from Chinatown and Olvera Street and from DTLA. Property borders Elysian Park. Subject to LA City RSO rules (LAHD). All property data deemed reliable but not guaranteed. Buyer and buyer's agent to investigate all information.

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520 Solano Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,412
  • Price/Sq.ft. $287
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Electric Expense: 930.0
  • Gross Income: 44928.0
  • Gross Scheduled Income: 44928.0
  • Insurance Expense: 4173.0
  • Net Operating Income: 25621.0
  • New Taxes Expense: 10614.0
  • Operating Expense: 19307.0
  • Water Sewer Expense: 3270.0

Listing Information

  • Contingency: No owner occupied offers. Property will be sold with tenants in place. Please submit offers subject to inspection. Tenants are month to month. Property falls into RSO, rent control. Please contact www.housing.lacity.org for detailed information. Listing agent and seller is the same person therefore as a Real Estate Professional he represents himself as his own principal. Buyers and their agents to verity all information to satisfy themselves such as square footage of lot and of living spaces, bedroom and bathroom count, violations current and past, permits if any, physical condition of property in question, rent control, RSO, zoning, other government restrictions, taxes, etc. Listing agent nor broker make no warranties on any information here provided.

Building Information

  • New Construction: No
  • Year Built: 1897

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: CHNA - Chinatown
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Biking,Park

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

Tax Information

  • Tax Annual Amount: 10614.0

General Information

  • Disclosures: Rent Control,Seller Disclosure
  • Exclusions: Appliances are owned by tenants
  • Listing Terms: 1031 Exchange
  • Parcel Number: 5414023005
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LARD2

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: Yes

Building Interior

  • Building Area Total: 3412.0
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: See Remarks
  • Appliances: Gas Water Heater
  • Common Walls: No Common Walls
  • Electric: Standard
  • Entry Level: 1
  • Entry Location: Front
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet,Vinyl,Wood
  • Foundation Details: See Remarks
  • Interior Features: Unfurnished
  • Laundry Features: In Garage,Laundry Room
  • Levels: Three Or More
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Spa Features: See Remarks
  • Spa: Yes
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 3.0
  • Parking Features: Assigned
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.134
  • Lot Size Area: 5836.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5836.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Contemporary,Victorian
    • Construction Materials: Drywall,Stucco
    • Property Attached: No
    • Roof: Rolled/Hot Mop,Shingle

    General Information

    • Fencing: Chain Link,Wood
    • Number Of Units Leased: 3
    • Number Of Units Total: 3
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available

    520 Solano Avenue Neighborhood

    Community

    90012 (Los Angeles) Demographics

    35
    Median Age
    11,312
    Population Density (per sq. mile)
    40%
    College Educated
    $49,905
    Estimated Median Income
    915
    Estimated Total Home Owners
    12,643
    Estimated Total Renters
    7% / 93%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    520 Solano Avenue Monthly Cost

    $
    $ %
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    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    520 Solano Avenue Market Data

    Based on the last 30 days in this zip code

    $583,400
    Average List Price
    $570
    Average Price per Square Foot
    10
    Properties Sold
    123
    Average Days on Market
    250
    Properties for Sale
    Calculations provided by Reliance Network

    520 Solano Avenue History

    Date Event Value Agent
    6/29/2026Source: CRMLS Added to Database
    June 29, 2026
    Listing provided courtesy of NORTHSTAR R. E. GROUP, INC.ALONSO CALDERON- MLS# WS26141595MLS ProviderContact Information: 626-446-4000
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