2740 Fairmount St, Los Angeles, CA, 90033
About This Home
Great opportunity in Los Angeles! This property features two units on one lot, including a newer built second unit located at the rear of the property, offering excellent flexibility for homeowners and investors alike. Live in one unit and rent out the other to help offset your mortgage, making this an ideal setup for owner-occupants looking to generate additional income. The layout provides separation between the front home and the back unit, creating added privacy and usability. Conveniently located with easy access to major freeways, making commuting to surrounding areas simple and efficient. Close to shopping, dining, and everyday amenities. A great opportunity for multi-generational living, rental income, or investment potential in a central Los Angeles location. ? Property Highlights: • Two units on one lot • Newer constructed rear unit • Ideal for owner-occupant with rental income potential • Convenient access to freeways and nearby amenities
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1913
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Drywall,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Gas Oven,Refrigerator,Water Heater
- Laundry features: In Garage
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Open Floorplan,Pantry
- Flooring: Laminate,Tile
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Wall/Window Unit(s)
Interior Area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Details
- Parcel number: 5177018021
- Zoning: 20
- Special condition: Standard
Features
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: None
Lot
- Lot size: 5,839 sqft
- Features: Level,Rectangular Lot
Parking
- Total spaces: 8
- Parking features: Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,568 | $78,816 |
| Home Insurance * | $237 | $2,844 |
| Property Taxes | $1,366 | $16,392 |
| Electricity | $600 | $7,205 |
| Total | $8,771 | $105,252 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-28 | Listed for sale | $1,299,000 |
| 2026-01-11 | Listing removed | $2,800 |
| 2026-01-01 | Listed for rent | $2,800 |
| 2024-11-23 | Listing removed | $2,800 |
| 2024-11-17 | Listed for rent | $2,800 |
| 2024-04-21 | Listing removed | -- |
| 2024-03-17 | Listed for rent | $3,400 |
| 2023-12-30 | Listing removed | -- |
| 2023-11-11 | Listed for rent | $3,500 |
| 2003-07-24 | Sold | $188,000 |
| 1997-11-21 | Sold | $70,000 |
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