1034 Beacon Ave Los Angeles, CA 90015
Pico-Union NeighborhoodEstimated payment $11,060/month
Highlights
- No HOA
- Solar Heating System
- Central Heating and Cooling System
- Laundry Room
About This Home
VALUE-ADD | PARTIALLY VACANT | FULLY UPDATED UNITS, Welcome to 4 units on Beacon Ave, a well-maintained and fully updated multi-unit property located in the heart of Los Angeles. This is a prime opportunity for both investors and owner-users looking for flexibility and strong income potential.
The property features 4 units total, with 3 units delivered vacant and 1 unit currently rented, allowing immediate upside through lease-up at market rents or the option for owner occupancy. All units have been tastefully updated, offering modern finishes that attract quality tenants and reduce immediate capital expenses. The property is positioned for strong cash flow. Ideal for investors looking to maximize rental income, execute a lease-up strategy, or explore long-term hold potential in a high-demand rental area. Centrally located with easy access to Downtown Los Angeles, major freeways, public transportation, and local amenities. Turn-key condition with vacancy upside — a rare opportunity in today’s market.
Listing Agent
Won Suk Kim Real Estate, Inc. Brokerage Phone: 323-202-5885 License #02035537 Listed on: 04/24/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 8,003 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,966 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Solar Heating System
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number 5137016014
- $664 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $23,125
- Operating Expense $34,010
- Gross Income $136,800
- Net Operating Income $102,789
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,883 | $1,326,000 | $1,137,300 | $188,700 |
| 2024 | $15,883 | $1,275,000 | $1,086,300 | $188,700 |
| 2023 | $15,583 | $1,250,000 | $1,065,000 | $185,000 |
| 2022 | $10,319 | $835,000 | $600,000 | $235,000 |
| 2021 | $5,547 | $424,901 | $399,420 | $25,481 |
| 2019 | $5,391 | $412,560 | $387,574 | $24,986 |
| 2018 | $5,315 | $404,477 | $379,975 | $24,502 |
| 2016 | $5,052 | $388,522 | $365,221 | $23,301 |
| 2015 | $4,983 | $382,687 | $359,736 | $22,951 |
| 2014 | $5,027 | $375,192 | $352,690 | $22,502 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/18/2026 05/18/26 | Price Changed | $1,799,000 | -2.8% | $454 / Sq Ft | |
| 04/24/2026 04/24/26 | For Sale | $1,850,000 | 0.0% | $466 / Sq Ft | |
| 11/04/2025 11/04/25 | For Rent | $3,000 | 0.0% | -- | |
| 10/15/2021 10/15/21 | Sold | $835,000 | 0.0% | $211 / Sq Ft | View Prior Sale |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- | |
| 09/21/2021 09/21/21 | Off Market | $835,000 | -- | -- | |
| 09/15/2021 09/15/21 | For Sale | $799,900 | -- | $202 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,250,000 | Stewart Title Of California In |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,125,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26088855
APN: 5137-016-014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 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.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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