$1,199,000
$100K PRICE DROP

Estimated payment $7,835/month

Total Views 416
11 Beds
7 Baths
4,540 Sq Ft
$264 Price per Sq Ft

Highlights

  • Property is near public transit
  • Living Room
  • Laundry Facilities
  • No HOA
  • Ceiling Fan
  • Wrought Iron Fence

About This Home

JUST LISTED! Exceptional 5-unit multifamily investment opportunity in Los Angeles, offered at $1,299,000. The property consists of two separate buildings featuring a completely renovated detached 2-bedroom, 1-bath single-family residence and a separate 4-unit apartment building. The detached residence is currently vacant and offers a private entrance, front yard, and 3-car parking. The 4-unit building features a 2-bedroom/1-bath unit currently leased at $2,100/month, a newly remodeled 3-bedroom/2-bath unit currently vacant, a newly renovated 1-bedroom/1-bath unit currently vacant, and a 3-bedroom/2-bath unit currently leased at $2,900/month. Three of the five units are currently vacant, providing an investor with immediate lease-up and income-growth potential. The property offers a desirable mix of 1-, 2-, and 3-bedroom units, renovated interiors, and approximately 7 parking spaces. Owner currently pays water and trash, while tenants generally pay their own gas and electricity. One occupied unit participates in the Section 8 program. Offered at $1,299,000, this property presents an excellent opportunity for an investor seeking a value-add multifamily asset with substantial upside through stabilization and lease-up.

Listing Agent

Cynthia Rodriguez

CITY LIGHTS REALTY Brokerage Phone: 562-318-6965 License #01328324 Listed on: 08/18/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1904

Lot Details

  • 9,211 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wrought Iron Fence
  • Rectangular Lot
  • Back and Front Yard

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 4,540 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Laminate Flooring
  • 220 Volts In Laundry

Kitchen

  • Gas Oven
  • Range Hood

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Full Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 136
  • Tax Tract Number 1
  • Assessor Parcel Number 6060016016
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,250
  • Fuel Expense $650
  • Insurance Expense $3,600
  • Trash Expense $1,275
  • Water Sewer Expense $3,569
  • Operating Expense $10,344
  • Gross Income $60,000
  • Net Operating Income $21,332

Property Details

Home Type

Apartment

Year Built

Built in 1904

Lot Details

9,211 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Window Bars, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3569.00
  • Architectural Style: Ranch
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6060016016
  • Year Built: 1904
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 11
  • Entry Level: 1
  • Price Per Square Foot: 264.10
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Range Hood, Gas Oven
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1275.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit, Front Yard, Back Yard
  • Lot Size Sq Ft: 9211.00
  • Lot Size Acres: 0.2115

Multi Family

  • Electric Expense: 1250.00
  • Fuel Expense: 650.00
  • Gross Income: 60000.00
  • Gross Operating Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 9211.0000 Square Feet
  • Net Operating Income: 21332.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 38668.00
  • Rent Control: Yes
  • Total Expenses: 10344.00

Tax Info

  • Tax Lot: 136
  • Tax Tract Number: 1

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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
2026 $15,013 $913,886 $588,343 $325,543
2025 $15,013 $895,967 $576,807 $319,160
2024 $14,181 $878,400 $565,498 $312,902
2023 $13,874 $861,177 $554,410 $306,767
2022 $12,967 $844,292 $543,540 $300,752
2021 $12,827 $827,738 $532,883 $294,855
2020 $12,911 $819,251 $527,419 $291,832
2019 $12,467 $803,188 $517,078 $286,110
2018 $9,710 $665,855 $399,513 $266,342
2016 $7,013 $428,202 $332,777 $95,425
2015 $6,919 $421,771 $327,779 $93,992
2014 $6,940 $413,510 $321,359 $92,151
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
09/01/2026 09/01/26 Price Changed $1,199,000 -7.7% $264 / Sq Ft
08/18/2026 08/18/26 For Sale $1,299,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 -- Accommodation
Grant Deed $640,000 Chicago Title Company
Interfamily Deed Transfer -- Provident Title Company
Interfamily Deed Transfer -- Old Republic Title
Interfamily Deed Transfer -- Old Republic Title
Grant Deed $180,000 --
Interfamily Deed Transfer -- Benefit Land Title Company
Corporate Deed $300,000 Benefit Land Title Company
Gift Deed -- --
Corporate Deed $95,000 North American Title Co
Trustee Deed $67,900 American Title Ins Co
Grant Deed -- --
Source: Public Records

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
Previous Owner $384,000 Commercial
Previous Owner $495,500 Commercial
Previous Owner $512,000 Commercial
Previous Owner $187,800 Commercial
Previous Owner $224,250 Commercial
Previous Owner $62,500 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB26180974

California Regional Multiple Listing Service (CRMLS)
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