$750,000
PENDING $300K PRICE DROP

Estimated payment $4,920/month

Total Views 7,166
5 Beds
3 Baths
2,122 Sq Ft
$353 Price per Sq Ft

About This Home

Great income-producing property ready for owner occupant or investor that wishes to take advantage of the $6500 per month potential or much more when taking advantage of C2 zoning and location in economic opportunity zone or even an ADU. The front unit is a 2 br 1 bth and the rear unit is officially a 3 br 2 bth but has been sectioned off as a 2 br 1 bth and 1 br 1 bth for additional income.

Listing Agent

Qubie Vazquez

Coldwell Banker Realty Brokerage Phone: 310-704-2778 License #01944844 Listed on: 03/11/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,376

Year Built

  • Built in 1950

Lot Details

  • 7,220 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,122 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 273 / 11
  • Tax Tract Number 2752
  • Assessor Parcel Number 6070003037
  • $859 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $1,800
  • Fuel Expense $480
  • Insurance Expense $1,400
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,062
  • Operating Expense $13,192
  • Gross Income $75,600
  • Net Operating Income $71,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,376

Year Built

Built in 1950

Lot Details

0

Listing Details

  • CapRate: 8.70
  • Price Per Unit: 250000
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6070003037
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 353.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7220.00
  • Lot Size Acres: 0.1657
  • Latitude Manual: 33.93753700

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 480.00
  • Gross Income: 75600.00
  • Gross Multiplier: 12.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 7220.0000 Square Feet
  • Net Operating Income: 71470.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 4130.00
  • Rent Control: Yes
  • Total Expenses: 13192.00

Tax Info

  • New Taxes Expense: 9062.00
  • Tax Block: 11
  • Tax Census Tract: 2420.00
  • Tax Lot: 273
  • Tax Tract Number: 2752
  • TaxOtherAnnualAssessmentAmount: 859.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $10,376 $806,310 $520,200 $286,110
2024 $10,376 $790,500 $510,000 $280,500
2023 $8,805 $660,000 $450,000 $210,000
2022 $4,217 $286,424 $153,864 $132,560
2021 $4,160 $280,809 $150,848 $129,961
2020 $4,191 $277,931 $149,302 $128,629
2019 $4,049 $272,482 $146,375 $126,107
2018 $3,885 $267,140 $143,505 $123,635
2016 $3,703 $256,769 $137,934 $118,835
2015 $3,651 $252,913 $135,863 $117,050
2014 $3,669 $247,960 $133,202 $114,758
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Pending -- -- --
08/24/2025 08/24/25 For Sale $750,000 0.0% $353 / Sq Ft
08/23/2025 08/23/25 Off Market $750,000 -- --
07/28/2025 07/28/25 Price Changed $750,000 -9.1% $353 / Sq Ft
07/18/2025 07/18/25 Price Changed $825,000 -2.9% $389 / Sq Ft
07/05/2025 07/05/25 For Sale $850,000 0.0% $401 / Sq Ft
07/03/2025 07/03/25 Off Market $850,000 -- --
06/04/2025 06/04/25 Price Changed $870,000 -3.3% $410 / Sq Ft
05/01/2025 05/01/25 Price Changed $900,000 -10.0% $424 / Sq Ft
03/31/2025 03/31/25 Price Changed $1,000,000 -4.8% $471 / Sq Ft
03/11/2025 03/11/25 For Sale $1,050,000 +333.9% $495 / Sq Ft
08/08/2012 08/08/12 Sold $242,000 -13.3% $122 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $279,000 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $775,000 Stewart Title
Gift Deed -- --
Gift Deed -- Provident Title
Quit Claim Deed -- Provident Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- First American Title Company
Grant Deed $242,000 Fidelity Van Nuys
Grant Deed $175,000 Lawyers Title Co
Trustee Deed $168,750 Accommodation
Grant Deed -- None Available
Grant Deed $380,000 Fidelity National Title Co
Interfamily Deed Transfer -- Financial Title Company
Quit Claim Deed -- --
Grant Deed $260,000 Southland Title Company
Interfamily Deed Transfer -- --
Grant Deed $80,000 World Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $588,750 New Conventional
Previous Owner $581,250 New Conventional
Previous Owner $487,500 New Conventional
Previous Owner $43,880 FHA
Previous Owner $371,896 FHA
Previous Owner $305,250 FHA
Previous Owner $226,393 FHA
Previous Owner $235,865 FHA
Previous Owner $417,000 Unknown
Previous Owner $304,000 Purchase Money Mortgage
Previous Owner $279,000 New Conventional
Previous Owner $147,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $221,000 Purchase Money Mortgage
Previous Owner $299,000 Unknown
Previous Owner $60,000 Seller Take Back
Closed $10,000 No Value Available
Closed $76,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25050374

California Regional Multiple Listing Service (CRMLS)

APN: 6070-003-037