$880,000
SOLD MAY 28, 2025
9 Beds
4 Baths
4,117 Sq Ft
8,579 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

9% Below List Price

552 Days on Market

About This Home

As of May 2025

PLANS RTI. !!!!!!!!DownTown LA AreaWelcome to this fantastic investment opportunity in the sought-after 90006 zip code This well-maintained residential income property boasts four spacious units, making it an ideal choice for both seasoned investors and those looking to start their real estate portfolio. Existing Floorplan1st Floor: 1 unit (1/1)2nd Floor: 2 units (2/1, 3/1)3rd Floor: 1 unit (3/1)Living space 4,117Lot size 8,579Zoning R4Currently, 1 tenant occupies a partial area of the 1st floor, there are plans/permits almost approved for a conversion of the 1st floor into 4 units utilizing the same footprint, for a total  of 6-units.

Last Agent to Sell the Property

Pablo Aspiazu

Homequest Real Estate Brokerage Phone: 562-413-0367 License #01446520 Listed on: 09/29/2023

Homequest Real Estate

Last Buyer's Agent

Christine Ji

RE/MAX Alliance Group License #02020579

RE/MAX Alliance Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,160

Year Built

  • Built in 1905

Lot Details

  • 8,579 Sq Ft Lot
  • No Common Walls

Home Design

  • Quadruplex

Interior Spaces

  • 4,117 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 10 / 2
  • Tax Tract Number 2098
  • Assessor Parcel Number 5136017013

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1,133
  • Gardener Expense $1,280
  • Insurance Expense $2,195
  • Maintenance Expense $3,632
  • Professional Management Expense $2,872
  • Trash Expense $284
  • Water Sewer Expense $1,150
  • Operating Expense $11,266
  • Gross Income $40,253
  • Net Operating Income $23,563

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,160

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Price Per Unit: 234750
  • Professional Management Expense: 2872.00
  • Property Attached: No
  • Water Sewer Expenses: 1150.00
  • Zoning: LAR4
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1280.00
  • Parcel Number: 5136017013
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 213.75

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 284.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8579.00
  • Lot Size Acres: 0.1969

Multi Family

  • Electric Expense: 1133.00
  • Gross Income: 40253.00
  • Gross Scheduled Income: 40253.00
  • Insurance Expense: 2195.00
  • Lot Size Area: 8579.0000 Square Feet
  • Maintenance Expense: 3632.00
  • Net Operating Income: 23563.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 16689.00
  • Rent Control: Yes
  • Total Actual Rent: 41032.80
  • Total Expenses: 11266.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 2098.10
  • Tax Lot: 10
  • Tax Tract Number: 2098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Jul 7, 2025
Sold by
Cj Hope Llc
Bought by
Cj Hope Llc and Ji
Seller's Agent
Pablo Aspiazu
Homequest Real Estate
Buyer's Agent
Christine Ji
RE/MAX Alliance Group
List Price
$968,000
Sold Price
$880,000
Premium/Discount to List
-$88,000
-9.09%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Listed on
Sep 29, 2023
Closed on
Apr 23, 2025
Sold by
Focus Investments Properties Llc
Bought by
Cj Hope Llc
Seller's Agent
Pablo Aspiazu
Homequest Real Estate
Buyer's Agent
Christine Ji
RE/MAX Alliance Group
List Price
$968,000
Sold Price
$880,000
Premium/Discount to List
-$88,000
-9.09%
Views
138

Purchase Details

Closed on
Jun 11, 2018
Sold by
Moreno Juan Camilo
Bought by
Focus Investments Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2018
Sold by
Focus Investments Properties Llc
Bought by
Moreno Juan Camilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jun 26, 2015
Sold by
U S Bank National Association
Bought by
Focus Investments Properties Llc
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
List Price
$810,400
Sold Price
$627,500
Premium/Discount to List
-$182,900
-22.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Montano Jose A
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 24, 2007
Sold by
Montano Maria
Bought by
Montano Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Montano Maria
Bought by
Montano Maria and Montano Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1998
Sold by
Cyprus Kip C
Bought by
Montano Maria and Mandujano Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,523
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 1998
Sold by
Wilshire Funding Corp
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.95%

Purchase Details

Closed on
Aug 5, 1998
Sold by
Cyprus Amy L
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.95%

Purchase Details

Closed on
May 27, 1998
Sold by
Nunez Teresa
Bought by
Wilshire Funding Corp

Purchase Details

Closed on
Jul 20, 1997
Sold by
Rodriguez Adolfo
Bought by
Nunez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,007
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 1997
Sold by
Mejia Antonio M
Bought by
Mejia Antonio M and Mejia Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,007
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 1997
Sold by
Mejia Antonio M
Bought by
Rodriguez Adolfo and South Central Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,007
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 1997
Sold by
Mejia Antonio M
Bought by
Mejia Antonio M and Mejia Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.98%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $880,000 Priority Title Company
Grant Deed -- Accommodation
Grant Deed -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Grant Deed $659,000 Title365
Trustee Deed $492,328 None Available
Interfamily Deed Transfer -- Southland Title Company
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $320,000 Southland Title
Grant Deed $115,000 Benefit Land Title
Interfamily Deed Transfer -- Benefit Land Title
Trustee Deed $123,500 Benefit Land Title Ins Co
Grant Deed $285,000 Commonwealth Title
Gift Deed -- Commonwealth Land Title Co
Grant Deed $135,000 Commonwealth Land Title Co
Gift Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $860,000 Construction
Previous Owner $682,500 Adjustable Rate Mortgage/ARM
Previous Owner $605,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $450,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $305,523 FHA
Previous Owner $150,500 No Value Available
Previous Owner $273,007 FHA
Previous Owner $43,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $880,000 -6.3% $214 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $939,000 -3.0% $228 / Sq Ft
01/21/2025 01/21/25 For Sale $968,000 0.0% $235 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $968,000 +10.0% $235 / Sq Ft
10/01/2024 10/01/24 Off Market $880,000 -- --
04/28/2024 04/28/24 Price Changed $968,000 -3.0% $235 / Sq Ft
02/13/2024 02/13/24 Price Changed $998,000 -6.6% $242 / Sq Ft
01/30/2024 01/30/24 Price Changed $1,068,000 -10.9% $259 / Sq Ft
12/02/2023 12/02/23 Price Changed $1,198,000 -5.5% $291 / Sq Ft
09/30/2023 09/30/23 Price Changed $1,268,000 0.0% $308 / Sq Ft
09/30/2023 09/30/23 For Sale $1,268,000 +44.1% $308 / Sq Ft
09/29/2023 09/29/23 Off Market $880,000 -- --
07/16/2015 07/16/15 Sold $627,500 -22.6% $152 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $810,400 +65.4% $197 / Sq Ft
01/30/2014 01/30/14 Sold $490,000 +4.3% $119 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $470,000 -- $114 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $11,160 $887,839 $580,056 $307,783
2024 $11,160 $870,432 $568,683 $301,749
2023 $10,956 $853,366 $557,533 $295,833
2022 $10,468 $836,634 $546,601 $290,033
2021 $10,323 $820,231 $535,884 $284,347
2019 $10,025 $795,905 $519,991 $275,914
2018 $9,838 $780,300 $509,796 $270,504
2017 $13,140 $1,060,800 $714,000 $346,800
2016 $12,817 $1,040,000 $700,000 $340,000
2015 $8,142 $647,609 $427,449 $220,160
2014 -- $634,924 $419,076 $215,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23175818

California Regional Multiple Listing Service (CRMLS)

APN: 5136-017-013