$1,299,000
$27K PRICE DROP

Estimated payment $7,635/month

Total Views 2,831
8 Beds
4 Baths
3,216 Sq Ft
$404 Price per Sq Ft

Highlights

  • Gated Parking
  • Shutters
  • Tile Countertops
  • No HOA
  • Whole House Fan
  • Accessible Parking

About This Home

Great FOURPLEX in Los Angeles!! Four units of 2-Bedrooms + 1-Bathroom each. 3 Units are occupied and ONE Unit is VACANT and Move-In Ready!! The building is well maintained and it is secured and gated. Three units are Remodeled! There are 4 secured gated parking spaces on site. Improvements include Brand New SEWER LINE and Electrical Subpanels. The property is located close to schools, park and churches. It is also a walking distance to Supermarket, banks and medical clinics. The building passed the LAHD inspection last year. Great for Investors and owner occupancy as one may qualify for both NACA and FHA Loans!! Ideally located just minutes from USC, Downtown Los Angeles, major freeways, and shopping centers. The property generated good income and is in a very good condition. Buyer to verify any and all information pertaining to the property.

Listing Agent

Shirley Pezeshki

Gold Star Realty License #01356780 Listed on: 04/30/2025

Gold Star Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,568

Year Built

  • Built in 1940

Lot Details

  • 4,558 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Security Fence
  • Fence is in good condition
  • Rectangular Lot
  • Level Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Stucco

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Shutters
  • Vinyl Flooring
  • Tile Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Gated Parking

Utilities

  • Whole House Fan
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Rain Gutters
  • Urban Location

Listing and Financial Details

  • Tax Lot 5002
  • Tax Tract Number 150
  • Assessor Parcel Number 5002017004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $3,097
  • Other Expense $4,800
  • Pest Control $200
  • Water Sewer Expense $5,400
  • Operating Expense $14,457
  • Gross Income $113,016
  • Net Operating Income $98,559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,568

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 324750
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 5400.00
  • Zoning: RD 1.5
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5002017004
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Tile Counters, Unfurnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 403.92
  • Window Features: Shutters

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Good Condition, Security
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 4558.00
  • Lot Size Acres: 0.1046

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 113016.00
  • Gross Scheduled Income: 113016.00
  • Insurance Expense: 3097.00
  • Lot Size Area: 4558.0000 Square Feet
  • Net Operating Income: 98559.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14457.00
  • Other Expense: 4800.00
  • Other Expense Description: REPAIRS
  • Rent Control: Yes
  • Total Actual Rent: 113016.00
  • Total Expenses: 14457.00

Tax Info

  • Tax Lot: 5002
  • Tax Tract Number: 150
  • Tax Annual Amount: 8568.00

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 $14,639 $1,204,263 $720,477 $483,786
2024 $14,639 $1,180,650 $706,350 $474,300
2023 $8,568 $674,475 $459,000 $215,475
2022 $7,202 $577,116 $350,392 $226,724
2021 $7,098 $565,801 $343,522 $222,279
2020 $4,918 $372,779 $158,909 $213,870
2019 $4,737 $365,471 $155,794 $209,677
2018 $4,653 $358,306 $152,740 $205,566
2016 $4,425 $344,395 $146,810 $197,585
2015 $4,364 $339,223 $144,605 $194,618
2014 $4,405 $332,579 $141,773 $190,806
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $1,299,000 -2.0% $404 / Sq Ft
04/30/2025 04/30/25 For Sale $1,326,000 +14.6% $412 / Sq Ft
06/06/2023 06/06/23 Sold $1,157,500 -3.1% $360 / Sq Ft
03/02/2023 03/02/23 For Sale $1,195,000 +80.7% $372 / Sq Ft
05/10/2022 05/10/22 Sold $661,250 -22.2% $206 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $850,000 0.0% $264 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
02/13/2022 02/13/22 Price Changed $850,000 -12.8% $264 / Sq Ft
02/12/2022 02/12/22 For Sale $975,000 -- $303 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $1,157,500 Lawyers Title Company
Grant Deed $560,000 Lawyers Title Insurance Co
Interfamily Deed Transfer -- Lawyers Title Insurance Co
Interfamily Deed Transfer -- Stewart Title
Grant Deed $281,500 Stewart Title
Grant Deed $306,236 First American Title Co
Trustee Deed $306,236 First American Title Ins Co
Grant Deed $285,000 First Southwestern Title Co
Gift Deed -- First Southwestern Title Co
Interfamily Deed Transfer -- American Title
Corporate Deed $145,000 American Title
Trustee Deed $143,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $838,500 New Conventional
Previous Owner $0 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $211,125 No Value Available
Previous Owner $283,106 FHA
Previous Owner $130,500 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25091919

California Regional Multiple Listing Service (CRMLS)

APN: 5002-017-004