$1,860,000
$490K PRICE DROP

Estimated payment $10,426/month

Total Views 22,646
8 Beds
4 Baths
3,097 Sq Ft
$601 Price per Sq Ft

Highlights

  • 0.68 Acre Lot
  • No HOA
  • No Heating
  • California High School Rated A-
  • Chain Link Fence
  • 1-Story Property

About This Home

PRICE REDUCED !! 4-PLEX OPPORTUNITY! Great Property! Gross Income $125,820, NOI $99,744 ! Starting cap rate is appx. 5.30% 4 INDIVIDUAL HOMES on almost 3/4 acre lot! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS. Each home has their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total gross rents are $10,485/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $160,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 2 tenants are Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant units. 3 are long term tenants.

Listing Agent

Cherie Pondoff

Executive Plus Realty Brokerage Phone: 951-333-4663 License #01165416 Listed on: 01/19/2026

Co-Listing Agent

Anthony Hernandez

Executive Plus Realty Brokerage Phone: 951-333-4663 License #02127963

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 29,746 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 3,097 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 1
  • Assessor Parcel Number 8026023005
  • $1,708 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $3,100
  • New Taxes Expense $22,976
  • Operating Expense $26,076
  • Gross Income $125,820
  • Net Operating Income $99,744

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.68 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 5.10
  • Property Attached: No
  • Road Frontage Type: Access Road
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8026023005
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 600.58

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29746.00
  • Lot Size Acres: 0.6829

Rental Info

  • Tenant Pays: Gas, All Utilities, Grounds Care, Electricity

Multi Family

  • Gross Income: 125820.00
  • Gross Scheduled Income: 125820.00
  • Insurance Expense: 3100.00
  • Lot Size Area: 29746.0000 Square Feet
  • Net Operating Income: 99744.00
  • 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
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 26076.00
  • Rent Control: Yes
  • Total Actual Rent: 10485.00
  • Total Expenses: 26076.00

Tax Info

  • New Taxes Expense: 22976.00
  • Tax Lot: 23
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1708.00

Map

Range of Values:

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Value Increase
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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
2025 $3,851 $139,345 $57,414 $81,931
2024 $3,615 $136,614 $56,289 $80,325
2023 $3,209 $133,936 $55,186 $78,750
2022 $3,206 $131,310 $54,104 $77,206
2021 $3,143 $128,737 $53,044 $75,693
2020 $3,120 $127,418 $52,501 $74,917
2019 $3,099 $124,921 $51,472 $73,449
2018 $2,704 $122,472 $50,463 $72,009
2016 $2,562 $117,718 $48,504 $69,214
2015 $2,513 $115,951 $47,776 $68,175
2014 $2,527 $113,681 $46,841 $66,840
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
07/15/2026 07/15/26 Price Changed $1,860,000 -1.3% $601 / Sq Ft
06/26/2026 06/26/26 Price Changed $1,885,000 -3.3% $609 / Sq Ft
03/23/2026 03/23/26 Price Changed $1,950,000 -2.5% $630 / Sq Ft
03/07/2026 03/07/26 Price Changed $1,999,000 -3.7% $645 / Sq Ft
02/17/2026 02/17/26 Price Changed $2,075,000 -3.5% $670 / Sq Ft
02/12/2026 02/12/26 For Sale $2,150,000 0.0% $694 / Sq Ft
02/11/2026 02/11/26 Off Market $2,150,000 -- --
02/03/2026 02/03/26 Price Changed $2,150,000 -6.3% $694 / Sq Ft
01/26/2026 01/26/26 Price Changed $2,295,000 -2.3% $741 / Sq Ft
01/19/2026 01/19/26 For Sale $2,350,000 0.0% $759 / Sq Ft
08/21/2025 08/21/25 Rented $2,600 0.0% --
08/13/2025 08/13/25 Under Contract -- -- --
08/09/2025 08/09/25 Price Changed $2,599 -7.2% $3 / Sq Ft
08/06/2025 08/06/25 For Rent $2,800 0.0% --
07/31/2025 07/31/25 Under Contract -- -- --
07/15/2025 07/15/25 For Rent $2,800 +32.5% --
09/29/2021 09/29/21 Rented $2,113 -4.0% --
08/19/2021 08/19/21 Under Contract -- -- --
08/17/2021 08/17/21 For Rent $2,200 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR26013364

California Regional Multiple Listing Service (CRMLS)

APN: 8026-023-005

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