$609,000
$40K PRICE DROP

Estimated payment $3,837/month

Total Views 12,554
3 Beds
3 Baths
1,471 Sq Ft
$414 Price per Sq Ft

About This Home

Great investment opportunity in the heart of Los Angeles! This well-located 3-unit property offers versatility for both owner-users and investors. The front unit features 3 spacious bedrooms and 1 bathroom, while the other two units are studios, each with its own bath, ideal for extended family or rental income. Per assessor records, the property is classified as a duplex, with a total building area of approximately 1,471 square feet on a 6,405 square foot lot. The lot offers ample outdoor space, and there is a driveway for parking. Centrally situated with quick access to the 105 and 110 freeways, the property is located near Magic Johnson Park, the Earvin "Magic" Johnson Recreation Area, local schools, and community services. SoFi Stadium, the Kia Forum, and the newly completed Intuit Dome are also nearby, contributing to the area's growing appeal and strong rental demand. Whether you're looking to supplement your mortgage with rental income or expand your real estate portfolio, this property presents a compelling opportunity in an up-and-coming neighborhood.

Listing Agent

Mark Cianciulli

The CREM Group License #01990266 Listed on: 04/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,691

Year Built

  • Built in 1942

Lot Details

  • 6,405 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,471 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6147-005-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,691

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1471
  • Lot Acreage: 0.1452
  • Probate: Yes
  • Stories: 2
  • Year Built: 1942
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 414.00

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Water Heater: Gas
  • Electric Expense: 300.00
  • Heating: Wall
  • Water: Public
  • Water Expense: 175.00

Fee Information

  • Gas Expense: 35.00

Lot Info

  • Assessed Improvement Percent: 39.47
  • Assessed Improvement Value: 153335
  • Assessed Land Percent: 60.53
  • Assessed Land Value: 235198
  • Total Assessed Value: 388533
  • Assessor Parcel Number: 6147-005-017
  • Lot Size Area: 6405

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.80
  • Number Of Units: 3
  • Total Annual Expense: 6822.02
  • Type Of Units: Residential
  • Vacancy Rate: 1

Tax Info

  • Tax Expense: 6312.00

Map

Range of Values:

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Average Value
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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 $5,691 $423,229 $279,158 $144,071
2024 $5,691 $388,533 $235,198 $153,335
2023 $5,454 $380,916 $230,587 $150,329
2022 $5,088 $373,448 $226,066 $147,382
2021 $5,183 $366,127 $221,634 $144,493
2020 $5,081 $362,374 $219,362 $143,012
2019 $5,040 $355,269 $215,061 $140,208
2018 $4,925 $348,304 $210,845 $137,459
2016 $1,276 $39,304 $15,096 $24,208
2015 $1,244 $38,715 $14,870 $23,845
2014 $1,247 $37,957 $14,579 $23,378
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $609,000 -6.2% $414 / Sq Ft
04/12/2025 04/12/25 For Sale $649,000 -- $441 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25524759

The MLS

APN: 6147-005-017