$2,700,000

Estimated payment $14,794/month

Total Views 3,242
20 Beds
10 Baths
12,486 Sq Ft
$216 Price per Sq Ft

Highlights

  • 0.35 Acre Lot
  • No HOA
  • Laundry Room
  • Corner Lot
  • Balcony
  • 5-minute walk to Everett Park

About This Home

12 unit apartment in upcoming Angelino Heights neighborhood. 1202, 1206 and 1210 W. Sunset Blvd; 3 quadruplexes on 3 APNs (APN #5405-023-001, 5405-023-002, 5405-023-003). First time on the market in 48 years! Rare chance to secure a footprint on Sunset Blvd! This 12-unit apartment building sits on three parcels with LAC2 zoning—offering prime opportunity in one of Los Angeles’ premier growth corridors between Downtown LA and Silverlake. Just minutes from Elysian Park, Dodger Stadium, Echo Park, DTLA, and Crypto.com Arena. Each of the three buildings includes 4 units (2 upstairs, 2 downstairs), with spacious 2 bed/1 bath floorplans (approx. 1,040 SF), open living/dining layouts, private balconies and porches, wall heaters, washer/dryer hookups, and separately metered gas and electric. On-site parking is available, and select units have been updated with modern flooring, windows, and kitchens. All units are fully occupied, offering immediate income and strong upside potential. Investors have the opportunity to enhance value through renovations or explore future development possibilities—buyer to verify zoning and development options. With luxury developments rising nearby and demand surging along the Sunset Blvd corridor, this property offers major upside potential—whether you're holding long term, renovating for increased rents, or exploring future development.

Listing Agent

Elizabeth Kho

Joy Realty Group Inc. Brokerage Phone: 626-286-5222 License #00970729 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,332

Year Built

  • Built in 1915

Lot Details

  • 0.35 Acre Lot
  • 1 Common Wall
  • East Facing Home
  • Corner Lot
  • 5405023002, 5405023003

Home Design

  • Quadruplex

Interior Spaces

  • 12,486 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 2 / 28
  • Tax Tract Number 1976
  • Assessor Parcel Number 5405023001
  • $670 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 12 Units

Building Details

  • 12 Leased Units
  • Rent Control
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $5,284
  • Maintenance Expense $43,187
  • Other Expense $37,438
  • Operating Expense $85,183
  • Gross Income $179,456
  • Net Operating Income $94,273

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,332

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 225000
  • Property Attached: Yes
  • Subdivision Name Other: Angelino Heights
  • Zoning: LAC2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5405023001
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Entry Location: Ground Level with steps and upstairs
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 216.24

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Shared Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5405023002, 5405023003
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 15053.00
  • Lot Size Acres: 0.3456

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 179456.00
  • Gross Operating Income: 179456.00
  • Gross Scheduled Income: 179456.00
  • Insurance Expense: 5284.00
  • Lot Size Area: 15053.0000 Square Feet
  • Maintenance Expense: 43187.00
  • Net Operating Income: 94273.41
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 85182.60
  • Other Expense: 37438.00
  • Rent Control: Yes
  • Total Actual Rent: 15454.00
  • Total Expenses: 85183.00

Tax Info

  • Tax Block: 28
  • Tax Census Tract: 1976.00
  • Tax Lot: 2
  • Tax Tract Number: 1976
  • TaxOtherAnnualAssessmentAmount: 670.00

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 $1,332 $56,278 $51,952 $4,326
2024 $1,332 $55,176 $50,934 $4,242
2023 $1,319 $54,095 $49,936 $4,159
2022 $1,279 $53,035 $48,957 $4,078
2021 $1,241 $51,997 $47,998 $3,999
2019 $1,216 $50,456 $46,575 $3,881
2018 $1,130 $49,467 $45,662 $3,805
2016 $962 $47,548 $43,890 $3,658
2015 $953 $46,835 $43,231 $3,604
2014 $984 $45,919 $42,385 $3,534
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $2,700,000 0.0% $216 / Sq Ft
07/18/2025 07/18/25 Off Market $2,700,000 -- --
04/17/2025 04/17/25 For Sale $2,700,000 -- $216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

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

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF25082075

California Regional Multiple Listing Service (CRMLS)

APN: 5405-023-001