$2,300,000

Estimated payment $14,808/month

8 Beds
6 Baths
3,911 Sq Ft
$588 Price per Sq Ft

About This Home

This 6-unit apartment building is located in the heart of Pico-Union, just south of Koreatown in Los Angeles. Built in 1962, the two-story wood-frame stucco structure includes (4) 1+1's and (2) 2+2's units. Each unit is separately metered for gas and electricity. The property features on-site laundry, and six parking spaces (five carports and one uncovered). Property has a new roof, On site laundry room and 1 unit will be sold vacant which makes it a strong value-add investment opportunity in an emerging neighborhood with significant rental upside.

Listing Agent

Tony Dini

Real Estate Source, Inc. License #01448220 Listed on: 08/29/2025

Real Estate Source, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Interior Spaces

  • 3,911 Sq Ft Home
  • 2-Story Property
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • 1 Carport Space
  • Uncovered Parking

Additional Features

  • 5,914 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 6 Units
  • Laundry Facilities
  • Vacancy Allowance $2,300

Listing and Financial Details

  • Assessor Parcel Number 5078-031-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 3911
  • Lot Acreage: 0.1358
  • Property Condition: No Additions/Alter
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Common Walls: Attached
  • Laundry: Laundry Area, Community
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 588.08

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 5
  • Parking Garage: Carport, Uncovered
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Natural Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.28
  • Assessed Improvement Value: 375482
  • Assessed Land Percent: 69.72
  • Assessed Land Value: 864748
  • Total Assessed Value: 1240230
  • Assessor Parcel Number: 5078-031-002
  • Lot Size Area: 5914

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.00
  • Number Of Units: 6
  • Total Annual Expense: 30000
  • Type Of Units: Multifamily
  • Vacancy Allow: 2300
  • Vacancy Rate: 1

Tax Info

  • Mello Roos: Unknown

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $2,300,000 0.0% $588 / Sq Ft
07/30/2025 07/30/25 Off Market $2,300,000 -- --
07/29/2025 07/29/25 For Sale $2,300,000 +111.0% $588 / Sq Ft
08/23/2016 08/23/16 Sold $1,090,000 -9.2% $279 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $1,200,000 -- $307 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25568983

The MLS