1238 W 90th Place Los Angeles, CA 90044
Westmont NeighborhoodEstimated payment $8,191/month
Total Views
2,948
6
Beds
3
Baths
2,314
Sq Ft
$573
Price per Sq Ft
Highlights
- Solar Power System
- Laundry Room
- Level Lot
- Green Roof
About This Home
Please refer to the attached Offering Memorandum.
This extensively renovated triplex presents a rare opportunity to acquire a turnkey multifamily asset in a desirable and supply-constrained submarket.
The front house, approximately 936 square feet, is currently operating as a short-term rental and could easily transition to a furnished mid-term or long-term rental. The two rear units are approximately 678 square feet.
Additional highlights include secure access, covered parking.
This asset is well-suited for both seasoned investors and owner-users seeking income with flexibility.
Please refer to the attached Offering Memorandum for financials and further information.
Listing Agent
CK Capital Commercial Real Estate Brokerage Phone: 310-363-2255 License #01332934 Listed on: 04/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,478
Year Built
- Built in 1923
Lot Details
- 6,078 Sq Ft Lot
- 1 Common Wall
- Level Lot
Home Design
- Triplex
Interior Spaces
- 2,314 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- 5 Parking Spaces
- 5 Carport Spaces
- Parking Available
Eco-Friendly Details
- Green Roof
- Solar Power System
Listing and Financial Details
- Tax Lot 513
- Assessor Parcel Number 6047016010
- $1,501 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Operating Expense $23,566
- Gross Income $116,400
- Net Operating Income $92,834
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,478 | $749,088 | $520,200 | $228,888 |
| 2024 | $10,478 | $734,400 | $510,000 | $224,400 |
| 2023 | $10,054 | $720,000 | $500,000 | $220,000 |
| 2022 | $3,496 | $174,478 | $65,658 | $108,820 |
| 2021 | $3,463 | $171,058 | $64,371 | $106,687 |
| 2020 | $3,477 | $169,305 | $63,711 | $105,594 |
| 2019 | $3,384 | $165,986 | $62,462 | $103,524 |
| 2018 | $3,273 | $162,733 | $61,238 | $101,495 |
| 2016 | $3,108 | $156,415 | $58,861 | $97,554 |
| 2015 | $3,068 | $154,066 | $57,977 | $96,089 |
| 2014 | $3,081 | $151,049 | $56,842 | $94,207 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | For Sale | $1,325,000 | 0.0% | $573 / Sq Ft |
| 10/28/2024 10/28/24 | Off Market | $3,100 | -- | -- |
| 10/11/2024 10/11/24 | Price Changed | $3,100 | -18.4% | $3 / Sq Ft |
| 09/26/2024 09/26/24 | For Rent | $3,800 | 0.0% | -- |
| 12/05/2022 12/05/22 | Sold | $720,000 | -5.3% | $311 / Sq Ft |
| 07/13/2022 07/13/22 | Price Changed | $760,000 | -3.8% | $328 / Sq Ft |
| 05/31/2022 05/31/22 | For Sale | $790,000 | -- | $341 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $720,000 | Provident Title | |
| Grant Deed | -- | Provident Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $811,800 | New Conventional | |
| Previous Owner | $351,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $232,000 | Unknown | |
| Closed | $811,800 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25083155
APN: 6047-016-010
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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