$1,295,000

Estimated payment $7,013/month

Total Views 5,303
-- Bed
-- Bath
1,582 Sq Ft
$819 Price per Sq Ft

Highlights

  • Heated Floors
  • Central Air
  • 1-minute walk to Queen Anne Recreation Center
  • Queen Anne Place Elementary Rated 9+
  • 1-Story Property

About This Home

New roof has been installed! This is a perfect investment opportunity!! Situated in Hancock Park- Mid City. It features 3 Units that can produce a substantial amount of rental income due to its location. All Three units are each 1 bedroom, one bathroom, with 3 Car Garages. All units are in good condition, painted all well-maintained. Centrally located, minutes away from The Beverly Center. Near restaurants, shopping centers, supermarkets, freeways, schools, museums, theaters, and most importantly it is less than a 10-20 min drive to DTLA and to the beaches. 2 additional ADUs may be built on the property, per Dept of Public & Safety.

Listing Agent

Alan Cruz

Klovus License #01518829 Listed on: 02/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1922

Parking

  • 3 Car Garage

Interior Spaces

  • 1,582 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Additional Features

  • 4,840 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 5083013020

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $44,268
  • Net Operating Income $38,031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,345

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1922
  • Building Stories: 1
  • Deposit Amount Required: 38850.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.1111
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1582.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking: 3.00
  • Number Of Garages: 3
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Floor/Wall Heater

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Zoning Description: LAR2
  • Lot Size Sq Ft: 4840.00
  • Parcel #: 5083013020

Multi Family

  • Total Annual Expense: 6237.00
  • Vacancy Factor: 4.40
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 44268.00
  • Property Net Operating Income: 38031.00

MLS Schools

  • Elementary School: Other-Outlying

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $2,345 $169,019 $118,325 $50,694
2024 $2,345 $165,705 $116,005 $49,700
2023 $2,310 $162,457 $113,731 $48,726
2022 $2,217 $159,272 $111,501 $47,771
2021 $2,180 $1,236,680 $927,510 $309,170
2020 $2,198 $154,550 $108,195 $46,355
2019 $2,123 $151,521 $106,074 $45,447
2018 $2,028 $148,551 $103,995 $44,556
2016 $1,930 $142,784 $99,957 $42,827
2015 $1,905 $140,640 $98,456 $42,184
2014 $1,933 $137,886 $96,528 $41,358
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 For Sale $1,295,000 0.0% $819 / Sq Ft
02/18/2025 02/18/25 For Sale $1,295,000 -- $819 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

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

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202502005

Bakersfield Association of REALTORS® / GEMLS

APN: 5083-013-020