$830,000
SOLD MAY 19, 2025
5 Beds
3 Baths
1,977 Sq Ft
9,233 Sq Ft Lot

Recently Sold

$420 Per Sq Ft

8% Below List Price

280 Days on Market

Highlights

  • Fireplace in Bathroom
  • Central Heating
  • Fenced
  • 1-Story Property
  • North Facing Home
  • Auto Driveway Gate

About This Home

As of May 2025

Great Owner/Investment Property Multi Units - Great potential - 2 separate structures on a large oversized lot, wood construction/stucco, located in the Olivito Heights area of Los Angeles, footsteps from South Bay areas, each unit has 3 bedrooms/2 Bathrooms with washer-dryer connections for laundry. The front property has been nicely refreshed with new flooring and fresh paint throughout. Outstanding opportunity for new owners or investors; to own/invest property near the expansive development areas and complexes; Extensive Shopping and retail, home stadium for the Rams and Chargers, new Clipper Stadium, Sofi Stadium, The Kia Forum, easy access to the 110/105/405 freeways and just minutes to LAX, beach areas; Hermosa, Manhattan and Redondo. The property has a expanded driveway area (gated) with at least 7 off street parking spaces. Each tenant pays their own utilities with separate meters. The front unit is vacant, and the back unit is on a month to month rental agreement, and can be vacant with a 30 day notice. This is a great property to own, add or begin your investment real estate portfolio. The property is being sold in As-Is condition with no repairs being completed by the seller. Buyer and Agents to verify all information, all accepted offers are required to submit a loan application with a lender of the Seller's choice. Please do not disturb the current residents or walk the property. There will be no showings without a submitted offer and verification of the potential Buyer's financial loan approval status or evidence of full cash to close. Seller is open to Conventional Loans, Cash offers/1031 exchange transactions. All offers will be required to cross qualify with a lender of the Seller's choice.

Last Agent to Sell the Property

Sherron Rouzan

Pacific Playa Realty License #01179647 Listed on: 04/09/2025

Pacific Playa Realty

Last Buyer's Agent

Nora Ochoa

Central Real Estate License #01228076

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1934

Lot Details

  • 9,233 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Back and Front Yard
  • Property is zoned LCR320U*

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,977 Sq Ft Home
  • 1-Story Property
  • Dining Room with Fireplace
  • Disposal
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Parking

  • 7 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, water
  • The owner pays for gardener
  • Assessor Parcel Number 6056-008-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,712

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: Yes
  • Entry Location: Main Level
  • Living Area: 1977
  • Lot Acreage: 0.2120
  • Probate: No
  • Year Built: 1934
  • Builders Tract Name: Olivito Heights
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Number Disposal: 2
  • Fireplace Rooms: Bath, Dining
  • Flooring: Mixed
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 442.59

Exterior Features

  • Direction Faces: North
  • Other Structures: Other
  • Roof: Asphalt
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Driveway Gate
  • Total Parking: 7

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Heating: Central
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Water: Meter on Property
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 72432
  • Assessed Land Percent: 80
  • Assessed Land Value: 289742
  • Total Assessed Value: 362174
  • Assessor Parcel Number: 6056-008-001
  • Lot Description: 2-4 Lots, Back Yard, Front Yard, Fenced
  • Lot Size Area: 9233

Rental Info

  • Owner Pays: Gardener
  • Tenant Pays: Gas, Electricity, Cable TV, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 2
  • Total Annual Expense: 600
  • Type Of Units: Duplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Willie Griffin Trust and Griffin Willie
Bought by
Scott Dina Yolanda

Purchase Details

Closed on
Feb 24, 2014
Sold by
Griffin Willie
Bought by
Griffin Willie and Griffin Inter Vivos Trust

Purchase Details

Closed on
Dec 2, 2013
Sold by
Griffin Beverly M
Bought by
Griffin Willie

Purchase Details

Closed on
Feb 28, 2012
Sold by
Peppers Tyrone and Peppers Sharon A
Bought by
Griffin Willie
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $84,500 Stewart Title Of California
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $830,000 -5.1% $420 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $875,000 -2.7% $443 / Sq Ft
04/09/2025 04/09/25 For Sale $899,000 +8.3% $455 / Sq Ft
04/08/2025 04/08/25 Off Market $830,000 -- --
04/07/2025 04/07/25 Price Changed $899,000 +2.2% $455 / Sq Ft
01/22/2025 01/22/25 Price Changed $880,000 -2.1% $445 / Sq Ft
12/28/2024 12/28/24 For Sale $899,000 +8.3% $455 / Sq Ft
12/27/2024 12/27/24 Off Market $830,000 -- --
08/09/2024 08/09/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $899,000 -- $455 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $5,712 $844,560 $714,000 $130,560
2024 $5,712 $369,416 $295,536 $73,880
2023 $5,456 $362,174 $289,742 $72,432
2022 $5,226 $355,073 $284,061 $71,012
2021 $5,168 $348,112 $278,492 $69,620
2020 $5,202 $344,544 $275,637 $68,907
2019 $5,023 $337,789 $270,233 $67,556
2018 $4,868 $331,167 $264,935 $66,232
2016 $4,664 $318,310 $254,649 $63,661
2015 $4,596 $313,529 $250,824 $62,705
2014 $4,604 $307,388 $245,911 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-419071

The MLS

APN: 6056-008-001