$1,780,000
$95K PRICE DROP

Estimated payment $11,336/month

Total Views 1,999
6 Beds
5 Baths
3,522 Sq Ft
$505 Price per Sq Ft

About This Home

REDUCED PRICE! BRAND NEW PLUMBING ON ALL 3 UNITS **Triplex – all units will be delivered VACANT** Live one and rent the others or rent all, CAP RATE 5.74%. This well-maintained property offers a fantastic opportunity in a prime location near parks, schools, shopping centers, restaurants, museums, and just minutes from Beverly Hills with easy access to major freeways. Unit 1 (lower level) features 2 bedrooms, 1 + 1/2 bathroom, and a bonus area that can be converted into a third bedroom. Unit 2 (upper level) offers 3 bedrooms and 1+1/2 bathroom. Unit 3 is a detached 1-bedroom, 1-bathroom home with its own private backyard. All units showcase original Old Hollywood charm from the 1950s–60s, laundry hook ups, complemented by recent updates including new interior and exterior paint, flooring, garage doors, elective electrical, rain gutters, new bathroom tile, and new plumbing. The property also includes a detached 3-car garage with potential to convert to an ADU, a long driveway, and a spacious yard perfect for entertaining. Don’t miss this incredible investment or owner-user opportunity! SELLER WILL LOOK AT ALL OFFERS.

Listing Agent

Diana Hernandez

The Oppenheim Group Brokerage Phone: 562-331-2225 License #01814655 Listed on: 06/03/2025

The Oppenheim Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,221

Year Built

  • Built in 1940

Lot Details

  • 7,920 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,522 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 183
  • Tax Tract Number 4588
  • Assessor Parcel Number 5085034026
  • $581 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $21,170
  • Operating Expense $24,770
  • Gross Income $104,830
  • Net Operating Income $104,830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,221

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • CapRate: 5.41
  • Price Per Unit: 593333
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5085034026
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Price Per Square Foot: 505.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 7920.00
  • Lot Size Acres: 0.1818

Multi Family

  • Gross Income: 104830.00
  • Gross Scheduled Income: 129600.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7920.0000 Square Feet
  • Net Operating Income: 104830.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 24770.00
  • Rent Control: No
  • Total Expenses: 24770.00

Tax Info

  • New Taxes Expense: 21170.00
  • Tax Census Tract: 2171.02
  • Tax Lot: 183
  • Tax Tract Number: 4588
  • TaxOtherAnnualAssessmentAmount: 581.00

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 $22,221 $1,840,132 $1,461,282 $378,850
2024 $22,221 $1,804,052 $1,432,630 $371,422
2023 $21,795 $1,768,680 $1,404,540 $364,140
2022 $20,789 $1,734,000 $1,377,000 $357,000
2021 $8,609 $685,837 $440,550 $245,287
2020 $3,403 $238,215 $135,020 $103,195
2019 $3,205 $233,545 $132,373 $101,172
2018 $3,071 $228,967 $129,778 $99,189
2016 $2,903 $220,079 $124,740 $95,339
2015 $2,864 $216,774 $122,867 $93,907
2014 $2,894 $212,529 $120,461 $92,068
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $1,780,000 -2.4% $505 / Sq Ft
08/18/2025 08/18/25 Price Changed $1,824,000 0.0% $518 / Sq Ft
08/07/2025 08/07/25 Price Changed $1,824,900 -1.9% $518 / Sq Ft
07/11/2025 07/11/25 Price Changed $1,859,900 -0.8% $528 / Sq Ft
06/20/2025 06/20/25 Price Changed $1,874,800 0.0% $532 / Sq Ft
06/03/2025 06/03/25 For Sale $1,874,900 0.0% $532 / Sq Ft
08/20/2019 08/20/19 Rented $3,100 0.0% --
08/16/2019 08/16/19 Under Contract -- -- --
07/05/2019 07/05/19 For Rent $3,100 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,700,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $413,500 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,133,333 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25123775

California Regional Multiple Listing Service (CRMLS)

APN: 5085-034-026