1342 E 70th St Los Angeles, CA 90001
Estimated payment $11,306/month
Total Views
510
3
Beds
2
Baths
4,092
Sq Ft
$464
Price per Sq Ft
About This Home
Exceptional 4-Unit Income Property | Fully Metered | Low MaintenanceDon’t miss this rare opportunity to own a high-performing, low-maintenance 4-unit income property. Each of the four identical units offers a spacious 3-bedroom, 2-bathroom layout—ideal for attracting long-term tenants and maximizing rental income. All units are individually metered for gas, water, and electricity, ensuring that tenants cover their own utility expenses, reducing your overhead and simplifying management.The property features a dedicated carport with two parking spaces per unit, providing convenient and secure parking for all residents. With its clean design, minimal upkeep, and strong rental appeal, this property is a smart addition to any investment portfolio. Whether you’re a seasoned investor or just getting started, this is a turnkey asset that checks all the boxes.
Last Listed By
Berkshire Hathaway Hm Ser Brokerage Phone: 562-883-1003 License #01378393 Listed on: 06/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,287
Year Built
- Built in 2007
Lot Details
- 6,719 Sq Ft Lot
- No Common Walls
- Level Lot
Interior Spaces
- 4,092 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Carport
- Parking Available
Listing and Financial Details
- Tax Lot 645
- Tax Tract Number 5450
- Assessor Parcel Number 6010024012
- $2,104 per year additional tax assessments
Community Details
Overview
- Senior Community
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $1,400
- Operating Expense $2,000
- Gross Income $98,400
- Net Operating Income $96,000
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 |
|---|---|---|---|---|
| 2024 | $8,287 | $491,325 | $171,961 | $319,364 |
| 2023 | $7,826 | $481,692 | $168,590 | $313,102 |
| 2022 | $7,513 | $472,248 | $165,285 | $306,963 |
| 2021 | $7,416 | $462,990 | $162,045 | $300,945 |
| 2020 | $7,460 | $458,244 | $160,384 | $297,860 |
| 2019 | $7,216 | $449,260 | $157,240 | $292,020 |
| 2018 | $7,041 | $440,452 | $154,157 | $286,295 |
| 2016 | $6,734 | $423,351 | $148,172 | $275,179 |
| 2015 | $6,641 | $416,993 | $145,947 | $271,046 |
| 2014 | $6,651 | $408,826 | $143,089 | $265,737 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2012 03/02/12 | Sold | $399,000 | 0.0% | $98 / Sq Ft |
| 09/20/2011 09/20/11 | Pending | -- | -- | -- |
| 09/13/2011 09/13/11 | For Sale | $399,000 | -- | $98 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Amrock Llc | |
| Interfamily Deed Transfer | -- | Amrock Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $399,000 | Fidelity Van Nuys | |
| Interfamily Deed Transfer | -- | Ort | |
| Grant Deed | $278,000 | Ort |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | New Conventional | |
| Closed | $315,000 | New Conventional | |
| Previous Owner | $574,000 | Unknown | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $222,400 | New Conventional | |
| Previous Owner | $54,891 | Unknown |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25129272
APN: 6010-024-012
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