$990,000

Estimated payment $5,767/month

Total Views 3,157
10 Beds
6 Baths
3,678 Sq Ft
$269 Price per Sq Ft

About This Home

Now with 3 vacant units! Back on market with 2nd price reduction. 6-unit apartment building located within the USC Patrol Zone. The property is located 2.5 blocks west of the USC Campus and currently has three vacant 1 bedroom bungalow-style units. With an ideal unit mix of four 1 bedroom 1 bath, one 3 bedroom 1 bath, and one 3 bedroom 2 bath units, the asset presents an opportunity for an investor to convert the tenancy to student housing. 2.5 blocks away from this property, the $1 Billion dollar Lucas Museum's structure is taking shape. The 5-story museum includes 300,000 SF of exhibition space, which will house the 100,000-piece collection of George Lucas' paintings, sculpture, photographs and other forms of art related to film. Next to the Lucas Museum stands the L.A. Coliseum, site of the 2028 Olympic Games.

Listing Agent

Darin Spillman

Kidder Mathews of California, Inc. License #01366902 Listed on: 04/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 1904

Interior Spaces

  • 3,678 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • 6,603 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5040-011-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,156

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3678
  • Lot Acreage: 0.1516
  • Probate: No
  • Stories: 2
  • Year Built: 1904
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 269.17

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 56.52
  • Assessed Improvement Value: 149282
  • Assessed Land Percent: 43.48
  • Assessed Land Value: 114826
  • Total Assessed Value: 264108
  • Assessor Parcel Number: 5040-011-005
  • Lot Size Area: 6603

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.00
  • Number Of Units: 6
  • Total Annual Expense: 32035
  • Type Of Units: apt
  • Vacancy Rate: 50

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 $4,156 $274,776 $119,464 $155,312
2024 $4,156 $269,389 $117,122 $152,267
2023 $4,096 $264,108 $114,826 $149,282
2022 $3,943 $258,930 $112,575 $146,355
2021 $3,877 $253,854 $110,368 $143,486
2019 $3,783 $246,327 $107,096 $139,231
2018 $3,713 $241,498 $104,997 $136,501
2016 $3,491 $232,122 $100,921 $131,201
2015 $3,450 $228,637 $99,406 $129,231
2014 $3,503 $224,159 $97,459 $126,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $990,000 0.0% $269 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $990,000 -- $269 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Commercial
Source: Public Records

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Source: The MLS

MLS Number: 25502983

The MLS

APN: 5040-011-005