$2,095,000
$200K PRICE DROP

Estimated payment $13,057/month

Total Views 4,032
8 Beds
8 Baths
3,692 Sq Ft
$567 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Laundry Room
  • 4-minute walk to Ohio And Bundy Triangle Park
  • Wood Flooring
  • Remodeled Bathroom

About This Home

Prime West LA 6-Unit Investment Property nearing a 6% Cap Rate! Located in the heart of West Los Angeles, this well-maintained 6-unit property is a prime investment opportunity in one of the city's most sought-after rental markets. Boasting a strong cap rate of over 5%, this fully occupied property generates excellent income with great rents in place. The property features one spacious 3 bed, 3 bath unit, five well-kept 1 bed, 1 bath units, a charming courtyard setting offering a classic West Coast vibe, and two interconnected buildings enhancing privacy and curb appeal. It is situated in an ultra-walkable neighborhood where tenants enjoy easy access to trendy restaurants, bars, and shops, making this an incredibly desirable rental location. With solid income and long-term growth potential, this West LA gem is a must-see for savvy investors! Don't miss out on this rare opportunity!

Listing Agent

Tyler Kunkle

Pardee Properties License #01965642 Listed on: 03/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,704

Year Built

  • Built in 1953

Lot Details

  • 6,993 Sq Ft Lot

Parking

  • 5 Car Garage
  • Shared Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,692 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Freezer

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Remodeled Bathroom
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4263-029-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,704

Year Built

Built in 1953

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3692
  • Lot Acreage: 0.1605
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Tile
  • Bedrooms: 8
  • Common Walls: Attached
  • Bathroom Features: Remodeled
  • Kitchen Features: Remodeled
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 8.00
  • Equipment: Refrigerator, Range/Oven, Microwave, Freezer
  • Price Per S Q F T: 567.44

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 5
  • Garage Structures: 5
  • Parking Garage: Driveway, On street, Shared Driveway, Garage Is Attached
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 34.62
  • Assessed Improvement Value: 540818
  • Assessed Land Percent: 65.38
  • Assessed Land Value: 1021549
  • Total Assessed Value: 1562367
  • Assessor Parcel Number: 4263-029-032
  • Lot Size Area: 6993

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 12.16
  • Number Of Units: 6
  • Total Annual Expense: 49310
  • Type Of Units: attached
  • Vacancy Rate: 0

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 $19,704 $1,593,613 $1,041,979 $551,634
2024 $19,704 $1,562,367 $1,021,549 $540,818
2023 $19,336 $1,531,733 $1,001,519 $530,214
2022 $18,464 $1,501,700 $981,882 $519,818
2021 $18,232 $1,472,256 $962,630 $509,626
2019 $17,702 $1,428,690 $934,079 $494,611
2018 $17,532 $1,400,679 $915,764 $484,915
2016 $16,724 $1,346,194 $880,204 $465,990
2015 $16,485 $1,325,974 $866,983 $458,991
2014 $16,569 $187,963 $126,187 $61,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $2,095,000 -8.7% $567 / Sq Ft
03/31/2025 03/31/25 For Sale $2,295,000 -- $622 / Sq Ft
Source: The MLS

Purchase History

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

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Source: The MLS

MLS Number: 25510237

The MLS

APN: 4263-029-032