$1,970,000

Estimated payment $12,358/month

Total Views 116
9 Beds
7 Baths
3,476 Sq Ft
$567 Price per Sq Ft

About This Home

Historic 2-unit building in Harvard Heights’ HPOZ, featuring a 4-bedroom, 4-bath unit on the first floor and a 5-bedroom, 3-bath unit on the second floor, each individually metered for gas and electricity. This property is fully leased. Fully fenced with gated parking, the property is ideally located near Downtown LA, Koreatown, USC, and major freeways (10, 101, 110), blending timeless architectural charm with modern convenience. Surrounded by vibrant nightlife, dining, and entertainment in Koreatown and Mid-Wilshire, this rare investment offers the perfect combination of location, culture, and opportunity.

Listing Agent

youngil kim

New Star Realty & Investment Brokerage Phone: 9095258487 License #02088346 Listed on: 08/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,492

Year Built

  • Built in 1906

Lot Details

  • 6,428 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 3,476 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 221
  • Assessor Parcel Number 5074005019
  • $529 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $116,400
  • Net Operating Income $96,908

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,492

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Price Per Unit: 985000
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5074005019
  • Year Built: 1906
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front and back
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 566.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6428.00
  • Lot Size Acres: 0.1476

Multi Family

  • Gross Income: 116400.00
  • Gross Operating Income: 116400.00
  • Gross Scheduled Income: 116400.00
  • Lot Size Area: 6428.0000 Square Feet
  • Net Operating Income: 96908.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1.25
  • Operating Expense Percent: 100.00
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2212.10
  • Tax Lot: 9
  • Tax Tract Number: 221...
  • TaxOtherAnnualAssessmentAmount: 529.00

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 $19,492 $1,612,620 $967,572 $645,048
2024 $19,492 $1,581,000 $948,600 $632,400
2023 $19,119 $1,550,000 $930,000 $620,000
2022 $16,575 $1,377,000 $816,000 $561,000
2021 $9,611 $775,552 $612,278 $163,274
2020 $9,754 $767,600 $606,000 $161,600
2019 $9,506 $767,600 $606,000 $161,600
2018 $9,318 $750,000 $600,000 $150,000
2017 $9,534 $770,000 $460,000 $310,000
2016 $7,897 $637,782 $401,031 $236,751
2015 $7,783 $628,203 $395,008 $233,195
2014 $7,578 $596,123 $401,642 $194,481
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $1,970,000 +27.1% $567 / Sq Ft
10/27/2022 10/27/22 Sold $1,550,000 +2.6% $446 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/01/2022 10/01/22 Price Changed $1,510,000 -5.0% $434 / Sq Ft
09/23/2022 09/23/22 For Sale $1,590,000 -- $457 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Chicago Title Company
Grant Deed $1,550,000 Cbt
Grant Deed -- None Available
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $1,350,000 Ticor Title Company Of Ca
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $760,000 Provident Title Company
Interfamily Deed Transfer -- Lawyers Title Insurance Co
Interfamily Deed Transfer -- Lawyers Title Insurance Co
Grant Deed $626,500 Premium Title Of Ca Inc
Grant Deed $750,000 Lawyers Title Insurance Co
Trustee Deed $730,800 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $680,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,500 New Conventional
Closed $350,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $770,000 Commercial
Previous Owner $60,000 Unknown
Previous Owner $870,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $645,000 Construction
Previous Owner $544,000 Negative Amortization
Closed $68,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25176296

California Regional Multiple Listing Service (CRMLS)

APN: 5074-005-019