$899,999
$90K PRICE DROP

1438 E 20th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated payment $5,744/month

Total Views 2,957
7 Beds
4 Baths
3,114 Sq Ft
$289 Price per Sq Ft

About This Home

Opportunity like this doesn’t come around often. This 3-unit property in Los Angeles offers a rare combination of immediate usability and long-term upside. The property features a front 4 bedroom, 2 bath unit that is currently tenant occupied, providing stable income, along with two rear units that are vacant and move-in ready. The rear units include a 2 bedroom, 1 bath and a 1 bedroom, 1 bath, both updated with modern finishes including upgraded kitchens, remodeled bathrooms, new flooring, and fresh interior paint. For an owner-user, this is a chance to live in one unit while generating income from the others. For an investor, the vacant units allow for immediate rental placement at current market rates, creating strong income potential from day one. Situated on a 6,483 sq ft LARD2 lot, the property also offers future development potential (buyer to verify), adding another layer of long term value. The layout provides separate entrances and functional spacing between units, enhancing privacy and usability. Centrally located near schools, shopping, major freeways, and public transportation, this is a versatile asset in a high-demand rental market. Whether you're looking to house hack, expand your portfolio, or position yourself for future growth, this property checks multiple boxes.

Listing Agent

Jose Perez

Real Broker Brokerage Phone: 323-239-8012 License #01914917 Listed on: 04/09/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 6,479 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,114 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 21 / 2
  • Assessor Parcel Number 5119031012

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Water Sewer Expense $1,800
  • New Taxes Expense $12,375
  • Operating Expense $17,175
  • Gross Income $80,400
  • Net Operating Income $63,225

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

6,479 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5119031012
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 289.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 6479.00
  • Lot Size Acres: 0.1487

Rental Info

  • Tenant Pays: Gas, Water, Electricity

Multi Family

  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6479.0000 Square Feet
  • Net Operating Income: 63225.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 17175.00
  • Other Income Description: Income includes pro forma
  • Rent Control: Yes
  • Total Actual Rent: 2500.00
  • Total Expenses: 17175.00

Tax Info

  • New Taxes Expense: 12375.00
  • Tax Block: 2
  • Tax Census Tract: 2270.10
  • Tax Lot: 21

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $10,370 $763,000 $500,000 $263,000
2024 $7,827 $607,954 $496,404 $111,550
2023 $7,682 $596,034 $486,671 $109,363
2022 $7,337 $584,348 $477,129 $107,219
2021 $7,235 $572,891 $467,774 $105,117
2020 $7,302 $567,018 $462,978 $104,040
2019 $7,026 $555,900 $453,900 $102,000
2018 $6,889 $545,000 $445,000 $100,000
2017 $4,665 $360,305 $192,163 $168,142
2016 $4,530 $353,242 $188,396 $164,846
2015 $4,468 $347,937 $185,567 $162,370
2014 $4,501 $341,122 $181,932 $159,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2026 05/20/26 Price Changed $899,999 -9.1% $289 / Sq Ft
04/09/2026 04/09/26 For Sale $990,000 -- $318 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- First American Title Insurance
Grant Deed -- First American Title Insurance
Grant Deed -- First American Title Insurance
Grant Deed -- First American Title Insurance
Grant Deed -- First American Title Insurance
Grant Deed $75,000 First American Title Insurance
Interfamily Deed Transfer -- None Available
Deed -- --
Warranty Deed -- None Available
Grant Deed $300,000 Gateway
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Previous Owner $232,500 Fannie Mae Freddie Mac
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26077045

California Regional Multiple Listing Service (CRMLS)

APN: 5119-031-012

California Los Angeles County Los Angeles 90011 Central Alameda

1438 E 20th St, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Real Broker
(323) 513-0268
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