$1,100,000
$80K PRICE DROP

Estimated payment $6,588/month

Total Views 2,878
4 Beds
4 Baths
2,889 Sq Ft
$381 Price per Sq Ft

About This Home

Reduce the $80,000. Please submit any reasonable offer. Seller Retiring – Excellent Investment Opportunity in Prime Mid Los Angeles.
Well-maintained and clean 4-unit multifamily property located in the highly desirable Mid Los Angeles area. All units are tenant-occupied with long-term tenants and stable rental income. Sold in AS-IS condition.
Each unit features separate utility meters. Each unit has 1-car garage space with garage door in the back.
Drive-by only – do not disturb tenants. Interior inspection only with an offer.
Great opportunity for investors or owner-users looking to own in a high-demand rental market..

Listing Agent

Jeannie Lee

Jeannie Lee Realty Inc. Brokerage Phone: 562.754.9471 License #01190188 Listed on: 05/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,692

Year Built

  • Built in 1926

Lot Details

  • 6,243 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Open Parking Space
  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,889 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4465
  • Assessor Parcel Number 5072007004
  • $538 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $3,900
  • Insurance Expense $3,500
  • Operating Expense $7,400
  • Net Operating Income $53,704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,692

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 275000
  • Property Attached: Yes
  • Zoning: LARD2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5072007004
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 380.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6243.00
  • Lot Size Acres: 0.1433

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 3900.00
  • Gross Scheduled Income: 61104.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 6243.0000 Square Feet
  • Net Operating Income: 53704.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7400.00
  • Rent Control: Yes
  • Total Actual Rent: 61104.00
  • Total Expenses: 7400.00

Tax Info

  • Tax Census Tract: 2181.10
  • Tax Lot: 17
  • Tax Tract Number: 4465
  • TaxOtherAnnualAssessmentAmount: 538.00

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 $7,692 $615,701 $400,208 $215,493
2024 $7,692 $603,629 $392,361 $211,268
2023 $7,552 $591,794 $384,668 $207,126
2022 $7,216 $580,191 $377,126 $203,065
2021 $7,113 $568,816 $369,732 $199,084
2019 $6,907 $551,946 $358,766 $193,180
2018 $6,781 $541,125 $351,732 $189,393
2016 $6,465 $520,115 $338,075 $182,040
2015 $6,373 $512,303 $332,997 $179,306
2014 $6,417 $502,269 $326,475 $175,794
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $1,100,000 -5.2% $381 / Sq Ft
07/25/2025 07/25/25 Price Changed $1,160,000 -1.7% $402 / Sq Ft
05/11/2025 05/11/25 For Sale $1,180,000 +136.0% $408 / Sq Ft
09/19/2012 09/19/12 Sold $500,000 +0.2% $173 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $499,000 -- $173 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $500,000 Provident Title Company
Grant Deed -- None Available
Grant Deed $385,000 Lsi Title Agency
Trustee Deed $665,893 Servicelink
Grant Deed $635,000 Chicago Title
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Grant Deed -- --
Gift Deed -- Fidelity National Title Co
Gift Deed -- --
Grant Deed $145,000 Stewart Title
Individual Deed $187,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $375,000 New Conventional
Previous Owner $608,000 Negative Amortization
Previous Owner $508,000 Negative Amortization
Previous Owner $370,000 New Conventional
Previous Owner $264,000 Purchase Money Mortgage
Previous Owner $157,825 No Value Available
Previous Owner $185,758 FHA
Closed $63,500 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25104719

California Regional Multiple Listing Service (CRMLS)

APN: 5072-007-004