$1,150,000

Estimated payment $6,607/month

Total Views 187
9 Beds
7 Baths
3,943 Sq Ft
$292 Price per Sq Ft

Highlights

  • City View
  • Balcony
  • Gated Home
  • High Ceiling
  • Awning
  • 1-minute walk to Vista Hermosa Natural Park

About This Home

Prime Development Opportunity | Approved Plans for 4 Units + Jr. ADU | Park front with DTLA Views: Unlock the potential of this exceptional investment opportunity located directly across from a scenic park with captivating Downtown Los Angeles skyline views. This rare offering includes approved plans to develop four units plus a Junior ADU, transforming a single-family home into a high-yield, modern income property. Key Highlights: Development Ready: Comes with architectural plans to convert into a multi-unit property 4 units plus a Jr. ADU offering significant upside in a high-demand rental zone. Park front Urban Oasis: Enjoy unobstructed views of DTLA from a peaceful, green setting across the street from a lush community park the best of both nature and city living. Modern Design: Plans feature open-concept layouts, high-end finishes, and thoughtful configurations designed for today's renters and lifestyle preferences. Unbeatable Location: Nestled in a highly sought-after neighborhood with easy access to downtown hotspots, major freeways, public transit, premier dining, shopping, and cultural landmarks. Investor's Dream: Ideal for developers and investors seeking strong long-term rental income, appreciation potential, and creative flexibility in execution. Whether you're looking to build your portfolio or bring your vision to life in one of LA's fastest-growing areas, this property delivers the location, approval, and vision needed to move forward with confidence. Contact us today to schedule a walkthrough, review the plans, and explore this exciting opportunity before it's gone!

Listing Agent

Cristina Dam

Keller Williams Realty Los Feliz License #02174761 Listed on: 08/21/2025

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,076

Year Built

  • Built in 1910

Lot Details

  • 3,661 Sq Ft Lot
  • Lot Dimensions are 45x70
  • Gated Home
  • Tear Down

Interior Spaces

  • 3,943 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Awning
  • City Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Additional Features

  • Balcony
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5160-014-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,076

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: New Project
  • Levels: Two
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 3943
  • Lot Acreage: 0.0840
  • Lot Dimensions: 45x70
  • Probate: No
  • Property Condition: Tear Down
  • Stories: 2
  • Year Built: 1910
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 291.66
  • Windows: Awning

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: None
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Security: Gated
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 0.09
  • Assessed Improvement Value: 113
  • Assessed Land Percent: 99.91
  • Assessed Land Value: 126513
  • Total Assessed Value: 126626
  • Assessor Parcel Number: 5160-014-023
  • Lot Size Area: 3661

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Apartment
  • Vacancy Rate: Vacant

Map

Range of Values:

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Average Value
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Sold Price
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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 $4,076 $331,500 $331,398 $102
2024 $4,076 $325,000 $324,900 $100
2023 $1,699 $126,626 $126,513 $113
2022 $1,627 $124,144 $124,033 $111
2021 $1,602 $121,710 $121,601 $109
2019 $4,718 $387,354 $271,149 $116,205
2018 $4,690 $379,760 $265,833 $113,927
2016 $1,887 $147,007 $94,410 $52,597
2015 $1,861 $144,799 $92,992 $51,807
2014 $1,877 $141,964 $91,171 $50,793
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $1,150,000 0.0% $292 / Sq Ft
08/21/2025 08/21/25 For Sale $1,150,000 +253.8% $292 / Sq Ft
08/21/2023 08/21/23 Sold $325,000 -18.5% $387 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $399,000 -- $475 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Chicago Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $325,000 Fidelity National Title
Trustee Deed $330,058 Pacific Coast Title Company
Interfamily Deed Transfer -- Accommodation
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $913,750 Construction
Previous Owner $748,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

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Source: The MLS

MLS Number: 25581567

The MLS

APN: 5160-014-023