$1,350,000

Estimated payment $7,636/month

Total Views 1,667
6 Beds
4 Baths
1,931 Sq Ft
$699 Price per Sq Ft

Highlights

  • Laundry Room
  • 1-Story Property
  • Ceiling Fan
  • Shed

About This Home

Exceptional Investment Opportunity: Charming 4-Unit Property Near USC. Welcome to this well-maintained, income -producing property located within walking distance of the prestigious University of Southern California. This incredible investment opportunity offers two occupied units and two vacant units, providing immediate rental income and the potential to customize the remaining space. Great for an Investor or Owner Occupant looking to live in one unit while collecting rent from the other 3 units. A prime location within walking distance of USC, ensuring high demand from students. Close proximity to schools, parks, freeways metro and shopping centers. This an opportunity not to be missed. All Information deemed reliable but not guaranteed, agent does not represent or guarantee the accuracy of square footage, number of bedrooms, and lot size. Buyer to perform due diligence to all aspects of the property and satisfy himself.

Listing Agent

Jose Luis Alvarado

Coast Investment Realty License #01316242 Listed on: 05/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,045

Year Built

  • Built in 1921

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,931 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • Assigned Parking

Utilities

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

Additional Features

  • Shed
  • 6,698 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, gas, gardener, electricity
  • Assessor Parcel Number 5041-029-021

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pets Allowed

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,045

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 1931
  • Lot Acreage: 0.1538
  • Year Built: 1921
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 2
  • Number Refrigerator: 4
  • Bedrooms: 6
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 699.12

Exterior Features

  • Other Structures: Shed(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Assigned

Utilities

  • Cooling: Ceiling Fan, Wall/Window
  • Electric Expense: 3000.00
  • Heating: Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Security: Carbon Monoxide Detector(s)
  • Water Expense: 3000.00

Association/Amenities

  • Pet Rules: Pets Permitted

Condo/Co-op/Association

  • Professional Management: 6000.00

Fee Information

  • Gas Expense: 1800.00
  • Insurance Expense: 4261.00

Lot Info

  • Assessed Improvement Percent: 29.90
  • Assessed Improvement Value: 90861
  • Assessed Land Percent: 70.1
  • Assessed Land Value: 212980
  • Total Assessed Value: 303841
  • Assessor Parcel Number: 5041-029-021
  • Lot Size Area: 6698

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water, Gas, Gardener, Electricity
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 23869
  • Type Of Units: Income
  • Vacancy Rate: 25

Tax Info

  • Tax Expense: 4608.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $4,045 $309,917 $217,239 $92,678
2024 $4,045 $303,841 $212,980 $90,861
2023 $3,976 $297,884 $208,804 $89,080
2022 $3,806 $292,044 $204,710 $87,334
2021 $3,749 $286,319 $200,697 $85,622
2020 $3,783 $283,385 $198,640 $84,745
2019 $3,645 $277,830 $194,746 $83,084
2018 $3,593 $272,383 $190,928 $81,455
2016 $3,427 $261,808 $183,515 $78,293
2015 $3,381 $257,876 $180,759 $77,117
2014 $3,420 $252,826 $177,219 $75,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $1,350,000 0.0% $699 / Sq Ft
03/23/2025 03/23/25 Off Market $2,395 -- --
02/18/2025 02/18/25 For Rent $2,395 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $214,000 Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $210,000 Unknown
Closed $203,000 No Value Available
Source: Public Records

Similar Homes in Los Angeles, CA

  • 2546 S Bronson Ave, Los Angeles, CA 90018

    $1,299,000

    • 5 Beds
    • 4 Baths
    • 3,207 Sq Ft
    • 2546 S Bronson Ave
    • Los Angeles, CA

    Classic 1928 triplex in Mid Los Angeles / Jefferson Park near West Adams, Expo/Crenshaw Line, USC, DTLA, Culver City, and the 10 freeway. Zoned LARD2 on a 6,916 sq ft lot, this property offers a prime central location, long-term hold potential, and value-add options. Three income-producing units on a deep city lot in a high-demand rental pocket of 90018 with continued neighborhood investment.

    Eduardo Barrera VISMAR REAL ESTATE

    Section Image
  • 5017 San Pedro St, Los Angeles, CA 90011

    $1,150,000

    • 6 Beds
    • 6 Baths
    • 2,720 Sq Ft
    • 5017 San Pedro St
    • Los Angeles, CA

    Located in the heart of Downtown Los Angeles, a remarkable opportunity awaits the ideal buyer. This multi-unit building features six units with atotal living space of 2,720 square feet. One unit is brand new construction and is vacant ready to be occupied. Each unit is equipped with onebedroom, one bathroom, and a private front patio. Security is ensured with a gated entrance. The

    Linda Ojeda Luxury Collective

    Section Image
  • 5618 Venice Blvd, Los Angeles, CA 90019

    $1,290,000

    • 5 Beds
    • 2,400 Sq Ft
    • 5618 Venice Blvd
    • Los Angeles, CA

    This is a mixed use building. There is a 2 bedroom 2 bath unit on the second floor that is occupied. Downstairs was used for an office and a one bedroom unit or it can be used as a two bedroom unit that is now vacant. There is also a third unit that is being used as an upholstery shop This unique building has room to add more space or units, There is also a one car attached garage. This

    David Babiracki Option West Realty

    Section Image
  • 4563 Lexington Ave, Los Angeles, CA 90029

    $999,000

    • 4 Beds
    • 3 Baths
    • 1,488 Sq Ft
    • 4563 Lexington Ave
    • Los Angeles, CA

    Prime investment or Dream home opportunity! Discover this great duplex perfectly positioned between Silver Lake and East Hollywood, just steps from Los Feliz and minutes from Echo Park. Main unit: 3 bedroom, 2 bathrooms approx. 1,000 SF; Front Unit: 1 bedroom 1 bathroom, approx. 600 SF. Both residences feature updated appliances, washer/dryer hookups, granite countertops, wood floors. Enjoy

    Jenny Wu IDEAL REALTY

    Section Image
  • 10405 S Hoover St, Los Angeles, CA 90044

    $1,099,000

    • 8 Beds
    • 4 Baths
    • 2,629 Sq Ft
    • 10405 S Hoover St
    • Los Angeles, CA

    Welcome to 10405 Hoover Street. Rare opportunity to own a multi-unit property featuring four (4) fully detached units, each offering the feel and privacy of individual single-family homes. Ideal for owner-occupants or savvy investors seeking strong cash flow potential. Unit 1 is the Front Unit featuring a Remodeled one (1) Bedroom and one (1) Bathroom. Beautifully updated with a modern kitchen

    Demetrius Brown CLRE Corporation

    Section Image
  • 2461 Mccready Ave, Los Angeles, CA 90039

    $1,300,000

    • 5 Beds
    • 3 Baths
    • 2,828 Sq Ft
    • 2461 Mccready Ave
    • Los Angeles, CA

    Discover the timeless charm of this original Spanish triplex nestled high in the trendy Silver Lake neighborhood at 2461 McCready Avenue, Los Angeles. This unique fixer-upper spans 2,828 square feet, offering a wealth of potential within its walls. Each of the three units boasts its own floor, providing privacy and breathtaking views across Los Angeles. The top and middle units each feature two

    Patricia So Compass

    Section Image
  • 947 S Sunol Dr, Los Angeles, CA 90023

    $1,225,000

    • 7 Beds
    • 7 Baths
    • 3,536 Sq Ft
    • 947 S Sunol Dr
    • Los Angeles, CA

    GREAT INCOME PROPERTY IN THE CITY OF LOS ANGELES, CA. 4 UNIT PROPERTY: 1ST UNIT: 2 BED, 2 BATH. 2ND UNIT: 2 BED, 1.5 BATH. 3RD UNIT: 2 BED, 1 BATH. 4TH UNIT: 1 BED, 2 BATH. 4 CARPORTS WITH A LARGE DRIVEWAY & STREET PARKING, SPACIOUS PROPERTY WITH LOTS OF POTENCIAL. GREAT OPPORTUNITY FOR INVESTORS OR FIRST-TIME BUYERS, LIVE IN ONE UNIT AND RENT THE REST. CLOSE TO SHOPPING, PARKS, & SCHOOLS. DONT

    Jesus Zambrano The Mantelli Group

    Section Image
  • 531 S Hillview Ave, Los Angeles, CA 90022

    $1,015,000

    • 5 Beds
    • 6 Baths
    • 2 Sq Ft
    • 531 S Hillview Ave
    • Los Angeles, CA

    6 Units in a great East LA neighborhood. 5 units are 1 bedroom each and 1 of the units is a studio. 4 one car garages with alley access. Coin operated laundry room. 4 units are one building and the studio unit along with a 1 bedroom unit are built over the garages area. Located near public transportation, shopping and schools. Drive by only. Write your offers subject to Interior inspection.

    Gabriela Ruiz Excellence RE Real Estate

    Section Image
  • 7304 Canby Ave, Los Angeles, CA 91335

    $1,399,000

    • 5 Beds
    • 8 Baths
    • 5,048 Sq Ft
    • 7304 Canby Ave
    • Los Angeles, CA

    7302-7304 Canby is a versatile multi-use property designed to accommodate various needs. Situated on a spacious lot, it comprises five mixed-use units. The two larger units, each measuring 1,550 square feet, are located at the rear of the property. One is currently utilized as a commercial space, featuring a large open workspace, two offices, a kitchen, and two bathrooms, making it suitable for a

    David Lukan Compass

    Section Image

Source: The MLS

MLS Number: 25545821

The MLS

APN: 5041-029-021