$2,200,000
$200K PRICE INCREASE

Estimated payment $12,562/month

Total Views 2,458
8 Beds
4 Baths
4,836 Sq Ft
$455 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Wrought Iron Fence
  • Cul-De-Sac
  • Bike Trail

About This Home

Beutiful Attractive 4 Plex in the heart of Los Angeles Located in a fast expanding high-demand area with alot of growth potential.The property consist of 8 spacious Bedrooms (1209 Sq Ft Each) and 4 baths.The Lot Size is 7904 Sq Ft. that includes a large parking area in the back for the residents and their guests.The property offer alot of potential. This is a rarely found investment opportunity in today's market. Next to schools, shopping and freeways. Please do NOT disturb the occupants !!!

Listing Agent

Joe Lopez

Real Estate Executives Secure Properties Brokerage Phone: 562-569-3224 License #01070077 Listed on: 01/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,015

Year Built

  • Built in 1926

Lot Details

  • 7,906 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Wrought Iron Fence
  • Density is 2-5 Units/Acre
  • Land Lease expires 1/1/25

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 4,836 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 6116
  • Assessor Parcel Number 5501016012
  • $715 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,015

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Price Per Unit: 550000
  • Property Attached: No
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5501016012
  • Year Built: 1926
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 454.92

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Expiration Date: 2025-01-01
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac
  • Lot Size Sq Ft: 7906.00
  • Lot Size Acres: 0.1815

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 1209 Square Feet
  • Lease Term: Month To Month
  • Lot Size Area: 7906.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2111.22
  • Tax Lot: 15
  • Tax Tract Number: 6116
  • TaxOtherAnnualAssessmentAmount: 715.00

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 $8,015 $620,947 $250,550 $370,397
2024 $8,015 $608,773 $245,638 $363,135
2023 $7,873 $596,837 $240,822 $356,015
2022 $7,530 $585,135 $236,100 $349,035
2021 $7,413 $573,663 $231,471 $342,192
2020 $7,479 $567,782 $229,098 $338,684
2019 $7,202 $556,650 $224,606 $332,044
2018 $7,056 $545,736 $220,202 $325,534
2016 $6,708 $524,546 $211,652 $312,894
2015 $6,615 $516,668 $208,473 $308,195
2014 $6,663 $506,548 $204,390 $302,158
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Price Changed $2,200,000 +10.0% $455 / Sq Ft
01/03/2025 01/03/25 For Sale $1,999,999 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25001824

California Regional Multiple Listing Service (CRMLS)

APN: 5501-016-012