$525,000
SOLD APR 23, 2025
4 Beds
4 Baths
1,977 Sq Ft
5,249 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

38% Below List Price

169 Days on Market

About This Home

As of April 2025

Explore a fantastic investment opportunity with this craftsman triplex, ideally located in a thriving community on the rise! This property features two front units side by side one with 1 bedroom and 1 bath, and the other with 2 bedrooms and 2 bathrooms. The detached back unit includes 1 bedroom and 1 bathroom, awaiting your renovation touch. Situated in high-demand area that will be central to the 2028 Olympics. This triplex is near schools,USC,BMO stadium, museums downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, and major freeways. This property is perfect for those looking to craft their dream home or capitalize on a renovation project. Whether you're an investor or a homeowner ready to make your mark, this triplex offers a canvas for creativity and growth. Don't miss out on this amazing opportunity to transform a property in one of the most desirable cities in the world! KEY FEATURES- THREE GENEROUSLY SIZED UNITS. Each unit offers spacious living areas, providing flexibility for tenants or personal use. RENOVATION READY-Bring your vision to life! This triplex is ready for a makeover, allowing you to customize the interiors to match modern tastes and maximize rental income. FLEXIBLE TENANT OPTIONS-With current tenants in place, the seller is open to relocating them, enabling the buyer to enhance the property's value or create a fresh start.

Last Agent to Sell the Property

Melvin McDonald

Glenda Freeman License #01258257 Listed on: 09/03/2024

Last Buyer's Agent

Melvin McDonald

Glenda Freeman License #01258257 Listed on: 09/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $859

Year Built

  • Built in 1925

Home Design

  • Triplex

Interior Spaces

  • 1,977 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Additional Features

  • 5,249 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5003-018-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$859

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1977
  • Lot Acreage: 0.1205
  • Year Built: 1925
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 341.43

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Heating: Natural Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 41.16
  • Assessed Improvement Value: 16461
  • Assessed Land Percent: 58.84
  • Assessed Land Value: 23530
  • Total Assessed Value: 39991
  • Assessor Parcel Number: 5003-018-008
  • Lot Size Area: 5249

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
May 28, 2025
Sold by
Tukasa Inc
Bought by
Laza Mario
Seller's Agent
Melvin McDonald
Glenda Freeman
Buyer's Agent
Melvin McDonald
Glenda Freeman
List Price
$850,000
Sold Price
$525,000
Premium/Discount to List
-$325,000
-38.24%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.48%

Purchase Details

Listed on
Sep 3, 2024
Closed on
Mar 7, 2025
Sold by
Williams John D and Williams Krista L
Bought by
Tukasa Inc
Seller's Agent
Melvin McDonald
Glenda Freeman
Buyer's Agent
Melvin McDonald
Glenda Freeman
List Price
$850,000
Sold Price
$525,000
Premium/Discount to List
-$325,000
-38.24%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,900
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2000
Sold by
Williams John
Bought by
Williams John C and Williams John D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Grant Deed $548,500 Fidelity National Title
Grant Deed -- Fidelity National Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $719,900 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $1,147,000 +118.5% $580 / Sq Ft
04/23/2025 04/23/25 Sold $525,000 -22.2% $266 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
02/03/2025 02/03/25 Price Changed $675,000 -10.0% $341 / Sq Ft
12/17/2024 12/17/24 Price Changed $750,000 -6.0% $379 / Sq Ft
09/19/2024 09/19/24 Price Changed $798,000 -6.1% $404 / Sq Ft
09/03/2024 09/03/24 For Sale $850,000 -- $430 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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
2024 $859 $40,790 $24,000 $16,790
2023 $853 $39,991 $23,530 $16,461
2022 $829 $39,208 $23,069 $16,139
2021 $806 $38,440 $22,617 $15,823
2020 $808 $38,047 $22,386 $15,661
2019 $790 $37,302 $21,948 $15,354
2018 $718 $36,571 $21,518 $15,053
2016 $670 $35,153 $20,684 $14,469
2015 $664 $34,626 $20,374 $14,252
2014 $690 $33,948 $19,975 $13,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-435915

The MLS

APN: 5003-018-008