$899,000

Estimated payment $5,950/month

Total Views 489
6 Beds
7 Baths
4,650 Sq Ft
$193 Price per Sq Ft

Highlights

  • Corner Lot
  • Neighborhood Views
  • Living Room
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

Opportunity! Prospective Buyers can realize incredible income Potential with this 7-Unit income property in the South Los Angeles area, conveniently located near the "Blue Line" Light Rail, 105 Freeway, local shopping, parks, and the historical "Watts Towers." The property consists of 7 units featuring a mix of two Studios, four 1-Bedroom/1-Bathroom units, and one 2-Bedroom/1-Bathroom unit (totaling 8 Bedrooms and 7 Bathrooms). Seller is highly motivated and encourages all offers. Bring All Offers!

Listing Agent

ARMANDO OLMEDA

RE/MAX TOP PRODUCERS Brokerage Email: homesbyolmeda@gmail.com License #02121120 Listed on: 07/14/2026

RE/MAX TOP PRODUCERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,150

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 7,684 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Density is 36-40 Units/Acre

Home Design

  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,650 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Neighborhood Views
  • Window Bars
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 101
  • Tax Tract Number 2423
  • Assessor Parcel Number 6044007005
  • $2,052 per year additional tax assessments

Community Details

Overview

  • 7 Units

Building Details

  • 3 Leased Units
  • Insurance Expense $8,071
  • Water Sewer Expense $10,800
  • Operating Expense $31,021
  • Gross Income $61,368
  • Net Operating Income $30,347

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,150

Year Built

Built in 1923 | Remodeled

Lot Details

7,684 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Window Bars
  • View: Yes
  • Water Sewer Expenses: 10800.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6044007005
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Laminate
  • Levels: Two
  • Price Per Square Foot: 193.33
  • Room Type: Primary Bedroom, Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Curbs, Street Lights, Urban, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, 36-40 Units/Acre
  • Lot Size Sq Ft: 7684.00
  • Lot Size Acres: 0.1764

Multi Family

  • Gross Income: 61368.00
  • Gross Operating Income: 61368.00
  • Gross Scheduled Income: 61368.00
  • Insurance Expense: 8071.00
  • Lot Size Area: 7684.0000 Square Feet
  • Net Operating Income: 30347.00
  • Number Of Units Leased: 3
  • Number Of Units Total: 7
  • Operating Expense: 31021.00
  • Rent Control: No
  • Total Actual Rent: 5114.00
  • Total Expenses: 31021.00

Tax Info

  • Tax Lot: 101
  • Tax Tract Number: 2423
  • Tax Annual Amount: 12150.00
  • Tax Year: 2025
  • TaxOtherAnnualAssessmentAmount: 2052.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,894 $997,269 $501,981 $495,288
2024 $13,697 $977,716 $492,139 $485,577
2023 $13,451 $958,546 $482,490 $476,056
2022 $12,885 $939,752 $473,030 $466,722
2021 $12,712 $921,326 $463,755 $457,571
2019 $8,195 $538,693 $188,004 $350,689
2018 $8,005 $528,131 $184,318 $343,813
2016 $7,577 $507,624 $177,161 $330,463
2015 $7,466 $500,000 $174,500 $325,500
2014 $6,916 $441,394 $220,697 $220,697
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2026 07/24/26 For Sale $899,000 0.0% $193 / Sq Ft
07/24/2026 07/24/26 Off Market $899,000 -- --
07/14/2026 07/14/26 For Sale $899,000 +79.8% $193 / Sq Ft
07/01/2014 07/01/14 Sold $500,000 -14.5% $108 / Sq Ft View Prior Sale
06/12/2014 06/12/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $585,000 -- $126 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed -- None Available
Grant Deed -- Fidelity National Title
Trustee Deed $300,400 Stewart Title
Grant Deed -- None Available
Grant Deed -- Accommodation
Grant Deed -- None Available
Grant Deed -- Lsi Title Agency
Quit Claim Deed -- None Available
Grant Deed -- None Available
Grant Deed -- Provident Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $790,000 New Conventional
Previous Owner $37,000 Unknown
Previous Owner $150,000 Commercial
Previous Owner $400,000 Commercial
Previous Owner $420,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26153768

California Regional Multiple Listing Service (CRMLS)
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