1613 Exposition Blvd Los Angeles, CA 90018
Exposition Park NeighborhoodEstimated payment $6,378/month
Total Views
2,170
8
Beds
4
Baths
3,024
Sq Ft
$329
Price per Sq Ft
About This Home
This prime triplex in the heart of Exposition Park offers investors a rare opportunity to add tremendous value and boost cash flow through the development of three ADUs. With a current 6.74% cap rate and 10.70 GRM, the property already performs well, but post-ADU projections push returns to a 11.11% cap and 7.33 GRM, with an estimated $1 million in added value. Positioned directly across from the Metro E Line (Exposition Line), tenants benefit from immediate access to Downtown LA, Santa Monica, and key employment and entertainment hubs. This strategic location also just blocks from USC, making it ideal for student housing and maximizing rental income per bedroom.The property sits in a vibrant cultural and recreational hub, walking distance to: Natural History Museum, California Science Center, Los Angeles Memorial Coliseum, Banc of California Stadium, The Rose Garden, IMAX Theater and much more.With a Walk Score of 74 and a Bike Score of 82, this area is highly accessible and increasingly attractive to young professionals and students alike. ***Contact us today to request the OM or schedule a private tour.***
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,483
Year Built
- Built in 1945
Lot Details
- 5,957 Sq Ft Lot
Interior Spaces
- 3,024 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 3 Parking Spaces
- Covered Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5041-036-029
Map
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Home Values in the Area
Average Home Value in this Area
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 | $11,483 | $929,594 | $546,820 | $382,774 |
| 2024 | $11,483 | $911,368 | $536,099 | $375,269 |
| 2023 | $11,265 | $893,499 | $525,588 | $367,911 |
| 2022 | $10,746 | $875,981 | $515,283 | $360,698 |
| 2021 | $10,599 | $858,806 | $505,180 | $353,626 |
| 2019 | $3,975 | $303,160 | $191,141 | $112,019 |
| 2018 | $3,888 | $297,217 | $187,394 | $109,823 |
| 2016 | $3,688 | $285,677 | $180,118 | $105,559 |
| 2015 | $3,636 | $281,387 | $177,413 | $103,974 |
| 2014 | $3,666 | $275,876 | $173,938 | $101,938 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Rent | $3,995 | 0.0% | -- |
| 07/01/2025 07/01/25 | For Sale | $995,000 | +17.1% | $329 / Sq Ft |
| 08/13/2019 08/13/19 | Sold | $850,000 | 0.0% | $281 / Sq Ft |
| 06/18/2019 06/18/19 | Pending | -- | -- | -- |
| 06/05/2019 06/05/19 | For Sale | $850,000 | -- | $281 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Pacific Coast Title | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $722,500 | New Conventional | |
| Previous Owner | $460,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $335,775 | FHA | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $255,000 | Unknown | |
| Previous Owner | $230,000 | Unknown | |
| Previous Owner | $209,447 | Unknown | |
| Previous Owner | $36,206 | Unknown | |
| Previous Owner | $11,750 | Stand Alone Second |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25559815
APN: 5041-036-029
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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