$980,000
SOLD SEP 19, 2025
8 Beds
4 Baths
3,024 Sq Ft
5,957 Sq Ft Lot

Recently Sold

$324 Per Sq Ft

2% Below List Price

53 Days on Market

About This Home

As of September 2025

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.***

Last Agent to Sell the Property

Kelly Morgan

Houze Real Estate Management License #01898026 Listed on: 07/01/2025

Last Buyer's Agent

Ellie Kohan

Coldwell Banker Realty License #01464813

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,957 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3024
  • Lot Acreage: 0.1367
  • Stories: 2
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 329.03

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Covered Parking, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 41.18
  • Assessed Improvement Value: 375269
  • Assessed Land Percent: 58.82
  • Assessed Land Value: 536099
  • Total Assessed Value: 911368
  • Assessor Parcel Number: 5041-036-029
  • Lot Size Area: 5957

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.70
  • Number Of Units: 3
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Aug 4, 2025
Sold by
Gregorchuk John M and Gregorchuk Vivian
Bought by
Cosmic Capital Llc
Seller's Agent
Kelly Morgan
Houze Real Estate Management
Buyer's Agent
Ellie Kohan
Coldwell Banker Realty
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Views
34
Current Estimated Value
$979,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$456
Avg. Annual Appreciation
-0.12%
Original Mortgage
$784,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 9, 2019
Sold by
Corona Rodolfo A and Corona Angeles V
Bought by
Gregorchuk John M and Gregorchuk Vivian
Seller's Agent
Nadia Mercado
Excellence RE Real Estate
Buyer's Agent
SON DINH
MCLEOD AND ASSOCIATES
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$722,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2019
Sold by
Corona Rodolfo A and Corona Angeles V
Bought by
Corona Rodolfo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2017
Sold by
Corona Rodolfo
Bought by
Corona Rodolfo A and Corona Angeles V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,775
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 1998
Sold by
Corona Ana
Bought by
Corona Rodolfo and Corona Angeles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Grant Deed $980,000 Ticor 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
Previous Owner $784,000 New Conventional
Previous Owner $722,500 New Conventional
Previous Owner $460,000 Adjustable Rate Mortgage/ARM
Previous Owner $335,775 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2025 09/19/25 Sold $980,000 -1.5% $324 / Sq Ft
08/23/2025 08/23/25 Pending -- -- --
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 View Prior Sale
06/18/2019 06/18/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $850,000 -- $281 / Sq Ft
Source: The MLS

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

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25559815

The MLS

APN: 5041-036-029