Seller's Agent in 2025
Kelly Morgan
Houze Real Estate Management
(310) 836-3638
1 in this area
33 Total Sales
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
Houze Real Estate Management License #01898026 Listed on: 07/01/2025
| 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 | -- | -- |
| 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 |
| 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 |
| 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 |
Seller's Agent in 2025
Kelly Morgan
Houze Real Estate Management
(310) 836-3638
1 in this area
33 Total Sales
Buyer's Agent in 2025
Ellie Kohan
Coldwell Banker Realty
(310) 350-0805
1 in this area
7 Total Sales
N
Seller's Agent in 2019
Nadia Mercado
Excellence RE Real Estate
S
Buyer's Agent in 2019
SON DINH
MCLEOD AND ASSOCIATES
(909) 612-9488
7 Total Sales
Source: The MLS
MLS Number: 25559815
APN: 5041-036-029