$1,250,000
$200K PRICE DROP

Estimated payment $7,606/month

Total Views 2,194
8 Beds
4 Baths
3,024 Sq Ft
$413 Price per Sq Ft

About This Home

RICE IMPROVEMENT! Exceptional trophy investment opportunity in one of Los Angeles' most sought-after rental corridors. This extensively upgraded triplex offers strong in-place income, pride of ownership, and substantial value-add potential through planned unit expansion and the opportunity to add ADUs (buyer to verify).Positioned directly across from the Metro E Line, tenants enjoy immediate access to Downtown Los Angeles, Santa Monica, and major employment centers, creating a highly desirable transit-oriented living experience. Located just blocks from USC, the property is ideally suited for student housing and maximizing rental income potential. The property features three clean, well-maintained units, significant recent capital improvements, and multiple avenues for future revenue growth. Situated within walking distance of Exposition Park, the Natural History Museum, California Science Center, Los Angeles Memorial Coliseum, BMO Stadium, the Rose Garden, IMAX Theater, and numerous dining and entertainment destinations, the location offers an exceptional lifestyle and rental appeal. With a Walk Score of 74 and Bike Score of 82, this vibrant and rapidly growing neighborhood continues to attract students, young professionals, and long-term residents alike. Rarely does an asset combine turnkey condition, premier location, transit accessibility, and meaningful development upside in such a compelling package. A true legacy investment delivering immediate cash flow today with significant long-term appreciation and income growth potential. Contact listing agent for additional information.

Listing Agent

Peter Shamouil

Coldwell Banker Realty License #01818860 Listed on: 06/23/2026

Coldwell Banker Realty

Co-Listing Agent

Ellie Kohan

Coldwell Banker Realty License #01464813

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 5,953 Sq Ft Lot
  • Gated Home

Interior Spaces

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

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 7 Car Detached Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5041-036-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1945 | Remodeled

Lot Details

5,953 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 3024
  • Lot Acreage: 0.1367
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Freezer, Dishwasher
  • Price Per S Q F T: 413.36

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached, Driveway
  • Total Parking: 7

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Gated
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 41.18
  • Assessed Improvement Value: 382774
  • Assessed Land Percent: 58.82
  • Assessed Land Value: 546820
  • Total Assessed Value: 929594
  • Assessor Parcel Number: 5041-036-029
  • Lot Size Area: 5953

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 3
  • Type Of Units: Apartment

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 $11,665 $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

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
08/10/2026 08/10/26 Price Changed $1,250,000 0.0% $413 / Sq Ft
06/30/2026 06/30/26 For Rent $4,400 0.0% --
06/23/2026 06/23/26 For Sale $1,450,000 +48.0% $479 / Sq Ft
09/19/2025 09/19/25 Sold $980,000 -1.5% $324 / Sq Ft View Prior Sale
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

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
Grant Deed $980,000 Ticor Title Company
Interfamily Deed Transfer -- Pacific Coast Title
Grant Deed $850,000 Fidelity National Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Ticor Title Company
Gift Deed -- --
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 $784,000 New Conventional
Closed $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

Source: The MLS

MLS Number: 26851221

The MLS

APN: 5041-036-029

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