162 W 65th St Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $6,840/month
About This Home
162 W 65th St offers a rare opportunity to purchase a four-unit property in a strong pocket of South Los Angeles, with 3 of 4 units delivered vacant. The property features a great mix of units including a large, vacant 4-bedroom/2-bath front house, along with three additional units consisting of (1) 1-bedroom/1-bath, (1) 2-bedroom/1-bath, and (1) newly constructed 3-bedroom/2-bath unit. The variety of unit sizes makes it attractive to a wide range of renters.
With a majority of the units delivered vacant, the next owner has the flexibility to lease the units at full market rents from day one. Based on market rents, the property has the potential to generate over $11,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. The property could also be ideal for an owner-user looking to live in the front house while collecting income from the other units to help offset their mortgage. The property is conveniently located in South Los Angeles with easy access to Downtown LA, USC, and the growing Inglewood area, along with major transportation routes and employment centers throughout the city.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 03/09/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1941
Lot Details
- 6,693 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,312 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Location
- Urban Location
- Suburban Location
Utilities
- Central Heating
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 5
- Assessor Parcel Number 6012001033
- $550 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 1 Leased Unit
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $29,050
- Gross Income $138,864
- Net Operating Income $102,871
Map
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 | $8,274 | $661,650 | $437,456 | $224,194 |
| 2024 | $8,274 | $648,678 | $428,879 | $219,799 |
| 2023 | $8,120 | $635,960 | $420,470 | $215,490 |
| 2022 | $7,752 | $623,491 | $412,226 | $211,265 |
| 2021 | $7,650 | $611,267 | $404,144 | $207,123 |
| 2020 | $7,723 | $605,000 | $400,000 | $205,000 |
| 2019 | $1,198 | $69,616 | $19,313 | $50,303 |
| 2018 | $1,068 | $68,252 | $18,935 | $49,317 |
| 2016 | $994 | $65,602 | $18,200 | $47,402 |
| 2015 | $982 | $64,617 | $17,927 | $46,690 |
| 2014 | $1,005 | $63,352 | $17,576 | $45,776 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/09/2026 03/09/26 | For Sale | $1,195,000 | +97.5% | $361 / Sq Ft | |
| 12/18/2019 12/18/19 | Sold | $605,000 | +10.0% | $246 / Sq Ft | View Prior Sale |
| 10/19/2019 10/19/19 | Pending | -- | -- | -- | |
| 10/14/2019 10/14/19 | For Sale | $550,000 | -- | $223 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $605,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $364,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26049592
APN: 6012-001-033
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Ask me questions while you tour the home.