$4,995,000
UNDER CONTRACT

Estimated payment $27,602/month

Total Views 587
-- Bed
7 Baths
10,308 Sq Ft
$485 Price per Sq Ft

Highlights

  • City Lights View
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Dahlia Heights Elementary Rated A-
  • Hiking Trails
  • Park

About This Home

Iconic mixed use property impacts the market for the first time in 75 years. This one of a kind property with rare on-site parking offers a staggering number of possibilites opening the door for any investor/owner-user. The building itself features two floors with a top floor that offers a number of multi-family one and two bedroom units. The ground floor includes an estimated 5,000 square feet of retail/commercial space, with expansive floor-to-ceiling elements that significantly enhance the sense of scale for each space. The total building area is estimated at 10,000 square feet. This property is ideally located at one of the most vibrant, densely traveled intersections in Eagle Rock. The vibrancy creates a lively and active environment with a mix of activities happening throughout the day and night. Residents benefit from easy access to nearby Trader Joe's, Vons, Sprouts, Target, restaurants, cafes, coffeehouses, breweries, boutiques, arts venues, schools, parks, public transportation and major fwys. The area continues to gentrify with young professionals drawn by its character and proximity to LA's creative centers. It's the perfect site!

Listing Agent

Jim Beckham

Engel & Völkers Pasadena License #01219674 Listed on: 06/22/2025

Engel & Völkers Pasadena

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1912

Lot Details

  • 10,263 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • No Sprinklers
  • Density is up to 1 Unit/Acre

Property Views

  • City Lights
  • Mountain
  • Hills

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Partial Copper Plumbing

Interior Spaces

  • 10,308 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • All Upper Level Bedrooms
  • 7 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 10 / 1
  • Tax Tract Number 181
  • Assessor Parcel Number 5689017006
  • Seller Considering Concessions

Community Details

Recreation

  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $700
  • Water Sewer Expense $3,000
  • Operating Expense $9,400
  • Net Operating Income $380,000

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,052

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 7.60
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Eagle Rock TownSite
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LAC4
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5689017006
  • Year Built: 1912
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 2
  • Entry Location: Ground floor.
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 484.58
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights, Mountain(s), Hills
  • Fence: No
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, On Site
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights, Storm Drains, Park, Hiking, Dog Park, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet, 0-1 Unit/Acre, Sprinklers None, Corner Lot
  • Lot Size Sq Ft: 10263.00
  • Lot Size Acres: 0.2356

Rental Info

  • Tenant Pays: Cable TV, Trash Collection, Sewer, Gas, Electricity

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Electric Expense: 3000.00
  • Fuel Expense: 1200.00
  • Gross Multiplier: 10.95
  • Gross Scheduled Income: 456000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 10263.0000 Square Feet
  • Net Operating Income: 380000.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 7
  • Operating Expense: 76000.00
  • Other Expense Description: YES
  • Rent Control: Yes
  • Total Expenses: 9400.00

Tax Info

  • Tax Block: 1
  • Tax Lot: 10
  • Tax Tract Number: 181...

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,052 $126,196 $81,117 $45,079
2024 $3,052 $123,723 $79,527 $44,196
2023 $2,296 $121,298 $77,968 $43,330
2022 $2,217 $118,921 $76,440 $42,481
2021 $2,161 $116,591 $74,942 $41,649
2020 $2,168 $115,396 $74,174 $41,222
2019 $2,112 $113,134 $72,720 $40,414
2018 $1,864 $110,917 $71,295 $39,622
2016 $1,725 $106,613 $68,528 $38,085
2015 $1,706 $105,012 $67,499 $37,513
2014 $1,731 $102,956 $66,177 $36,779
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 For Sale $4,995,000 -- $485 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Similar Homes in the area

  • 248 S Occidental Blvd, Los Angeles, CA 90057

    $4,990,000

    • 6 Beds
    • 4 Baths
    • 18,654 Sq Ft
    • 248 S Occidental Blvd
    • Los Angeles, CA

    Prime Investment Opportunity in Los Angeles!This 21-unit apartment building offers an exceptional investment opportunity in a highly sought-after area. The property features a well-rounded mix of spacious units, including 19 one-bedroom apartments, one two-bedroom unit, and a unique three-bedroom penthouse on the rooftop with its own private outdoor space, perfect for commanding top-tier

    Young Hong New Star Realty & Investment

    Section Image
  • 514 Union Dr, Los Angeles, CA 90017

    $4,500,000

    • 8 Beds
    • 47 Baths
    • 25,720 Sq Ft
    • 514 Union Dr
    • Los Angeles, CA

    We are pleased to present 514 Union Dr, a 47-unit multifamily investment opportunity located in the desirable Westlake neighborhood of Los Angeles. Situated just north of 6th Street and only half a mile from Good Samaritan Hospital, the property boasts a central location that offers easy access to the region's most sought-after amenities. The building features a well-balanced unit mix of 39

    Neema Ahadian Marcus & Millichap

    Section Image
  • 526 Union Dr, Los Angeles, CA 90017

    $4,750,000

    • 6 Beds
    • 51 Baths
    • 32,001 Sq Ft
    • 526 Union Dr
    • Los Angeles, CA

    We are pleased to present 526 Union Dr, a 51-unit multifamily investment opportunity in the highly walkable Westlake neighborhood of Los Angeles, located just north of 6th St and a half-mile from Good Samaritan Hospital. The property features a unit mix of 45 singles and six one-bedrooms and is being offered at a 6.73% CAP rate and 7.42 GRM on current income, with an additional 36% rental upside

    Neema Ahadian Marcus & Millichap

    Section Image
  • 2910 W 8th St, Los Angeles, CA 90005

    $4,300,000

    • 7 Beds
    • 43 Baths
    • 22,400 Sq Ft
    • 2910 W 8th St
    • Los Angeles, CA

    We are pleased to present a 43-unit investment opportunity at 2910 W 8th St in Koreatown located between S Hoover St and Vermont Ave. The subject property totals 36 single units and seven one-bedrooms. Offered at $100,000 per unit at $192 PSF at a 6.30% CAP rate and 7.63 GRM on current income at the asking price with an additional 32% rental upside achievable as units turn. The building is

    Neema Ahadian Marcus & Millichap

    Section Image
  • 6686 Emmet Terrace, Los Angeles, CA 90068

    $3,875,000

    • 8 Beds
    • 6 Baths
    • 4,474 Sq Ft
    • 6686 Emmet Terrace
    • Los Angeles, CA

    Great Owner User opportunity if wanted, one unit per floor and the lower unit is vacant right with a huge outdoor fenced in space. They always rent fast. This rare multi tenant property is for first time on the market in almost 30 years and has great rental history. Located in Whitley Height, the original subdivision above the Hollywood Strip. Great views, these are beautiful apartments in the

    Jana Helmig Modern Properties

    Section Image
  • 4441 Forman Ave, Toluca Lake, CA 91602

    $3,895,000

    • 6 Beds
    • 4 Baths
    • 4,166 Sq Ft
    • 4441 Forman Ave
    • Toluca Lake, CA

    This wonderful fourplex is sited in an excellent central location in beloved Toluca Lake near major studios, Universal City, parks, schools, and freeways, just moments to the Burbank Airport, Downtown LA, Hollywood, and the very best of the Valley and city.

    Sally Forster Jones Compass

    Section Image
  • 1351 N Alta Vista Blvd, Los Angeles, CA 90046

    $4,000,000

    • 7 Beds
    • 6 Baths
    • 6,296 Sq Ft
    • 1351 N Alta Vista Blvd
    • Los Angeles, CA

    We are proud to present a rare investment opportunity in the heart of Hollywood at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046. This property is a 6-unit apartment building, offering exceptional potential for redevelopment and expansion. Nestled on a spacious 9,681 square foot lot with LAR3 zoning, the property currently features a single building with a total rentable space of

    Todd Jones Rodeo Realty

    Section Image
  • 750 N Edinburgh Ave, Los Angeles, CA 90046

    $5,950,000

    • 8 Beds
    • 9 Baths
    • 4,256 Sq Ft
    • 750 N Edinburgh Ave
    • Los Angeles, CA

    A rare opportunity to acquire a luxurious, restored 1923 Spanish Revival courtyard complex in the heart of the city perfect for a multi-generational or extended family compound, a buyer seeking guest residences for visiting friends or relatives, a collector of legacy architecture, or even a foundation or institution looking to house visiting fellows, artists, or scholars. The property also

    Scott Lander Compass

    Section Image

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22878

Pasadena-Foothills Association of REALTORS®

APN: 5689-017-006