$699,000

Estimated payment $4,262/month

Total Views 901
6 Beds
3 Baths
1,714 Sq Ft
$408 Price per Sq Ft

Highlights

  • Laundry Room
  • Wrought Iron Fence
  • 1-Story Property
  • Bungalow

About This Home

Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! This triplex offers a CAP Rate upwards of 7.4%! Additional BONUS of at least 95% upside in rents! Great value add opportunity. Zoned RD2. Endless possibilities. Fix and flip / lease up or Park your 1031 Exchange. Convert garages to ADUs for additional income or explore the full re-development route and take advantage of the One Big Beautiful Bill that brings back 100% bonus depreciation! All 3 units are separately metered for gas and electric. Tenants pay for all utilities except water/sewer. New flooring and new paint in unit 1625. Copper plumbing throughout the property. Perfect for owner user or get your own tenant at market rent! This property is gated for privacy and is priced to sell!

Conveniently located close to schools, SoFi Stadium, Intuit Dome, Forum, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Long-term tenants in good standing. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Property will be delivered with existing tenants and one unit available to lease up.

Download the OM Package to obtain more info. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy themselves on ALL aspects of the property.

Listing Agent

Bryan Castillo

Castillo Realty Group, Inc. Brokerage Phone: 310-498-6908 License #01912834 Listed on: 08/11/2025

Co-Listing Agent

Pablo Trejo

Castillo Realty Group, Inc. Brokerage Phone: 310-498-6908 License #02095546

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,436

Year Built

  • Built in 1940

Lot Details

  • 6,759 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Bungalow
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Stucco

Interior Spaces

  • 1,714 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tax Lot 272
  • Tax Tract Number 4511
  • Assessor Parcel Number 6034010019

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,445
  • Water Sewer Expense $2,681
  • New Taxes Expense $8,738
  • Operating Expense $12,864
  • Net Operating Income $51,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,436

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • CapRate: 7.40
  • Other Phone Description: 310-751-0938
  • Price Per Unit: 233000
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2681.10
  • Zoning: LARD2
  • Architectural Style: Bungalow
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6034010019
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 407.82

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Paved
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6759.00
  • Lot Size Acres: 0.1552

Rental Info

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

Multi Family

  • Gross Multiplier: 13.55
  • Gross Scheduled Income: 64440.00
  • Insurance Expense: 1445.30
  • Lot Size Area: 6759.0000 Square Feet
  • Net Operating Income: 51576.10
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 12863.90
  • Rent Control: Yes
  • Total Actual Rent: 2670.00
  • Total Expenses: 12863.90

Tax Info

  • New Taxes Expense: 8737.50
  • Tax Census Tract: 2381.00
  • Tax Lot: 272
  • Tax Tract Number: 4511

Map

Range of Values:

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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 $5,436 $426,514 $311,361 $115,153
2024 $5,436 $418,152 $305,256 $112,896
2023 $5,340 $409,954 $299,271 $110,683
2022 $5,106 $401,916 $293,403 $108,513
2021 $5,036 $394,036 $287,650 $106,386
2020 $5,084 $389,997 $284,701 $105,296
2019 $4,894 $382,351 $279,119 $103,232
2018 $4,780 $374,855 $273,647 $101,208
2016 $4,565 $360,301 $263,022 $97,279
2015 $4,501 $354,890 $259,072 $95,818
2014 $4,537 $347,940 $253,998 $93,942
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $699,000 -- $408 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $68,181 None Listed On Document
Grant Deed $68,181 None Listed On Document
Grant Deed $300,000 Commerce Title Company
Grant Deed -- Benefit Land Title
Grant Deed $174,500 Benefit Land Title Company
Grant Deed -- Landsafe Title
Trustee Deed $162,918 Landsafe Title
Grant Deed $157,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $261,000 New Conventional
Previous Owner $236,000 Purchase Money Mortgage
Previous Owner $29,476 Unknown
Previous Owner $146,250 Balloon
Previous Owner $153,835 FHA
Closed $29,500 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN25166362

California Regional Multiple Listing Service (CRMLS)

APN: 6034-010-019