$760,000
SOLD OCT 14, 2025
8 Beds
4 Baths
2,438 Sq Ft
5,336 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Accessible Parking
  • Wall Furnace
  • Living Room
  • Tile Flooring

About This Home

As of October 2025

Located just minutes from Crypto.com Arena (formerly Staples Center), Downtown Los Angeles, and USC, this well-maintained fourplex presents a strong investment with excellent growth potential. Each of the four units offers 2 bedrooms, 1 bathroom, a kitchen, and a dining area. Most of the units have been renovated with laminate flooring and fresh paint. The property features a NEW ROOF, NEW WATER HEATERS, refurbished stairs and deck, and ample on-site parking for seven vehicles plus street parking. The property encompasses 2,438 sq. ft. of living space on a 5,334 sq. ft. lot. Current monthly rental income is $5,536 ($66,432 annually), with the ability to raise rents up to 3% annually and additional upside through future renovations or ADU development potential. This is an excellent opportunity for both seasoned investors and first-time buyers looking to grow their portfolio in one of Los Angeles’ most dynamic rental markets. Strong cash flow and future growth make this a MUST-SEE FOR INVESTORS!

Last Agent to Sell the Property

Candice Uy

T.N.G. Real Estate Consultants Brokerage Phone: 562-895-0973 License #02003122 Listed on: 09/17/2025

T.N.G. Real Estate Consultants

Last Buyer's Agent

Candice Uy

T.N.G. Real Estate Consultants Brokerage Phone: 562-895-0973 License #02003122 Listed on: 09/17/2025

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,336 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,438 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Gas Cooktop

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 32
  • Tax Tract Number 2281
  • Assessor Parcel Number 5117006013
  • $272 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,188
  • Insurance Expense $2,038
  • Pest Control $1,020
  • Professional Management Expense $3,420
  • Water Sewer Expense $5,064
  • Operating Expense $12,730
  • Gross Income $66,436
  • Net Operating Income $52,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • CapRate: 7.00
  • Professional Management Expense: 3420.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 5064.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5117006013
  • Year Built: 1958
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 311.73
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Pest Control Expense: 1020.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5336.00
  • Lot Size Acres: 0.1225

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 1188.00
  • Gross Income: 66436.00
  • Gross Scheduled Income: 66436.00
  • Insurance Expense: 2038.00
  • Lot Size Area: 5336.0000 Square Feet
  • Net Operating Income: 52740.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13692.00
  • Rent Control: Yes
  • Total Actual Rent: 5536.34
  • Total Expenses: 12730.00

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 2281
  • TaxOtherAnnualAssessmentAmount: 271.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2025
Closed on
Oct 8, 2025
Sold by
Montana Tomkyns
Bought by
Cerda Pablo R
Seller's Agent
Candice Uy
T.N.G. Real Estate Consultants
Buyer's Agent
Candice Uy
T.N.G. Real Estate Consultants
List Price
$748,000
Sold Price
$760,000
Premium/Discount to List
$12,000
1.6%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%
Original Mortgage
$608,000
Outstanding Balance
$607,457
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$151,173

Purchase Details

Listed on
Sep 17, 2025
Closed on
Oct 2, 2025
Sold by
Icesus Properties Llc
Bought by
Cerda Pablo R
Seller's Agent
Candice Uy
T.N.G. Real Estate Consultants
Buyer's Agent
Candice Uy
T.N.G. Real Estate Consultants
List Price
$748,000
Sold Price
$760,000
Premium/Discount to List
$12,000
1.6%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$607,457
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$151,173

Purchase Details

Closed on
Mar 9, 2021
Sold by
Bhumpattarachai Sasiya
Bought by
Chang Richard C

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 31, 2018
Sold by
Lopez Mary
Bought by
Chang Richard C
Seller's Agent
Michael Henderson
Compass
Buyer's Agent
Salvador Serrano
Realty Group International of America
List Price
$700,000
Sold Price
$694,000
Premium/Discount to List
-$6,000
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%
Original Mortgage
$365,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2000
Sold by
Lopez Jesus
Bought by
Lopez Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Lawyers Title Company
Grant Deed $760,000 Lawyers Title Company
Interfamily Deed Transfer -- First Amer Ttl Co Res Div
Grant Deed $694,000 Lawyers Title
Interfamily Deed Transfer -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 New Conventional
Previous Owner $365,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2025 10/14/25 Sold $760,000 +1.6% $312 / Sq Ft
09/22/2025 09/22/25 Pending -- -- --
09/17/2025 09/17/25 For Sale $748,000 +7.8% $307 / Sq Ft
06/18/2018 06/18/18 Sold $694,000 -0.9% $285 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $700,000 -- $287 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $9,450 $762,030 $541,216 $220,814
2024 $9,450 $747,089 $530,604 $216,485
2023 $9,272 $732,441 $520,200 $212,241
2022 $8,850 $718,080 $510,000 $208,080
2021 $9,036 $729,516 $420,471 $309,045
2020 $9,123 $722,037 $416,160 $305,877
2019 $8,771 $707,880 $408,000 $299,880
2018 $3,243 $242,212 $107,649 $134,563
2016 $3,081 $232,809 $103,470 $129,339
2015 $3,040 $229,313 $101,916 $127,397
2014 $3,076 $224,822 $99,920 $124,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25214333

California Regional Multiple Listing Service (CRMLS)

APN: 5117-006-013