$1,150,000
PENDING $50K PRICE DROP

Estimated payment $7,289/month

Total Views 3,630
6 Beds
3 Baths
2,300 Sq Ft
$500 Price per Sq Ft

Highlights

  • Granite Countertops
  • Bungalow
  • Outdoor Grill
  • Two Homes on a Lot
  • Energy-Efficient Appliances
  • Wrought Iron Fence

About This Home

****HUGE**** PRICE REDUCTION Seller very motivated !!!!! Gorgeous recently remodeled spacious units locates in the best area of Mid City area of Los Angeles. 3 are better than one and a half, if you know you know.

Listing Agent

Jorge Lopez

Realty One Group United Brokerage Phone: 562-254-7772 License #01220063 Listed on: 03/10/2025

Realty One Group United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,239

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 3,586 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Bungalow
  • Turnkey
  • No Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Panel Doors
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Utilities

  • Wall Furnace
  • Source of electricity is unknown
  • Natural Gas Connected

Additional Features

  • Outdoor Grill
  • Two Homes on a Lot

Listing and Financial Details

  • Legal Lot and Block 14 / C
  • Tax Tract Number 666
  • Assessor Parcel Number 5071021033

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $100
  • Water Sewer Expense $1,500
  • Operating Expense $4,100
  • Gross Income $66,000
  • Net Operating Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,239

Year Built

Built in 1922 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 575000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LARD1.5
  • Architectural Style: Bungalow
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5071021033
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Price Per Square Foot: 500.00
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Direction Faces: East
  • Other Structures: Two On A Lot
  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: None
  • Spa: No

Garage/Parking

  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher
  • Electric: Electricity - Unknown
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Appliances, HVAC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3586.00
  • Lot Size Acres: 0.0823

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 66000.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 3586.0000 Square Feet
  • Net Operating Income: 66000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Rent Control: Yes
  • Total Expenses: 4100.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 2182.20
  • Tax Lot: 14
  • Tax Tract Number: 666

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 $11,239 $935,064 $699,932 $235,132
2024 $11,239 $916,730 $686,208 $230,522
2023 $11,025 $898,755 $672,753 $226,002
2022 $10,516 $881,133 $659,562 $221,571
2021 $10,380 $863,857 $646,630 $217,227
2019 $9,351 $770,100 $612,000 $158,100
2018 $9,269 $755,000 $600,000 $155,000
2016 $6,544 $538,374 $314,388 $223,986
2015 $6,449 $530,288 $309,666 $220,622
2014 $6,478 $519,902 $303,601 $216,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $1,150,000 +4.5% $500 / Sq Ft
03/17/2025 03/17/25 Price Changed $1,100,000 -8.3% $478 / Sq Ft
03/10/2025 03/10/25 For Sale $1,200,000 +40.4% $522 / Sq Ft
09/17/2019 09/17/19 Sold $855,000 +1.2% $453 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $845,000 +11.9% $448 / Sq Ft
10/18/2017 10/18/17 Sold $755,000 -2.6% $400 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $775,000 -- $410 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Equity Title Company
Warranty Deed $855,000 Equity Title Los Angeles
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title Sd
Quit Claim Deed -- Lawyers Title Sd
Grant Deed $755,000 Stewart Title
Grant Deed $588,000 Title 365
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commerce Title
Grant Deed $175,000 First American
Grant Deed $93,500 First American Title Co
Trustee Deed $96,498 First Southwestern Title
Deed $138,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $803,000 New Conventional
Closed $726,525 No Value Available
Previous Owner $348,000 Adjustable Rate Mortgage/ARM
Previous Owner $337,000 Purchase Money Mortgage
Previous Owner $147,000 Unknown
Previous Owner $441,000 Purchase Money Mortgage
Previous Owner $390,000 Stand Alone First
Previous Owner $255,000 New Conventional
Previous Owner $171,268 FHA
Previous Owner $74,800 No Value Available
Previous Owner $138,000 Seller Take Back
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25047713

California Regional Multiple Listing Service (CRMLS)

APN: 5071-021-033