$1,249,500
$1M PRICE INCREASE

Estimated payment $7,476/month

Total Views 579
4 Beds
4 Baths
1,984 Sq Ft
$630 Price per Sq Ft

About This Home

LOCATION...LOCATION ..... Don't missed this great opportunity to own an income property...Great investment located near to Korea-Town between Venice Blvd and Washington Blvd. this property has a great location close to FWYS 101 and 10fwy is perfect for investor who is looking for good income, from unit 2 bedrooms and 1 bathrooms, 2 units 1 bedroom and 1 bathroom and the 4 unit a single..each unit has own Gas meter, Electric meter, Don't miss this great opportunity .

Listing Agent

Bulmaro Jarquin

Oax Realty Inc. Brokerage Phone: 818-903-5856 License #02021160 Listed on: 05/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,831

Year Built

  • Built in 1903

Lot Details

  • 4,607 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 16

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $122
  • Water Sewer Expense $140
  • New Taxes Expense $739
  • Operating Expense $1,001
  • Gross Income $75,600
  • Net Operating Income $63,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,831

Year Built

Built in 1903

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 312375
  • Property Attached: Yes
  • Water Sewer Expenses: 140.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Street
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 629.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4607.00
  • Lot Size Acres: 0.1058

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 122.00
  • Lot Size Area: 4607.0000 Square Feet
  • Net Operating Income: 63588.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12012.00
  • Rent Control: Yes
  • Total Expenses: 1001.00

Tax Info

  • New Taxes Expense: 739.00
  • Tax Lot: 16
  • Tax Tract Number: 16

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 $9,831 $803,168 $642,536 $160,632
2024 $9,831 $787,421 $629,938 $157,483
2023 $9,647 $771,983 $617,587 $154,396
2022 $9,208 $756,847 $605,478 $151,369
2021 $9,089 $742,007 $593,606 $148,401
2019 $3,791 $298,605 $194,746 $103,859
2018 $3,690 $292,751 $190,928 $101,823
2016 $3,513 $281,385 $183,515 $97,870
2015 $3,463 $277,159 $180,759 $96,400
2014 -- $271,731 $177,219 $94,512
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2025 05/10/25 For Sale $124,900 -- $63 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $720,000 Usa National Title Company
Interfamily Deed Transfer -- Usa National Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity
Interfamily Deed Transfer -- Fidelity
Interfamily Deed Transfer -- --
Grant Deed $235,000 Stewart Title
Gift Deed -- --
Gift Deed -- --
Grant Deed $145,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $432,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $330,000 Fannie Mae Freddie Mac
Previous Owner $20,000 Credit Line Revolving
Previous Owner $238,399 FHA
Previous Owner $231,369 FHA
Previous Owner $142,894 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25104533

California Regional Multiple Listing Service (CRMLS)

APN: 5075-019-031