$688,000
$82K PRICE DROP

Estimated payment $4,272/month

Total Views 214,558
4 Beds
2 Baths
1,664 Sq Ft
$413 Price per Sq Ft

Highlights

  • No Units Above
  • Level Lot
  • 1-Story Property
  • Laundry Room
  • Back and Front Yard
  • 3-minute walk to Simon Rodia State Historic Park

About This Home

Excellent location, located north of Imperial Highway, East of Harbor Fwy, walk across from Watts Towers Art Center. minutes away from Martin Luther King Jr. Community Hospital, Magic Johnson Park. quick access to Hollywood Park. and LAX.
Recently up-graded, Two units with lot of space to expend. both units have long term residents. stable income room for improvement for two-bedroom one bath. total 1664 Square Feet about 832 Square Feet per unit, laundry hookup for each unit, well maintained. with plenty of parking spaces.
Motivated seller, Steady income, great income property, annual rent $44,928, monthly $3,744

Listing Agent

Patsy Chan

FAIRMATE INC. Brokerage Phone: 626-673-5344 License #01126323 Listed on: 03/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,275

Year Built

  • Built in 1959

Lot Details

  • 6,242 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Level Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 358
  • Tax Tract Number 132
  • Assessor Parcel Number 6065032032
  • $580 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Operating Expense $2,000
  • Gross Income $40,928
  • Net Operating Income $40,928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,275

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Other Phone Description: manager office
  • Other Phone Number: 626-338-6688
  • Price Per Unit: 344000
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6065032032
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: street level
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Entry Level: 1
  • Price Per Square Foot: 413.46

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street
  • Lot Size Sq Ft: 6242.00
  • Lot Size Acres: 0.1433

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 40928.00
  • Gross Scheduled Income: 44928.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6242.0000 Square Feet
  • Net Operating Income: 40928.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4000.00
  • Rent Control: Yes
  • Total Actual Rent: 3744.00
  • Total Expenses: 2000.00

Tax Info

  • Tax Census Tract: 2427.00
  • Tax Lot: 358
  • Tax Tract Number: 132
  • TaxOtherAnnualAssessmentAmount: 580.00

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 $7,275 $568,910 $341,347 $227,563
2024 $7,275 $557,755 $334,654 $223,101
2023 $7,139 $546,820 $328,093 $218,727
2022 $6,819 $536,099 $321,660 $214,439
2021 $6,731 $525,588 $315,353 $210,235
2020 $6,794 $520,200 $312,120 $208,080
2019 $6,534 $510,000 $306,000 $204,000
2018 $5,128 $390,000 $270,000 $120,000
2017 $2,898 $204,871 $61,739 $143,132
2016 $2,733 $200,855 $60,529 $140,326
2015 $2,691 $197,839 $59,620 $138,219
2014 $2,705 $193,965 $58,453 $135,512
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Price Changed $688,000 -10.6% $413 / Sq Ft
03/09/2025 03/09/25 For Sale $770,000 +54.0% $463 / Sq Ft
05/01/2018 05/01/18 Sold $500,000 -5.7% $300 / Sq Ft
04/07/2018 04/07/18 For Sale $530,000 +6.0% $319 / Sq Ft
04/04/2018 04/04/18 Off Market $500,000 -- --
04/04/2018 04/04/18 For Sale $530,000 +6.0% $319 / Sq Ft
04/03/2018 04/03/18 Off Market $500,000 -- --
03/12/2018 03/12/18 For Sale $530,000 -- $319 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $500,000 Lawyers Title Company
Interfamily Deed Transfer -- Chicago Title
Grant Deed $300,000 Chicago Title
Grant Deed $335,000 Layyers Title Insurance Co
Gift Deed -- Commonwealth Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,000 Purchase Money Mortgage
Previous Owner $84,000 Credit Line Revolving
Previous Owner $176,000 Unknown
Previous Owner $108,000 No Value Available
Source: Public Records

About the Listing Agent

Patsy Chan

FAIRMATE INC.

(844) 820-0646

Section Image

I'm an expert Real Property Management Fairmate. in WEST COVINA, CA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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    • 1,875 Sq Ft
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    high-end Condo, built in 1979, three stories, Gated, 2 parking spaces, on Lake Ave.; two bedrooms plus loft, three balconies, laundry inside of the unit. HOA community with 18 units.Located in the heart of Pasadena financial district, on Lake Ave., a step south of California Blvd., on top of a three-story high condo community. Build in 1979, well kept, open floor plan, with fireplace,

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    Section Image
  • 212 S Berendo St, Los Angeles, CA 90004

    $1,525,000 Sold Aug 28, 2025

    • 16 Beds
    • 8 Baths
    • 6,680 Sq Ft
    • 212 S Berendo St
    • Los Angeles, CA

    great location north of Korea Town, south of Hollywood, East of Central LA & Hancock Park, two story building, 6,680 SF living space, 8955 SF Lot size; Fully occupied, Re-Roof 2021; 8 units long term tenants, all two bedrooms one bath, high ceiling; large space in back of lot; need to cooperate with seller 1031 exchange schedule. All information provided are from public source, Buyer to do

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25051997

California Regional Multiple Listing Service (CRMLS)

APN: 6065-032-032