$1,775,000

Estimated payment $10,233/month

Total Views 3,828
8 Beds
8 Baths
5,532 Sq Ft
$321 Price per Sq Ft

Highlights

  • City View
  • East Facing Home
  • 1-Story Property

About This Home

Incredible opportunity in a prime Los Feliz adjacent location. Large property of close to 12,000 SF of land, offers many opportunities. There are currently 8 units spread over 3 bungalow style structures with 8 on site parking spaces. With a current cap rate of 5.89% and approximately 42% upside in existing rents, offering a cap rate of 9.4% at market rents. The large lot has potential for up to 6 ADUs or more, which would raise the cap rate to above 10%! Tenants pay their own trash, keeping expenses low. The large lot, zoned LAR3 also offers potential for ground up development.

Listing Agent

Shaya Lowenstein

Lyon Stahl Investment Real Estate, Inc. License #01942326 Listed on: 05/15/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,739

Year Built

  • Built in 1924

Lot Details

  • 0.27 Acre Lot
  • East Facing Home

Property Views

  • City
  • Mountain

Interior Spaces

  • 5,532 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5544-010-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,739

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5532
  • Lot Acreage: 0.2667
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Common Walls: Attached
  • Total Bathrooms: 8.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 320.86

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • View: Mountains, City
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 8

Utilities

  • Electric Expense: 1200.00
  • Heating: Wall Gas
  • Water Expense: 6000.00
  • Water Heaters: Yes

Condo/Co-op/Association

  • Professional Management: 6000.00

Fee Information

  • Insurance Expense: 5000.00
  • Maintenance Expense: 4000.00

Lot Info

  • Assessed Improvement Percent: 0.36
  • Assessed Improvement Value: 1536
  • Assessed Land Percent: 99.64
  • Assessed Land Value: 425830
  • Total Assessed Value: 427366
  • Assessor Parcel Number: 5544-010-011
  • Lot Size Area: 11616

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.95
  • Number Of Units: 8
  • Total Annual Expense: 43900
  • Type Of Units: 8
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 20500.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $6,739 $467,381 $465,704 $1,677
2024 $6,739 $458,218 $456,573 $1,645
2023 $6,630 $449,234 $447,621 $1,613
2022 $6,365 $440,427 $438,845 $1,582
2021 $6,264 $431,792 $430,241 $1,551
2019 $6,104 $418,987 $417,481 $1,506
2018 $5,968 $410,773 $409,296 $1,477
2016 $5,448 $394,824 $393,403 $1,421
2015 $5,377 $388,894 $387,494 $1,400
2014 $5,450 $381,277 $379,904 $1,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $1,775,000 -- $321 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 Commercial
Previous Owner $510,000 Future Advance Clause Open End Mortgage
Previous Owner $71,000 Commercial
Source: Public Records

Similar Homes in the area

  • 4301 Melbourne Ave, Los Angeles, CA 90027

    $1,990,000

    • 6 Beds
    • 6 Baths
    • 3,986 Sq Ft
    • 4301 Melbourne Ave
    • Los Angeles, CA

    Beautiful 1929 Sixplex, with significant ADU potential, in prime Los Feliz location. The property boasts a sunny South-facing corner lot with excellent exposure. Ideal for investors and 1031 exchange buyers. Each one-bedroom/one-bath unit comes with its own garage space. Possible Opportunity to add two, 2-bedroom, ADU's above the existing garage. Located within the highly ranked and sought after

    Dennis Chernov The Agency

    Section Image
  • 4124 Los Feliz Blvd, Los Angeles, CA 90027

    $2,095,000

    • 6 Beds
    • 5,138 Sq Ft
    • 4124 Los Feliz Blvd
    • Los Angeles, CA

    We are pleased to present a rare opportunity to acquire a striking and character-rich 6-unit apartment building in the heart of the highly sought-after Los Feliz neighborhood. Known affectionately as “The Pink Castle,” this generational asset offers timeless architecture and strong upside potential. Each unit is an oversized 1-bedroom + den layout, approximately 860 square feet, featuring

    David Nalbandyan LA Premier Realty

    Section Image
  • 2313 Glendale Blvd, Los Angeles, CA 90039

    $1,895,000

    • 6 Beds
    • 3,954 Sq Ft
    • 2313 Glendale Blvd
    • Los Angeles, CA

    R3 ZONED SILVER LAKE GEM – SIX UNITS + DEVELOPMENT POTENTIAL!!! Unlock exceptional value and future opportunity with this rare income-generating 6-unit property in the heart of Silver Lake, one of Los Angeles’ most coveted and vibrant neighborhoods! Just a short stroll from the scenic Silver Lake Reservoir, lush meadows, and the community-favorite dog park, this property delivers the perfect

    David Sevanian Keller Williams VIP Properties

    Section Image
  • 1716 W 45th St, Los Angeles, CA 90062

    $1,745,000

    • 7 Beds
    • 6 Baths
    • 5,464 Sq Ft
    • 1716 W 45th St
    • Los Angeles, CA

    5-UNIT COMPLEX! Stylish cosmetic remodel with new hardwood laminate flooring throughout, kitchens, bathrooms, and fixtures. New roof and plenty of parking. Two-story Spanish 4plex with a detached 3 bedroom house (City records show 2 bed). Submit your best offer. Great access to Downtown L.A, and other major City hubs. West of Western, South of Vernon, North of Slauson. 1 unit is currently

    Koeun Hwang Happy Haus Inc.

    Section Image
  • 4045 Dennison St, Los Angeles, CA 90023

    $1,599,800

    • 9 Beds
    • 6 Baths
    • 3,649 Sq Ft
    • 4045 Dennison St
    • Los Angeles, CA

    Introducing 4045 Dennison Street, an exceptional four-unit investment opportunity situated on a prominent corner lot in the heart of Los Angeles. This income-generating property features a unique layout consisting of a duplex and two detached single-family residences, offering both privacy and flexibility for owner-occupants or savvy investors. One unit will be delivered vacant, making it an

    Herb Diaz PLF Real Estate Solutions

    Section Image
  • 3523 S Sepulveda Blvd, Los Angeles, CA 90034

    $1,740,000

    • 8 Beds
    • 5 Baths
    • 4,378 Sq Ft
    • 3523 S Sepulveda Blvd
    • Los Angeles, CA

    Location, Location, Location! Fantastic 5 unit bread and butter investment. Currently rents are below market! Prime West LA Location along the Sepulveda Corridor. 405 and 10 Freeway down the street! 7 miles from LAX. RETROFIT has been completed! S Sepulveda Blvd. is a major thoroughfare in Los Angeles, California, known for its convenient access to the Interstate 405 (I-405) freeway,

    Poupee Komenkul Rodeo Realty

    Section Image
  • 13838 Vanowen St, van Nuys, CA 91405

    $1,495,000

    • 6 Beds
    • 8 Baths
    • 3,796 Sq Ft
    • 13838 Vanowen St
    • van Nuys, CA

    Pleased to bring to market a prime Van Nuys Fourplex that is NOT subject to LA Rent Control (RSO), built in 1989 with Central HVAC and four townhouse-style units spanning over 3,800 SF. Furthermore, Buyer will receive approved plans for a Two (2) Bedroom ADU without losing any existing parking, offering a substantial Value-Add Opportunity immediately. Strategically located near major employment

    David Nalbandyan LA Premier Realty

    Section Image
  • 1200 N Kenmore Ave, Los Angeles, CA 90029

    $1,399,000

    • 6 Beds
    • 6 Baths
    • 5,128 Sq Ft
    • 1200 N Kenmore Ave
    • Los Angeles, CA

    Welcome to 1200 N. Kenmore Ave, a well-maintained six-unit multifamily property situated on a desirable corner lot offering a prime investment opportunity in the heart of East Hollywood. This two-story gated building spans 5,128sqft. on a generous 7,000sqft. lot, featuring 2 - 2 bedrooms, 2 - 1 bedroom and 2 studios with 6 bathrooms in total. All six units are currently leased to

    Christina Balian Pinnacle Estate Properties

    Section Image
  • 1151 N Kingsley Dr, Los Angeles, CA 90029

    $1,495,000

    • 8 Beds
    • 8 Baths
    • 6,458 Sq Ft
    • 1151 N Kingsley Dr
    • Los Angeles, CA

    Great opportunity with rental upside in a Qualified Opportunity Zone.This 8-unit 1BR/1BA multifamily property is in East Hollywood. Ideal for 1031 exchange buyers or long-term investors seeking future growth. Each unit averages 913 SF, offering strong potential for adding value. Fully occupied with stable tenants, featuring low-maintenance operations and separately metered. Prime location near

    Ilgun Han Choice 100 Realty, Inc.

    Section Image

Source: The MLS

MLS Number: 25539067

The MLS

APN: 5544-010-011