$5,195,000
$100K PRICE DROP

Estimated payment $32,247/month

Total Views 13,651
27 Beds
27 Baths
13,982 Sq Ft
$372 Price per Sq Ft

Highlights

  • 0.43 Acre Lot
  • Midcentury Modern Architecture
  • Carport
  • Franklin Avenue Elementary Rated A-
  • Intercom

About This Home

Amazing Seller Financing Available. Rare offering in the heart of Los Feliz strong rental market to acquire a value-add 16 units. Great unit mix of 2bed 2 bath and 1 bed. 16 parking. Several ADU Opportunities via SB 1211 to increase income. 50% of the units have good upside in rental through interior renovation. Stabilized metrics pencil at a 7% CAP. All Units have large bedrooms, living area and natural light. Beautifully maintained mid-century 2 stories courtyard building centered around a sparkling in-ground pool. A few blocks away from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and all the shopping Los Feliz has to offer.

Listing Agent

Jessica Barouch

Keller Williams Studio City License #01379495 Listed on: 09/03/2025

Keller Williams Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.43 Acre Lot

Home Design

  • Midcentury Modern Architecture
  • Split Level Home

Interior Spaces

  • 13,982 Sq Ft Home
  • 2-Story Property
  • Intercom
  • Oven or Range

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 27 Bathrooms

Parking

  • 16 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 5590-007-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.43 Acres

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 13982
  • Lot Acreage: 0.4295
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 27
  • Common Walls: Attached
  • Total Bathrooms: 27.00
  • Equipment: Range/Oven, Intercom, Refrigerator
  • Price Per S Q F T: 371.55

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached, Carport Attached
  • Total Parking: 16

Utilities

  • Cooling: Wall/Window, Window Unit(s)
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 31.37
  • Assessed Improvement Value: 1664640
  • Assessed Land Percent: 68.63
  • Assessed Land Value: 3641400
  • Total Assessed Value: 5306040
  • Assessor Parcel Number: 5590-007-032
  • Lot Size Area: 18708

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 16
  • Type Of Units: 16
  • Vacancy Allow Percent: 3.00

Map

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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 $66,141 $5,412,160 $3,714,228 $1,697,932
2024 $66,141 $5,306,040 $3,641,400 $1,664,640
2023 $64,878 $5,202,000 $3,570,000 $1,632,000
2022 $13,440 $941,649 $544,068 $397,581
2021 $13,209 $923,186 $533,400 $389,786
2019 $12,865 $896,426 $517,580 $378,846
2018 $12,494 $878,862 $507,432 $371,430
2016 $11,756 $844,141 $487,729 $356,412
2015 $11,607 $831,462 $480,403 $351,059
2014 $11,751 $815,176 $470,993 $344,183
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Price Changed $5,195,000 -1.9% $372 / Sq Ft
09/03/2025 09/03/25 For Sale $5,295,000 -- $379 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25583881

The MLS

APN: 5590-007-032

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