$1,529,000
$60K PRICE DROP

Estimated payment $9,909/month

Total Views 1,594
3 Beds
2 Baths
2,780 Sq Ft
$550 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Living Room
  • Bonus Room
  • Oversized Parking
  • Laundry Room

About This Home

Rare Duplex in the City of Angels – LAR3 Zoning – Ideal for Investors or Owner-Users
Opportunity knocks with this well-maintained duplex located near the 10 Fwy and central to all regions of Los Angeles. Featuring a total of 6 bedrooms and 4 bathrooms across two spacious units, this income-producing property offers flexibility, upside, and development potential.

The lower unit includes 3 bedrooms and 2 bathrooms, with multiple private entrances—perfect for extended living or rental configuration. The upper unit offers 3 bedrooms and 2 bathrooms, with great natural light and functional flow. Each unit is equipped with in-unit laundry and separate utility access.

Sitting on a large 7,646 sq ft LAR3 lot, this property presents a potential future development opportunity of up to 9 units (buyer to verify). In addition, the deep lot provides off-street parking and a very generous backyard. Highlights: Approx. 2,780 sq ft building on a 7,646 sq ft lot. LAR3 zoning – ideal for multifamily development. Strong rental upside in a high-demand area. Centrally located near DTLA, Koreatown, USC, and major freeways
Close to schools, public transportation, and new development projects. Whether you're an investor seeking cash flow and appreciation, or an owner-occupant looking to live in one unit while renting the other, this property offers the ideal setup in one of LA’s most dynamic neighborhoods.

Listing Agent

Lee Chou

Century 21 Union Realty Brokerage Phone: 213-321-7942 License #01725918 Listed on: 06/30/2025

Century 21 Union Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,930

Year Built

  • Built in 1910

Lot Details

  • 7,646 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,780 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Bonus Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Oversized Parking
  • Parking Available
  • Automatic Gate
  • Uncovered Parking
  • Parking Lot

Accessible Home Design

  • Accessible Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 105
  • Tax Tract Number 2
  • Assessor Parcel Number 5060006005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,200
  • Professional Management Expense $4,800
  • Water Sewer Expense $2,000
  • New Taxes Expense $24,775
  • Operating Expense $35,300
  • Gross Income $96,000
  • Net Operating Income $60,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,930

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 764500
  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate
  • View: No
  • Water Sewer Expenses: 2000.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5060006005
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 550.00
  • Room Type: Bonus Room, Living Room, Primary Suite

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Oversized, Parking Space, Uncovered

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7646.00
  • Lot Size Acres: 0.1755

Multi Family

  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 7646.0000 Square Feet
  • Net Operating Income: 60700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 35300.00
  • Rent Control: Yes
  • Total Expenses: 35300.00

Tax Info

  • New Taxes Expense: 24775.00
  • Tax Lot: 105
  • Tax Tract Number: 2

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 $18,930 $1,560,600 $1,040,400 $520,200
2024 $18,930 $1,530,000 $1,020,000 $510,000
2023 $18,569 $1,500,000 $1,000,000 $500,000
2022 $12,229 $999,600 $799,680 $199,920
2021 $13,166 $1,073,123 $858,502 $214,621
2020 $13,298 $1,062,121 $849,700 $212,421
2019 $12,779 $1,041,296 $833,040 $208,256
2018 $12,591 $1,020,879 $816,706 $204,173
2016 $12,034 $981,240 $784,994 $196,246
2015 $9,350 $756,000 $605,000 $151,000
2014 $8,336 $655,000 $524,000 $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $1,529,000 -3.8% $550 / Sq Ft
06/30/2025 06/30/25 For Sale $1,589,000 +62.1% $572 / Sq Ft
06/07/2021 06/07/21 Sold $980,000 0.0% $353 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/18/2021 03/18/21 Off Market $980,000 -- --
03/01/2021 03/01/21 Price Changed $999,999 -10.7% $360 / Sq Ft
02/19/2021 02/19/21 For Sale $1,119,500 -- $403 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,500,000 Chicago Title
Interfamily Deed Transfer -- California Best Title
Grant Deed $980,000 California Best Title
Interfamily Deed Transfer -- None Available
Grant Deed $850,000 Fatcola
Grant Deed -- Accommodation
Individual Deed $520,000 Chicago Title Co
Individual Deed $440,000 Fidelity
Grant Deed $270,000 Fidelity National Title Co
Trustee Deed $199,750 Fidelity National Title
Grant Deed $315,000 Stewart Title
Grant Deed $165,000 Title Land Company
Grant Deed $105,000 Progressive Title Company
Grant Deed -- South Coast Title
Trustee Deed $125,234 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,125,000 New Conventional
Previous Owner $735,000 New Conventional
Previous Owner $236,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $355,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $595,000 Fannie Mae Freddie Mac
Previous Owner $416,000 Purchase Money Mortgage
Previous Owner $352,000 Purchase Money Mortgage
Previous Owner $216,000 Purchase Money Mortgage
Previous Owner $252,000 No Value Available
Previous Owner $161,452 FHA
Previous Owner $78,750 No Value Available
Closed $44,000 No Value Available
Closed $104,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25134861

California Regional Multiple Listing Service (CRMLS)

APN: 5060-006-005