$3,600,000

Estimated payment $22,427/month

Total Views 350
13 Beds
26 Baths
16,152 Sq Ft
$223 Price per Sq Ft

Highlights

  • Corner Lot
  • Resident Manager or Management On Site
  • Gated Home

About This Home

RENTAL INCOME: $416,412.00 per year / $34,701.00 per month. Excellent opportunity to acquire a 26-unit apartment building in the Downtown L.A. / South Park area just south of the 10 Freeway. This 3-story, 16,152 sq. ft. building resides on an 8,823 sq. ft. corner lot which consists of thirteen 1 bed/1bath units and thirteen studios. Tremendous upside potential and is perfect for the investor looking to add more units to their portfolio at a low $138,461.00 cost per unit / $222.88 cost per square foot. The building is well taken care of and all units are mastered metered. The property is located several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave. and directly across the street from the Santee Education Complex. Excellent on-site manager / handy man. This asset is positioned in the northwest area of the 90011 zip code and 1.5 miles from the Crypto.com Arena. Large 1,000 sq. ft. plus basement that can potentially be used as laundry area. Seller selects all services.

Listing Agent

Billy Rojas

Ashby & Graff License #01395544 Listed on: 02/19/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 8,823 Sq Ft Lot
  • Lot Dimensions are 60x147
  • Gated Home
  • Corner Lot
  • Corners Of The Lot Have Been Marked

Interior Spaces

  • 16,152 Sq Ft Home
  • 3-Story Property
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 26 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Central Water Heater
  • Phone System
  • Cable TV Available

Community Details

  • 26 Units
  • Rent Control
  • Resident Manager or Management On Site

Listing and Financial Details

  • The owner pays for water, gas, electricity
  • Assessor Parcel Number 5127-016-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

8,823 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 16152
  • Lot Acreage: 0.2025
  • Lot Dimensions: 60x147
  • Price Per Unit: 138461.00
  • Stories: 3
  • Year Built: 1911
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 26.00
  • Equipment: Cable, Range/Oven, Refrigerator, Phone System
  • Price Per S Q F T: 222.88

Exterior Features

  • Other Structures: None

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater
  • Heating: Wall Gas
  • Security: Resident Manager, Gated

Lot Info

  • Assessed Improvement Percent: 80.25
  • Assessed Improvement Value: 3017520
  • Assessed Land Percent: 19.75
  • Assessed Land Value: 742773
  • Total Assessed Value: 3760293
  • Assessor Parcel Number: 5127-016-003
  • Lot Description: Corners Established
  • Lot Location: Corner Lot
  • Lot Size Area: 8823

Rental Info

  • Total Actual Rent: 416412.00
  • Owner Pays: Water, Gas, Electricity
  • Rent Control: Yes
  • Tenant Pays: Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 8.60
  • Number Of Units: 26
  • Rent Control: 100
  • Type Of Units: Apartments
  • 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 $47,240 $3,760,293 $742,773 $3,017,520
2024 $46,588 $3,686,562 $728,209 $2,958,353
2023 $45,710 $3,614,278 $713,931 $2,900,347
2022 $43,637 $3,543,411 $699,933 $2,843,478
2021 $43,043 $3,473,933 $686,209 $2,787,724
2019 $41,785 $3,374,976 $665,856 $2,709,120
2018 $41,608 $3,308,880 $652,800 $2,656,080
2016 $23,936 $1,858,783 $414,213 $1,444,570
2015 $23,606 $1,830,864 $407,992 $1,422,872
2014 -- $1,795,000 $400,000 $1,395,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2026 02/19/26 For Sale $3,600,000 +11.1% $223 / Sq Ft
07/29/2016 07/29/16 Sold $3,240,000 -2.5% $201 / Sq Ft View Prior Sale
05/19/2016 05/19/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $3,323,000 -- $206 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26653873

The MLS

APN: 5127-016-003

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