$778,000
$21K PRICE DROP

Estimated payment $4,975/month

Total Views 4,503
6 Beds
3 Baths
2,390 Sq Ft
$326 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Two Homes on a Lot
  • Central Heating and Cooling System
  • No HOA
  • Park
  • Wrought Iron Fence

About This Home

Duplex w/ Vacant Unit + New 2023 Build – Live or Invest!
2,390 sq ft duplex on a 5,377 sq ft lot, with one unit delivered vacant for owner-use or market rent. Front unit: 3 bed/1 bath. Rear unit: 3 bed/2 bath new construction (2023). Separate gas/electric meters. Rear unit has two parking spaces; front unit has private front parking.
Current income: $5,340/month with upside. Close to LAX, DTLA, SoFi Stadium, USC, and major freeways. Strong rental area with steady tenant demand. Don’t miss this versatile investment — schedule your showing today!

Listing Agent

Armando Benitez Medina

REALTY MASTERS & ASSOCIATES, INC. Brokerage Phone: 213-842-6085 License #02026253 Listed on: 06/18/2025

REALTY MASTERS & ASSOCIATES, INC.

Co-Listing Agent

Pilar Restrepo

REALTY MASTERS & ASSOCIATES, INC. Brokerage Phone: 213-842-6085 License #02006197

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,228

Year Built

  • Built in 2023 | Remodeled

Lot Details

  • 5,377 Sq Ft Lot
  • Lot Dimensions are 40'x135'
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Fence is in good condition
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,390 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 35 / A
  • Tax Tract Number 35
  • Assessor Parcel Number 5110026023
  • $339 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $1,800
  • Other Expense $6,408
  • Water Sewer Expense $4,416
  • New Taxes Expense $9,204
  • Operating Expense $23,328
  • Gross Income $57,672
  • Net Operating Income $40,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,228

Year Built

Built in 2023 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.00
  • Price Per Unit: 389000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 4416.00
  • Zoning: LAR2
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5110026023
  • Year Built: 2023
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 325.52

Exterior Features

  • Direction Faces: South
  • Foundation: Pillar/Post/Pier
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Average Condition, Good Condition, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot, Level
  • Lot Size: 40'x135'
  • Lot Size Sq Ft: 5377.00
  • Lot Size Acres: 0.1234

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Operating Income: 57672.00
  • Gross Scheduled Income: 64080.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5377.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 40752.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 16920.00
  • Other Expense: 6408.00
  • Other Expense Description: Vacancy
  • Rent Control: Yes
  • Total Actual Rent: 5340.00
  • Total Expenses: 23328.00
  • Vacancy Allowance: 6408
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 9204.00
  • Tax Block: A
  • Tax Census Tract: 2319.01
  • Tax Lot: 35
  • Tax Tract Number: 35
  • TaxOtherAnnualAssessmentAmount: 339.00

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 $9,228 $754,290 $520,200 $234,090
2024 $9,228 $739,500 $510,000 $229,500
2023 $5,483 $428,877 $273,409 $155,468
2022 $5,234 $420,469 $268,049 $152,420
2021 $5,163 $412,226 $262,794 $149,432
2020 $5,199 $364,140 $260,100 $104,040
2019 $4,495 $357,000 $255,000 $102,000
2018 $4,414 $350,000 $250,000 $100,000
2016 $3,964 $315,916 $191,506 $124,410
2015 $3,908 $311,172 $188,630 $122,542
2014 $3,932 $305,077 $184,935 $120,142
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Price Changed $778,000 -0.1% $326 / Sq Ft
06/30/2025 06/30/25 Price Changed $779,000 -2.5% $326 / Sq Ft
06/18/2025 06/18/25 For Sale $799,000 +128.3% $334 / Sq Ft
07/11/2017 07/11/17 Sold $350,000 -2.8% $205 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/08/2017 06/08/17 Price Changed $359,900 -4.0% $211 / Sq Ft
05/18/2017 05/18/17 Price Changed $375,000 -1.1% $220 / Sq Ft
04/21/2017 04/21/17 Price Changed $379,000 -2.6% $222 / Sq Ft
03/31/2017 03/31/17 Price Changed $389,000 -1.5% $228 / Sq Ft
03/28/2017 03/28/17 For Sale $395,000 -- $231 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Accommodation/Courtesy Recordi
Grant Deed $674,000 Wfg National Title
Gift Deed -- Wfg National Title
Deed -- Wfg National Title
Grant Deed $350,000 Stewart Title Of Ca Inc
Grant Deed -- None Available
Trustee Deed -- Fidelity Van Nuys
Interfamily Deed Transfer -- None Available
Grant Deed $500,000 Ugtic Diamond Bar
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,636 FHA
Previous Owner $400,000 Balloon
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25136652

California Regional Multiple Listing Service (CRMLS)

APN: 5110-026-023