$800,000

Estimated payment $4,613/month

7 Beds
3 Baths
2,264 Sq Ft
$353 Price per Sq Ft

Highlights

  • Neighborhood Views
  • Level Lot
  • 1-Story Property
  • Laundry Room
  • Wall Furnace

About This Home

Introducing a remarkable investment opportunity—a versatile triplex perfect for investors or owner-users. The front unit is a newly remodeled 2-bed, 1-bath space, which is ready for immediate occupancy or tenancy. The middle unit, also remodeled, is currently rented for $2,420 under a Section 8 agreement, offering stable income. At the rear, a charming standalone 3-bed, 1-bath home includes in-unit laundry, rented for $1,822 to a Section 8 tenant. With the front unit rented, this triplex achieves an IMPRESSIVE 7.7% CAP RATE. Priced attractively at a 10 GROSS RENT MULTIPLIER, it yields an 8.1% ANNUAL ROI with just 25% down. For owner-users, this is an unbeatable opportunity to reside in the front unit while the rental income from the other units covers most of your mortgage and expenses. Seize this chance to own a property with separate meters and strong financials!

Listing Agent

Gregory Roberts

Coldwell Banker Realty Brokerage Phone: 310-686-6119 License #01376549 Listed on: 05/16/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,105 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,264 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 113
  • Tax Tract Number 1889
  • Assessor Parcel Number 6022012024

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $10,000
  • Operating Expense $16,000
  • Gross Income $80,064
  • Net Operating Income $61,662

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

5,105 Sq Ft Lot

Listing Details

  • CapRate: 7.70
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6022012024
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 353.36

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5105.00
  • Lot Size Acres: 0.1172

Rental Info

  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Gross Income: 80064.00
  • Gross Multiplier: 10.00
  • Gross Operating Income: 77662.00
  • Gross Scheduled Income: 80064.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 5105.0000 Square Feet
  • Net Operating Income: 61662.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16000.00
  • Rent Control: Yes
  • Total Expenses: 16000.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 113
  • Tax Tract Number: 1889

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 $4,161 $329,147 $200,201 $128,946
2024 $4,161 $322,694 $196,276 $126,418
2023 $4,085 $316,368 $192,428 $123,940
2022 $3,900 $310,165 $188,655 $121,510
2021 $3,849 $304,084 $184,956 $119,128
2020 $3,884 $300,967 $183,060 $117,907
2019 $3,737 $295,067 $179,471 $115,596
2018 $3,660 $289,282 $175,952 $113,330
2016 $3,491 $278,050 $169,120 $108,930
2015 $3,442 $273,874 $166,580 $107,294
2014 $3,465 $268,510 $163,317 $105,193
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2026 05/16/26 For Sale $800,000 -- $353 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $255,000 Calcounties Title Nation Co
Grant Deed -- Provident Title Company
Grant Deed $115,000 Landsafe Title Of California
Trustee Deed $411,885 Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $520,000 Investors Title Company
Interfamily Deed Transfer -- Southland Title
Grant Deed $350,000 Southland Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $250,381 FHA
Previous Owner $110,000 Future Advance Clause Open End Mortgage
Previous Owner $104,000 Stand Alone Second
Previous Owner $416,000 Balloon
Previous Owner $70,000 Stand Alone Second
Previous Owner $280,000 Purchase Money Mortgage
Previous Owner $280,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26107230

California Regional Multiple Listing Service (CRMLS)

APN: 6022-013-023

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