$2,280,000
$300K PRICE DROP

Estimated payment $14,141/month

Total Views 6,822
16 Beds
8 Baths
7,112 Sq Ft
$321 Price per Sq Ft

Highlights

  • 0.33 Acre Lot
  • Corner Lot
  • Balcony
  • Contemporary Architecture
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

*** Excellent Location. *** Large Lot. Nearby California State University Los Angeles and Downtown LA. Decent Great Single family Residence surrounding areas. Easy to access Freeway 10. Two four-plex buildings, total 8 x 2 bed/1 bath units plus 4 Double Car Garages and Plenty parking space. Individual water heater in the unit. There are Laundry Hook up for Each Unit. Fully occupied. Rare opportunity for Investor. The property provides immediate stability while offering tremendous value-add potential for future ownership. Drive By Only ! Do not Disturb Tenants.

Listing Agent

Susan Wang

IRN Realty Brokerage Phone: 626-327-4881 License #01055458 Listed on: 05/17/2026

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 14,407 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot
  • Density is 11-15 Units/Acre

Parking

  • 8 Open Parking Spaces
  • 8 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Apartment
  • Entry on the 1st floor
  • Turnkey
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 7,112 Sq Ft Home
  • 2-Story Property
  • Brick Wall or Ceiling
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 288
  • Tax Tract Number 8115
  • Assessor Parcel Number 5352033023
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $50
  • Furniture Replacement Expense $2,500
  • Gardener Expense $3,000
  • Insurance Expense $8,301
  • Maintenance Expense $8,853
  • Other Expense $800
  • Pest Control $371
  • Supplies Expense $387
  • Trash Expense $3,180
  • Water Sewer Expense $4,777
  • New Taxes Expense $31,000
  • Operating Expense $63,444
  • Gross Income $171,000
  • Net Operating Income $107,556

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0.33 Acres

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 4.70
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Supplies Expense: 387.00
  • View: No
  • Water Sewer Expenses: 4777.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 5352033023
  • Year Built: 1946
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Unfurnished, Brick Walls
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 320.58

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Driveway
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Pest Control Expense: 371.00
  • Sewer: Public Sewer
  • Trash Expense: 3180.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Corner Lot, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14407.00
  • Lot Size Acres: 0.3307

Multi Family

  • Electric Expense: 50.00
  • Furniture Replacement Expense: 2500.00
  • Gross Income: 171000.00
  • Gross Multiplier: 13.33
  • Gross Scheduled Income: 171000.00
  • Insurance Expense: 8301.00
  • Lot Size Area: 14407.0000 Square Feet
  • Maintenance Expense: 8853.00
  • Net Operating Income: 107556.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 63444.00
  • Other Expense: 800.00
  • Other Expense Description: CPA
  • Rent Control: No
  • Total Actual Rent: 14250.00
  • Total Expenses: 63444.00

Tax Info

  • New Taxes Expense: 31000.00
  • Tax Lot: 288
  • Tax Tract Number: 8115

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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 $20,610 $1,507,254 $904,354 $602,900
2024 $20,002 $1,477,701 $886,622 $591,079
2023 $20,001 $1,448,728 $869,238 $579,490
2022 $19,120 $1,420,323 $852,195 $568,128
2021 $18,910 $1,392,475 $835,486 $556,989
2019 $18,292 $1,351,175 $810,706 $540,469
2018 $18,242 $1,324,682 $794,810 $529,872
2016 $16,785 $1,273,246 $763,948 $509,298
2015 $16,547 $1,254,121 $752,473 $501,648
2014 $16,379 $1,229,556 $737,734 $491,822
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2026 07/25/26 Price Changed $2,280,000 -4.2% $321 / Sq Ft
07/10/2026 07/10/26 Price Changed $2,380,000 -7.8% $335 / Sq Ft
05/17/2026 05/17/26 For Sale $2,580,000 +115.0% $363 / Sq Ft
05/17/2012 05/17/12 Sold $1,200,000 -2.0% $169 / Sq Ft View Prior Sale
02/21/2012 02/21/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $1,225,000 -- $172 / 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
Gift Deed -- Accommodation/Courtesy Recordi
Interfamily Deed Transfer -- None Available
Grant Deed $1,200,000 First American Title Company
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
Previous Owner $500,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26106115

California Regional Multiple Listing Service (CRMLS)
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