$999,900

Estimated payment $7,755/month

Total Views 345
4 Beds
2 Baths
1,689 Sq Ft
$592 Price per Sq Ft

About This Home

Incredible investment opportunity just minutes from USC! This charming duplex offers two units, 2-BED, 1-BATH each. Perfect for owner-occupants or savvy investors. Nestled in the city of Los Angeles. The property features a spacious lot with plenty of potential for future enhancements or additional structures (buyer to verify). With ample space and a location that is perfect for redevelopment. Add more units to maximize your investment. Seize the chance to transform this property into a multi-unit masterpiece. The possibilities are endless in this rapidly evolving neighborhood. A detached garage offers secure parking or potential for ADU conversion. Located in close proximity to the University of Southern California, Exposition Park, public transit, and major freeways — this is an ideal location for student housing, long-term tenants, or multi-generational living. Don’t miss your chance to own in one of LA’s most sought-after rental markets!

Listing Agent

Carmen Lopez

Pacific Coast Realty Brokerage Phone: 818.858.9170 License #02046007 Listed on: 08/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,804

Year Built

  • Built in 1925

Lot Details

  • 6,759 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,689 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 23 / 3
  • Assessor Parcel Number 5052017025
  • $22,875 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $6,000
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,804

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 499950
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5052017025
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 592.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6759.00
  • Lot Size Acres: 0.1552

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6759.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: Yes
  • Total Expenses: 6000.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 2214.01
  • Tax Lot: 23
  • TaxOtherAnnualAssessmentAmount: 22875.00

Map

Range of Values:

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Average Value
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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 $27,804 $426,515 $319,892 $106,623
2024 $27,804 $418,153 $313,620 $104,533
2023 $27,708 $409,955 $307,471 $102,484
2022 $27,477 $401,918 $301,443 $100,475
2021 $27,407 $394,038 $295,533 $98,505
2019 $27,264 $382,352 $286,768 $95,584
2018 $16,130 $374,856 $281,146 $93,710
2016 $4,433 $360,302 $270,230 $90,072
2015 $4,369 $354,891 $266,171 $88,720
2014 $4,396 $347,941 $260,958 $86,983
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Price Changed $999,900 +0.1% $592 / Sq Ft
08/27/2025 08/27/25 For Sale $999,000 -- $591 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $300,000 Lawyers Title
Grant Deed $216,500 Fidelity
Interfamily Deed Transfer -- Fidelity
Grant Deed -- First American Title Co
Trustee Deed $165,310 Benefit Land Title Ins Co
Grant Deed $135,000 Chicago Title Co
Trustee Deed $90,000 Lawyers Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 Negative Amortization
Closed $12,000 Stand Alone Second
Closed $450,500 Balloon
Closed $365,500 Unknown
Closed $240,000 Purchase Money Mortgage
Previous Owner $205,296 No Value Available
Previous Owner $133,482 FHA
Previous Owner $85,000 No Value Available
Closed $60,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25193502

California Regional Multiple Listing Service (CRMLS)

APN: 5052-017-025