$1,399,000

2503 Cincinnati St Los Angeles, CA 90033

Estimated payment $9,059/month

Total Views 2,126
4 Beds
3 Baths
3,626 Sq Ft
$386 Price per Sq Ft

Highlights

  • Property is near public transit
  • Bungalow
  • Chain Link Fence
  • Felicitas and Gonzalo Mendez High Rated A-
  • Tile Flooring
  • Wall Furnace

About This Home

This 5-unit property consists of four structures: a duplex at the corner of Cincinnati St and Fickett, and three separate units in the same lot. All three units are 3 bedrooms. The duplex has a commercial unit and an SFR attached to it. There are three parking spaces available.
All units are in good condition, and four are currently rented out by good tenants. There is an additional storage unit being rented out for additional income behind the middle unit. PROPERTY is zoned as C1, and it is considered Mixed Use Residential-Commercial.
Great investment property close to transportation, shopping, schools, and entertainment.

Listing Agent

SERGIO E. RAMOS

PREMIER REALTY ASSOCIATES Brokerage Email: SERGIO.REALESTATE@YAHOO.COM License #01054068 Listed on: 06/23/2025

PREMIER REALTY ASSOCIATES

Co-Listing Agent

YOLANDA SUMMEROUR

PREMIER REALTY ASSOCIATES Brokerage Email: SERGIO.REALESTATE@YAHOO.COM License #00982013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 7,004 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 3,626 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 18 / 11
  • Tax Tract Number 203720
  • Assessor Parcel Number 5177029016
  • $1,019 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,120
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,904
  • Operating Expense $15,424
  • Gross Income $113,496
  • Net Operating Income $98,072

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • CapRate: 7.00
  • Improvements Amount: 276003
  • Improvements Percent: 37.00
  • Price Per Unit: 279800
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAC1
  • Architectural Style: Bungalow
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5177029016
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: street
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile
  • Entry Level: 1
  • Fireplace Features: Living Room, Electric, Gas
  • Levels: One
  • Price Per Square Foot: 385.82
  • Room Type: Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: No
  • 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
  • Land Value: 464776
  • Land Value Percent: 63.00
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Sq Ft: 7004.00
  • Lot Size Acres: 0.1608

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Multiplier: 12.00
  • Gross Operating Income: 113496.00
  • Gross Scheduled Income: 113496.00
  • Gross Spendable Income: 98072.00
  • Insurance Expense: 3120.00
  • Lot Size Area: 7004.0000 Square Feet
  • Net Operating Income: 98072.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Carpet: 4
  • Operating Expense: 15424.00
  • Operating Expense Percent: 13.50
  • Rent Control: Yes
  • Total Actual Rent: 9458.00
  • Total Expenses: 15424.00

Tax Info

  • New Taxes Expense: 9904.00
  • Tax Block: 11
  • Tax Census Tract: 2037.20
  • Tax Lot: 18
  • Tax Tract Number: 203720
  • TaxOtherAnnualAssessmentAmount: 1019.00

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

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $1,399,000 -- $386 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25141073

California Regional Multiple Listing Service (CRMLS)