$1,345,000
$50K PRICE DROP

2525 Thurman Ave Los Angeles, CA 90016

West Adams Neighborhood

Estimated payment $8,182/month

Total Views 1,942
8 Beds
4 Baths
2,444 Sq Ft
$550 Price per Sq Ft

Highlights

  • Fireplace in Bathroom
  • Wood Flooring
  • Double Pane Windows
  • Marvin Avenue Elementary School Rated 9+
  • Quartz Countertops
  • Bathtub with Shower

About This Home

Price Improvement - 2 OF THE 4 UNITS ARE VACANT REMODELED UNITS. Great Owner User Opportunity. Partially remodeled 4-unit property +/- 2 miles from Downtown Culver City. Unit Mix consists of Four 2-bedroom 1-bathroom units. Property records show Four 1-bedroom / 1-Bathroom units. Property has been partially rehabbed recently; 2 of the units are fully remodeled, remaining 2 units are tenant occupied. Each unit comes with a single garage space at the rear of the property. PLEASE DO NOT DISTURB THE TENANTS AND NO ROAMING OF THE PREMISES UNLESS LISTING AGENT ACCOMPANIES YOU. Thank you for your consideration.

Listing Agent

Eddie Safa

AXES Group Inc License #01384205 Listed on: 01/30/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 5,931 Sq Ft Lot
  • East Facing Home

Parking

  • 4 Car Garage

Home Design

  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Stucco

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Quartz Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms
  • Fireplace in Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Utilities

  • Property is located within a water district
  • Multi-Tank Gas Water Heater
  • Sewer in Street

Community Details

  • 4 Units
  • Community Mailbox
  • Rent Control

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5048-005-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1947 | Remodeled

Lot Details

5,931 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Floor: 2
  • Entry Location: Ground Level w/steps
  • Living Area: 2444
  • Lot Acreage: 0.1362
  • Price Per Unit: 349750.00
  • Probate: No
  • Property Condition: Updated/Remodeled, Repair Cosmetic
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Common Walls
  • Number Carpet: 0
  • Number Dishwasher: 0
  • Number Disposal: 4
  • Fireplace Rooms: Bath, Kitchen, Living Room
  • Flooring: Hardwood, Laminate
  • Bedrooms: 8
  • Common Walls: Attached
  • Bathroom Features: Low Flow Toilet(s), Shower and Tub, Remodeled
  • Kitchen Features: Quartz Counters
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Gas Or Electric Dryer Hookup
  • Inclusions: Property is sold in AS IS condition. Washer/dryers, stoves and the refrigerators in the occupied units belong to the tenants.
  • Price Per S Q F T: 550.33
  • Windows: Double Pane Windows, Mini Blinds

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Number Patio: 0
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 2
  • Number Rented Garages: 0
  • Total Parking: 4

Utilities

  • Water District: LADWP
  • Water Heater: Gas, Multi-Tank
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 0
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Association/Amenities

  • Community Features: Community Mailbox

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 21.30
  • Assessed Land Percent: 78.7
  • Assessor Parcel Number: 5048-005-031
  • Lot Description: 2-4 Lots
  • Lot Size Area: 5931

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.60
  • Number Of Units: 4
  • Number Wall A C: 2
  • Rent Control: 100
  • Type Of Units: Attached

Tax Info

  • Mello Roos: Unknown

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $12,025 $980,690 $771,788 $208,902
2024 $12,025 $961,461 $756,655 $204,806
2023 $11,800 $942,610 $741,819 $200,791
2022 $11,263 $924,128 $727,274 $196,854
2021 $11,118 $906,009 $713,014 $192,995
2019 $10,792 $879,138 $691,866 $187,272
2018 $10,688 $861,900 $678,300 $183,600
2016 $6,393 $507,624 $355,337 $152,287
2015 $5,576 $438,942 $261,275 $177,667
2014 $5,620 $430,344 $256,157 $174,187
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2026 04/13/26 Price Changed $1,345,000 -3.6% $550 / Sq Ft
01/30/2026 01/30/26 For Sale $1,395,000 +65.1% $571 / Sq Ft
03/22/2017 03/22/17 Sold $845,000 +5.8% $346 / Sq Ft View Prior Sale
03/10/2017 03/10/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $799,000 -- $327 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Transaction History Record -- Accommodation
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $845,000 Orange Coast Title Co Socal
Quit Claim Deed -- Accommodation
Grant Deed $420,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- None Available
Grant Deed $750,000 Fidelity National Title Co
Grant Deed -- Security Union Title
Grant Deed $385,000 Gateway
Grant Deed $265,000 Ticor Title Insurance
Individual Deed $202,500 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $633,750 New Conventional
Previous Owner $402,990 FHA
Previous Owner $600,000 Fannie Mae Freddie Mac
Previous Owner $472,500 Purchase Money Mortgage
Previous Owner $346,500 Purchase Money Mortgage
Previous Owner $238,500 No Value Available
Previous Owner $200,844 FHA
Closed $13,250 No Value Available
Closed $19,250 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 26645249

The MLS

APN: 5048-005-031

California Los Angeles County Los Angeles 90016 West Adams

2525 Thurman Ave, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Eddie Safa
Listing Agent
Eddie Safa
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AXES Group Inc
(310) 500-5990
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