$1,295,000

Estimated payment $7,851/month

Total Views 5,210
10 Beds
8 Baths
4,456 Sq Ft
$291 Price per Sq Ft

Highlights

  • No Units Above
  • 0.26 Acre Lot
  • 1-Story Property
  • Abraham Lincoln High School Rated A
  • Private Yard
  • 4-minute walk to River Garden Park

About This Home

Great Investment Opportunity – 8 Units in Prime Los Angeles Location. Presenting 2626 Idell Street – a rare opportunity to acquire an 8-unit multifamily property in the heart of Los Angeles, with potential to convert the garages into an ADU. This well-situated complex offers strong rental income potential and is ideal for investors looking to expand their portfolio in a high-demand rental market. Conveniently located near major freeways, public transportation, shops, and dining, the property boasts excellent accessibility for tenants. Each unit features a functional layout, with steady upside for future improvements and rent growth.

Listing Agent

Shawn Nejad

Vista Sotheby's International Realty Brokerage Phone: 310-938-1849 License #01084309 Listed on: 04/04/2025

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,753

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,456 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 13 / 4
  • Tax Tract Number 1853
  • Assessor Parcel Number 5446012013

Community Details

Overview

  • 7 Buildings
  • 8 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,790
  • Other Expense $24,000
  • Water Sewer Expense $9,000
  • Operating Expense $36,790
  • Gross Income $88,752
  • Net Operating Income $51,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,753

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 161875
  • Property Attached: Yes
  • Water Sewer Expenses: 9000.00
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5446012013
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Entry Level: 1
  • Price Per Square Foot: 290.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet, Yard
  • Lot Size Sq Ft: 11445.00
  • Lot Size Acres: 0.2627

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 88752.00
  • Gross Scheduled Income: 88752.00
  • Insurance Expense: 3790.00
  • Lot Size Area: 11445.0000 Square Feet
  • Net Operating Income: 51962.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 36790.00
  • Other Expense: 24000.00
  • Other Expense Description: Taxes
  • Rent Control: Yes
  • Total Expenses: 36790.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 1853.20
  • Tax Lot: 13
  • Tax Tract Number: 1853

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 $11,753 $889,357 $709,086 $180,271
2024 $11,753 $871,920 $695,183 $176,737
2023 $11,541 $854,824 $681,552 $173,272
2022 $10,684 $838,064 $668,189 $169,875
2021 $10,534 $821,633 $655,088 $166,545
2019 $10,230 $797,264 $635,658 $161,606
2018 $10,019 $781,633 $623,195 $158,438
2016 $9,550 $751,284 $598,997 $152,287
2015 $1,674 $97,483 $34,631 $62,852
2014 $1,734 $95,574 $33,953 $61,621
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 For Sale $1,295,000 0.0% $291 / Sq Ft
06/09/2025 06/09/25 Off Market $1,295,000 -- --
04/04/2025 04/04/25 For Sale $1,295,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Grant Deed -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV25073560

California Regional Multiple Listing Service (CRMLS)

APN: 5446-012-013