$1,150,000
$50K PRICE DROP

Estimated payment $7,208/month

Total Views 6,980
5 Beds
5 Baths
2,695 Sq Ft
$427 Price per Sq Ft

Highlights

  • No HOA
  • Paved or Partially Paved Lot
  • 1-Story Property
  • Lincoln High School Rated A-

About This Home

ENHANCE YOUR RETIREMENT PLAN- Lincoln Heights multi-family property sits in a vibrant, walkable neighborhood near shops, transit, and local hotspots. This property is comprised of a four units: 3 bedroom- 2 bath, studio and two 1 bedroom-1 bath. Well maintained grounds, recently renovated with garages and room for 6 onsite parking spots. Buy and hold to build future wealth for your family. Seller may deliver 2 units vacant at close of escrow. Close proximity to major Los Angeles locations such as Dodger Stadium, USC Medical Center Campus and DTLA. This is the perfect opportunity to do a 1031 exchange and trade up for a more income producing property! Seller is VERY motivated. Don't miss out on this one!

Listing Agent

Diana Baylor

RE/MAX MASTERS REALTY Brokerage Phone: 323-919-9319 License #01912648 Listed on: 02/04/2026

RE/MAX MASTERS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,252 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,695 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 5206007015
  • $652 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,200
  • Water Sewer Expense $4,500
  • New Taxes Expense $11,445
  • Operating Expense $21,145
  • Gross Income $84,756
  • Net Operating Income $63,611

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

8,252 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 5.30
  • Property Attached: Yes
  • Water Sewer Expenses: 4500.00
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5206007015
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 426.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 8252.00
  • Lot Size Acres: 0.1894

Rental Info

  • Garage Rental Rate: 150.00
  • Tenant Pays: Gas, Trash Collection, Cable TV, Electricity

Multi Family

  • Garage Income: 3600.00
  • Gross Income: 84756.00
  • Gross Scheduled Income: 84756.00
  • Insurance Expense: 5200.00
  • Lot Size Area: 8252.0000 Square Feet
  • Net Operating Income: 63611.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 21145.00
  • Rent Control: Yes
  • Total Expenses: 21145.00

Tax Info

  • New Taxes Expense: 11445.00
  • Tax Area: 4
  • Tax Lot: 20
  • Tax Tract Number: 000
  • TaxOtherAnnualAssessmentAmount: 652.00

Map

Range of Values:

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Value Increase
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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

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
2026 $10,793 $871,176 $592,405 $278,771
2025 $10,793 $854,095 $580,790 $273,305
2024 $10,645 $837,349 $569,402 $267,947
2023 $10,446 $820,932 $558,238 $262,694
2022 $9,973 $804,837 $547,293 $257,544
2021 $9,845 $789,057 $536,562 $252,495
2019 $9,559 $765,655 $520,649 $245,006
2018 $8,424 $670,000 $455,600 $214,400
2016 $7,434 $593,000 $411,100 $181,900
2015 $6,827 $542,000 $375,700 $166,300
2014 $6,637 $512,000 $354,900 $157,100
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
08/11/2026 08/11/26 For Sale $1,150,000 0.0% $427 / Sq Ft
08/09/2026 08/09/26 Off Market $1,150,000 -- --
06/12/2026 06/12/26 Price Changed $1,150,000 -4.2% $427 / Sq Ft
02/04/2026 02/04/26 For Sale $1,200,000 -- $445 / 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
Grant Deed $625,000 Fidelity National Title Comp
Grant Deed -- Commonwealth Title
Interfamily Deed Transfer -- --
Grant Deed -- Benevest Title
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
Open $745,500 New Conventional
Closed $626,000 New Conventional
Closed $495,000 New Conventional
Closed $486,300 Unknown
Closed $468,750 New Conventional
Previous Owner $480,000 Fannie Mae Freddie Mac
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26025942

California Regional Multiple Listing Service (CRMLS)

APN: 5206-007-015

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