$770,000
$30K PRICE DROP

264 Margaret Ave Los Angeles, CA 90022

Estimated payment $4,446/month

Total Views 15,917
4 Beds
4 Baths
2,174 Sq Ft
$354 Price per Sq Ft

Highlights

  • No HOA
  • James A. Garfield Senior High School Rated A
  • Laundry Room

About This Home

For Sale: Bonus Unit + three Units + four garages on a Lot. Welcome to this quiet and peaceful neighborhood! Conveniently located with easy access to Monterey Park, Montebello, East Los Angeles, local churches, grocery stores, parks, shops, metro stations, and the 60 Freeway. The property includes: three units AND bonus bachelor unit (studio layout). Each of the three units has its own kitchen, one bathroom, one bedroom and laundry area. The bonus unit is a bachelor or studio layout. GREAT FOR YOUR INVESTMENT.

Listing Agent

FANNY LAW

IBuilder Group Brokerage Phone: 626-757-3328 License #01355235 Listed on: 04/07/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 1947

Lot Details

  • Property fronts an alley
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,174 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • 220 Volts

Listing and Financial Details

  • Tax Lot 149
  • Tax Tract Number 4777
  • Assessor Parcel Number 5249023003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $130
  • Fuel Expense $30
  • Insurance Expense $1,500
  • Trash Expense $140
  • Water Sewer Expense $140
  • Operating Expense $1,940
  • Gross Income $39,960
  • Net Operating Income $39,960

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,120

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 6267573328
  • Other Phone Number: 6267573328
  • Price Per Unit: 192500
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 140.00
  • Zoning: LCR4YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5249023003
  • Year Built: 1947
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: GROUND
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 354.19

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Electric: 220 Volts
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 140.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6088.00
  • Lot Size Acres: 0.1398

Multi Family

  • Electric Expense: 130.00
  • Fuel Expense: 30.00
  • Gross Income: 39960.00
  • Gross Scheduled Income: 39960.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6088.0000 Square Feet
  • Net Operating Income: 39960.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 39960.00
  • Total Expenses: 1940.00

Tax Info

  • Tax Lot: 149
  • Tax Tract Number: 4777

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 $4,120 $194,739 $72,677 $122,062
2024 $4,120 $190,921 $71,252 $119,669
2023 $3,811 $187,178 $69,855 $117,323
2022 $3,680 $183,509 $68,486 $115,023
2021 $3,632 $179,912 $67,144 $112,768
2019 $3,548 $174,577 $65,153 $109,424
2018 $3,407 $171,155 $63,876 $107,279
2016 $3,268 $164,511 $61,397 $103,114
2015 $3,227 $162,041 $60,475 $101,566
2014 $3,237 $158,868 $59,291 $99,577
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $770,000 -3.8% $354 / Sq Ft
04/07/2025 04/07/25 For Sale $800,000 -- $368 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25074908

California Regional Multiple Listing Service (CRMLS)

APN: 5249-023-003