$825,000
$270K PRICE DROP

Estimated payment $4,472/month

Total Views 9,345
6 Beds
4 Baths
3,071 Sq Ft
$269 Price per Sq Ft

Highlights

  • Corner Lot
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Heating
  • 5-minute walk to Trinity Park Legends Court

About This Home

Investment opportunity located in the "27th St. Historic District". 4 units on corner lot with LARD1.5 Zoning, buyer to verify. 3 buildings, one is a duplex and the other two are separate houses. Large central driveway for parking access. Several redevelopment projects in the immediate area. Centrally located to 110 and 10 freeways for convenient work commute. Don't miss this opportunity.

Listing Agent

Armando Arenas

GEORGE MICHAEL REALTY Brokerage Phone: 323-697-2010 License #01168227 Listed on: 02/10/2025

Co-Listing Agent

ANDREW ARENAS

GEORGE MICHAEL REALTY Brokerage Phone: 323-697-2010 License #02217487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1928

Lot Details

  • 6,246 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,071 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 22 / 7
  • Assessor Parcel Number 5128009024
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,423
  • Gross Income $64,728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,111

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Price Per Unit: 206250
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5128009024
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: ground level with steps
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 268.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6246.00
  • Lot Size Acres: 0.1434

Multi Family

  • Average1 Bed Area: 735 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 64728.00
  • Gross Scheduled Income: 64728.90
  • Insurance Expense: 2423.00
  • Lot Size Area: 6246.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 2.00
  • Rent Control: Yes
  • Total Actual Rent: 5394.08

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 2267.02
  • Tax Lot: 22
  • Tax Tract Number: Shaw

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
2024 $1,111 $46,560 $18,952 $27,608
2023 $1,100 $45,648 $18,581 $27,067
2022 $1,066 $44,754 $18,217 $26,537
2021 $1,037 $43,877 $17,860 $26,017
2020 $1,038 $43,428 $17,677 $25,751
2019 $1,017 $42,578 $17,331 $25,247
2018 $911 $41,744 $16,992 $24,752
2016 $840 $40,125 $16,333 $23,792
2015 $833 $39,523 $16,088 $23,435
2014 $865 $38,749 $15,773 $22,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $825,000 -13.2% $269 / Sq Ft
04/07/2025 04/07/25 Price Changed $950,000 -13.2% $309 / Sq Ft
02/10/2025 02/10/25 For Sale $1,095,000 -- $357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25029626

California Regional Multiple Listing Service (CRMLS)

APN: 5128-009-024