$1,224,000
$26K PRICE DROP

Estimated payment $8,112/month

Total Views 3,861
8 Beds
4 Baths
3,538 Sq Ft
$346 Price per Sq Ft

Highlights

  • Fishing
  • No HOA
  • Laundry Room
  • John Marshall Senior High Rated A
  • Cooling System Mounted To A Wall/Window
  • Bike Trail

About This Home

Great Investment property in one of the most sought out locations.
Opportunity for investment... each unit is about 900 sq feet of living space.
8 bedrooms 4 bathroom, each unit as two bedrooms with carport parking.
Property has Cooper Plumming, updated electrical boxes.
Driveway and parking area was repaved
Elysian Valley location walking distance to Los Angeles River, close to elementary school,
easy drive to Doger Stadium and downtown Los Angeles.
Commuting to fwy 134, 110, 101 is close by.
Excellent investment to build your portfolio.
Cap Rate:4.74%
possible IRR return of up to 14%

Listing Agent

Jazmin Asbun

Park Regency Realty Brokerage Phone: 818-618-2882 License #01916704 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,929

Year Built

  • Built in 1964

Lot Details

  • 5,453 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,538 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Low Flow Plumbing Fixtures

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Phone Available

Listing and Financial Details

  • Tax Lot 121
  • Tax Tract Number 3416
  • Assessor Parcel Number 5442011036
  • $656 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Dog Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,770
  • Maintenance Expense $19,030
  • Water Sewer Expense $3,900
  • Operating Expense $22,433
  • Gross Income $81,648
  • Net Operating Income $81,648

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,929

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 306000
  • Property Attached: Yes
  • Water Sewer Expenses: 3900.00
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5442011036
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: first floor
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 345.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing

Green Features

  • Green Water Conservation: Flow Control

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5453.00
  • Lot Size Acres: 0.1252

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 81648.00
  • Gross Scheduled Income: 6804.00
  • Insurance Expense: 1770.00
  • Lot Size Area: 5453.0000 Square Feet
  • Maintenance Expense: 19030.00
  • Net Operating Income: 81648.00
  • 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
  • Number Wall A C: 4
  • Operating Expense: 22433.00
  • Rent Control: Yes
  • Total Actual Rent: 6804.00
  • Total Expenses: 22433.00

Tax Info

  • Tax Census Tract: 1872.00
  • Tax Lot: 121
  • Tax Tract Number: 3416
  • TaxOtherAnnualAssessmentAmount: 656.00

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 $16,929 $1,383,094 $1,038,330 $344,764
2024 $16,929 $1,355,975 $1,017,971 $338,004
2023 $16,601 $1,329,388 $998,011 $331,377
2022 $15,829 $1,303,323 $978,443 $324,880
2021 $13,534 $1,100,000 $750,000 $350,000
2019 $13,513 $1,100,000 $750,000 $350,000
2018 $15,016 $1,215,559 $912,555 $303,004
2016 $14,341 $1,168,359 $877,120 $291,239
2015 $9,716 $780,336 $613,123 $167,213
2014 $9,766 $765,051 $601,113 $163,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $1,224,000 -2.1% $346 / Sq Ft
05/07/2025 05/07/25 For Sale $1,250,000 -- $353 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Southland Title
Grant Deed $700,000 Southland Title
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 Purchase Money Mortgage
Closed $70,000 Stand Alone Second
Previous Owner $260,000 Unknown
Previous Owner $227,250 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25098110

California Regional Multiple Listing Service (CRMLS)

APN: 5442-011-036