$1,300,000

Estimated payment $8,017/month

Total Views 5,339
-- Bed
-- Bath
2,600 Sq Ft
$500 Price per Sq Ft

About This Home

Fourplex, income property located in the heart of West Adams!! Excellent Location, close to schools, freeways, Culver City, Santa Monica, Downtown LA, and Expo Line Station. The main structure consists of 3 br/2ba and two 1 br/1 baths. The additional structure has a 1br/1ba above garage/ storage. APPROVED PLANS to convert bottom units from 1br/1ba TO 2br/1ba. Seller is motivated!

Listing Agent

Alan Cruz

Klovus License #01518829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,879

Year Built

  • Built in 1932

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Additional Features

  • 4,810 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 5049017026

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $11,932
  • Net Operating Income $22,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,879

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1932
  • Building Stories: 2
  • Deposit Amount Required: 39000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1104
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2600.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Floor/Wall Heater

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Zoning Description: LARD1.5
  • Lot Size Sq Ft: 4810.00
  • Parcel #: 5049017026

Multi Family

  • Total Annual Expense: 16340.00
  • Vacancy Factor: 4.40
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 11932.00
  • Property Net Operating Income: 22660.00

MLS Schools

  • Elementary School: Other-Outlying

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $8,879 $703,387 $483,092 $220,295
2023 $8,715 $689,596 $473,620 $215,976
2022 $8,312 $676,076 $464,334 $211,742
2021 $8,199 $906,898 $634,829 $272,069
2020 $8,279 $656,026 $450,563 $205,463
2019 $7,959 $643,164 $441,729 $201,435
2018 $7,867 $630,554 $433,068 $197,486
2016 $8,095 $606,070 $416,252 $189,818
2015 $4,237 $331,389 $180,759 $150,630
2014 $4,278 $324,899 $177,219 $147,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $1,300,000 +8.3% $500 / Sq Ft
03/31/2025 03/31/25 Price Changed $1,200,000 -7.7% $462 / Sq Ft
02/20/2025 02/20/25 For Sale $1,300,000 0.0% $500 / Sq Ft
02/18/2025 02/18/25 For Sale $1,300,000 +122.2% $500 / Sq Ft
02/26/2015 02/26/15 Sold $585,000 +0.9% $225 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
11/17/2014 11/17/14 For Sale $580,000 -- $223 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Grant Deed $585,000 Stewart Title
Interfamily Deed Transfer -- First Southwestern Title Co
Interfamily Deed Transfer -- First Southwestern Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $409,500 New Conventional
Previous Owner $412,500 New Conventional
Previous Owner $278,300 New Conventional
Previous Owner $175,500 No Value Available
Source: Public Records

Similar Homes in Los Angeles, CA

  • 1647 W 12th Place Unit 7, Los Angeles, CA 90015

    $1,344,500

    • 6 Beds
    • 4 Baths
    • 2,662 Sq Ft
    • 1647 W 12th Place
    • Unit 7
    • Los Angeles, CA

    Rare opportunity in the up-and-coming Pico-Union area, near Downtown! Three of the four units have been remodeled, offering modern living spaces. All units are occupied. Great rental income. The property features a spacious parking area in the rear, with ample room to build an ADU, significantly increasing the property's value. Become a homeowner in the rapidly developing Pico-Union neighborhood.

    Koeun Hwang Happy Haus Inc.

    Section Image
  • 5017 San Pedro St, Los Angeles, CA 90011

    $1,250,000

    • 6 Beds
    • 6 Baths
    • 2,720 Sq Ft
    • 5017 San Pedro St
    • Los Angeles, CA

    Located in the heart of Downtown Los Angeles, a remarkable opportunity awaits the ideal buyer. This multi-unit building features six units with atotal living space of 2,720 square feet. One unit is brand new construction and is vacant ready to be occupied.Each unit is equipped with one bedroom, one bathroom, and a private front patio. Security is ensured with agated entrance. The

    Linda Ojeda Luxury Collective

    Section Image
  • 531 S Hillview Ave, Los Angeles, CA 90022

    $1,015,000

    • 5 Beds
    • 6 Baths
    • 2 Sq Ft
    • 531 S Hillview Ave
    • Los Angeles, CA

    6 Units in a great East LA neighborhood. 5 units are 1 bedroom each and 1 of the units is a studio. 4 one car garages with alley access. Coin operated laundry room. 4 units are one building and the studio unit along with a 1 bedroom unit are built over the garages area. Located near public transportation, shopping and schools. Drive by only. Write your offers subject to Interior inspection.

    Gabriela Ruiz Excellence RE Real Estate

    Section Image
  • 2949 S Harcourt Ave, Los Angeles, CA 90016

    $1,499,500

    • 6 Beds
    • 4 Baths
    • 2,595 Sq Ft
    • 2949 S Harcourt Ave
    • Los Angeles, CA

    Corner lot investment opportunity with lots of potential for buy and hold or future development in a desirable area of Los Angeles. Spacious 4-plex situated on a massive 10,538 sq. ft. corner lot with 4 individual addressed units, 4 garage spaces, and a separate large covered yard ideal for separate rental potential, all gated and fully secured. 3 units, garages, and backspace will be transferred

    Nick Binesh Binesh Realty

    Section Image
  • 4427 Exposition Blvd, Los Angeles, CA 90016

    $1,348,000

    • 6 Beds
    • 3 Baths
    • 2,498 Sq Ft
    • 4427 Exposition Blvd
    • Los Angeles, CA

    Prime 3-Plex Investment Opportunity in West Adams – Spacious Units with Immediate Value-Add Potential! This well-maintained triplex offers a rare blend of immediate income potential and long-term upside. Featuring three spacious 2-bedroom, 1-bathroom units, this property is ideal for both investors and/or owner-occupants. One unit is fully remodeled with new flooring, an updated kitchen and

    Neb Mesfin Equity Union

    Section Image
  • 2853 Buckingham Rd, Los Angeles, CA 90016

    $1,549,000

    • 8 Beds
    • 4 Baths
    • 5,207 Sq Ft
    • 2853 Buckingham Rd
    • Los Angeles, CA

    We are proud to present an exceptional Spanish style 4-unit building in the heart of West Adams. Built in 1930, the subject consists of four spacious 2 bedroom / 1 bath units each with Spanish style details and charm, in-unit washer/dryers, and individual water heaters. Located in an opportunity zone which can offer powerful tax incentives for investors. Recent improvements to the well-maintained

    Anie Mayelian Keller Williams Realty Calabasas

    Section Image
  • 1861 S Redondo Blvd, Los Angeles, CA 90019

    $1,350,000

    • 7 Beds
    • 6 Baths
    • 3,244 Sq Ft
    • 1861 S Redondo Blvd
    • Los Angeles, CA

    Welcome to 1861 S Redondo Blvd—an upgraded 4-unit income property featuring a triplex plus a newly built 2 bed, 2 bath ADU (approx. 700 sqft) with solar. One of the original 2 bed, 2 bath units has been fully renovated. All units are tenant-occupied, generating steady rental income. The combined living area is approximately 3,244 sqft on a 5,834 sqft LARD1.5-zoned lot. Recent improvements include

    Khoi Le Torelli Realty

    Section Image
  • 3015 Edgehill Dr, Los Angeles, CA 90018

    $1,290,000

    • 6 Beds
    • 4 Baths
    • 2,960 Sq Ft
    • 3015 Edgehill Dr
    • Los Angeles, CA

    Beautiful Spanish Duplex in Prime LA Location!This charming duplex offers two spacious side-by-side units, each with 3 bedrooms and 2 bathrooms, thoughtful design details. Set on a generous 9,148 sq ft lot, the property features two welcoming patios, a 3-car garage, and excellent potential for an ADU conversion (Zoned LAR3—verify possibilities with the city).

    claire kim The Realestate Group

    Section Image
  • 1277 S Orange Dr, Los Angeles, CA 90019

    $1,499,000

    • 6 Beds
    • 4 Baths
    • 3,202 Sq Ft
    • 1277 S Orange Dr
    • Los Angeles, CA

    Beautiful Duplex in the Highly-Coveted Mid-Wilshire Neighborhood of Los Angeles! This two-story stunner consists of 2 units, each with 3 beds / 2 baths. Each spacious unit features old-school craftsmanship w/ hardwood floors & lots of natural light throughout. Living room. Large kitchen w/ Spanish tile countertops. Dining area. Laundry in each unit. 2nd floor unit has attached outdoor deck. Long

    Oliver Moussa Revilo Realty, Inc.

    Section Image

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202501961

Bakersfield Association of REALTORS® / GEMLS

APN: 5049-017-026