$895,000

Estimated payment $5,424/month

Total Views 397
4 Beds
4 Baths
2,372 Sq Ft
$377 Price per Sq Ft

Highlights

  • Gated Parking
  • View of Trees or Woods
  • Fenced Yard
  • Eagle Rock High School Rated A
  • Lawn
  • Front Porch

About This Home

Looking to invest in an affordable income property in Northeast LA? There are currently only 3 fourplexes for sale in the 90065 zip code, and this one is at least $355K CHEAPER than the rest! This charming 4 unit is located in the palm tree lined residential streets between San Fernando Rd and Eagle Rock Blvd, south of the 2 Freeway near the Ribet Academy. There are 2 duplex structures on the lot, and all units are 1Br+1Ba. There is also open parking in the rear. All tenants are long term, Contact the listing agent for a rent roll and more info. Relocation for owner occupancy and/or TIC conversion may be an option (Buyer to verify). Glassell Park is one of Northeast LA's most desirable neighborhoods. Known for its hilly terrain and scenic views, the area offers a mix of residential charm and urban convenience, not to mention amazing local restaurants and retailers. The median sale price for homes in Glassell Park is approximately $1.22million, reflecting an 11.1% year over year increase. This is a high barrier to entry area with rentals always in great demand. An excellent long term, affordable investment!

Listing Agent

Dana Coronado

Compass License #01746702 Listed on: 08/11/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,575

Year Built

  • Built in 1923

Lot Details

  • 7,503 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Gated Home
  • Lawn
  • Front Yard

Property Views

  • Woods
  • Hills

Home Design

  • Quadruplex
  • Bungalow
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,372 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • Gated Parking

Outdoor Features

  • Front Porch

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5457-011-016

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,575

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Looking to invest in an affordable income property in NELA? There are now only 3 fourplexes for sale in 90065, and this one is at least $355K CHEAPER than the rest! This charming 4 unit is located in the palm tree lined streets between San Fernando Rd and Eagle Rock Blvd, south of the 2 Freeway near the Ribet Academy. There are 2 duplexes on the lot, and all units are 1Br+1Ba. There is also open parking in the rear. All tenants are long term, Contact the listing agent for a rent roll and more info. Relocation for owner occupancy and/or TIC conversion may be an option (Buyer to verify). Glassell Park is known for its hilly terrain and scenic views & the area offers a mix of residential charm and urban convenience, not to mention amazing local restaurants and retailers. This is a high barrier to entry area with rentals always in great demand. An excellent long term, affordable investment!
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2372
  • Lot Acreage: 0.1722
  • Price Per Unit: 223750.00
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Bathroom Features: Low Flow Toilet(s), Low Flow Shower(s)
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 377.32

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Number Patio: 2
  • Patio: Porch - Front, Covered
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Hills, Trees/Woods
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Garage Structures: 0
  • Parking Garage: Driveway - Concrete, Gated
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Tankless, Water Heater Unit
  • Cooling: Electric, Window Unit(s)
  • Heating: Wall Gas
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Sewer: In Connected and Paid
  • Water: Public
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 60.00
  • Assessed Land Percent: 40
  • Assessor Parcel Number: 5457-011-016
  • Lot Description: Yard, Fenced Yard, Front Yard, Lawn, Sidewalks, Curbs
  • Lot Size Area: 7503

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.13
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 20456
  • Type Of Units: Quadruplex
  • Vacancy Allow: 0
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

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 $6,575 $518,864 $207,544 $311,320
2024 $6,575 $508,691 $203,475 $305,216
2023 $6,454 $498,718 $199,486 $299,232
2022 $6,164 $488,940 $195,575 $293,365
2021 $6,081 $479,354 $191,741 $287,613
2020 $6,138 $474,439 $189,775 $284,664
2019 $5,906 $465,137 $186,054 $279,083
2018 $5,781 $456,017 $182,406 $273,611
2016 $5,511 $438,312 $175,324 $262,988
2015 $5,434 $431,729 $172,691 $259,038
2014 $5,476 $423,273 $169,309 $253,964
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $895,000 -- $377 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Progressive Title Company
Grant Deed $405,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,000 No Value Available
Closed $365,000 New Conventional
Closed $375,000 New Conventional
Closed $301,000 New Conventional
Closed $303,750 New Conventional
Previous Owner $284,000 Unknown
Previous Owner $221,200 Unknown
Previous Owner $185,427 Unknown
Source: Public Records

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Source: The MLS

MLS Number: 25576939

The MLS

APN: 5457-011-016