$1,390,000
$60K PRICE DROP

Estimated payment $9,104/month

Total Views 1,451
9 Beds
8 Baths
4,296 Sq Ft
$324 Price per Sq Ft

About This Home

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale a 7-unit apartment community located at 2904 West 14th Street. The subject property is located just south of Pico Boulevard and east of Western Avenue near Koreatown. Situated on a 6,912 square foot parcel, the property is comprised of one bachelor, four one-bedrooms, one two-bedroom & one three-bedroom unit. Current ownership installed a brand-new roof in 2019 & installed security cameras on the property. There are washer/dryer hookups in all units besides the bachelor and the property features eight on-site parking spaces. The continued gentrification of the surrounding area along with the value-add potential for a new owner makes 2904 West 14th Street an excellent acquisition opportunity. Seller to provide Home Warranty up to $1,000 (LA Housing inspection completed in September 2022). No other buyer closing costs will be covered.

Listing Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 02/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,912 Sq Ft Lot

Parking

  • 8 Parking Spaces

Interior Spaces

  • 4,296 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5074-004-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4296
  • Lot Acreage: 0.1587
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 323.56

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 128768
  • Assessed Land Percent: 80
  • Assessed Land Value: 515133
  • Total Assessed Value: 643901
  • Assessor Parcel Number: 5074-004-009
  • Lot Size Area: 6912

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 11.58
  • Number Of Units: 7
  • Total Annual Expense: 48229
  • Type Of Units: Residential
  • Vacancy Rate: 1

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $1,390,000 -4.1% $324 / Sq Ft
02/18/2025 02/18/25 For Sale $1,450,000 -- $338 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25504743

The MLS