$1,398,000
$200K PRICE DROP

Estimated payment $8,629/month

Total Views 3,400
12 Beds
6 Baths
4,342 Sq Ft
$322 Price per Sq Ft

About This Home

A RARE investment opportunity in booming and highly desirable Jefferson Park featuring two tenant-occupied 4BR/2BA units PLUS two newly constructed vacant 2BR/1BA ADUs, ready for market rent. Ideal for investors seeking immediate rental income and long-term growth. Each ADU is fully equipped with mini-split A/C and heat systems as well as stackable washer and dryer hookups! Perfect for an OWNER-USER or INVESTOR looking for a solid opportunity to own a unique property in the heart of Los Angeles! Unit 2924 presents a value-add opportunity. Enjoy privacy with individual retreat areas for each building, creating a private outdoor oasis for each occupant. The generous 7,500 square-foot lot includes two garages, providing excellent storage solutions. Centrally located with easy access to the Metro Line. CLOSE TO USC, DTLA, as well as major financial districts in Los Angeles, this property is perfect for those seeking convenience, charm, and income! VA, FHA, and Conventional offers are welcome!

Listing Agent

Delia Hooper

Redfin License #01180987 Listed on: 06/26/2025

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,702

Year Built

  • Built in 1922

Lot Details

  • 7,502 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Split Level Home

Interior Spaces

  • 4,342 Sq Ft Home
  • 2-Story Property
  • Stacked Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Baseboard Heating

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-020-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,702

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Advertising Remarks: A RARE investment opportunity in booming and highly desirable Jefferson Park featuring two tenant-occupied 4BR/2BA units PLUS two newly constructed vacant 2BR/1BA ADUs, ready for market rent. Ideal for investors seeking immediate rental income and long-term growth. Each ADU is fully equipped with mini-split A/C and heat systems as well as stackable washer and dryer hookups! Perfect for an OWNER-USER or INVESTOR looking for a solid opportunity to own a unique property in the heart of Los Angeles! Unit 2924 presents a value-add opportunity. Enjoy privacy with individual retreat areas for each building, creating a private outdoor oasis for each occupant. The generous 7,500 square-foot lot includes two garages, providing excellent storage solutions. Centrally located with easy access to the Metro Line. CLOSE TO USC, DTLA, as well as major financial districts in Los Angeles, this property is
  • Living Area: 4342
  • Lot Acreage: 0.1722
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Equipment: Stackable W/D Hookup, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 321.97

Exterior Features

  • Other Structures: Accessory Bldgs

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Electric, Air Conditioning
  • Heating: Baseboard, Electric, Combination, Wall
  • Water Expense: 5002.00

Fee Information

  • Insurance Expense: 2120.00

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 561816
  • Assessed Land Percent: 40
  • Assessed Land Value: 374544
  • Total Assessed Value: 936360
  • Assessor Parcel Number: 5051-020-024
  • Lot Size Area: 7502

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.93
  • Number Of Units: 4
  • Total Annual Expense: 15190.75
  • Type Of Units: Duplex+ADUs
  • Vacancy Rate: 50%

Tax Info

  • Tax Expense: 6064.00

Map

Range of Values:

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Sold Price
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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 $11,702 $955,086 $382,034 $573,052
2024 $11,702 $936,360 $374,544 $561,816
2023 $11,482 $918,000 $367,200 $550,800
2022 $10,959 $900,000 $360,000 $540,000
2021 $2,504 $175,338 $86,461 $88,877
2019 $2,438 $170,140 $83,898 $86,242
2018 $2,325 $166,804 $82,253 $84,551
2016 $2,196 $160,329 $79,060 $81,269
2015 $2,168 $157,922 $77,873 $80,049
2014 $2,191 $154,829 $76,348 $78,481
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $1,398,000 -12.5% $322 / Sq Ft
06/26/2025 06/26/25 For Sale $1,598,000 -- $368 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $900,000 Provident Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,000 New Conventional
Open $885,000 New Conventional
Closed $980,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $200,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25551797

The MLS

APN: 5051-020-024