$1,500,000

Estimated payment $8,689/month

Total Views 853
6 Beds
4 Baths
3,208 Sq Ft
$468 Price per Sq Ft

About This Home

2944-2946 1/2 8th Ave. is a well maintained 3 unit home centrally located in Los Angeles, minutes away from USC and the Los Angeles Memorial Coliseum. 2944 consists of 3 bedrooms/2 baths, 2946 is a 2 bedroom/1 bath and 29461/2 is 1 bedroom/ 1 bath. All 3 units are occupied. This is an ideal opportunity for an owner/user or investor looking for a prime asset in a rapidly appreciating neighborhood!

Listing Agent

Lesley Watkins

Real Estate Ebroker Inc Brokerage Phone: 310-462-7286 License #01343207 Listed on: 08/21/2025

Real Estate Ebroker Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,949

Year Built

  • Built in 1920

Lot Details

  • 7,502 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 2nd floor

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 4908
  • Assessor Parcel Number 5051020026
  • $519 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Fuel Expense $60
  • Insurance Expense $3,881
  • Trash Expense $1,950
  • Water Sewer Expense $2,851
  • Operating Expense $8,742
  • Gross Income $62,448
  • Net Operating Income $53,706

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,949

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Price Per Unit: 500000
  • Property Attached: Yes
  • Subdivision Name Other: Rindge & Murdocks
  • Water Sewer Expenses: 2851.00
  • Zoning: LARD3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5051020026
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Price Per Square Foot: 467.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1950.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 60.00
  • Gross Income: 62448.00
  • Gross Scheduled Income: 62448.00
  • Insurance Expense: 3881.00
  • Lot Size Area: 7502.0000 Square Feet
  • Net Operating Income: 53706.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 8742.00
  • Rent Control: Yes
  • Total Actual Rent: 5204.00
  • Total Expenses: 8742.00

Tax Info

  • Tax Area: 00-067
  • Tax Census Tract: 2190.10
  • Tax Lot: 23
  • Tax Tract Number: 4908
  • TaxOtherAnnualAssessmentAmount: 519.00

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 $6,949 $546,995 $407,190 $139,805
2024 $6,949 $536,270 $399,206 $137,064
2023 $6,825 $525,756 $391,379 $134,377
2022 $6,524 $515,448 $383,705 $131,743
2021 $6,428 $505,342 $376,182 $129,160
2020 $6,488 $500,161 $372,325 $127,836
2019 $1,251 $65,210 $22,601 $42,609
2018 $1,106 $63,932 $22,158 $41,774
2016 $1,026 $61,451 $21,299 $40,152
2015 $1,015 $60,529 $20,980 $39,549
2014 $1,036 $59,345 $20,570 $38,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $1,500,000 -- $468 / 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 -- Western Resources Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25184155

California Regional Multiple Listing Service (CRMLS)

APN: 5051-020-026