$1,499,000

Estimated payment $8,519/month

Total Views 2,148
6 Beds
4 Baths
2,595 Sq Ft
$578 Price per Sq Ft

Highlights

  • Auto Driveway Gate
  • Corner Lot
  • Parking Storage or Cabinetry
  • 0.24 Acre Lot
  • Laundry Room
  • 4 Car Garage

About This Home

Prime Corner Lot Investment Opportunity in Los Angeles!
This expansive 10,538 sq. ft. corner lot hosts a spacious 4-plex, presenting incredible potential for buy-and-hold investors or future development. Featuring four individually addressed units, four garage spaces, and a gated, fully secured large covered yard ideal for separate rental income. Three units, garages, and the backspace will be delivered vacant at close of escrow, while one unit remains tenant-occupied on a month-to-month lease. A rare opportunity for investors or owner-users seeking a versatile multifamily asset in a high-demand location—don’t miss out!

Listing Agent

Nick Binesh

Binesh Realty Brokerage Phone: 949-222-0234 License #01708370 Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 1924

Lot Details

  • 10,538 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Auto Driveway Gate
  • Parking Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2,595 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 5893
  • Assessor Parcel Number 5057028030
  • $665 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $75,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,210

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 374750
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5057028030
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 577.65
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Built-In Storage, Covered, Garage, Gated, Oversized, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot
  • Lot Size Sq Ft: 10538.00
  • Lot Size Acres: 0.2419

Multi Family

  • Gross Scheduled Income: 108000.00
  • Lot Size Area: 10538.0000 Square Feet
  • Net Operating Income: 75000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2197.00
  • Tax Lot: 13
  • Tax Tract Number: 5893
  • TaxOtherAnnualAssessmentAmount: 665.00

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 $4,210 $308,881 $210,949 $97,932
2024 $4,210 $302,825 $206,813 $96,012
2023 $4,142 $296,888 $202,758 $94,130
2022 $3,974 $291,068 $198,783 $92,285
2021 $3,912 $285,362 $194,886 $90,476
2019 $3,807 $276,900 $189,106 $87,794
2018 $3,615 $271,472 $185,399 $86,073
2016 $3,440 $260,932 $178,200 $82,732
2015 $3,393 $257,014 $175,524 $81,490
2014 $3,433 $251,980 $172,086 $79,894
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Price Changed $1,499,000 0.0% $578 / Sq Ft
05/22/2025 05/22/25 For Sale $1,499,500 -- $578 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Interfamily Deed Transfer -- South Coast Title
Grant Deed $205,000 South Coast Title
Interfamily Deed Transfer -- Fidelity Title
Grant Deed $205,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 Balloon
Closed $405,000 New Conventional
Closed $295,000 New Conventional
Closed $7,500 Commercial
Closed $35,000 Unknown
Closed $25,000 Unknown
Closed $12,500 Stand Alone Second
Closed $106,000 Credit Line Revolving
Closed $525,000 Fannie Mae Freddie Mac
Closed $15,000 Unknown
Closed $360,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $289,600 Unknown
Previous Owner $250,200 Unknown
Previous Owner $28,000 Credit Line Revolving
Previous Owner $163,950 No Value Available
Previous Owner $184,500 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25115252

California Regional Multiple Listing Service (CRMLS)

APN: 5057-028-030