$590,000

3155 E 8th St Los Angeles, CA 90023

Estimated payment $3,397/month

Total Views 1,941
4 Beds
4 Baths
2,018 Sq Ft
$292 Price per Sq Ft

Highlights

  • Popular Property
  • Corner Lot
  • No HOA
  • Felicitas and Gonzalo Mendez High Rated A-

About This Home

Seize this rare chance to own a lucrative 4-plex near Boyle Heights. This property consists of 4 1 bedroom/1 bathroom units. Units have been recently renovated on the inside. Convenience is key, with four parking spaces and a short distance to Downtown Los Angeles. Ideal for first-time investors, this property is a "starter pack". Additionally, its proximity to USC and Crypto.com Arena adds to its allure. Don't miss out on this opportunity in a prime location!

Listing Agent

Keith O'Brien

THE MASTERS REALTY Brokerage Email: keith@themastersrealty.com License #01480338 Listed on: 09/07/2025

THE MASTERS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1961

Lot Details

  • 5,096 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,018 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 43 / 8
  • Tax Tract Number 43
  • Assessor Parcel Number 5190011024

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • Electric Expense $2,189
  • Insurance Expense $1,890
  • Pest Control $1,020
  • Water Sewer Expense $2,188
  • Operating Expense $7,777
  • Net Operating Income $40,451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,034

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 147500
  • Property Attached: No
  • Water Sewer Expenses: 2188.00
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5190011024
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1st Floor
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 292.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: No
  • Pest Control Expense: 1020.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5096.00
  • Lot Size Acres: 0.1170

Multi Family

  • Electric Expense: 2189.00
  • Gross Scheduled Income: 47844.00
  • Insurance Expense: 1890.00
  • Lot Size Area: 5096.0000 Square Feet
  • Net Operating Income: 40451.00
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7777.00
  • Rent Control: Yes
  • Total Actual Rent: 3987.00
  • Total Expenses: 7777.00

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 2048.20
  • Tax Lot: 43
  • Tax Tract Number: LOT 43

Map

Range of Values:

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Average Value
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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 $3,034 $222,012 $72,036 $149,976
2024 $3,034 $217,660 $70,624 $147,036
2023 $2,982 $213,393 $69,240 $144,153
2022 $2,855 $209,210 $67,883 $141,327
2021 $2,812 $205,108 $66,552 $138,556
2019 $2,735 $199,027 $64,579 $134,448
2018 $2,657 $195,125 $63,313 $131,812
2016 $2,525 $187,550 $60,855 $126,695
2015 $2,492 $184,733 $59,941 $124,792
2014 $2,526 $181,115 $58,767 $122,348
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2025 09/07/25 For Sale $590,000 -- $292 / 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 -- First Southwestern Title
Interfamily Deed Transfer -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Closed $417,000 New Conventional
Closed $180,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25201231

California Regional Multiple Listing Service (CRMLS)

APN: 5190-011-024