B
Seller's Agent in 2024
Bryan Glenn
Kidder Mathews of California, Inc.
(858) 369-3010
2 in this area
16 Total Sales
316 N Bixel St Los Angeles, CA 90026
Echo Park Neighborhood
8
Beds
8
Baths
3,704
Sq Ft
3,276
Sq Ft Lot
About This Home
As of November 2024This is an excellent opportunity to purchase a renovated, 8-unit multifamily asset adjacent to Downtown Los Angeles at the intersection of Historic Filipinotown,Echo Park and City West. The classic, two-story property features a well-maintained woodframe and stucco building with vintage, character architecture. The property includes a mix of one-bedroom and studio units. Six of the eight units have been fully remodeled and are achieving strong rents. The other two units are well below the current market rent and will allow for steady increases or a large increase in income when those units vacate. As an investment, the property is offered at an attractive going-in Cap Rate with over 25% remaining upside. The property was recently repainted with character accents throughout. The common area floors and light fixtures were all upgraded while preserving the character of the Property. The six renovated units feature newer, modern flooring, new paint, fully remodeled kitchens and bathrooms, and upgraded electrical. The property also features a spacious upstairs, outdoor terrace available to the tenants for their use. The property is separately metered for gas and electric and master metered for water. There are individual water heaters for each apartment, and there is also coin-operated laundry on-site. There is no on-site parking so the tenants utilize street parking.
Last Agent to Sell the Property
Kidder Mathews of California, Inc. License #01441095 Listed on: 06/24/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 3,276 Sq Ft Lot
Home Design
- Split Level Home
Interior Spaces
- 3,704 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Oven or Range
- Freezer
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 5160-021-022
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2024 11/07/24 | Sold | $1,235,000 | -6.8% | $333 / Sq Ft | |
| 09/20/2024 09/20/24 | Pending | -- | -- | -- | |
| 08/22/2024 08/22/24 | Price Changed | $1,325,000 | -3.6% | $358 / Sq Ft | |
| 06/24/2024 06/24/24 | For Sale | $1,375,000 | +25.0% | $371 / Sq Ft | |
| 02/03/2016 02/03/16 | Sold | $1,100,000 | +0.1% | $297 / Sq Ft | View Prior Sale |
| 01/04/2016 01/04/16 | Pending | -- | -- | -- | |
| 11/15/2015 11/15/15 | For Sale | $1,099,000 | +81.1% | $297 / Sq Ft | |
| 06/09/2014 06/09/14 | Sold | $607,000 | -4.4% | $164 / Sq Ft | View Prior Sale |
| 06/08/2014 06/08/14 | Pending | -- | -- | -- | |
| 03/24/2014 03/24/14 | For Sale | $635,000 | -- | $171 / Sq Ft |
Source: The MLS
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 | $16,162 | $1,235,000 | $835,000 | $400,000 |
| 2024 | $16,162 | $1,276,638 | $406,201 | $870,437 |
| 2023 | $15,861 | $1,251,607 | $398,237 | $853,370 |
| 2022 | $15,148 | $1,227,067 | $390,429 | $836,638 |
| 2021 | $14,953 | $1,203,008 | $382,774 | $820,234 |
| 2019 | $14,520 | $1,167,858 | $371,422 | $796,436 |
| 2018 | $14,466 | $1,144,970 | $364,140 | $780,830 |
| 2016 | $12,293 | $974,640 | $406,100 | $568,540 |
| 2015 | $8,057 | $619,127 | $415,131 | $203,996 |
| 2014 | -- | $213,093 | $88,786 | $124,307 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Glenn
-
Davis Saadian
Buyer's Agent in 2024
Davis Saadian
Keller Williams Hollywood Hills
(310) 402-8958
1 in this area
76 Total Sales
-
A
Seller's Agent in 2016
Andrew Rafison
Edgestone Real Estate, Inc.
-
D
Seller Co-Listing Agent in 2016
David Kahenasa
ARLO Real Estate Advisors
-
Larry Margo
Buyer's Agent in 2016
Larry Margo
Berkshire Hathaway HomeServices California Properties
(818) 755-1000
4 Total Sales
-
Jason Tuvia
Seller's Agent in 2014
Jason Tuvia
Marcus & Millichap
(818) 212-2700
11 in this area
109 Total Sales
Map
Source: The MLS
MLS Number: 23-238041
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 306 N Bixel St
- 308 E Edgeware Rd
- 340 Firmin St
- 1272 W Court St
- 1274 W Court St
- 1276 W Court St
- 1260 W 1st St
- 356 Laveta Terrace
- 1340 Carroll Ave
- 1523 Cortez St
- 1354 Carroll Ave
- 1530 W Temple St
- 1202 W Sunset Blvd
- 1534 W Temple St
- 908 Everett St
- 1348 Kellam Ave
- 837 White Knoll Dr
- 208 Columbia Place
- 1236 W Sunset Blvd
- 216 Columbia Place
- 312 N Bixel St
- 322 N Bixel St
- 310 N Bixel St
- 315 Firmin St
- 321 Firmin St
- 311 Firmin St
- 330 N Bixel St Unit 204
- 330 N Bixel St Unit 109
- 330 N Bixel St
- 1231 W Court St
- 1245 W Court St
- 1237 W Court St
- 318 Firmin St
- 321 N Bixel St Unit 1
- 321 N Bixel St Unit 7
- 321 N Bixel St Unit 5
- 321 N Bixel St
- 321 N Bixel St Unit 2
- 321 N Bixel St
- 307 N Bixel St
Your Personal Tour Guide
Ask me questions while you tour the home.