$1,300,000

Estimated payment $8,165/month

Total Views 3,142
12 Beds
8 Baths
4,886 Sq Ft
$266 Price per Sq Ft

About This Home

6 units ready for a new owner property has a lot of upside potential, Excellent opportunity for investors/developers or an owner-user to own and live in a triplex within historic Filipino town! Directly adjacent to Echo Park/Silverlake Needs TLC. Bring your contractor!

Listing Agent

Brent Lippincott

TREC HOMES INC. Brokerage Phone: 909-917-4883 License #01729047 Listed on: 06/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 9,337 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,886 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 17 / 2
  • Tax Tract Number 16
  • Assessor Parcel Number 5156015023
  • $1,216 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,000
  • Insurance Expense $5,000
  • Trash Expense $2,500
  • Water Sewer Expense $12,000
  • Operating Expense $25,500
  • Gross Income $77,400
  • Net Operating Income $147,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Price Per Unit: 216667
  • Property Attached: Yes
  • Water Sewer Expenses: 12000.00
  • Zoning: LARD2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5156015023
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 266.07

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 6500-9999
  • Lot Size Sq Ft: 9337.00
  • Lot Size Acres: 0.2143

Multi Family

  • Electric Expense: 6000.00
  • Gross Income: 77400.00
  • Gross Scheduled Income: 172800.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 9337.0000 Square Feet
  • Net Operating Income: 147300.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 25500.00
  • Rent Control: Yes
  • Total Actual Rent: 6.00
  • Total Expenses: 25500.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 1958.02
  • Tax Lot: 17
  • Tax Tract Number: 16
  • TaxOtherAnnualAssessmentAmount: 1216.00

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

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $1,300,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25127577

California Regional Multiple Listing Service (CRMLS)