3232 S Central Ave Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $7,451/month
About This Home
3232 S. Central Avenue is a 10-unit apartment complex located in South Central Los Angeles. The opportunity consists of an 8-unit property in front constructed in 1924 and a duplex in the rear built in 1930. Each unit is separately metered for gas and electricity. The 2-story apartment building has seen recent capital improvements including upgraded electrical panels. The property consists of four (4) studio units and six (6) one-bedroom units spread across 5,180 rentable square feet.
Listing Agent
FACTIO GROUP Brokerage Phone: 323-376-2469 License #01956479 Listed on: 03/31/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 4,800 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,180 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 2
- Assessor Parcel Number 5114025018
- $1,203 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 10 Units
Building Details
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $500
- Fuel Expense $4,000
- Gardener Expense $1,200
- Insurance Expense $10,523
- Maintenance Expense $10,000
- Pest Control $3,000
- Professional Management Expense $7,361
- Supplies Expense $3,000
- Trash Expense $11,378
- Water Sewer Expense $31,984
- New Taxes Expense $14,712
- Operating Expense $98,361
- Gross Income $189,725
- Net Operating Income $85,673
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,408 | $874,334 | $381,766 | $492,568 |
| 2024 | $11,408 | $857,191 | $374,281 | $482,910 |
| 2023 | $11,204 | $840,385 | $366,943 | $473,442 |
| 2022 | $10,718 | $823,908 | $359,749 | $464,159 |
| 2021 | $10,569 | $807,754 | $352,696 | $455,058 |
| 2019 | $11,244 | $783,797 | $342,236 | $441,561 |
| 2018 | $11,151 | $768,429 | $335,526 | $432,903 |
| 2016 | $10,609 | $738,593 | $322,499 | $416,094 |
| 2015 | $9,547 | $727,499 | $317,655 | $409,844 |
| 2014 | $9,639 | $713,249 | $311,433 | $401,816 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $1,226,000 | +72.7% | $237 / Sq Ft | |
| 11/06/2012 11/06/12 | Sold | $710,026 | -2.1% | $139 / Sq Ft | View Prior Sale |
| 10/26/2012 10/26/12 | Pending | -- | -- | -- | |
| 09/18/2012 09/18/12 | For Sale | $725,000 | -- | $142 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26069068
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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