$1,226,000

Estimated payment $7,580/month

Total Views 1,478
1 Bed
2 Baths
5,180 Sq Ft
$237 Price per Sq Ft

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

Andres Diaz

FACTIO GROUP Brokerage Phone: 323-376-2469 License #01956479 Listed on: 03/31/2026

FACTIO GROUP

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

4,800 Sq Ft Lot

Listing Details

  • CapRate: 6.99
  • Professional Management Expense: 7361.00
  • Property Attached: Yes
  • Supplies Expense: 3000.00
  • Water Sewer Expenses: 31984.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5114025018
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 236.68

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Pest Control Expense: 3000.00
  • Sewer: Public Sewer
  • Trash Expense: 11378.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average Studio Area: 450 Square Feet
  • Electric Expense: 500.00
  • Fuel Expense: 4000.00
  • Gross Income: 189725.00
  • Gross Multiplier: 6.46
  • Gross Operating Income: 184033.00
  • Gross Scheduled Income: 189725.00
  • Insurance Expense: 10523.00
  • Lot Size Area: 4800.0000 Square Feet
  • Maintenance Expense: 10000.00
  • Net Operating Income: 85673.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 98361.00
  • Rent Control: Yes
  • Total Expenses: 98361.00

Tax Info

  • New Taxes Expense: 14712.00
  • Tax Lot: 19
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 1203.00

Map

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,584 $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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26069068

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.