$1,550,000

Estimated payment $9,649/month

Total Views 2,034
6 Beds
4 Baths
2,318 Sq Ft
$669 Price per Sq Ft

Highlights

  • City View
  • Modern Architecture
  • 4 Car Detached Garage
  • Eagle Rock High School Rated A
  • Quartz Countertops
  • Kitchen Island

About This Home

Triplex Investment Opportunity in Sought-After Glassell Park Strong Income, Value-Add Potential, and Prime Location. Discover an outstanding triplex in the heart of Glassell Park, one of LA's hottest neighborhoods! This premier investment property features three distinct units, with two completely remodeled in 2019 for a modern, turnkey living experience and one offering exciting value-add potential. Front Unit: 2 Bed / 1 Bath Open concept layout, quartz countertops, stainless steel appliances (stove, refrigerator/ice maker, dishwasher, oven hood), stylish flooring, glass backsplash, in-unit washer/dryer, AC/heater. There is a gorgeous yard area for modern entertaining. Middle unit: 1 Bed / 1 Bath Same luxurious upgrades as the front unit. Rear unit: 3 Bed / 2 Bath Detached building, private and spacious backyard with mature trees, storage shed, and scenic views. This unit presents an exceptional value-add opportunity, as it is the only one that has not yet been remodeled, unlocking significant rental upside for savvy investors. This is a rare opportunity to own a high-demand, multi-unit property with immediate income and future value growth potential in one of LA's most desirable neighborhoods. Secure your stake in Glassell Park's thriving real estate market today!

Listing Agent

Bryan Miyamoto

Keller Williams Realty Los Feliz License #01346587 Listed on: 06/11/2025

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,678

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 9,003 Sq Ft Lot
  • Lot Dimensions are 50x180

Parking

  • 4 Car Detached Garage
  • Parking Deck

Property Views

  • City
  • Park or Greenbelt

Home Design

  • Triplex
  • Modern Architecture
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,318 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Sewer in Street

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5460-010-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,678

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2318
  • Lot Acreage: 0.2067
  • Lot Dimensions: 50x180
  • Property Condition: Updated/Remodeled, Repair Cosmetic
  • Year Built: 1924
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Microwave, Oven-Electric
  • Bedrooms: 6
  • Kitchen Features: Counter Top, Island, Quartz Counters, Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven
  • Price Per S Q F T: 668.68

Exterior Features

  • Other Features: Barbecue Private
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Deck(s), Detached
  • Total Parking: 4

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Wall Unit(s), Central
  • Heating: Central, Wall Electric
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 26.92
  • Assessed Improvement Value: 364140
  • Assessed Land Percent: 73.08
  • Assessed Land Value: 988380
  • Total Assessed Value: 1352520
  • Assessor Parcel Number: 5460-010-008
  • Lot Size Area: 9003

Rental Info

  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Cable TV, Electricity, Insurance

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.30
  • Number Of Units: 3
  • Total Annual Expense: 20480
  • Type Of Units: Triplex
  • Vacancy Rate: none

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

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 $16,678 $1,379,569 $1,008,147 $371,422
2024 $16,678 $1,352,520 $988,380 $364,140
2023 $16,356 $1,326,000 $969,000 $357,000
2022 $12,408 $1,026,442 $686,356 $340,086
2021 $12,254 $1,006,317 $672,899 $333,418
2020 $12,377 $996,000 $666,000 $330,000
2019 $6,561 $528,082 $396,345 $131,737
2018 $6,436 $517,728 $388,574 $129,154
2016 $6,139 $497,626 $373,486 $124,140
2015 $6,051 $490,152 $367,876 $122,276
2014 $6,082 $480,551 $360,670 $119,881
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $1,550,000 +19.2% $669 / Sq Ft
05/16/2022 05/16/22 Sold $1,300,000 -7.1% $561 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $1,399,000 0.0% $604 / Sq Ft
03/31/2021 03/31/21 Rented $1,950 0.0% --
02/26/2021 02/26/21 For Rent $1,950 -8.9% --
01/07/2020 01/07/20 Rented $2,140 +2.1% --
12/18/2019 12/18/19 Price Changed $2,095 -4.8% $4 / Sq Ft
11/18/2019 11/18/19 For Rent $2,200 0.0% --
08/01/2019 08/01/19 Sold $830,000 -2.4% $332 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $849,999 -- $340 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $830,000 First American Title
Warranty Deed $469,000 Lawyers Title Company
Warranty Deed $330,750 None Available
Warranty Deed -- None Available
Warranty Deed -- Civic Center Title Svcs Inc
Warranty Deed -- American Coast Title
Warranty Deed -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $948,750 New Conventional
Closed $712,250 FHA
Previous Owner $423,956 FHA
Previous Owner $457,075 FHA
Previous Owner $30,000 Credit Line Revolving
Previous Owner $275,000 Fannie Mae Freddie Mac
Previous Owner $200,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $164,430 Unknown
Previous Owner $161,000 Purchase Money Mortgage
Source: Public Records

Source: The MLS

MLS Number: 25551089

The MLS

APN: 5460-010-008