$610,000
SOLD JUN 3, 2025
4 Beds
4 Baths
2,376 Sq Ft
5,200 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

20% Below List Price

15 Days on Market

Highlights

  • City Lights View
  • Wrought Iron Fence
  • Vinyl Flooring
  • No HOA

About This Home

As of June 2025

Prime Investment Opportunity Near Downtown Los Angeles! This exceptional multi-unit investment property, offers 2376 sq. ft. of living space in a prime location near USC, Los Angeles memorial Coliseum Exposition park, BMO Stadium and Major freeways The property consists of four units with 1 bedroom and 1 bathroom the Exterior has just been painted and offers great curb appeal and all bathrooms have been remodeled , this property is ideal for renters seeking proximity to key city. Whether you're looking to expand your rental portfolio or start fresh with a solid income producing property this one checks all the boxes.

Last Agent to Sell the Property

Gus Guzman

Century 21 Realty Masters Brokerage Phone: 562-884-1393 License #01492463 Listed on: 04/24/2025

Century 21 Realty Masters

Last Buyer's Agent

Gus Guzman

Century 21 Realty Masters Brokerage Phone: 562-884-1393 License #01492463 Listed on: 04/24/2025

Century 21 Realty Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,749

Year Built

  • Built in 1946

Lot Details

  • 5,200 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Shingle Roof

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25 / B
  • Assessor Parcel Number 5111005030
  • $446 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $80
  • Trash Expense $100
  • Water Sewer Expense $500
  • Operating Expense $1,000
  • Gross Income $4,371
  • Net Operating Income $3,371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,749

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Price Per Unit: 190000
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 500.00
  • Zoning: LARD2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5111005030
  • Year Built: 1946
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: LIving room
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: No
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 256.73

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Multi Family

  • Gross Income: 4371.00
  • Gross Scheduled Income: 4371.00
  • Insurance Expense: 80.00
  • Lot Size Area: 5200.0000 Square Feet
  • Net Operating Income: 3371.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1000.00
  • Rent Control: Yes
  • Total Expenses: 1000.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 2318.00
  • Tax Lot: 25
  • Tax Tract Number: c004
  • TaxOtherAnnualAssessmentAmount: 446.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 30, 2025
Sold by
Perez Gloria
Bought by
Perez Jose Manuel
Seller's Agent
Gus Guzman
Century 21 Realty Masters
Buyer's Agent
Gus Guzman
Century 21 Realty Masters
List Price
$759,999
Sold Price
$610,000
Premium/Discount to List
-$149,999
-19.74%
Views
26
Current Estimated Value
$613,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,391
Avg. Annual Appreciation
2.24%
Original Mortgage
$457,500
Outstanding Balance
$456,719
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$156,672

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 13, 2025
Sold by
Luna Trust and Luna Isalas
Bought by
Perez Jose Manuel
Seller's Agent
Gus Guzman
Century 21 Realty Masters
Buyer's Agent
Gus Guzman
Century 21 Realty Masters
List Price
$759,999
Sold Price
$610,000
Premium/Discount to List
-$149,999
-19.74%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Outstanding Balance
$456,719
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$156,672

Purchase Details

Closed on
Jan 16, 2023
Sold by
Luna Isaias and Luna Alicia
Bought by
Luna Trust

Purchase Details

Closed on
Sep 1, 2004
Sold by
Yates Chris
Bought by
Blue Water Contractors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2004
Sold by
Blue Water Contractors
Bought by
Luna Isaias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Yates Nicole
Bought by
Yates Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Lugo Jess O and Lugo Rossana P
Bought by
Yates Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Wfg National Title
Grant Deed $610,000 Wfg National Title
Deed -- --
Grant Deed -- First American Title
Grant Deed $384,000 First American Title
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $285,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $457,500 New Conventional
Previous Owner $405,300 New Conventional
Previous Owner $423,500 New Conventional
Previous Owner $345,600 Purchase Money Mortgage
Previous Owner $199,500 Purchase Money Mortgage
Closed $57,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Sold $610,000 -19.7% $257 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $759,999 -- $320 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $6,749 $535,247 $223,018 $312,229
2024 $6,749 $524,753 $218,646 $306,107
2023 $6,624 $514,464 $214,359 $300,105
2022 $6,325 $504,377 $210,156 $294,221
2021 $6,240 $494,488 $206,036 $288,452
2019 $6,060 $480,484 $199,926 $280,558
2018 $5,965 $471,076 $196,006 $275,070
2016 $5,689 $452,151 $188,396 $263,755
2015 $5,056 $399,000 $180,000 $219,000
2014 $5,192 $399,000 $180,000 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25087258

California Regional Multiple Listing Service (CRMLS)

APN: 5111-005-030