$1,450,000

Estimated payment $9,078/month

8 Beds
8 Baths
5,496 Sq Ft
$264 Price per Sq Ft

About This Home

Rare stabilized multi-family opportunity in the heart of the growing West Adams and Jefferson Park corridor. The property consists of eight 1923 bungalow style units positioned around an open courtyard, creating a low density setting that continues to attract long term renters. Listed at a 6.40% CAP rate and supported by a low cost basis of $181,250 per unit and $263/SF, the asset offers both strong in place income and clear upside. The surrounding neighborhood features rapid revitalization, new restaurants, improved transit access, and steady demand driven by its central location near major employment hubs. This combination positions the property as a compelling investment with durablecash flow and future value potential.

Listing Agent

Jake Zacuto

Zacuto Group License #01377441 Listed on: 12/12/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Interior Spaces

  • 5,496 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • Shed
  • 0.25 Acre Lot

Community Details

  • 5 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-017-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 5496
  • Lot Acreage: 0.2525
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 263.83

Exterior Features

  • Other Structures: Shed(s)

Lot Info

  • Assessed Improvement Percent: 48.18
  • Assessed Improvement Value: 49923
  • Assessed Land Percent: 51.82
  • Assessed Land Value: 53694
  • Total Assessed Value: 103617
  • Assessor Parcel Number: 5051-017-007
  • Lot Size Area: 10994

Rental Info

  • Total Actual Rent: 134537.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 10.78
  • Number Of Units: 8
  • Type Of Units: Bungalow

Map

Range of Values:

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Collateral Analytics

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List Price
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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 List to Sale Price per Sq Ft
12/12/2025 12/12/25 For Sale $1,450,000 -- $264 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25628249

The MLS