$760,000
SOLD APR 25, 2025
4 Beds
3 Baths
1,786 Sq Ft
8,660 Sq Ft Lot

Recently Sold

$426 Per Sq Ft

2% Below List Price

51 Days on Market

Highlights

  • Laundry Room
  • Back Yard
  • 1-Story Property

About This Home

As of April 2025

Imagine living in one of your own properties while earning passive income from the others! This incredible opportunity features three units, each with one bedroom and one bath. Plus, there’s enough space to add an additional dwelling in the back!
With one unit currently vacant, you can move right in and start your landlord journey.
Don't let this chance slip away. Located just around the corner from the 10/ 5/ 60 fwy, these units provide convenient access to shops, restaurants and amenities such as the USC Medical Center, Keck Hospital, Gold Line Soto station and everything else that Downtown Los Angeles has to offer. Call me to schedule a showing!!

Last Agent to Sell the Property

Danny Navarro

Century 21 Allstars Brokerage Phone: 949-903-6633 License #01938421 Listed on: 02/25/2025

Century 21 Allstars

Last Buyer's Agent

Richard Stern

TCB Real Estate Services License #01017859

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 8,660 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 56 / 4
  • Tax Tract Number 56
  • Assessor Parcel Number 5188015030

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $250
  • Trash Expense $100
  • Water Sewer Expense $125
  • Operating Expense $475
  • Gross Income $54,000
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 125.00
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5188015030
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 425.53

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: None
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8660.00
  • Lot Size Acres: 0.1988

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 250.00
  • Lot Size Area: 8660.0000 Square Feet
  • Net Operating Income: 1000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1000.00
  • Rent Control: Yes
  • Total Expenses: 475.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 2049.10
  • Tax Lot: 56
  • Tax Tract Number: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Apr 17, 2025
Sold by
Rodriguez Maria
Bought by
Lopez Augustin
Seller's Agent
Danny Navarro
Century 21 Allstars
Buyer's Agent
Richard Stern
TCB Real Estate Services
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%
Views
51
Current Estimated Value
$753,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,959
Avg. Annual Appreciation
-1.25%
Original Mortgage
$532,000
Outstanding Balance
$529,158
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$223,883

Purchase Details

Listed on
Feb 25, 2025
Closed on
Mar 14, 2025
Sold by
Enriquez Ricardo and Enriquez Martha C
Bought by
Lopez Agustin
Seller's Agent
Danny Navarro
Century 21 Allstars
Buyer's Agent
Richard Stern
TCB Real Estate Services
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Outstanding Balance
$529,158
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$223,883

Purchase Details

Closed on
Jan 19, 1999
Sold by
Mueller Charles A
Bought by
Enriquez Ricardo and Enriquez Martha C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.24%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 -- Fidelity National Title
Grant Deed $760,000 Fidelity National Title
Grant Deed $60,000 United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,000 New Conventional
Previous Owner $120,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $760,000 -1.9% $426 / Sq Ft
02/25/2025 02/25/25 For Sale $775,000 -- $434 / 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 $3,785 $280,015 $151,993 $128,022
2024 $3,785 $274,525 $149,013 $125,512
2023 $3,720 $269,143 $146,092 $123,051
2022 $3,561 $263,867 $143,228 $120,639
2021 $3,512 $258,694 $140,420 $118,274
2020 $3,542 $256,043 $138,981 $117,062
2019 $3,417 $251,023 $136,256 $114,767
2018 $3,272 $246,102 $133,585 $112,517
2016 $3,118 $236,548 $128,399 $108,149
2015 $3,076 $232,996 $126,471 $106,525
2014 $3,107 $228,433 $123,994 $104,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25042218

California Regional Multiple Listing Service (CRMLS)

APN: 5188-015-030