$900,000
$25K PRICE DROP

Estimated payment $5,419/month

Total Views 5,651
4 Beds
3 Baths
2,106 Sq Ft
$427 Price per Sq Ft

Highlights

  • No HOA
  • 3-minute walk to Expo/Crenshaw
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

*****BRAND NEW LOWER PRICE*************!!! ***NEW ROOF, LESS THAN 12 M0NTHS OLD***
Located in the historic Jefferson Park area of Los Angeles, this is a rare chance to purchase a well kept 3 unit investors dream. Originally constructed in 1947, this one story property features 3 units totaling 2115 square feet on a 5100 square foot lot size. This property will be sold in "as is" condition and out of respect for the occupants we kindly ask that you do not disturb them nor walk on property.

Unit #1--1 bedrm and 1 bath 637 square feet.
Unit#2-- 1 bedrm and 1 bath 624 square feet.
Unit #3 has 2 bedrms and 1 bath 854 square feet.

Listing Agent

CHARLIE EVANS

EVANS FINANCIAL NETWORK Brokerage Phone: 626-688-0691 License #01108617 Listed on: 02/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,486

Year Built

  • Built in 1947

Lot Details

  • 5,623 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,106 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 7823
  • Assessor Parcel Number 5046002035

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,400
  • Trash Expense $2,400
  • Operating Expense $4,800
  • Gross Income $48,000
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,486

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 300000
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5046002035
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 427.35
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5623.00
  • Lot Size Acres: 0.1291
  • Latitude Manual: 34.02333300

Multi Family

  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 5623.0000 Square Feet
  • Net Operating Income: 42000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Expenses: 4800.00

Tax Info

  • Tax Census Tract: 2200.00
  • Tax Lot: 56
  • Tax Tract Number: 7823

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 $7,486 $591,892 $355,136 $236,756
2024 $7,486 $580,287 $348,173 $232,114
2023 $7,346 $568,910 $341,347 $227,563
2022 $7,012 $557,755 $334,654 $223,101
2021 $6,913 $546,820 $328,093 $218,727
2019 $6,710 $530,603 $318,362 $212,241
2018 $6,594 $520,200 $312,120 $208,080
2016 $6,294 $500,000 $300,000 $200,000
2015 $3,106 $232,492 $119,567 $112,925
2014 -- $227,938 $117,225 $110,713
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $900,000 -2.7% $427 / Sq Ft
02/10/2025 02/10/25 For Sale $925,000 +85.0% $439 / Sq Ft
07/27/2015 07/27/15 Sold $500,000 -13.8% $237 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $580,000 -- $275 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $500,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $175,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $425,000 New Conventional
Previous Owner $400,000 Adjustable Rate Mortgage/ARM
Previous Owner $30,000 Credit Line Revolving
Previous Owner $250,000 Fannie Mae Freddie Mac
Previous Owner $185,000 Unknown
Previous Owner $148,519 FHA
Previous Owner $149,285 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25030331

California Regional Multiple Listing Service (CRMLS)

APN: 5046-002-035