$2,600,000
$2M PRICE DROP

Estimated payment $14,561/month

Total Views 5,965
5 Beds
4 Baths
3,584 Sq Ft
$725 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Private Yard
  • Neighborhood Views
  • Storage

About This Home

Multi-Family 3-Unit. Located in a prime Location nearby Downtown LA. This is an outstanding opportunity for an investor or a developer. This property is located across from the BMO Stadium, The Lucas museum of Narrative Art, that will open in 2026. Natural History Museum, Rose Garden and Science Center. Also is nearby Metro Expo Line, walking distance to the University Of Southern California and 110 Freeway. Zoning regulation is LAC2, suitable for future potential development. The rental market in this area has tremendous upside. The 3-Units consist of 3 addresses 3830, 3830 1/2, and 3832. Has 3-bedrooms and 2-bathrooms upstairs and 2 units down stairs with 1-bedroom and 1-bathroom each. The upstairs unit is the only one that has a separate private entry & exit area through back which leads to the garages and open parking area. Has 3 gas meters, 3 electrical meters and 1 water meter. All the units don't have air condition. There is a 4-car garage in the back yard. All units have inside laundry hook ups. All the units are occupied by the owners, therefore there is no operating expenses and income information on the MLS. There are 2 commercial advertising signs in front of this property that produces a monthly income.

Listing Agent

Maria Rissler

Ontrak Real Estate Brokerage Phone: 310.429.4984 License #01701684 Listed on: 04/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 1923

Lot Details

  • 7,010 Sq Ft Lot
  • Lot Dimensions are 140x50
  • Two or More Common Walls
  • Wood Fence
  • Wire Fence
  • Private Yard

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • Triplex
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Storage
  • Laundry Room
  • Neighborhood Views
  • Fire and Smoke Detector
  • Gas Oven

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Additional Features

  • Accessible Parking
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 18 / 14
  • Tax Tract Number 1
  • Assessor Parcel Number 5037031017
  • $1,775 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Service Entrance

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,424

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310 429 4984
  • Other Phone Number: 310 429 4984
  • Price Per Unit: 866667
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LAC2
  • Property Condition: Additions/Alterations, Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5037031017
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Service Entrance
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 725.45
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wire, Wood
  • Pool Private: No
  • Roof: Shingle, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Parking Space
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size: 140x50
  • Lot Size Sq Ft: 7010.00
  • Lot Size Acres: 0.1609

Multi Family

  • Lot Size Area: 7010.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 2311.00
  • Tax Lot: 18
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1775.00

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 $2,424 $61,219 $51,449 $9,770
2024 $2,424 $60,020 $50,441 $9,579
2023 $2,397 $58,844 $49,452 $9,392
2022 $2,300 $57,691 $48,483 $9,208
2021 $2,208 $56,561 $47,533 $9,028
2019 $2,148 $54,885 $46,124 $8,761
2018 $1,975 $53,810 $45,220 $8,590
2016 $2,006 $51,722 $43,465 $8,257
2015 $1,946 $50,946 $42,813 $8,133
2014 $1,923 $49,949 $41,975 $7,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $2,600,000 -13.3% $725 / Sq Ft
06/05/2025 06/05/25 Price Changed $3,000,000 -18.0% $837 / Sq Ft
05/20/2025 05/20/25 Price Changed $3,657,500 -21.5% $1,021 / Sq Ft
04/04/2025 04/04/25 For Sale $4,657,500 -- $1,300 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- Chicago Title Co
Grant Deed -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Ticor Title Nls Orange
Interfamily Deed Transfer -- Ticor Title Nls Orange
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Credit Line Revolving
Previous Owner $18,500 Purchase Money Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25073359

California Regional Multiple Listing Service (CRMLS)

APN: 5037-031-017