$1,635,000
SOLD FEB 21, 2025
6 Beds
5 Baths
3,690 Sq Ft
10,435 Sq Ft Lot

Recently Sold

$443 Per Sq Ft

2% Above List Price

22 Days on Market

Highlights

  • No HOA
  • Bike Trail
  • 1-Story Property

About This Home

As of February 2025

Investor's Dream – VACANT Three Separate Homes on a Huge Lot in an Opportunity Zone!
Centrally located property featuring three separate homes on a lot with a spacious lot size of approximately 0.24 acres (10,428 square feet) and a total living space of 3,690 square feet. This triplex includes 6 bedrooms and 5 bathrooms, making it ideal for multiple tenants or multi-generational living.
Located in close proximity to USC, Downtown Los Angeles, the Exposition Metro Line, BMO Stadium, and the Los Angeles Memorial Coliseum, this property offers prime rental potential in a high-demand area. With the 2028 Los Angeles Olympics just around the corner, this location will be at the center of the action, further increasing demand and investment opportunities.
Whether you're an investor looking to maximize rental income or a USC parent seeking a long-term housing solution with passive income potential, this property is a must-see. Situated in a desirable Opportunity Zone.
Keep the triplex as is or explore the endless possibilities. Location, opportunity, and potential.

Last Agent to Sell the Property

Crystal Melissa Ryan

Tower Agency Brokerage Phone: 323-907-0051 License #02130364 Listed on: 01/12/2025

Co-Listed By

Jerica Jensen

The Beverly Hills Estates Brokerage Phone: 323-907-0051 License #02103881

Last Buyer's Agent

Anthony Baharian

Rodeo Realty License #02082690

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,749

Year Built

  • Built in 1912

Lot Details

  • 10,435 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex

Interior Spaces

  • 3,690 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • 5 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 1639
  • Assessor Parcel Number 5037008018
  • $658 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,749

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 5037008018
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3690.00 Square Feet
  • Stories: 1
  • Entry Location: First Level
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 443.09
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10435.00
  • Lot Size Acres: 0.2396

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10435.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 2312.10
  • Tax Lot: 18
  • Tax Tract Number: 1639
  • TaxOtherAnnualAssessmentAmount: 658.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2025
Closed on
Feb 18, 2025
Sold by
Budlong Housing Llc
Bought by
Budlong Holdings Group Llc
Seller's Agent
Crystal Melissa Ryan
Tower Agency
Buyer's Agent
Anthony Baharian
Rodeo Realty
List Price
$1,609,000
Sold Price
$1,635,000
Premium/Discount to List
$26,000
1.62%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.07%

Purchase Details

Closed on
Jun 5, 2024
Sold by
Barlowe Richard
Bought by
Budlong Housing Llc

Purchase Details

Closed on
May 30, 2024
Sold by
Mortgage Lender Services Inc
Bought by
Barlowe Richard

Purchase Details

Closed on
Dec 18, 2023
Sold by
Mizrahi Eric
Bought by
Jooblay Us Ca Legal Llc

Purchase Details

Closed on
Jul 12, 2015
Sold by
Hernandez Juan Cruz and Cruz Leonila
Bought by
Cruz Isela and Juan Amador Family Trust

Purchase Details

Closed on
May 26, 2005
Sold by
Cruz Celio
Bought by
Hernandez Juan Cruz and Cruz Leonila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 2002
Sold by
Hernandez Juan Cruz and Cruz Celio
Bought by
Hernandez Juan Cruz and Cruz Leonila
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 $1,635,000 Stewart Title Of California In
Quit Claim Deed -- None Listed On Document
Trustee Deed $381,064 --
Grant Deed -- Accommodation/Courtesy Recordi
Interfamily Deed Transfer -- None Available
Grant Deed -- Southland Title Corporation
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $275,000 New Conventional
Previous Owner $399,700 Stand Alone First
Previous Owner $313,000 Fannie Mae Freddie Mac
Previous Owner $246,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2025 07/06/25 Price Changed $3,600 -5.3% $3 / Sq Ft
05/25/2025 05/25/25 For Rent $3,800 0.0% --
02/21/2025 02/21/25 Sold $1,635,000 +1.6% $443 / Sq Ft
01/12/2025 01/12/25 For Sale $1,609,000 -0.1% $436 / Sq Ft
05/19/2022 05/19/22 Sold $1,610,000 +7.7% $436 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $1,495,000 -- $405 / 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
2024 $20,749 $1,675,044 $1,040,400 $634,644
2023 $20,354 $1,642,200 $1,020,000 $622,200
2022 $6,885 $534,545 $314,929 $219,616
2021 $6,782 $524,064 $308,754 $215,310
2020 $6,844 $518,692 $305,589 $213,103
2019 $4,983 $377,278 $299,598 $77,680
2018 $4,829 $369,881 $293,724 $76,157
2016 $4,605 $355,519 $282,319 $73,200
2015 $4,542 $350,180 $278,079 $72,101
2014 $4,579 $343,321 $272,632 $70,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25007837

California Regional Multiple Listing Service (CRMLS)

APN: 5037-008-018