$2,090,000

Estimated payment $12,174/month

18 Beds
16 Baths
6,816 Sq Ft
$307 Price per Sq Ft

Highlights

  • Lot Sloped Down
  • Cooling System Mounted To A Wall/Window
  • Bike Trail
  • Lincoln High School Rated A-
  • Laundry Room
  • Rectangular Lot

About This Home

Exceptional investment opportunity featuring 6 spacious multi-family units across two separate well-maintained buildings situated on a 6,816 SF lot. Each unit offers an expansive 3-bedroom, 2-bathroom floor plan with over 1,100 square feet of living space, providing strong tenant appeal and excellent rental potential.
The property has been pridefully maintained and offers a desirable unit mix ideal for long-term tenants and consistent cash flow. Spacious interiors feature functional layouts, generous bedroom sizes, abundant natural light, and comfortable living areas designed for modern living.
With two separate structures, the property offers enhanced privacy, flexible management options, and attractive curb appeal. Ample on-site parking, low-maintenance grounds, and strong occupancy potential further enhance this asset’s value.
Located in a high-demand rental market with close proximity to schools, shopping, dining, transportation, and major freeways, this is a rare opportunity for investors seeking stable income and long-term appreciation. Perfect for both seasoned investors and owner-users looking to maximize rental income.
A rare chance to acquire a solid multi-family asset with strong fundamentals and significant upside potential.

Listing Agent

GABRIEL DIAZ

Pak Home Realty Brokerage Phone: 323-855-8656 License #01267046 Listed on: 05/14/2026

Pak Home Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,647 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Irregular Lot

Home Design

  • Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 6,816 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Lot Sloped Down

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 82
  • Tax Tract Number 5508
  • Assessor Parcel Number 5309003020
  • $1,264 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $333
  • Trash Expense $100
  • Water Sewer Expense $500
  • Operating Expense $29,050
  • Gross Income $144,000
  • Net Operating Income $114,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,647 Sq Ft Lot

Listing Details

  • CapRate: 5.50
  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5309003020
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Price Per Square Foot: 306.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Community, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Biking, Street Lights, Urban, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sloped Down, Irregular Lot, Up Slope from Street
  • Lot Size Sq Ft: 7647.00
  • Lot Size Acres: 0.1756

Multi Family

  • Average3 Bed Area: 1100 Square Feet
  • Electric Expense: 100.00
  • Gross Income: 144000.00
  • Gross Multiplier: 14.50
  • Gross Scheduled Income: 144000.00
  • Insurance Expense: 333.33
  • Lot Size Area: 7647.0000 Square Feet
  • Net Operating Income: 114950.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 29050.00
  • Rent Control: Yes
  • Total Expenses: 29050.00

Tax Info

  • Tax Lot: 82
  • Tax Tract Number: 5508
  • TaxOtherAnnualAssessmentAmount: 1264.00

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 $12,329 $945,471 $540,271 $405,200
2024 $12,329 $926,933 $529,678 $397,255
2023 $12,109 $908,759 $519,293 $389,466
2022 $11,581 $890,941 $509,111 $381,830
2021 $11,410 $873,473 $499,129 $374,344
2019 $11,090 $849,888 $484,326 $365,562
2018 $10,937 $833,270 $474,830 $358,440
2016 $10,366 $798,686 $456,393 $342,293
2015 $10,225 $786,690 $449,538 $337,152
2014 $10,292 $771,281 $440,733 $330,548
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2026 05/14/26 For Sale $2,090,000 -- $307 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $665,000 Orange Coast Title
Grant Deed $543,000 Investors Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $330,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26105914

California Regional Multiple Listing Service (CRMLS)

APN: 5309-003-020

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