$999,000
PENDING

Estimated payment $5,815/month

Total Views 12
9 Beds
4 Baths
5,400 Sq Ft
$185 Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • Views
  • Carpet
  • Spanish Architecture
  • Floor Furnace

About This Home

Priced to sell. Nearly 5,400 sq ft across four large units near USC, Exposition Park, and Jefferson Park, listed under $1 million. That's right. Just $185 per sq ft in a neighborhood where comps average over $310. Includes three oversized 2-bedroom 1-bath units at approximately 1,300 sq ft each and one spacious 3-bedroom 1-bath unit around 1,500 sq ft. One unit will be delivered vacant at closing, offering the ideal setup for an owner-user to live in one unit while collecting rent from the other three. Potential rental income is around $10,000 per month with room to add one or even two ADUs for additional upside. Conveniently located between Leimert Park and Jefferson Park with easy access to the 110 and 10 freeways and just minutes from USC, Downtown LA, the Coliseum, and other major 2028 Olympic venues. With high rental demand and a motivated seller this is LA's deal of the year. Submit your best offer because opportunities like this don't wait.

Listing Agent

Moe Maithalouni

The Homes Network License #02006021 Listed on: 07/28/2025

Co-Listing Agent

Raul Mendoza

The Homes Network License #01819621

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,136

Year Built

  • Built in 1924

Lot Details

  • 5,986 Sq Ft Lot

Home Design

  • Spanish Architecture
  • Raised Foundation

Interior Spaces

  • 5,400 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Carpet
  • Property Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Utilities

  • Floor Furnace
  • Gas Water Heater

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5036-027-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,136

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 5400
  • Lot Acreage: 0.1374
  • Probate: No
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 4
  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Appliances: Gas
  • Bedrooms: 9
  • Common Walls: Attached
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 185.00

Exterior Features

  • Other Structures: None
  • Foundation Details: Raised
  • View: Walk Street
  • View: Yes

Utilities

  • Water Heater: Gas
  • Heating: Floor Furnace
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Sewer: In Connected and Paid
  • Water: Public
  • Water Expense: 3000.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1400.00

Lot Info

  • Assessed Improvement Percent: 52.22
  • Assessed Improvement Value: 161913
  • Assessed Land Percent: 47.78
  • Assessed Land Value: 148173
  • Total Assessed Value: 310086
  • Assessor Parcel Number: 5036-027-026
  • Lot Size Area: 5986

Rental Info

  • Number Leased: 3
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.63
  • Number Of Units: 4
  • Total Annual Expense: 16500
  • Type Of Units: Residential
  • Vacancy Rate: 1

Tax Info

  • Tax Expense: 11500.00

Map

Range of Values:

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Sold Price
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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 $4,136 $1,176,866 $825,481 $351,385
2024 $4,136 $316,287 $151,136 $165,151
2023 $4,065 $310,086 $148,173 $161,913
2022 $3,889 $304,007 $145,268 $158,739
2021 $3,842 $298,047 $142,420 $155,627
2019 $3,735 $289,209 $138,197 $151,012
2018 $3,632 $283,539 $135,488 $148,051
2016 $3,482 $272,531 $130,228 $142,303
2015 $3,434 $268,438 $128,272 $140,166
2014 $3,473 $263,181 $125,760 $137,421
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Pending -- -- --
07/28/2025 07/28/25 Off Market $999,000 -- --
06/27/2025 06/27/25 For Sale $999,000 -- $185 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: The MLS

MLS Number: 25543103

The MLS

APN: 5036-027-026