Estimated payment $8,627/month
Total Views
5,696
--
Bed
--
Bath
4,000
Sq Ft
$350
Price per Sq Ft
Highlights
- 1-Story Property
- Bell High School Rated A-
- 4-minute walk to Ernest Debs Park
About This Home
Presenting a prime opportunity to invest in a thriving commercial property, this property offers 2 units: one operating as a bakery and the other as a meat market, located in a vibrant neighborhood. Both units are well-equipped and visually appealing, with ample space for operations and customer engagement. With convenient amenities like nearby parking and public transit access, this property presents an attractive investment opportunity for those seeking a solid foothold in a bustling community. With established tenants and prime positioning, it's a promising prospect for long-term success and growth.
Listing Agent
Century 21 A Better Service Brokerage Phone: 323-797-3932 License #02181633 Listed on: 05/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,987
Year Built
- Built in 1925
Lot Details
- 6,502 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Duplex
Interior Spaces
- 4,000 Sq Ft Home
- 1-Story Property
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 6 / B
- Assessor Parcel Number 6325002006
- $2,641 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $11,000
- Operating Expense $11,000
- Gross Income $96,000
- Net Operating Income $85,000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $11,987 | $650,210 | $258,395 | $391,815 |
| 2024 | $11,987 | $637,462 | $253,329 | $384,133 |
| 2023 | $11,782 | $624,963 | $248,362 | $376,601 |
| 2022 | $11,364 | $612,710 | $243,493 | $369,217 |
| 2021 | $11,231 | $600,697 | $238,719 | $361,978 |
| 2019 | $10,909 | $582,883 | $231,640 | $351,243 |
| 2018 | $10,678 | $571,455 | $227,099 | $344,356 |
| 2016 | $10,440 | $549,267 | $218,282 | $330,985 |
| 2015 | $10,318 | $541,018 | $215,004 | $326,014 |
| 2014 | $10,200 | $530,421 | $210,793 | $319,628 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | For Sale | $1,399,999 | -- | $350 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $200,000 | None Available | |
| Individual Deed | $270,000 | First American |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $200,000 | Seller Take Back |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25112816
APN: 6325-002-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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