$650,000
SOLD MAY 7, 2025
4 Beds
4 Baths
3,384 Sq Ft
6,080 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

24% Below List Price

32 Days on Market

About This Home

As of May 2025

Great Investment Opportunity in Los Angeles!!! Situated near USC campus, the Los Angeles Coliseum, Downtown LA, and major freeways, this fourplex in Los Angeles is a prime investment opportunity. The owner is also selling El Paissa restaurant building and business next door, offering a unique chance to own income property and a business in a high-demand area. Don't miss out on this perfect opportunity to invest in a bustling location with great potential for growth.

Last Agent to Sell the Property

Cristina Corea

Stonewood Realty Group Inc. Brokerage Phone: 310-869-5810 License #01871833 Listed on: 08/15/2024

Last Buyer's Agent

Jorge Garcia

J & J Brokers & Associates License #01148112

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,503

Year Built

  • Built in 1912

Lot Details

  • 6,080 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,384 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Shared Driveway
  • Paved Parking
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 58 / B
  • Tax Tract Number 58
  • Assessor Parcel Number 5111022028
  • $681 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,647
  • Trash Expense $1,800
  • Water Sewer Expense $3,600
  • Operating Expense $7,047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,503

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Price Per Unit: 215000
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3600.00
  • Zoning: LAM1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5111022028
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 192.08

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved, Parking Space, Shared Driveway
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6080.00
  • Lot Size Acres: 0.1396

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 1647.00
  • Lot Size Area: 6080.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 300.00
  • Rent Control: Yes
  • Total Expenses: 7047.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 2318.00
  • Tax Lot: 58
  • Tax Tract Number: 58
  • TaxOtherAnnualAssessmentAmount: 681.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Rodriguez Julio
Bought by
Aguila Carlos
Current Estimated Value
$650,020

Purchase Details

Closed on
May 24, 2001
Sold by
Ahdoot David
Bought by
Rodriguez Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.14%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 2001
Sold by
If Investments Llc
Bought by
Ahdoot David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2001
Sold by
Ahdoot David
Bought by
If Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 9, 2001
Sold by
Community Commerce Bank
Bought by
Ahdoot David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 8, 2000
Sold by
Petillo Dennis
Bought by
Community Commerce Bank

Purchase Details

Closed on
Mar 23, 1999
Sold by
Karnsomport Boonnak
Bought by
Petillo Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.91%
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 $650,000 Usa National Title Company
Grant Deed -- Usa National Title Company
Individual Deed $220,000 Chicago Title
Grant Deed -- Chicago Title
Grant Deed -- --
Corporate Deed $270,000 South Coast Title
Trustee Deed $216,555 Northern Counties Title Ins
Grant Deed $330,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 New Conventional
Previous Owner $31,200 Credit Line Revolving
Previous Owner $300,960 New Conventional
Previous Owner $214,000 Unknown
Previous Owner $38,000 Unknown
Previous Owner $198,000 No Value Available
Previous Owner $218,500 Seller Take Back
Previous Owner $206,000 No Value Available
Closed $70,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $650,000 -24.4% $192 / Sq Ft
08/15/2024 08/15/24 For Sale $860,000 -- $254 / 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
2025 $4,503 $324,982 $162,491 $162,491
2024 $4,503 $318,610 $159,305 $159,305
2023 $4,427 $312,364 $156,182 $156,182
2022 $4,242 $306,240 $153,120 $153,120
2021 $4,176 $300,236 $150,118 $150,118
2019 $4,064 $291,332 $145,666 $145,666
2018 $3,924 $285,620 $142,810 $142,810
2016 $3,725 $274,530 $137,265 $137,265
2015 $3,677 $270,408 $135,204 $135,204
2014 $3,714 $265,112 $132,556 $132,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24168732

California Regional Multiple Listing Service (CRMLS)

APN: 5111-022-028