$4,300,000
$588K PRICE DROP

Estimated payment $27,210/month

Total Views 9,195
22 Beds
18 Baths
15,854 Sq Ft
$271 Price per Sq Ft

Highlights

  • In Ground Pool
  • 0.5 Acre Lot
  • Laundry Room
  • Franklin Avenue Elementary Rated A-
  • Resident Manager or Management On Site
  • Attached Carport

About This Home

Welcome to this Multi-unit building in the heart of Los Feliz in Los Angeles. The property boasts a 15,854 sq ft of living space sitting on a 21,694 sq ft lot, providing 17 units (Realist) : 4 (2b/1b), 1 (2b/2b), 12 (1b/1b). The current ownership has had this property for over 40 years. Los Feliz is a relaxed enclave that draws both established and up-and-coming creative types, including vibrant shops and cafes, plus the Vista Theatre, a 1923 movie palace. The neighborhood borders sprawling Griffith Park, beloved by locals for its hiking, concerts at the Greek Theatre and stargazing at Griffith Observatory. Hollywood is to the west, and Silver Lake Dog Park to the south. Easy access to Hwy 5 to the east. Please do not disturb tenants. Drive by only. Interior inspection is subjected to accepted offer.

Listing Agent

Lapway Chang

CMM Global Realty License #01482150 Listed on: 04/23/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 15,854 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 18 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 15 Parking Spaces
  • Attached Carport
  • On-Street Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Location

  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5592-025-004

Community Details

Overview

  • 3 Buildings
  • 17 Units

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 15854
  • Lot Acreage: 0.4980
  • Probate: No
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 22
  • Common Walls: Attached
  • Laundry: Laundry Area
  • Total Bathrooms: 18.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 271.22

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Slab
  • Pool Description: In Ground, Fenced
  • Pool Expense: 2700.00
  • Pool: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 13
  • Parking Garage: Carport Attached, Parking Space, On street
  • Total Parking: 15

Utilities

  • Water Heater: Gas, Central Water Heater
  • Cooling: Wall Unit(s)
  • Electric Expense: 2839.00
  • Heating: Wall
  • Security: Resident Manager
  • Water Expense: 13665.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 4433.00
  • Insurance Expense: 10695.00
  • Other Expense: 8234.00
  • Trash Expense: 4964.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 54.24
  • Assessed Improvement Value: 731846
  • Assessed Land Percent: 45.76
  • Assessed Land Value: 617336
  • Total Assessed Value: 1349182
  • Assessor Parcel Number: 5592-025-004
  • Lot Description: Lot-Level/Flat
  • Lot Location: City
  • Lot Size Area: 21694

Rental Info

  • Owner Pays: Gardener, Pool Service, Water, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.51
  • Number Of Units: 17
  • Total Annual Expense: 69576
  • Type Of Units: Multi-units
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 19646.00
  • Tax Total: 19646.00
  • Tax Rate Year: 2024

MLS Schools

  • School District: Los Angeles Unified

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

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $4,300,000 0.0% $271 / Sq Ft
04/24/2025 04/24/25 For Sale $4,300,000 -12.0% $271 / Sq Ft
03/24/2025 03/24/25 Off Market $4,888,000 -- --
12/08/2024 12/08/24 For Sale $4,888,000 0.0% $308 / Sq Ft
12/02/2022 12/02/22 Price Changed $2,095 0.0% $3 / Sq Ft
12/01/2022 12/01/22 For Rent $2,095 -- --
Source: The MLS

Source: The MLS

MLS Number: 24-474039

The MLS