$2,950,000
PENDING $550K PRICE DROP

Estimated payment $19,243/month

Total Views 1,383
6 Beds
19 Baths
14,900 Sq Ft
$198 Price per Sq Ft

About This Home

We are pleased to present this charming 1930s-era apartment building, ideally located just blocks from the vibrant heart of Leimert Park. This meticulously maintained property offers significant potential, with over 22% upside in current rental income.

Listing Agent

Michael Matthias

Keller Williams Beverly Hills License #01489863 Listed on: 06/04/2025

Keller Williams Beverly Hills

Co-Listing Agent

Eric Shaw Mercier

Xpert Home Realty License #01017647

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,785 Sq Ft Lot
  • Lot Dimensions are 60x130

Parking

  • 4 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 14,900 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 19 Bathrooms

Utilities

  • Floor Furnace

Community Details

  • 19 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5023-024-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 14900
  • Lot Acreage: 0.1787
  • Lot Dimensions: 60x130
  • Stories: 3
  • Year Built: 1930
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 19.00
  • Price Per S Q F T: 197.99

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Percent: 42.08
  • Assessed Improvement Value: 179486
  • Assessed Land Percent: 57.92
  • Assessed Land Value: 247004
  • Total Assessed Value: 426490
  • Assessor Parcel Number: 5023-024-014
  • Lot Size Area: 7785

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.40
  • Number Of Units: 19
  • Rent Control: 100
  • Total Annual Expense: 106674
  • Type Of Units: Apartments
  • Vacancy Rate: 4

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
06/27/2025 06/27/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $2,950,000 0.0% $198 / Sq Ft
06/04/2025 06/04/25 For Sale $2,950,000 -9.4% $198 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $3,255,000 -7.0% $218 / Sq Ft
03/13/2025 03/13/25 For Sale $3,500,000 -- $235 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25511578

The MLS