$1,100,000
PENDING $100K PRICE DROP

Estimated payment $7,047/month

Total Views 1,731
6 Beds
6 Baths
6,006 Sq Ft
$183 Price per Sq Ft

About This Home

We are pleased to present this six-unit apartment complex in the desirable Baldwin Hills area. It consists of all one-bedroom units, averaging over 1,000 square feet each. This 2-story structure was built in 1950 of wood-frame stucco construction. It is situated on an 8,011 square foot lot, which is zoned LAR3. The building also features 3 - 2 car garages off the alley as well as laundry hook-ups in each unit. The income is currently below market as it is producing $6,745 per month. Market rent for the building is closer to $13,320 per month. So, there is tremendous upside in the rent upon turnover, and this is a great opportunity to own in an exclusive rental area. Also, Seller Financing may be possible with a strong Buyer. Please do not disturb tenants or walk on the property. All offers to be made subject to inspection.

Listing Agent

Jerome McAlpin

McAlpin & Company License #00939725 Listed on: 06/26/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Parking

  • 6 Parking Spaces

Interior Spaces

  • 6,006 Sq Ft Home
  • 2-Story Property
  • Gas Dryer Hookup

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 8,011 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5032-017-014

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: 6006
  • Lot Acreage: 0.1839
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Hardwood, Vinyl Plank
  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 183.15

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 29.96
  • Assessed Improvement Value: 353246
  • Assessed Land Percent: 70.04
  • Assessed Land Value: 825701
  • Total Assessed Value: 1178947
  • Assessor Parcel Number: 5032-017-014
  • Lot Size Area: 8011

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.50
  • Number Of Units: 6
  • Total Annual Expense: 28738
  • Type Of Units: Apartment
  • Vacancy Rate: 0

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
08/01/2025 08/01/25 Pending -- -- --
07/04/2025 07/04/25 Price Changed $1,100,000 -8.3% $183 / Sq Ft
06/27/2025 06/27/25 For Sale $1,200,000 0.0% $200 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $1,200,000 +11.3% $200 / Sq Ft
11/29/2018 11/29/18 Sold $1,078,000 +12.3% $179 / Sq Ft
11/08/2018 11/08/18 For Sale $960,000 -10.9% $160 / Sq Ft
11/06/2018 11/06/18 Off Market $1,078,000 -- --
11/04/2018 11/04/18 For Sale $960,000 -- $160 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25533013

The MLS