$869,900
$30K PRICE DROP

Estimated payment $5,210/month

Total Views 2,314
5 Beds
3 Baths
1,538 Sq Ft
$566 Price per Sq Ft

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • 1-Story Property

About This Home

Prime investment opportunity! This duplex, located adjacent to Koreatown in a highly desirable R3 lot, offers incredible potential for both immediate rental income and future development. This property provides the perfect opportunity to expand, add additional units, or redevelop into a multi-unit property. The existing duplex features two well-maintained units and provides a blend of privacy and practicality. This prima location allows residents to enjoy easy access to trendy restaurants, shopping, public transit, and major freeways, making it highly attractive for future development. Whether you're looking to generate income now or take advantage of the zoning for future expansion, this property is a rare find in a high-demand area. Don't miss out on this value-packed investment opportunity—schedule a viewing today!

Listing Agent

kevin park

Keller Williams South Bay Brokerage Phone: 213-503-6969 License #01427224 Listed on: 03/28/2025

Keller Williams South Bay

Co-Listing Agent

Lianne Gallardo

Keller Williams South Bay Brokerage Phone: 213-503-6969 License #01965012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1922

Lot Details

  • 4,346 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Home Design

  • Duplex

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 5 / 18
  • Assessor Parcel Number 5520013005
  • $330 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $56,628

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,705

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Price Per Unit: 434950
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5520013005
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 565.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 4346.00
  • Lot Size Acres: 0.0998

Multi Family

  • Gross Income: 56628.00
  • Gross Scheduled Income: 56628.00
  • Lot Size Area: 4346.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 1925.20
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 330.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $4,705 $372,004 $298,178 $73,826
2023 $4,620 $364,711 $292,332 $72,379
2022 $4,415 $357,560 $286,600 $70,960
2021 $4,352 $350,550 $280,981 $69,569
2019 $4,224 $340,154 $272,648 $67,506
2018 $4,118 $333,485 $267,302 $66,183
2016 $3,927 $320,537 $256,923 $63,614
2015 $3,870 $315,723 $253,064 $62,659
2014 $3,894 $309,539 $248,107 $61,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $869,900 0.0% $566 / Sq Ft
06/09/2025 06/09/25 Price Changed $869,900 -3.3% $566 / Sq Ft
03/28/2025 03/28/25 For Sale $899,900 0.0% $585 / Sq Ft
03/28/2025 03/28/25 For Sale $899,900 -- $585 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $180,000 Provident Title
Interfamily Deed Transfer -- Gateway Title
Quit Claim Deed -- Stewart Title
Corporate Deed $170,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 Negative Amortization
Previous Owner $25,000 No Value Available
Previous Owner $153,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25068128

California Regional Multiple Listing Service (CRMLS)

APN: 5520-013-005