$1,400,000

Estimated payment $8,969/month

Total Views 244
10 Beds
10 Baths
6,076 Sq Ft
$230 Price per Sq Ft

About This Home

Great opportunity for investors on this 11 units,, 5 separate buildings, located south of the 10 fwy, east of 110 fwy. Property is conveniently located just under 2 miles to U.S.C. per Google Map. Short driving distance to Fashion District, L.A. Live, DTLA, restaurants and shops.

Listing Agent

Billy Lam

Billy Lam, Broker Brokerage Email: Billy@NeighborhoodHomeTour.com License #01247106 Listed on: 09/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 8,628 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment

Interior Spaces

  • 6,076 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 5127018004
  • $940 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 11 Units

Building Details

  • Rent Control
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,704
  • Trash Expense $3,000
  • Water Sewer Expense $5,640
  • Operating Expense $10,344
  • Gross Income $85,039
  • Net Operating Income $71,946

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Price Per Unit: 127273
  • Property Attached: Yes
  • Water Sewer Expenses: 5640.00
  • Zoning: LAMR1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5127018004
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 230.41

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8628.00
  • Lot Size Acres: 0.1981
  • Latitude Manual: 34.02786900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 85039.00
  • Gross Scheduled Income: 85039.00
  • Insurance Expense: 1704.00
  • Lot Size Area: 8628.0000 Square Feet
  • Net Operating Income: 71946.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Operating Expense: 13093.00
  • Rent Control: Yes
  • Total Expenses: 10344.00

Tax Info

  • Tax Census Tract: 2260.01
  • Tax Lot: 8
  • Tax Tract Number: NILES
  • TaxOtherAnnualAssessmentAmount: 940.00

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
09/02/2025 09/02/25 For Sale $1,400,000 -- $230 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25192686

California Regional Multiple Listing Service (CRMLS)