$1,250,000

Estimated payment $8,188/month

Total Views 41
14 Beds
8 Baths
1 Sq Ft
$1,250,000 Price per Sq Ft

Highlights

  • Dual Staircase
  • Balcony
  • Wall Furnace
  • Multi-Level Bedroom
  • Tile Flooring

About This Home

Prime Investment Opportunity and income producing property. This well-kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath) with long term tenants. Six of the eight tenants have been living here for ten plus years. All remodeled extensively around Eight years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 5 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for the new buyer. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

Listing Agent

Edwin Valiente

Tri-Pillar Realty Brokerage Phone: 323-443-4599 License #01834129 Listed on: 09/11/2026

Tri-Pillar Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 7,832 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Gas Oven
  • Laundry in Kitchen

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • Multi-Level Bedroom
  • 8 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 5018001014
  • $1,625 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,603
  • Water Sewer Expense $2,480
  • New Taxes Expense $15,625
  • Operating Expense $20,708
  • Gross Income $135,268

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

7,832 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2480.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5018001014
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, 2 Staircases
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Concrete
  • Appliances: Yes
  • Full Bathrooms: 8
  • Total Bedrooms: 14
  • Entry Level: 1
  • Room Type: Multi-Level Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Water Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7832.00
  • Lot Size Acres: 0.1798

Multi Family

  • Gross Income: 135268.00
  • Gross Scheduled Income: 155976.00
  • Insurance Expense: 2603.00
  • Lot Size Area: 7832.0000 Square Feet
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Rent Control: Yes
  • Total Expenses: 20708.00

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Lot: 57
  • TaxOtherAnnualAssessmentAmount: 1625.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,089 $1,156,589 $562,666 $593,923
2025 $15,089 $1,133,912 $551,634 $582,278
2024 $14,844 $1,111,679 $540,818 $570,861
2023 $14,583 $1,089,882 $530,214 $559,668
2022 $13,956 $1,068,513 $519,818 $548,695
2021 $13,745 $1,047,563 $509,626 $537,937
2019 $13,362 $1,016,494 $494,511 $521,983
2018 $13,183 $996,564 $484,815 $511,749
2017 $2 $977,024 $475,309 $501,715
2016 $12,504 $957,868 $465,990 $491,878
2015 $12,334 $943,481 $458,991 $484,490
2014 $8,055 $562,542 $401,816 $160,726
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/11/2026 09/11/26 For Sale $1,250,000 -- $1,250,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $925,000 Lawyers Title
Grant Deed -- None Available
Trustee Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed $115,858 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $350,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26199841

California Regional Multiple Listing Service (CRMLS)
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