$2,225,000

Estimated payment $13,564/month

Total Views 388
6 Beds
4 Baths
4,112 Sq Ft
$541 Price per Sq Ft

About This Home

Prime investment opportunity located in the heart of Los Angeles. This well-maintained 1937 triplex offers approximately 4,112 square feet of living space on a 6,551 square foot lot. All three units are currently tenant-occupied, generating stable rental income. Zoned RD1.5-1-O, the property allows for future development potential. Each unit features individual gas meters, separate water heaters, and a mix of wall and forced-air heating. Conveniently located just south of Melrose Ave and north of Beverly Blvd, with proximity to shops, restaurants, and transportation. Driveway and garage access available from the rear alley.

Listing Agent

Karl Markarian

Exp Commercial of California, Inc. License #01932970 Listed on: 07/10/2025

Exp Commercial of California, Inc.

Co-Listing Agent

Bobby Spears Jr.

Exp Commercial of California, Inc. License #02020372

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,024

Year Built

  • Built in 1937

Lot Details

  • 6,105 Sq Ft Lot

Home Design

  • Triplex
  • Midcentury Modern Architecture
  • Split Level Home

Interior Spaces

  • 4,112 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5526-032-002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,024

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4112
  • Lot Acreage: 0.1402
  • Probate: No
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 541.10

Exterior Features

  • Other Structures: None
  • View: No

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s), Wall/Window
  • Heating: Forced Air
  • Sewer: In Street

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 301442
  • Assessed Land Percent: 75
  • Assessed Land Value: 904351
  • Total Assessed Value: 1205793
  • Assessor Parcel Number: 5526-032-002
  • Lot Description: 2-4 Lots
  • Lot Location: Flats
  • Lot Size Area: 6105

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 34969
  • Type Of Units: Triplex
  • Vacancy Rate: 0

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 $15,024 $1,205,793 $904,351 $301,442
2023 $14,741 $1,182,151 $886,619 $295,532
2022 $14,067 $1,158,973 $869,235 $289,738
2021 $13,878 $1,136,249 $852,192 $284,057
2020 $14,016 $1,124,599 $843,454 $281,145
2019 $13,467 $1,102,549 $826,916 $275,633
2018 $13,353 $1,080,931 $810,702 $270,229
2016 $12,746 $1,038,959 $779,222 $259,737
2015 $12,562 $1,023,354 $767,518 $255,836
2014 $12,616 $1,003,309 $752,484 $250,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $2,225,000 +39.1% $541 / Sq Ft
01/04/2024 01/04/24 Sold $1,600,000 -11.1% $389 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $1,800,000 -- $438 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,600,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Grant Deed $900,000 Fidelity National Title Co
Quit Claim Deed -- --
Interfamily Deed Transfer -- United Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Construction
Previous Owner $675,000 Fannie Mae Freddie Mac
Previous Owner $224,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25563673

The MLS

APN: 5526-032-002