$725,000
$124K PRICE DROP

Estimated payment $4,728/month

Total Views 2,279
6 Beds
2 Baths
2,310 Sq Ft
$314 Price per Sq Ft

Highlights

  • Gated Parking
  • Wall Furnace
  • 1-Story Property
  • Laundry Room
  • Front Yard

About This Home

Welcome to this exceptional investment opportunity, ideally situated in a welcoming neighborhood with reliable long-term tenants already in place.
This side-by-side duplex offers approximately 1,160 sq. ft. per unit, each featuring a spacious three-bedroom, one-bathroom layout, complete with charming fireplaces, laminate wood flooring, and gated parking for added security and convenience.
Enjoy low-maintenance landscaping with a generous front yard and a private gated backyard—perfect for relaxing, entertaining, or additional parking. Conveniently Located in the vibrant South Park neighborhood of Los Angeles, this centrally positioned duplex offers unparalleled convenience with easy access to the 110 Freeway, USC, and Downtown LA. Residents enjoy proximity to major transportation routes, as well as an abundance of local parks, recreational facilities, restaurants, and shopping destinations—making this an ideal location for both commuters and those seeking an active urban lifestyle. Whether you're looking for steady rental income or a future home in a connected and community-friendly location, this duplex offers the perfect blend of comfort, stability, and potential. With minimal upkeep required and dependable tenants in place, it’s a smart choice for both investors and homeowners alike.

Listing Agent

Young Ju Park

New Star Realty & Investment Brokerage Phone: 714-576-9922 License #01974903 Listed on: 04/04/2025

New Star Realty & Investment

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,689

Year Built

  • Built in 1923

Lot Details

  • 6,302 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping
  • Front Yard

Home Design

  • Duplex
  • Raised Foundation

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Gated Parking
  • Paved Parking
  • On-Site Parking
  • Parking Lot

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 5
  • Tax Tract Number 60
  • Assessor Parcel Number 5109010003
  • $414 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,689

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 362500
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5109010003
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 313.85
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Gated, On Site, Parking Space

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater, Range Hood
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, No Landscaping
  • Lot Size Sq Ft: 6302.00
  • Lot Size Acres: 0.1447

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1060 Square Feet
  • Lot Size Area: 6302.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 1
  • Rent Control: Yes

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2285.00
  • Tax Lot: 3
  • Tax Tract Number: 060...
  • TaxOtherAnnualAssessmentAmount: 414.00

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

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
2025 $8,689 $703,580 $432,972 $270,608
2024 $8,689 $689,785 $424,483 $265,302
2023 $8,525 $676,260 $416,160 $260,100
2022 $8,135 $663,000 $408,000 $255,000
2021 $4,905 $384,165 $228,723 $155,442
2020 $4,949 $380,227 $226,378 $153,849
2019 $4,763 $372,773 $221,940 $150,833
2018 $4,647 $365,465 $217,589 $147,876
2016 $4,771 $351,276 $209,141 $142,135
2015 $3,623 $291,000 $100,000 $191,000
2014 $3,715 $291,000 $100,000 $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $725,000 0.0% $314 / Sq Ft
06/09/2025 06/09/25 Off Market $725,000 -- --
05/28/2025 05/28/25 Price Changed $725,000 0.0% $314 / Sq Ft
05/28/2025 05/28/25 For Sale $725,000 -9.3% $314 / Sq Ft
05/26/2025 05/26/25 Off Market $799,000 -- --
04/21/2025 04/21/25 Price Changed $799,000 -5.9% $346 / Sq Ft
04/04/2025 04/04/25 For Sale $849,000 +30.6% $368 / Sq Ft
05/14/2021 05/14/21 Sold $650,000 0.0% $281 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $650,000 -- $281 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $650,000 Wfg National Title
Deed In Lieu Of Foreclosure $340,000 Accommodation
Deed In Lieu Of Foreclosure $340,000 None Available
Grant Deed $266,000 Title 365
Grant Deed $247,000 Lawyers Title
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- United Title Company
Corporate Deed $133,500 Commonwealth Land Title Ins
Corporate Deed -- Stewart Title
Trustee Deed $134,473 Stewart Title
Interfamily Deed Transfer -- --
Quit Claim Deed -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $487,500 New Conventional
Previous Owner $346,000 New Conventional
Previous Owner $345,000 New Conventional
Previous Owner $340,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $245,613 FHA
Previous Owner $242,526 FHA
Previous Owner $195,544 Purchase Money Mortgage
Previous Owner $168,000 Unknown
Previous Owner $106,800 No Value Available
Previous Owner $105,000 No Value Available
Previous Owner $59,400 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25074523

California Regional Multiple Listing Service (CRMLS)

APN: 5109-010-003