$1,099,000

Estimated payment $7,192/month

Total Views 58
12 Beds
8 Baths
7,236 Sq Ft
$152 Price per Sq Ft

Highlights

  • Gated Community
  • 7 Detached Carport Spaces
  • Rectangular Lot
  • No HOA
  • Security Fence
  • Wall Furnace

About This Home

Value add opportunity in the Mid-Wilshire/Crenshaw Area. First time on the market in 54 years, this 8 unit building features 4- 2 bed/1 bath and 4-1 bed/1 bath units with 7 covered parking spaces. Property has an updated electrical panel, new windows and one 1 bed/1 bath remodeled unit ready to rent. Excellent opportunity to reposition.

Listing Agent

Paul Pagnone

Engel & Völkers La Canada Brokerage Phone: 213-507-1629 License #00865839 Listed on: 09/14/2026

Engel & Völkers La Canada

Co-Listing Agent

Vivian Suarez

Engel & Völkers Pasadena Brokerage Phone: 213-507-1629 License #00983619

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,776 Sq Ft Lot
  • Two or More Common Walls
  • Security Fence
  • Wrought Iron Fence
  • Rectangular Lot

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,236 Sq Ft Home
  • 2-Story Property
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 7 Parking Spaces
  • 7 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 19268
  • Assessor Parcel Number 5030004001
  • $1,438 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 7 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Insurance Expense $1
  • Professional Management Expense $1
  • Trash Expense $1
  • Operating Expense $3
  • Gross Income $93,024
  • Net Operating Income $1

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

8,776 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1.00
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5030004001
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 151.88

Exterior Features

  • Fence: Yes
  • Fencing: Security, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Street Lights, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 8776.00
  • Lot Size Acres: 0.2015

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 93024.00
  • Gross Multiplier: 11.81
  • Gross Scheduled Income: 93024.00
  • Insurance Expense: 1.00
  • Lot Size Area: 8776.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Operating Expense: 1.00
  • Rent Control: Yes
  • Total Expenses: 3.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 19268
  • TaxOtherAnnualAssessmentAmount: 1438.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/14/2026 09/14/26 For Sale $1,099,000 -- $152 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26199535

California Regional Multiple Listing Service (CRMLS)
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