$840,000 - $1,133,000
RENTED JUN 13, 2025

506 W L St Los Angeles, CA 90744

1 Bed
1 Bath
650 Sq Ft
$1,521 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Granite Countertops
  • Eat-In Kitchen
  • Main Floor Bedroom
  • No HOA
  • Bathtub

About This Home

As of June 2025

Charming 1-Bedroom Apartment for Lease – Wilmington, Los Angeles.Discover comfort and convenience in this move-in ready 1-bedroom, 1-bathroom apartment, located on the ground floor of a well-maintained fourplex at 506 W L St, Wilmington, CA.The unit features recent upgrades, including a bright open kitchen with quartz countertops and a new range hood. A stove is included. Enjoy a welcoming front yard—perfect for light gardening or simply relaxing outdoors.Situated in a quiet neighborhood with easy access to local amenities, this charming apartment offers the ideal place to call home.

Last Agent to Rent the Property

Dina Ammari

Location Hunters RE Management Brokerage Phone: 310-766-4814 License #01442382 Listed on: 05/31/2025

Last Renter's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,111

Year Built

  • Built in 1953

Lot Details

  • 7,025 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

  • Open Patio

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Security Deposit $2,100
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 3/21/24
  • Tax Lot 168
  • Tax Tract Number 573
  • Assessor Parcel Number 7420017016

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,111

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-03-21
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2100
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 7420017016
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 650.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.17
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Bathroom Features: Bathtub, Remodeled
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Plaster, Stucco, Unknown

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7025.00
  • Lot Size Acres: 0.1613

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7025.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 2945.20
  • Tax Lot: 168
  • Tax Tract Number: 573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Lori Wild Frangipane Family Trust
Bought by
Gangwani Jai and Macias Crystal A
Current Estimated Value
$988,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$700,219
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$288,239

Purchase Details

Closed on
Dec 13, 2022
Sold by
Beebros Inc
Bought by
Lori Wild Frangipane Family Trust and Frangipane

Purchase Details

Closed on
Jan 29, 2019
Sold by
Frangipane Lori W and Lori W Frangipane Family Trust
Bought by
Becbros Inc

Purchase Details

Closed on
May 22, 2017
Sold by
Trujillo Gabriel G
Bought by
Frangipane Lori Wild and Lori Wild Frangipane Family Trust

Purchase Details

Closed on
Jan 6, 1995
Sold by
Trujillo Gabriel M and Trujillo Gabriel M
Bought by
Trujillo Gabriel G
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gangwani Jai $1,050,000 Fidelity National Title
Lori Wild Frangipane Family Trust -- None Listed On Document
Becbros Inc -- None Available
Frangipane Lori Wild $630,000 Fidelity National Title
Trujillo Gabriel G -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangwani Jai $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Rented $2,060 -1.9% --
05/31/2025 05/31/25 For Rent $2,100 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $9,111 $1,071,000 $714,000 $357,000
2024 $9,111 $716,828 $455,130 $261,698
2023 $8,940 $702,773 $446,206 $256,567
2022 $8,535 $688,994 $437,457 $251,537
2021 $8,426 $675,485 $428,880 $246,605
2019 $8,180 $655,452 $416,160 $239,292
2018 $8,098 $642,600 $408,000 $234,600
2016 $3,592 $269,880 $84,578 $185,302
2015 $3,544 $265,827 $83,308 $182,519
2014 $3,582 $260,621 $81,677 $178,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25121689

California Regional Multiple Listing Service (CRMLS)

APN: 7420-017-016