$705,000
$10K PRICE DROP

Estimated payment $4,236/month

Total Views 2,144
3 Beds
2 Baths
1,540 Sq Ft
$458 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Bike Trail
  • Park
  • Bungalow
  • 1-Story Property

About This Home

Discover an exceptional investment opportunity in the heart of the vibrant Crenshaw District! This well-maintained and beautifully manicured bungalow duplex offers both comfort and convenience in a quiet, residential neighborhood. Each unit is fully occupied, providing immediate income potential for savvy investors or those seeking to expand their portfolio.

Enjoy unparalleled accessibility with the nearby Crenshaw-LAX Metro Rail K Line, making commuting and exploring Los Angeles a breeze. Residents will love being just minutes from the historic Leimert Park Cultural Center, a hub for art, music, and community events, as well as the exciting new Destination Crenshaw, celebrating the rich cultural heritage of the area.

The property’s charming curb appeal, mature landscaping, and pride of ownership are evident throughout. Whether you’re looking for a turnkey investment or a future owner-occupant opportunity, this duplex is a rare find in a sought-after location. Don’t miss your chance to own a piece of one of LA’s most dynamic neighborhoods, with easy access to schools, parks, transportation, culture, and community amenities. Schedule your private showing today and experience all that this Crenshaw District gem has to offer!

Listing Agent

Marlon Dorsey

MWD * Associates Brokerage Phone: 323-240-1579 License #01370472 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,510

Year Built

  • Built in 1915

Lot Details

  • 4,923 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 900
  • Assessor Parcel Number 5005003008
  • $323 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $858
  • Insurance Expense $1,100
  • Water Sewer Expense $727
  • Operating Expense $2,685
  • Net Operating Income $22,213

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,510

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Price Per Unit: 352500
  • Property Attached: Yes
  • Water Sewer Expenses: 727.00
  • Zoning: LAR1
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 858.00
  • Parcel Number: 5005003008
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: GROUND
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 457.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4923.00
  • Lot Size Acres: 0.1130

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 28521.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 4923.0000 Square Feet
  • Net Operating Income: 22213.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6308.00
  • Rent Control: Yes
  • Total Expenses: 2685.00

Tax Info

  • Tax Census Tract: 2346.00
  • Tax Lot: 78
  • Tax Tract Number: 900
  • TaxOtherAnnualAssessmentAmount: 323.00

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 $4,510 $356,250 $283,972 $72,278
2024 $4,510 $349,265 $278,404 $70,861
2023 $4,430 $342,418 $272,946 $69,472
2022 $4,235 $335,705 $267,595 $68,110
2021 $4,176 $329,124 $262,349 $66,775
2019 $4,056 $319,364 $254,568 $64,796
2018 $3,957 $313,103 $249,577 $63,526
2016 $3,776 $300,947 $239,887 $61,060
2015 $3,723 $296,427 $236,284 $60,143
2014 $3,749 $290,621 $231,656 $58,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $705,000 -1.4% $458 / Sq Ft
06/24/2025 06/24/25 For Sale $715,000 0.0% $464 / Sq Ft
06/23/2025 06/23/25 Off Market $715,000 -- --
06/23/2025 06/23/25 For Sale $715,000 -- $464 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Wfg National Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $200,000 California Title Company
Trustee Deed $361,819 Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $510,000 None Available
Grant Deed -- None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- Gateway Title Company
Grant Deed $350,000 Gateway Title Co
Grant Deed $200,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,000 New Conventional
Closed $275,000 No Value Available
Previous Owner $210,000 New Conventional
Previous Owner $182,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $407,900 Purchase Money Mortgage
Previous Owner $101,950 Stand Alone Second
Previous Owner $101,950 Stand Alone Second
Previous Owner $288,000 Purchase Money Mortgage
Previous Owner $160,000 Purchase Money Mortgage
Closed $72,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25123893

California Regional Multiple Listing Service (CRMLS)

APN: 5005-003-008