$1,450,000
$200K PRICE DROP

Estimated payment $9,138/month

Total Views 1,048
12 Beds
6 Baths
4,128 Sq Ft
$351 Price per Sq Ft

About This Home

Amazing opportunity to acquire a recently renovated, six unit building in South Los Angeles with significant upside on rents. All units are two bedrooms with one bath, presenting a stable and in-demand unit mix that will command increasing rents for the foreseeable future. The property was recently improved with a new roof, new rain gutters, new sewer line cleanout, new electrical panels and paint. This property presents a tremendous opportunity to piggyback on the recent renovations; and, there may be an opportunity to maximize the 7,000 sf lot by adding an ADU for an additional stream of income and equity addition (buyer to verify). Located less than 4 miles to SoFi Stadium and 8 miles from LAX, this centrally located asset provides tenants with easy access to the remainder of Southern California via nearby 110, 105 and 10 freeways.

Listing Agent

Deborah Perkins

Douglas Elliman License #01117746 Listed on: 09/04/2025

Douglas Elliman

Co-Listing Agent

Mark Ehlers

Imperial Real Estate License #01955008

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Interior Spaces

  • 4,128 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway
  • Guest Parking

Additional Features

  • 7,002 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 6020-020-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4128
  • Lot Acreage: 0.1607
  • Probate: No
  • Year Built: 1957
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 351.26

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Parking for Guests, Driveway - Concrete
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 24.53
  • Assessed Improvement Value: 331500
  • Assessed Land Percent: 75.47
  • Assessed Land Value: 1020000
  • Total Assessed Value: 1351500
  • Assessor Parcel Number: 6020-020-005
  • Lot Size Area: 7002

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.96
  • Number Of Units: 6
  • Total Annual Expense: 38938
  • Type Of Units: Residential
  • Vacancy Rate: 0

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

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Price Changed $1,450,000 -12.1% $351 / Sq Ft
09/04/2025 09/04/25 For Sale $1,650,000 +24.5% $400 / Sq Ft
07/07/2022 07/07/22 Sold $1,325,000 +1.9% $321 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $1,300,000 0.0% $315 / Sq Ft
06/02/2022 06/02/22 For Sale $1,300,000 -7.1% $315 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
04/04/2022 04/04/22 Price Changed $1,400,000 -3.4% $339 / Sq Ft
02/24/2022 02/24/22 Price Changed $1,450,000 -3.0% $351 / Sq Ft
01/20/2022 01/20/22 For Sale $1,495,000 +53.3% $362 / Sq Ft
12/30/2019 12/30/19 Sold $975,000 -0.5% $236 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/02/2019 11/02/19 For Sale $979,999 -- $237 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25587023

The MLS