$1,399,000

Estimated payment $7,731/month

9 Beds
4 Baths
2,364 Sq Ft
$592 Price per Sq Ft

About This Home

Welcome to a compelling investment opportunity in the heart of West Adams, just east of Culver City and moments from Mid-City. This well-located 4-unit property features a desirable mix of three 2-bedroom, 1-bath units (one currently vacant) and one 3-bedroom, 1-bath unit. The vacant unit offers immediate upside, perfect for an owner-user or to capture market rent. Zoned RD1.5 and situated in a Transit Priority Area, the property presents excellent long-term potential for redevelopment or expansion. The existing structure is well-maintained, with plenty of opportunity to add value through thoughtful updates. Enjoy a central location just blocks from the Metro E Line, neighborhood dining, coffee shops, and local retail. Residents benefit from easy access to Culver City, Downtown LA, the Westside, and major freeways, all while living in one of the city's most active growth corridors.

Listing Agent

Kimberly Calvert-Lehman

Compass License #01944950 Listed on: 08/20/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2,364 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Additional Features

  • 4,800 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5048-021-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to a compelling investment opportunity in the heart of West Adams, just east of Culver City and moments from Mid-City. This well-located 4-unit property features a desirable mix of three 2-bedroom, 1-bath units (one currently vacant) and one 3-bedroom, 1-bath unit. The vacant unit offers immediate upside, perfect for an owner-user or to capture market rent. Zoned RD1.5 and situated in a Transit Priority Area, the property presents excellent long-term potential for redevelopment or expansion. The existing structure is well-maintained, with plenty of opportunity to add value through thoughtful updates. Enjoy a central location just blocks from the Metro E Line, neighborhood dining, coffee shops, and local retail. Residents benefit from easy access to Culver City, Downtown LA, the Westside, and major freeways, all while living in one of the city's most active growth corridors.
  • Living Area: 2364
  • Lot Acreage: 0.1102
  • Stories: 2
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 591.79

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Parking Space, On street

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 68.02
  • Assessed Improvement Value: 49000
  • Assessed Land Percent: 31.98
  • Assessed Land Value: 23036
  • Total Assessed Value: 72036
  • Assessor Parcel Number: 5048-021-016
  • Lot Size Area: 4800

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.60
  • Number Of Units: 4
  • Total Annual Expense: 29522
  • Type Of Units: fourplex
  • Vacancy Rate: 1

Map

Range of Values:

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Sold Price
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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 $1,292 $73,476 $23,496 $49,980
2024 $1,292 $72,036 $23,036 $49,000
2023 $1,279 $70,625 $22,585 $48,040
2022 $1,237 $69,242 $22,143 $47,099
2021 $1,207 $67,885 $21,709 $46,176
2019 $1,180 $65,873 $21,066 $44,807
2018 $1,095 $64,582 $20,653 $43,929
2016 $1,027 $62,076 $19,852 $42,224
2015 $1,016 $61,144 $19,554 $41,590
2014 $1,049 $59,947 $19,171 $40,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $1,399,000 -- $592 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Fannie Mae Freddie Mac
Previous Owner $65,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25581265

The MLS

APN: 5048-021-016