$745,000
UNDER CONTRACT $40K PRICE INCREASE

Estimated payment $4,642/month

Total Views 8,566
4 Beds
2 Baths
1,800 Sq Ft
$414 Price per Sq Ft

Highlights

  • Private Yard
  • Landscaped
  • Patio Home
  • Laundry Room
  • Rectangular Lot
  • 1-Story Property

About This Home

Duplex delivered with ONE 2-BEDROOM UNIT VACANT - ideal for an owner-occupant! The Vacant Unit features BRAND NEW flooring and freshly painted interiors offering plenty of natural light. Each unit features 2 bedrooms and 1 bathroom (approx. 900 SF each) offering comfortable and clean living spaces with great potential for steady rental income. This property is centrally located with easy access to stores, the Crenshaw Corridor, DTLA, LAX, and Sofi Stadium, and is poised for long-term appreciation as the area continues to develop. Both units are individually metered for electricity and gas. Whether you are an investor seeking cash flow or a homeowner seeking to live in one unit and rent the other, this property may be the perfect fit for you. This property also features a gated driveway leading to a two-car garage with future ADU potential!

Listing Agent

Everett Wong

Greysteel California, Inc. Brokerage Phone: 310-382-6705 License #01991247 Listed on: 04/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,760

Year Built

  • Built in 1925

Lot Details

  • 4,795 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Rectangular Lot
  • Private Yard
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Patio Home

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 9 / 1
  • Tax Tract Number 4515
  • Assessor Parcel Number 4005010009
  • $332 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,520
  • Maintenance Expense $750
  • Water Sewer Expense $2,077
  • New Taxes Expense $8,390
  • Operating Expense $16,050
  • Gross Income $39,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,760

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 372500
  • Property Attached: No
  • Water Sewer Expenses: 2077.00
  • Zoning: LARD3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4005010009
  • Year Built: 1925
  • Special Features: UnderContract

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 413.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Landscaped, Rectangular Lot, Patio Home, Yard
  • Lot Size Sq Ft: 4795.00
  • Lot Size Acres: 0.1101

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 39576.00
  • Gross Scheduled Income: 15576.00
  • Insurance Expense: 1520.00
  • Lot Size Area: 4795.0000 Square Feet
  • Maintenance Expense: 750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 16050.00
  • Rent Control: Yes
  • Total Expenses: 16050.00

Tax Info

  • New Taxes Expense: 8390.00
  • Tax Block: 1
  • Tax Census Tract: 2347.00
  • Tax Lot: 9
  • Tax Tract Number: 4515
  • TaxOtherAnnualAssessmentAmount: 332.00

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 $6,760 $546,819 $437,456 $109,363
2024 $6,760 $536,098 $428,879 $107,219
2023 $6,636 $525,587 $420,470 $105,117
2022 $6,337 $515,282 $412,226 $103,056
2021 $6,251 $505,180 $404,144 $101,036
2020 $6,313 $500,000 $400,000 $100,000
2019 $3,616 $281,377 $172,272 $109,105
2018 $3,526 $275,861 $168,895 $106,966
2016 $3,360 $265,151 $162,338 $102,813
2015 $3,313 $261,169 $159,900 $101,269
2014 $3,337 $256,054 $156,768 $99,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $745,000 0.0% $414 / Sq Ft
06/09/2025 06/09/25 For Sale $745,000 +5.7% $414 / Sq Ft
05/20/2025 05/20/25 Off Market $705,000 -- --
04/07/2025 04/07/25 For Sale $705,000 +43.3% $392 / Sq Ft
09/05/2019 09/05/19 Sold $492,000 +0.6% $273 / Sq Ft
08/03/2019 08/03/19 For Sale $489,000 -0.6% $272 / Sq Ft
07/29/2019 07/29/19 Off Market $492,000 -- --
07/26/2019 07/26/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $489,000 -- $272 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Accommodation
Warranty Deed $500,000 Chicago Title
Interfamily Deed Transfer -- None Available
Grant Deed $245,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $160,000 North American Title Company
Trustee Deed $360,000 North American Title Co
Grant Deed $530,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $335,000 Future Advance Clause Open End Mortgage
Previous Owner $176,000 New Conventional
Previous Owner $183,750 New Conventional
Previous Owner $60,000 Unknown
Previous Owner $424,000 Purchase Money Mortgage
Previous Owner $24,000 Unknown
Previous Owner $348,300 Unknown
Previous Owner $261,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25075599

California Regional Multiple Listing Service (CRMLS)

APN: 4005-010-009