$659,000

Estimated payment $4,174/month

Total Views 5,406
5 Beds
4 Baths
1,713 Sq Ft
$385 Price per Sq Ft

Highlights

  • No HOA
  • Park
  • 1-Story Property

About This Home

Attention Investors and Savvy Buyers – Prime 3-Unit Income Property in South Central Los Angeles

An exceptional investment opportunity awaits with this well-maintained 3-unit complex located in a high-growth area of South Central Los Angeles. This property offers three distinct units, each housed in its own separate structure for enhanced privacy. 2 bed / 2 bath, 2 bed / 1 bath, and 1 bed / 1 bath.

The front unit (1 bed/1 bath) has been recently renovated and is currently vacant, offering immediate rental potential at premium market rates.

This property is a commuter’s dream, with easy access to major freeways and close proximity to USC, Exposition Park museums, Downtown LA, restaurants, shopping centers, and major sports venues.

With a CAP rate of 6.4%, this is a strong cash-flowing investment opportunity with upside potential—perfect for investors or owner-users seeking to expand their portfolio in one of L.A.’s most dynamic rental markets.

Listing Agent

Kevin Lee

Bricxone Realty, Inc. Brokerage Phone: 310-502-4599 License #02238016 Listed on: 06/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,997

Year Built

  • Built in 1917

Lot Details

  • 5,202 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 1,713 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 18 / D
  • Assessor Parcel Number 6004034018
  • $388 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,329
  • Water Sewer Expense $2,100
  • New Taxes Expense $6,997
  • Operating Expense $11,426
  • Gross Income $53,880
  • Net Operating Income $42,454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,997

Year Built

Built in 1917

Lot Details

0

Listing Details

  • CapRate: 6.40
  • Other Phone Description: Kevin Lee
  • Other Phone Number: 310-502-4599
  • Price Per Unit: 219667
  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6004034018
  • Year Built: 1917
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 384.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5202.00
  • Lot Size Acres: 0.1194

Multi Family

  • Gross Income: 53880.00
  • Gross Operating Income: 53880.00
  • Gross Scheduled Income: 85200.00
  • Insurance Expense: 2329.00
  • Lot Size Area: 5202.0000 Square Feet
  • Net Operating Income: 42454.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11126.00
  • Rent Control: Yes
  • Total Expenses: 11426.00

Tax Info

  • New Taxes Expense: 6997.00
  • Tax Block: D
  • Tax Census Tract: 2371.02
  • Tax Lot: 18
  • TaxOtherAnnualAssessmentAmount: 388.00

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 $6,997 $569,357 $430,266 $139,091
2024 $6,997 $558,194 $421,830 $136,364
2023 $6,952 $547,250 $413,559 $133,691
2022 $6,640 $536,520 $405,450 $131,070
2021 $3,707 $283,862 $147,390 $136,472
2020 $3,741 $280,952 $145,879 $135,073
2019 $3,604 $275,444 $143,019 $132,425
2018 $3,494 $270,044 $140,215 $129,829
2016 $3,332 $259,560 $134,771 $124,789
2015 $3,286 $255,662 $132,747 $122,915
2014 $3,318 $250,655 $130,147 $120,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $659,000 +25.3% $385 / Sq Ft
05/17/2021 05/17/21 Sold $526,000 +0.2% $307 / Sq Ft
03/26/2021 03/26/21 Price Changed $525,000 -8.7% $306 / Sq Ft
03/22/2021 03/22/21 Price Changed $575,000 -8.0% $336 / Sq Ft
03/14/2021 03/14/21 Price Changed $625,000 -0.8% $365 / Sq Ft
03/13/2021 03/13/21 Price Changed $630,000 -3.1% $368 / Sq Ft
02/08/2021 02/08/21 For Sale $650,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Wfg National Title Company
Grant Deed $526,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $102,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25139007

California Regional Multiple Listing Service (CRMLS)

APN: 6004-034-018