$995,000
PENDING

5916 Marmion Way Los Angeles, CA 90042

Estimated payment $5,941/month

Total Views 2,213
5 Beds
3 Baths
1,910 Sq Ft
$521 Price per Sq Ft

Highlights

  • Property is near public transit
  • 3-minute walk to Highland Park Station
  • Open Patio
  • Den
  • Living Room
  • 4-minute walk to Highland Park

About This Home

LOCATION, LOCATION, LOCATION! Exceptional three-unit compound in the heart of vibrant Highland Park, offering privacy between residences, income potential, and urban convenience. The front structure features two 2-bedroom, 1-bath units: the lower unit has new floors and bathroom and will be delivered vacant, while the upper unit retains its original character and provides stable rental income. The rear detached ADU is a fully renovated 1-bedroom, 1-bath home with a private deck and automatic gated parking accessed from the alley. An ideal opportunity for an owner-user or investor in a highly desirable location this property combines immediate income with long-term upside potential. Just one block from lively Figueroa Street, enjoy easy access to shops, cafs (Comet Over Delphi, Kitchen Mouse, Triple Beam Pizza, Go Get Em Tiger, Hippo, Highland Park Wine, Alfred Coffee, For The Win, Villa's Tacos, Mason's Dumplings) award-winning restaurants, and the Metro A Line station, with quick freeway connections nearby. This is a unicorn location and must be seen to appreciate the upside value.

Listing Agent

Imraan Ali

Compass License #01391639 Listed on: 10/23/2025

Compass

Co-Listing Agent

Stephen Salinger

Compass License #02055116

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,245

Year Built

  • Built in 1905

Lot Details

  • 4,500 Sq Ft Lot
  • North Facing Home
  • Gated Home
  • Rectangular Lot
  • Back and Front Yard

Interior Spaces

  • 1,910 Sq Ft Home
  • 2-Story Property
  • Family Room on Second Floor
  • Living Room
  • Dining Area
  • Den
  • Oven or Range
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Automatic Gate

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Overhead Utilities
  • Multi-Tank Hot Water Heater
  • Sewer in Street

Additional Features

  • Open Patio
  • Property is near public transit

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5492-013-015

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,245

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 1910
  • Lot Acreage: 0.1033
  • Stories: 2
  • Year Built: 1905
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 1
  • Number Dishwasher: 0
  • Number Disposal: 1
  • Flooring: Mixed
  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven, Washer, Hood Fan, Refrigerator
  • Price Per S Q F T: 520.94

Exterior Features

  • Direction Faces: North
  • Other Features: Two On A Lot
  • Other Structures: None
  • Number Patio: 1
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Number Rented Garages: 0
  • Parking Garage: Auto Driveway Gate, Driveway - Concrete
  • Total Parking: 1

Utilities

  • Water Heater: Multi-Tank
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Security: Gated
  • Sewer: In Street
  • Water: Meter on Property
  • Water Expense: 2200.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2200.00
  • Maintenance Expense: 7100.00
  • Trash Expense: 500.00

Lot Info

  • Assessed Improvement Percent: 25.77
  • Assessed Improvement Value: 170672
  • Assessed Land Percent: 74.23
  • Assessed Land Value: 491540
  • Total Assessed Value: 662212
  • Assessor Parcel Number: 5492-013-015
  • Lot Description: Alley Paved, Back Yard, Lot Shape-Rectangular, Fenced, Front Yard, Single Lot, Street Asphalt, Utilities - Overhead, Yard
  • Lot Location: Alley Access, Near Public Transit
  • Lot Size Area: 4500

Rental Info

  • Number Leased: 2
  • Total Actual Rent: 66900.00
  • Monthly Gross Income: 5575.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.00
  • Gross Scheduled Income: 5575.00
  • Number Of Units: 3
  • Number Wall A C: 2
  • Rent Control: 100
  • Type Of Units: 3

Tax Info

  • Tax Expense: 8000.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $8,245 $675,455 $501,370 $174,085
2024 $8,245 $662,212 $491,540 $170,672
2023 $8,087 $649,228 $481,902 $167,326
2022 $7,713 $636,499 $472,453 $164,046
2021 $7,614 $624,020 $463,190 $160,830
2020 $7,690 $617,622 $458,441 $159,181
2019 $7,388 $605,512 $449,452 $156,060
2018 $7,317 $593,640 $440,640 $153,000
2016 $1,215 $88,125 $50,627 $37,498
2015 $1,200 $86,802 $49,867 $36,935
2014 $1,204 $85,103 $48,891 $36,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Pending -- -- --
10/23/2025 10/23/25 For Sale $995,000 +70.8% $521 / Sq Ft
07/14/2016 07/14/16 Sold $582,500 -2.0% $330 / Sq Ft View Prior Sale
06/24/2016 06/24/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $594,500 -- $337 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $582,000 Wfg National Title Company
Interfamily Deed Transfer -- Stewart Title
Individual Deed -- --
Individual Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Stand Alone Second
Previous Owner $615,043 New Conventional
Previous Owner $55,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25608635

The MLS

APN: 5492-013-015