
Seller's Agent in 2024
Dana Coronado
Compass
(310) 562-9630
5 in this area
37 Total Sales
Estimated Value: $1,311,000 - $1,482,000
Rare opportunity to buy a turnkey 4plex in hip Highland Park that cash flows! 5.57% CAP Rate and 13.97 GRM on Current Rents! All apartments function as 2 bedroom and 1 bathroom and are fully remodeled inside with modern finishes such as trendy black hardware, butcher block countertops, white cabinets in kitchens and bathrooms, unique light fixtures, recessed lighting in living rooms, laminate wood flooring, and much more. The spacious units average 806 SF each per title. Two units have bonus rooms that would be a perfect office, making this highly conducive to tenants who work from home. Great tenants, well managed, and rents average $2,166/month per unit, making this an excellent investment in a stellar location. All units have only 1 or 2 tenants each, there are no long term tenants, and these units generally turn over every few years. The property is easy to manage, has low expenses, partial copper plumbing, and a good roof. There is a front yard area with communal lounge furniture, garden plots and BBQ grill where tenants can keep plants, hang out, and feel at home. The property is located just south of Figueroa on a quiet street near the 110 Freeway. It is walkable to all the hotspots on Figueroa, as well as nearby parks, the Metro Gold Line, and so much more. The median single family home price in Highland Park is now $1,138,000, making this an extremely high barrier to entry area and extremely popular among high earning renters.
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gustavo A Torres And Carol A Torres Living Tr | $1,420,000 | Lawyers Title Company | |
Gpg Benner Llc | -- | Lawyers Title Company | |
Hudson Jeffrey | -- | Lawyers Title Company | |
Hudson Jeffrey | -- | Nationallink | |
Gpg Benner Llc | $720,000 | Fidelity National Title Co | |
Espinosa Frank | -- | Orange Coast Title | |
Brion Gina Bermudez | -- | American Title Co | |
Lara Edna Bermudez | -- | American Title Co | |
Espinosa Frank | $215,000 | American Title Co |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gustavo A Torres And Carol A Torres Living Tr | $1,065,000 | |
Previous Owner | Hudson Jeffrey | $420,000 | |
Previous Owner | Hudson Jeffrey | $439,000 | |
Previous Owner | Gpg Benner Llc | $432,000 | |
Previous Owner | Espinosa Frank | $221,000 | |
Previous Owner | Espinosa Frank | $211,678 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/29/2024 03/29/24 | Sold | $1,420,000 | -2.1% | $440 / Sq Ft |
02/28/2024 02/28/24 | Pending | -- | -- | -- |
02/15/2024 02/15/24 | For Sale | $1,450,000 | +101.1% | $450 / Sq Ft |
05/12/2016 05/12/16 | Sold | $721,000 | +3.1% | $224 / Sq Ft |
04/22/2016 04/22/16 | Pending | -- | -- | -- |
04/13/2016 04/13/16 | For Sale | $699,000 | -- | $217 / Sq Ft |
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 | $13,471 | $1,448,400 | $867,000 | $581,400 |
2024 | $13,471 | $1,080,934 | $756,655 | $324,279 |
2023 | $13,214 | $1,059,740 | $741,819 | $317,921 |
2022 | $12,605 | $1,038,962 | $727,274 | $311,688 |
2021 | $12,442 | $1,018,591 | $713,014 | $305,577 |
2019 | $12,073 | $988,380 | $691,866 | $296,514 |
2018 | $9,304 | $749,088 | $561,816 | $187,272 |
2016 | $4,611 | $362,339 | $194,506 | $167,833 |
2015 | $4,547 | $356,897 | $191,585 | $165,312 |
2014 | $4,587 | $349,907 | $187,833 | $162,074 |
Seller's Agent in 2024
Dana Coronado
Compass
(310) 562-9630
5 in this area
37 Total Sales
Seller Co-Listing Agent in 2024
Charlie Coronado
Compass
(323) 841-2911
7 in this area
54 Total Sales
Buyer's Agent in 2024
Roni Raczkowski
Roni Raczkowski Real Estate
(714) 878-3796
1 in this area
16 Total Sales
Seller's Agent in 2016
Nelson Sanchez
Century 21 A Better Service
(562) 386-4943
2 Total Sales
Source: The MLS
MLS Number: 24-358619
APN: 5492-019-006