$1,495,000
$155K PRICE DROP

Estimated payment $8,533/month

Total Views 2,284
6 Beds
3 Baths
2,540 Sq Ft
$589 Price per Sq Ft

Highlights

  • 0.26 Acre Lot
  • 3 Car Garage
  • Front Yard
  • Living Room with Fireplace
  • Gated Home

About This Home

Excellent opportunity for both Owner-Users and Developers! You must see this 11,379SF lot that is prime for development. The existing property was fully remodeled less than 10 years ago. Remodel work included individual water meters, new windows, new flooring, new drywall, new kitchens, new bathrooms, and full interior and exterior paint. All three units are two bedrooms and 1 bathroom each. Be a part of the Hyde Park renaissance which includes light rail and new development all down this important corridor. Agents MUST read private remarks. Do NOT disturb occupants.

Listing Agent

Melissa Barlow

Elite Representation Real Estate License #01498928 Listed on: 07/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,278

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Gated Home
  • Front Yard

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 4006-006-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,278

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Excellent opportunity for both Owner-Users and Developers! You must see this 11,379SF lot that is prime for development. The existing property was fully remodeled less than 10 years ago. Remodel work included individual water meters, new windows, new flooring, new drywall, new kitchens, new bathrooms, and full interior and exterior paint. All three units are two bedrooms and 1 bathroom each. Be a part of the Hyde Park renaissance which includes light rail and new development all down this important corridor. Agents MUST read private remarks. Do NOT disturb occupants.
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2540
  • Lot Acreage: 0.2613
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 6
  • Common Walls: Attached
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 588.58

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Garage - 3 Car, Garage Is Detached, Parking Space
  • Total Parking: 6

Utilities

  • Water District: LADWP
  • Water Heater: Gas
  • Heating: Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Security: Gated
  • Sewer: In Connected and Paid
  • Water: District
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 3700.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 38.78
  • Assessed Improvement Value: 216184
  • Assessed Land Percent: 61.22
  • Assessed Land Value: 341347
  • Total Assessed Value: 557531
  • Assessor Parcel Number: 4006-006-006
  • Lot Description: Front Yard
  • Lot Size Area: 11382

Rental Info

  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.90
  • Number Of Units: 3
  • Total Annual Expense: 24186
  • Type Of Units: Residential
  • Vacancy Allow: 0
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: 0

Tax Info

  • Private Transfer Taxes: No
  • Tax Expense: 18986.00

MLS Schools

  • School District: Los Angeles Unified

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 $7,278 $568,680 $348,173 $220,507
2024 $7,278 $557,531 $341,347 $216,184
2023 $7,149 $546,600 $334,654 $211,946
2022 $6,837 $535,884 $328,093 $207,791
2021 $6,743 $525,377 $321,660 $203,717
2019 $6,552 $509,796 $312,120 $197,676
2018 $6,396 $499,800 $306,000 $193,800
2016 $3,040 $223,134 $132,426 $90,708
2015 $3,000 $219,783 $130,437 $89,346
2014 $3,034 $215,478 $127,882 $87,596
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2025 07/28/25 Price Changed $1,495,000 -9.4% $589 / Sq Ft
07/10/2025 07/10/25 For Sale $1,650,000 +236.7% $650 / Sq Ft
09/30/2016 09/30/16 Sold $490,000 0.0% $193 / Sq Ft View Prior Sale
08/02/2016 08/02/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $490,000 -- $193 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $490,000 Fidelity National Title Co
Gift Deed -- --
Grant Deed $168,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Previous Owner $164,827 FHA
Source: Public Records

Source: The MLS

MLS Number: 25563751

The MLS

APN: 4006-006-006