$1,495,000
Total Views 1,918
5 Beds
5 Baths
2,330 Sq Ft
$642 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Glenoaks Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

Discover the perfect blend of homeownership and investment with this beautifully updated residential income producing property, featuring two spacious units plus a newly constructed ADU (2022-2023). This rare opportunity allows you to live in one unit while generating rental income from the others, helping to offset your mortgage and build long-term wealth. Thoughtfully upgraded with modern finishes and recent enhancements, this property offers both curb appeal and minimal maintenance, ensuring a hassle-free experience for owner-occupants and investors alike. With stabilized rents providing rental income from day one and a prime location in a high-demand rental area, this property is positioned for strong appreciation and financial security. Whether you're a first-time buyer looking for a smart, income-producing home or an investor seeking a reliable asset, this property offers the best of both worlds—comfortable living with built-in financial benefits. Don’t miss out on this incredible opportunity!

Listing Agent

Emil Akopian

Keller Williams R. E. Services Brokerage Email: emil.akopian@outlook.com License #01449462 Listed on: 02/25/2026

Keller Williams R. E. Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 6,249 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,330 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 13 / B
  • Tax Tract Number 7600
  • Assessor Parcel Number 5665018013
  • $168 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $2,080
  • Water Sewer Expense $2,400
  • Operating Expense $5,320
  • Gross Income $102,000
  • Net Operating Income $80,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

6,249 Sq Ft Lot

Listing Details

  • CapRate: 5.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: GLR1*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 5665018013
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 641.63

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6249.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: Gas, Trash Collection, Electricity

Multi Family

  • Gross Income: 102000.00
  • Gross Scheduled Income: 102000.00
  • Insurance Expense: 2080.00
  • Lot Size Area: 6249.0000 Square Feet
  • Net Operating Income: 80480.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 21520.00
  • Other Income1: 2700.00
  • Other Income Description: Pro forma if fully rented
  • Rent Control: Yes
  • Total Expenses: 5320.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 3010.00
  • Tax Lot: 13
  • Tax Tract Number: 7600
  • TaxOtherAnnualAssessmentAmount: 168.00

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 $8,522 $784,761 $432,972 $351,789
2024 $8,522 $769,375 $424,483 $344,892
2023 $8,327 $754,290 $416,160 $338,130
2022 $8,180 $739,500 $408,000 $331,500
2021 $8,039 $725,000 $400,000 $325,000
2020 $788 $66,067 $38,972 $27,095
2019 $770 $64,772 $38,208 $26,564
2018 $761 $63,503 $37,459 $26,044
2016 $706 $61,039 $36,005 $25,034
2015 $693 $60,123 $35,465 $24,658
2014 $701 $58,946 $34,771 $24,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2026 02/25/26 For Sale $1,495,000 +106.2% $642 / Sq Ft
09/02/2020 09/02/20 Sold $725,000 +5.1% $484 / Sq Ft View Prior Sale
08/17/2020 08/17/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $690,000 -- $461 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $725,000 Ticor Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $645,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD26041777

California Regional Multiple Listing Service (CRMLS)

APN: 5665-018-013

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