$1,650,000
$500K PRICE DROP

Estimated payment $9,151/month

Total Views 5,453
6 Beds
6 Baths
4,464 Sq Ft
$370 Price per Sq Ft

Highlights

  • Property is near a park
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Park
  • Central Heating

About This Home

SELLER MAY PROVIDE BUYER INCENTIVES!! MUST SELL!! Price Reduced OVER $450,000 on this Large Duplex in the Ladera Heights Area"!! 4464 sq. ft. 6 Bedroom 6 Bath Large Duplex with a 4 Car Garage on a 7771 sq ft lot!! Near parks, shopping, restaurants, churches and transportation!! Minutes from LAX/SO FI / FORUM/ INTUIT DOME!! "City Views" from upstairs unit!! Great property for large familiy!! See Agent Remarks!!

Listing Agent

Bob Maxwell

Real Estate Merchant Brokerage Phone: 310-864-2055 License #00625670 Listed on: 02/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,313

Year Built

  • Built in 1951

Lot Details

  • 7,771 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Rectangular Lot
  • Front Yard

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway Level
  • Off-Street Parking

Home Design

  • Duplex
  • Entry on the 2nd floor
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 4,464 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Property is near a park
  • Urban Location

Utilities

  • Central Heating
  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 12657
  • Assessor Parcel Number 4019021012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Insurance Expense $4,638
  • Trash Expense $1,000
  • Water Sewer Expense $2,100
  • Operating Expense $10,138
  • Gross Income $112,800
  • Net Operating Income $85,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,313

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 825000
  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Zoning: LCR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4019021012
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial, Formica Counters
  • Stories: 2
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Entry Level: 2
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 369.62

Exterior Features

  • Direction Faces: West
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level, Garage Faces Front, Garage - Two Door, Off Street
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 7771.00
  • Lot Size Acres: 0.1784

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 2400.00
  • Gross Operating Income: 112800.00
  • Gross Scheduled Income: 112800.00
  • Insurance Expense: 4638.00
  • Lot Size Area: 7771.0000 Square Feet
  • Net Operating Income: 85300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Refrigerator: 2
  • Operating Expense: 27500.00
  • Rent Control: Yes
  • Total Expenses: 10138.00

Tax Info

  • Tax Area: 4-599
  • Tax Census Tract: 7031.00
  • Tax Lot: 12
  • Tax Tract Number: 12657
  • Tax Annual Amount: 4313.46
  • Tax Year: 2025

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 $4,313 $259,252 $51,695 $207,557
2024 $4,313 $254,170 $50,682 $203,488
2023 $4,110 $249,188 $49,689 $199,499
2022 $4,167 $244,303 $48,715 $195,588
2021 $4,110 $239,513 $47,760 $191,753
2019 $3,908 $232,411 $46,345 $186,066
2018 $3,792 $227,855 $45,437 $182,418
2016 $3,570 $219,010 $43,674 $175,336
2015 $3,544 $215,721 $43,018 $172,703
2014 $3,554 $211,496 $42,176 $169,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $1,650,000 -5.7% $370 / Sq Ft
07/21/2025 07/21/25 Price Changed $1,750,000 -2.8% $392 / Sq Ft
06/14/2025 06/14/25 Price Changed $1,800,000 -7.7% $403 / Sq Ft
06/01/2025 06/01/25 Price Changed $1,950,000 -2.5% $437 / Sq Ft
05/02/2025 05/02/25 Price Changed $2,000,000 -7.0% $448 / Sq Ft
02/21/2025 02/21/25 For Sale $2,150,000 -- $482 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,242,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $756,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $390,000 Unknown
Previous Owner $174,725 Stand Alone Second
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25026242

California Regional Multiple Listing Service (CRMLS)

APN: 4019-021-012