$1,030,000
SOLD MAR 12, 2025
4 Beds
4 Baths
2,986 Sq Ft
6,251 Sq Ft Lot

Recently Sold

$345 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Property is near a park
  • Lawn
  • Porch
  • Traditional Architecture
  • No HOA
  • 3-minute walk to Jackie Tatum / Harvard Park and Recreation Center

About This Home

As of March 2025

This well-maintained 2,986-square-foot multi-family property, built in 1948, features four thoughtfully designed units, each offering 1-bedroom, 1-bathroom, a full kitchen, and a separate laundry room. Each unit has a private detached garage for added convenience. With three of the four units currently available for immediate move-in, the new owner can set market rents, and the savvy investor might consider converting each unit into a 2-bedroom, maximizing income potential. The occupied 1-bedroom unit is currently receiving $1,800 per month for rent. Priced to sell, this property presents an ideal investment opportunity for those looking to establish or expand their real estate portfolio with a reliable, income-generating asset in the City of Los Angeles.

Last Agent to Sell the Property

Jason Lowery

Compass Brokerage Phone: 310.409.5374 License #01817345 Listed on: 01/16/2025

Compass

Last Buyer's Agent

Elsa Rios

Beltran & Rios Co. License #00859600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1948

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 125' x 50'
  • Two or More Common Walls
  • West Facing Home
  • Fenced
  • Fence is in average condition
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Quadruplex
  • Raised Foundation
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,986 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 13970
  • Assessor Parcel Number 6002022018
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,302

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 6002022018
  • Year Built: 1948
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2986.00 Square Feet
  • Stories: 2
  • Entry Location: Front & rear property.
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Area
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 344.94
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Near Public Transit, Park Nearby
  • Lot Size: 125' x 50'
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6251.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 13970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Feb 11, 2025
Sold by
Wilson Family Trust and Wilson Patsy Thomas
Bought by
6142 S Hobart Llc
Seller's Agent
Jason Lowery
Compass
Buyer's Agent
Elsa Rios
Beltran & Rios Co.
List Price
$999,995
Sold Price
$1,030,000
Premium/Discount to List
$30,005
3%
Views
42
Current Estimated Value
$1,016,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,333
Avg. Annual Appreciation
-0.10%
Original Mortgage
$1,689,800
Outstanding Balance
$1,685,579
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$655,912
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,030,000 Consumers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,689,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $1,030,000 +3.0% $345 / Sq Ft
03/10/2025 03/10/25 Price Changed $999,995 0.0% $335 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $999,995 -- $335 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2024 $1,302 $65,539 $26,641 $38,898
2023 $1,290 $64,255 $26,119 $38,136
2022 $1,251 $62,996 $25,607 $37,389
2021 $1,217 $61,761 $25,105 $36,656
2019 $1,192 $59,931 $24,361 $35,570
2018 $1,095 $58,757 $23,884 $34,873
2016 $1,021 $56,477 $22,957 $33,520
2015 $1,011 $55,630 $22,613 $33,017
2014 $1,045 $54,542 $22,171 $32,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24213450

California Regional Multiple Listing Service (CRMLS)

APN: 6002-022-018