$820,000
$30K PRICE DROP

Estimated payment $4,556/month

Total Views 3,446
8 Beds
4 Baths
3,026 Sq Ft
$271 Price per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • Attic
  • Covered Patio or Porch
  • Colonial Architecture
  • Furnished
  • 2 Car Garage

About This Home

This well-maintained four-unit property in South Los Angeles offers an excellent opportunity for a buyer seeking long-term rental income and portfolio growth. The property is tenant-occupied, providing immediate income, and is conveniently located near the 110 Freeway, Downtown Los Angeles, public transportation, schools, shopping, and major employment centers. Ownership has invested in improvements and offering a solid foundation for continued ownership and future appreciation. Whether you are expanding your real estate portfolio or acquiring your first multifamily property, this is an opportunity to own an income-producing asset in a high-demand rental market. Buyer to independently verify all information, including unit count, permits, square footage, zoning, rents, occupancy status, and development potential. Interior inspection upon accepted offer only.

Listing Agent

Marques Gunn

Compass License #02040248 Listed on: 06/03/2026

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,738 Sq Ft Lot
  • South Facing Home
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • 5 Open Parking Spaces
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,026 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Laundry Located Outside
  • Attic

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 6029-024-027

Community Details

Overview

  • 2 Buildings
  • 4 Units

Additional Features

  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

5,738 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish Colonial
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Investor opportunity in South Los Angeles. This four-unit income property is fully tenant occupied and conveniently located near Downtown Los Angeles, major transportation corridors, shopping, dining, and employment centers. Ownership has invested in improvements to Units 1, 2, and 4, and the property was successfully removed from the Rent Escrow Account Program (REAP) on February 27, 2026. Current gross scheduled income is approximately $41,268 annually. Ideal for investors seeking stable income with long-term rental upside potential. Property sold as-is. Drive-by only. Please do not disturb occupants. Call or text (310) 703-3476 to schedule showing.
  • Alley: Yes
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 3026
  • Lot Acreage: 0.1317
  • Probate: No
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Common Walls, Furnished
  • Number Carpet: 4
  • Number Dishwasher: 0
  • Number Disposal: 0
  • Flooring: Laminate, Carpet, Vinyl Tile
  • Appliances: Gas, Oven-Gas
  • Bedrooms: 8
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Attached
  • Bathroom Features: Tile, Shower Over Tub
  • Kitchen Features: Tile Counters
  • Laundry: Community, Outside
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator, Range/Oven, Ceiling Fan
  • Price Per S Q F T: 270.98

Exterior Features

  • Direction Faces: South
  • Construction: Frame, Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Concrete Perimeter
  • Number Patio: 0
  • Patio: Porch - Front, Covered Porch
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Garage Structures: 1
  • Number Rented Garages: 0
  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Detached, Shared Driveway, Uncovered
  • Total Parking: 7

Utilities

  • Volt 220: In Laundry, In Kitchen
  • Water Heater: Water Heater Unit, Gas
  • Heating: Wall Gas
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 4
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front
  • Assessed Improvement Percent: 79.65
  • Assessed Improvement Value: 71801
  • Assessed Land Percent: 20.35
  • Assessed Land Value: 18350
  • Total Assessed Value: 90151
  • Assessor Parcel Number: 6029-024-027
  • Lot Size Area: 5738

Rental Info

  • Number Leased: 4
  • Total Actual Rent: 30468.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 27.90
  • Number Of Units: 4
  • Number Wall A C: 0
  • Rent Control: 100
  • Type Of Units: 4

Tax Info

  • Private Transfer Taxes: No

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,527 $90,151 $18,350 $71,801
2024 $1,471 $88,385 $17,991 $70,394
2023 $1,450 $86,653 $17,639 $69,014
2022 $1,395 $84,955 $17,294 $67,661
2021 $1,360 $83,290 $16,955 $66,335
2020 $1,365 $82,437 $16,782 $65,655
2019 $1,326 $80,821 $16,453 $64,368
2018 $1,228 $79,237 $16,131 $63,106
2016 $1,140 $76,161 $15,505 $60,656
2015 $1,126 $75,018 $15,273 $59,745
2014 $1,149 $73,549 $14,974 $58,575
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2026 07/02/26 Price Changed $820,000 -3.5% $271 / Sq Ft
06/03/2026 06/03/26 For Sale $850,000 -- $281 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: The MLS

MLS Number: 26837417

The MLS

APN: 6029-024-027

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