$899,900
PENDING

Estimated payment $5,178/month

Total Views 803
6 Beds
4 Baths
3,080 Sq Ft
$292 Price per Sq Ft

Highlights

  • 0.26 Acre Lot
  • Rectangular Lot
  • 1-Story Property
  • Wood Flooring

About This Home

Value-add opportunity in a high-demand LA corridor! This fully occupied 4-unit Quad/D sits on an 11,359 sq ft lot with room to add 2 ADUs. With two below-market rents and a 12x GRM, there’s immediate upside to boost an already strong $63,128 NOI. Proximate to SoFi Stadium, LAX, and the Metro Expo/Crenshaw Line. Do not disturb tenants — proof of funds required with all offers. PROPERTY WILL BE SOLD WITH TENANTS.

Listing Agent

Darryl West

Powerhouse Real Estate Brokerage Email: info@thepowerhouserealestate.com License #01417059 Listed on: 03/05/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 11,359 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,080 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Gas Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 309
  • Tax Tract Number 2349
  • Assessor Parcel Number 4006012016

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $3,000
  • Maintenance Expense $4,200
  • Trash Expense $600
  • Water Sewer Expense $3,000
  • New Taxes Expense $10,000
  • Operating Expense $22,000
  • Gross Income $88,128
  • Net Operating Income $63,128

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0.26 Acres

Listing Details

  • CapRate: 6.00
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4006012016
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 292.18
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: No
  • Appliances: Gas Oven
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11359.00
  • Lot Size Acres: 0.2608

Multi Family

  • Gross Income: 88128.00
  • Gross Multiplier: 12.00
  • Gross Operating Income: 85128.00
  • Gross Scheduled Income: 85128.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 11359.0000 Square Feet
  • Maintenance Expense: 4200.00
  • Net Operating Income: 63128.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 22000.00
  • Rent Control: No
  • Total Actual Rent: 6888.50
  • Total Expenses: 22000.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 309
  • Tax Tract Number: 2349.01

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 $4,880 $349,222 $172,399 $176,823
2024 $4,880 $342,375 $169,019 $173,356
2023 $4,802 $335,662 $165,705 $169,957
2022 $4,609 $329,081 $162,456 $166,625
2021 $4,539 $322,629 $159,271 $163,358
2020 $4,576 $319,321 $157,638 $161,683
2019 $4,421 $313,061 $154,548 $158,513
2018 $4,245 $306,923 $151,518 $155,405
2016 $4,044 $295,007 $145,636 $149,371
2015 $3,992 $290,577 $143,449 $147,128
2014 $4,035 $284,886 $140,640 $144,246
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2026 04/09/26 Pending -- -- --
03/12/2026 03/12/26 For Sale $899,900 0.0% $292 / Sq Ft
03/06/2026 03/06/26 Pending -- -- --
03/05/2026 03/05/26 For Sale $899,900 -- $292 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Closed $577,500 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26048878

California Regional Multiple Listing Service (CRMLS)

APN: 4006-012-016

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