NOT LISTED FOR SALE
8 Beds
6 Baths
3,650 Sq Ft
5,499 Sq Ft Lot

Sale Details

Date Sold: March 31, 2023

Last sale price $810,000 $222 Per Sq Ft

9 Days on Market

About This Home

As of March 2023

5 Units LA for $165,000 Per Unit! Private Seller Financing Available! We are pleased to exclusively offer for sale this 5 unit multi-family investment property in the city of East Los Angeles. The property boasts an excellent unit of mix of; 1(3Bed/2Bath), 1(2Bed/1Bath), 3(1Bed/1Bath)s with a total rentable square footage of 3,650 SqFt. The property is 100% copper plumbing and the seismic retrofit has been completed. The current tenants have lived at the subject property for a number of years with rents rarely being increased. This property is poised for an investor familiar with tenant relocation as the property offers 250% upside in rental income. Tenants enjoy onsite parking and an onsite laundry facility. Private Seller Financing Terms: 30% Down Payment, 3 Year Term, 6% Interest Only Payments, no pre-pay penalty.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 03/01/2023

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 03/01/2023

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 5,499 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 3,650 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1120
  • Assessor Parcel Number 5186019001

Community Details

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $275
  • Fuel Expense $1,329
  • Insurance Expense $1,800
  • Maintenance Expense $3,750
  • Other Expense $750
  • Trash Expense $38
  • Water Sewer Expense $2,383
  • New Taxes Expense $9,616
  • Operating Expense $19,941
  • Gross Income $33,117
  • Net Operating Income $13,176

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

5,499 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2383.00
  • Zoning: LAR2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5186019001
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 221.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Trash Expense: 38.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5499.00
  • Lot Size Acres: 0.1262

Multi Family

  • Electric Expense: 275.00
  • Fuel Expense: 1329.00
  • Gross Income: 33117.00
  • Gross Operating Income: 33117.00
  • Gross Scheduled Income: 33117.00
  • Insurance Expense: 1800.00
  • Laundry Income: 170.00
  • Lot Size Area: 5499.0000 Square Feet
  • Maintenance Expense: 3750.00
  • Net Operating Income: 13176.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 19941.00
  • Other Expense: 750.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Expenses: 19941.00

Tax Info

  • New Taxes Expense: 9616.00
  • Tax Census Tract: 2048.10
  • Tax Lot: 1
  • Tax Tract Number: 1120

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2025
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,500
Interest Rate
0.0672%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 14, 2023
Sold by
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
0.0632%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 5, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2007
Sold by
Bought by
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

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 Buyer Sale Price Title Company
-- None Listed On Document
$1,065,000 Monarch Title
$810,000 Fidelity National Title
$590,000 Ticor Title Company Of Calif
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $745,500
Previous Owner $567,000
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
03/31/2023 03/31/23 Sold $810,000 -1.8% $222 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $825,000 -- $226 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,993 $842,724 $426,564 $416,160
2024 $10,823 $826,200 $418,200 $408,000
2023 $13,128 $1,018,589 $726,951 $291,638
2022 $12,542 $998,618 $712,698 $285,920
2021 $12,381 $979,038 $698,724 $280,314
2019 $12,037 $950,000 $678,000 $272,000
2018 $2,105 $109,838 $19,147 $90,691
2016 $1,946 $105,574 $18,404 $87,170
2015 $1,927 $103,989 $18,128 $85,861
2014 $1,967 $101,953 $17,773 $84,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23034544

California Regional Multiple Listing Service (CRMLS)
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