$1,699,900

Estimated payment $10,633/month

13 Beds
9 Baths
5,580 Sq Ft
$305 Price per Sq Ft

Highlights

  • Gated Community
  • No HOA
  • Resident Manager or Management On Site
  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past few years. Property is gated with a nicely-manicured front yard and great curb appeal. Low vacancy rate, great rental amounts with additional room for upside. Very low maintenance and friendly/cooperative tenants.

Listing Agent

Cameron Davis

The Elite Group Brokerage Phone: 949-350-0808 License #01449829 Listed on: 12/23/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,500 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 5,580 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Auto Driveway Gate
  • Driveway Level
  • Assigned Parking

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 598
  • Assessor Parcel Number 4006025023
  • $1,293 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $4,800
  • Gardener Expense $1,440
  • Insurance Expense $4,000
  • Trash Expense $6,100
  • Water Sewer Expense $9,600
  • New Taxes Expense $16,000
  • Operating Expense $131,940
  • Gross Income $191,874
  • Net Operating Income $59,844

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Resident Manager, Window Bars
  • View: No
  • Water Sewer Expenses: 9600.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 4006025023
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 304.64

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Driveway, Driveway Level
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community, Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 6100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Rectangular Lot, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 8500.00
  • Lot Size Acres: 0.1951
  • Latitude Manual: 33.97631200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 4800.00
  • Gross Income: 191874.00
  • Gross Scheduled Income: 191784.00
  • Insurance Expense: 4000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Lot Size Area: 8500.0000 Square Feet
  • Net Operating Income: 59844.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Operating Expense: 131940.00
  • Rent Control: Yes
  • Total Actual Rent: 14162.00
  • Total Expenses: 131940.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 598
  • TaxOtherAnnualAssessmentAmount: 1293.00

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2025 12/23/25 For Sale $1,699,900 +1.8% $305 / Sq Ft
06/11/2025 06/11/25 Sold $1,670,000 -1.5% $299 / Sq Ft View Prior Sale
05/12/2025 05/12/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $1,695,000 -- $304 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25279524

California Regional Multiple Listing Service (CRMLS)