$949,900
$50K PRICE DROP

Estimated payment $5,511/month

Total Views 2,075
7 Beds
4 Baths
2,750 Sq Ft
$345 Price per Sq Ft

Highlights

  • Private Yard
  • 1-Story Property
  • 3-minute walk to Trinity Park Legends Court
  • Laundry Room

About This Home

Excellent investment opportunity! This triplex on 24th Street in Los Angeles, just minutes from Downtown LA, offers incredible income potential and future development possibilities. Situated in a prime location, this multi-unit property is perfect for investors or owner-occupants looking to maximize rental income. With spacious units and a functional layout, each residence provides comfortable living with ample natural light and character. The property sits on a generous lot, offering potential to expand, add additional units, or redevelop (buyer to verify with the city). Located near major freeways, public transportation, shopping, dining, and entertainment, this triplex is in a high-demand rental area, making it an excellent long-term investment. Don't miss out on this versatile property with room to grow

Listing Agent

Lianne Gallardo

Keller Williams South Bay Brokerage Phone: 310-918-0020 License #01965012 Listed on: 04/11/2025

Keller Williams South Bay

Co-Listing Agent

kevin park

Keller Williams South Bay Brokerage Phone: 310-918-0020 License #01427224

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1902

Lot Details

  • 6,510 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • Triplex

Interior Spaces

  • 2,750 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Driveway Level
  • On-Street Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 23 / E
  • Assessor Parcel Number 5131018025

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • Gross Income $57,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,028

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 316633
  • Property Attached: No
  • Zoning: LAC2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5131018025
  • Year Built: 1902
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 345.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Driveway Level, Street

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6510.00
  • Lot Size Acres: 0.1494

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 900 Square Feet
  • Gross Income: 57420.00
  • Lot Size Area: 6510.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: E
  • Tax Census Tract: 2264.20
  • Tax Lot: 23

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

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 $4,028 $300,583 $229,870 $70,713
2024 $4,028 $294,690 $225,363 $69,327
2023 $3,957 $288,913 $220,945 $67,968
2022 $3,786 $283,249 $216,613 $66,636
2021 $3,729 $277,696 $212,366 $65,330
2020 $3,760 $275,370 $210,189 $65,181
2019 $3,625 $269,982 $206,068 $63,914
2018 $3,512 $264,699 $202,028 $62,671
2016 $3,336 $253,923 $194,184 $59,739
2015 $3,291 $250,110 $191,268 $58,842
2014 $3,321 $245,212 $187,522 $57,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $949,900 -4.0% $365 / Sq Ft
06/09/2025 06/09/25 Price Changed $989,900 -1.0% $380 / Sq Ft
03/28/2025 03/28/25 For Sale $999,900 -- $384 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $196,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25046827

California Regional Multiple Listing Service (CRMLS)

APN: 5131-018-025