$1,070,000
UNDER CONTRACT

Estimated payment $5,864/month

Total Views 3,242
6 Beds
6 Baths
2,864 Sq Ft
$374 Price per Sq Ft

Highlights

  • Gated Parking
  • Lawn
  • Double Door Entry
  • Property is near public transit
  • No HOA
  • Jalousie or louvered window

About This Home

Discover a rare investment opportunity featuring six detached one-bedroom bungalow-style units on a spacious lot in a centrally located Los Angeles neighborhood. Each unit offers classic charm, individual entrances, and separate gas and electric meters for simplified management and lower operating costs. The property includes an on-site parking area positioned behind the residences, providing additional income potential. Several units feature recent upgrades, including new carpet, fresh interior paint, and plumbing updates completed within the last few years under long-term ownership, but plenty of room for modern upgrades. Fixer potential. The layout and lot configuration offer strong rental demand and appealing long-term value. With multiple units ready for immediate stabilization and strong market rent potential, this asset presents an excellent opportunity for an investor seeking steady cash flow and future appreciation. The property is situated near major transportation corridors, local dining, parks, and community amenities, offering convenient access to greater Los Angeles. A rare find in a high-demand rental area, this multi-unit bungalow community provides versatility and strong upside for the next owner.

Listing Agent

Antoinette Kegler

Keller Williams Encino/Sherman Oaks License #02221232 Listed on: 11/26/2025

Keller Williams Encino/Sherman Oaks

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,003 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Wrought Iron Fence
  • New Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard Sprinklers
  • Lawn
  • Density is 6-10 Units/Acre

Home Design

  • Bungalow
  • Property Attached
  • Entry on the 1st floor
  • Flat Roof Shape
  • Combination Foundation
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,864 Sq Ft Home
  • 1-Story Property
  • Circulating Fireplace
  • Fireplace With Gas Starter
  • Jalousie or louvered window
  • Blinds
  • Double Door Entry
  • Living Room
  • Carpet
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 6 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Side by Side Parking
  • Gated Parking
  • Paved Parking
  • Assigned Parking

Accessible Home Design

  • Low Pile Carpeting
  • Accessible Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 204
  • Tax Tract Number 2377
  • Assessor Parcel Number 6020019004
  • $907 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,100
  • Water Sewer Expense $700
  • Operating Expense $3,000
  • Gross Income $45,000
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 700.00
  • Architectural Style: Bungalow
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6020019004
  • Year Built: 1925
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Pantry, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: Low Pile Carpeting, Parking
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Entry Level: 1
  • Fireplace Features: Circulating, Gas Starter
  • Levels: One
  • Price Per Square Foot: 373.60
  • Room Type: Jack & Jill, Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Blinds, Jalousies/Louvered

Exterior Features

  • Foundation: Combination
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Excellent Condition, New Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Concrete, Gated, Side by Side

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Electric: Standard
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Front Yard, Lawn, Level, Near Public Transit, Paved, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 7003.00
  • Lot Size Acres: 0.1608

Rental Info

  • Tenant Pays: Electricity, Gas, Parking Fee

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 7003.0000 Square Feet
  • Net Operating Income: 45000.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Expenses: 3000.00

Tax Info

  • Tax Lot: 204
  • Tax Tract Number: 2377.20
  • TaxOtherAnnualAssessmentAmount: 907.00

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 $3,882 $253,303 $131,343 $121,960
2024 $3,882 $248,337 $128,768 $119,569
2023 $3,827 $243,469 $126,244 $117,225
2022 $3,686 $238,696 $123,769 $114,927
2021 $3,630 $234,017 $121,343 $112,674
2019 $3,544 $227,078 $117,745 $109,333
2018 $3,448 $222,627 $115,437 $107,190
2016 $3,247 $213,984 $110,955 $103,029
2015 $3,209 $210,771 $109,289 $101,482
2014 $3,262 $206,644 $107,149 $99,495
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $1,070,000 -- $374 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25267068

California Regional Multiple Listing Service (CRMLS)

APN: 6020-019-004