$1,025,000
SOLD JUN 4, 2026
6 Beds
6 Baths
2,864 Sq Ft
7,003 Sq Ft Lot

Sale Details

Date Sold: June 4, 2026

$358 Per Sq Ft

4% Below List Price

113 Days on Market

Highlights

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

About This Home

As of June 2026

PRICE IMPROVEMENT – SELLER READY TO REVIEW OFFERS 6 Detached Units | 4 Delivered Vacant | Significant Value-Add Opportunity Rare opportunity to acquire six detached 1-bedroom, 1-bath units on a spacious lot in South Los Angeles. Four units will be delivered vacant at close of escrow, offering immediate upside and repositioning flexibility. Projected double-digit stabilized returns (11%–14% range based on underwriting assumptions), this property presents a compelling value-add investment with substantial rental upside. Projections indicate strong potential for increased cash flow upon stabilization (buyer to independently verify all assumptions). Each unit is separately metered for gas and electricity (tenant-paid), minimizing owner utility exposure. Detached configuration provides privacy, flexibility, and operational versatility rarely found in comparable multifamily assets. This property offers multiple strategic paths: • Renovate and stabilize for long-term hold
• Optimize rents to market levels
• Explore specialty housing configurations (buyer to verify sober living, transitional & short term stay with city)
• Evaluate redevelopment potential and density expansion (buyer to verify with city) With immediate vacancy control, flexible layout, and strong rental demand in the area, this asset provides investors the opportunity to unlock significant value. Projected stabilized double-digit returns upon full rent optimization (buyer to verify) Ideal for value-add investors, operators, and buyers seeking long-term appreciation in a supply-constrained Los Angeles submarket. Buyer to independently verify all income, expenses, use options, and development potential.

Last Agent to Sell the Property

Antoinette Kegler

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

Keller Williams Encino/Sherman Oaks

Last Buyer's Agent

William Neri

Berkshire Hathaway HomeService License #01862347

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

  • Tenant pays for gas, parking fee, electricity
  • 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

7,003 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Alley Paved
  • Security: Window Bars, Smoke Detector(s)
  • 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: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Pantry, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: Parking, Low Pile Carpeting
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Entry Level: 1
  • Fireplace Features: Circulating, Gas Starter
  • Levels: One
  • Price Per Square Foot: 357.89
  • Room Type: Jack & Jill, Walk-In Closet, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Jalousies/Louvered

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Water Available, Sewer Available, Natural Gas Available, Cable Available, Electricity 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: Street Lights, Sidewalks

Lot Info

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

Rental Info

  • Tenant Pays: Gas, Parking Fee, Electricity

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

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

Listed on
Nov 26, 2025
Closed on
May 11, 2026
Sold by
Bought by
Seller's Agent
Antoinette Kegler
Keller Williams Encino/Sherman Oaks
Buyer's Agent
William Neri
Berkshire Hathaway HomeService
List Price
$1,070,000
Sold Price
$1,025,000
Premium/Discount to List
-$45,000
-4.21%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.19%
Original Mortgage
$512,000
Outstanding Balance
$511,512
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$561,488

Purchase Details

Closed on
Feb 18, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 Type Sale Price Title Company
Grant Deed $1,025,000 Lawyers Title Company
Interfamily Deed Transfer -- --
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 Loan Amount Loan Type
Open $512,000 New Conventional
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
06/04/2026 06/04/26 Sold $1,025,000 -2.3% $358 / Sq Ft
02/27/2026 02/27/26 Price Changed $1,049,000 -2.0% $366 / Sq Ft
11/26/2025 11/26/25 For Sale $1,070,000 -- $374 / 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 $3,990 $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

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25267068

California Regional Multiple Listing Service (CRMLS)

APN: 6020-019-004

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