$1,341,000
SOLD OCT 31, 2025
8 Beds
5 Baths
2,093 Sq Ft
5,247 Sq Ft Lot

Recently Sold

$641 Per Sq Ft

13% Below List Price

40 Days on Market

About This Home

As of October 2025

Attention investors! Ready to add to your Real Estate portfolio? This brand new build multi family residence (3 units) investment opportunity is located in the heart of Los Angeles! With rents on the rise and an ever expanding University nearby, this multi unit property is a blank slate. With Los Angeles hosting the 2028 Olympics and located one mile from The University of Southern California, this three unit, 8 bedroom and 5 bath property consists of three separate metered units with separate electric and gas meters and a single water meter for the entire property. All new appliances elevate the properties value, refrigerators not included. Parking for up to 5-6 vehicles. All units also have unique addresses. 731 E 33rd St. is a downstairs unit with a large kitchen area, living and dining room. There are three bedrooms and two bath. One bedroom in the back has an exterior entrance. This unit potentially could be a four bedroom if the dining room area was replaced. Walls would need to be enclosed and a door installed, but that's what the layout is designed for.
731 1/2 E 33rd St. is an upstairs unit with three bedrooms and two baths. The primary has a large walk-in closet. 733 E 33rd St is a two bed and one bath ADU.
Unlimited potential for this property. This is a great investment, do not miss out!. Buyer to verify all information including square footage.

Last Agent to Sell the Property

William C. Turner III

Douglas Elliman of California, Inc. License #01935111 Listed on: 08/06/2025

Douglas Elliman of California, Inc.

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025

Lot Details

  • 5,247 Sq Ft Lot
  • Property is zoned R-3

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Additional Homes

  • Number of ADU Units: 1
  • Accessory Dwelling Unit (ADU)
  • ADU built in 2025
  • ADU includes 1 Bedroom and 1 Bathroom

Schools

  • See Remarks Elementary And Middle School
  • See Remarks High School

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5120024016
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2025
  • Reso Property Sub Type: Home/Estate
  • Property Information Year Built2: 2025
  • Property Information Total #Units: 3
  • NeighborhoodSchools Elementary School: See Remarks
  • NeighborhoodSchools Junior High School: See Remarks
  • NeighborhoodSchools High School: See Remarks
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Property Information ADU Count: 1
  • Property Information Apx Lot SqFt: 5247.0
  • ADU #1 Type2: ADU
  • ADU #1 Attached2: No
  • ADU #1 Year Built5: 2025
  • ADU #1 Beds: 2
  • ADU #1 Baths2: 1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 8

Exterior Features

  • Acres: 0.12

Schools

  • Elementary School: See Remarks
  • High School: See Remarks
  • Middle Or Junior School: See Remarks

Lot Info

  • Parcel #: 5120024016
  • Zoning: R-3
  • Lot Size Sq Ft: 5247.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2025
Closed on
Sep 22, 2025
Sold by
Hernandez Rosa and Hernandez Lorena
Bought by
Rahman Revocable Trust and Rahman
Seller's Agent
William C. Turner III
Douglas Elliman of California, Inc.
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,550,000
Sold Price
$1,341,000
Premium/Discount to List
-$209,000
-13.48%
Views
51
Current Estimated Value
$1,120,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,898
Avg. Annual Appreciation
-51.32%
Original Mortgage
$1,005,750
Outstanding Balance
$1,003,840
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$116,262

Purchase Details

Closed on
Apr 30, 1999
Sold by
Hernandez Guadalupe
Bought by
Hernandez Rosa and Hernandez Lorena
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Date Type Sale Price Title Company
Grant Deed $1,341,000 Lawyers Title Company
Grant Deed -- Lawyers Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,005,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $1,341,000 -13.5% $641 / Sq Ft
09/15/2025 09/15/25 Pending -- -- --
08/06/2025 08/06/25 For Sale $1,550,000 -- $741 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $2,341 $165,967 $84,520 $81,447
2024 $2,341 $162,713 $82,863 $79,850
2023 $2,302 $159,524 $81,239 $78,285
2022 $2,205 $156,397 $79,647 $76,750
2021 $2,169 $153,332 $78,086 $75,246
2019 $2,110 $148,786 $75,771 $73,015
2018 $2,036 $145,870 $74,286 $71,584
2016 $1,927 $140,207 $71,402 $68,805
2015 $1,902 $138,102 $70,330 $67,772
2014 $1,929 $135,398 $68,953 $66,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-2981

Santa Barbara Multiple Listing Service

APN: 5120-024-016