$1,150,000
SOLD JUN 4, 2025
7 Beds
7 Baths
3,200 Sq Ft
5,430 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

4% Below List Price

53 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Gated Home
  • Gated Community
  • Controlled Entrance

About This Home

As of June 2025

This exceptional investment opportunity offers an impressive 8.35% cap rate making it a turnkey, high-yield asset in one of Los Angeles' most dynamic rental markets. Located at 731 E. Jefferson Blvd. Los Angeles, this professionally managed and well-maintained property features seven units all individually metered for gas and electricity allowing tenants to cover their own utilities. The property consists of seven 1 bed +1 bath units in 3,200 square feet of livable space on a 5,428 square foot lot. 2 Units Delivered vacant. Half the units have been remodeled. Building amenities include gated secured entry and on-site large parking court. Conveniently positioned near major employment hubs, this property provides tenants with easy access to Los Angeles International Airport (LAX), Downtown LA, the West Side, and the South Bay, making it an attractive option for working professionals. Additionally, it's close to some of LA's top attractions, including SoFi Stadium, USC, BMO Stadium, LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum all within a short commute. Residents also benefit from excellent transportation options, with quick access to major freeways such as the I-110, I-5, and I-405, as well as public transit options just minutes away, providing seamless connectivity throughout Greater Los Angeles and the South Bay. This property offers strong cash flow, modernized units, and an unbeatable location, making it a prime addition to any savvy investor's portfolio. Can be sold as a package with 432 W. 107th. (Also 7 units offered at a high CAP).

Last Agent to Sell the Property

Danny Mahelka

Coldwell Banker Realty License #01170359 Listed on: 03/24/2025

Coldwell Banker Realty

Co-Listed By

Vahe Shaghzo

Coldwell Banker Realty License #01367507

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 5,430 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Gated Home

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Gated Parking
  • Controlled Entrance

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 7 Units
  • Rent Control
  • Gated Community

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5120-023-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3200
  • Lot Acreage: 0.1247
  • Lot Dimensions: 40x135
  • Price Per Unit: 171428.00
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven-Gas, Cooktop - Gas
  • Bedrooms: 7
  • Total Bathrooms: 7.00
  • Equipment: Range/Oven, Garbage Disposal
  • Price Per S Q F T: 375.00

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 7
  • Parking Garage: Controlled Entrance, Gated
  • Total Parking: 7

Utilities

  • Water Heater: Gas
  • Heating: Wall Gas
  • Security: Gated
  • Sewer: In Street
  • Water Heaters: Yes

Association/Amenities

  • Amenities: Gated Parking

Lot Info

  • Assessed Improvement Percent: 58.17
  • Assessed Improvement Value: 795906
  • Assessed Land Percent: 41.83
  • Assessed Land Value: 572220
  • Total Assessed Value: 1368126
  • Assessor Parcel Number: 5120-023-019
  • Lot Description: Gated Community
  • Lot Size Area: 5430

Rental Info

  • Total Actual Rent: 149100.00
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 8.05
  • Number Of Units: 7
  • Type Of Units: 7

Range of Values:

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Sold Price
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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
06/04/2025 06/04/25 Sold $1,150,000 -4.2% $359 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $1,200,000 +9.1% $375 / Sq Ft
02/08/2021 02/08/21 Sold $1,100,000 -7.9% $344 / Sq Ft View Prior Sale
10/21/2020 10/21/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $1,195,000 -- $373 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25506847

The MLS