$950,000
SOLD SEP 5, 2025
4 Beds
4 Baths
3,992 Sq Ft
6,251 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

17% Below List Price

55 Days on Market

About This Home

As of September 2025

Old Hollywood 1920's fourplex. Located directly across from LA City College. Spacious 1 bedroom + 1 bath units with hardwood floors and service porches with washer & dryer hookups. The upper units have balconies. There are 4 single garages in the rear. Zoning is LARD1.5 The rents are low. The building is approx. 3,992 sq.ft and the lot is 6,250 sq.ft.

Last Agent to Sell the Property

Charles Lazar

Balboa Real Estate, Inc. License #00426953 Listed on: 05/06/2025

Balboa Real Estate, Inc.

Co-Listed By

Sarah Ianni Rodriguez

Real Brokerage Technologies, Inc. License #02029304

Last Buyer's Agent

Charles Lazar

Balboa Real Estate, Inc. License #00426953 Listed on: 05/06/2025

Balboa Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,252 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,992 Sq Ft Home
  • 2-Story Property
  • Disposal
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

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

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5538-016-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,252 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: No
  • Living Area: 3992
  • Lot Acreage: 0.1435
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Gas Dryer Hookup, Washer
  • Price Per S Q F T: 287.83

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 4
  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 48.14
  • Assessed Improvement Value: 79018
  • Assessed Land Percent: 51.86
  • Assessed Land Value: 85140
  • Total Assessed Value: 164158
  • Assessor Parcel Number: 5538-016-017
  • Lot Size Area: 6252

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 21.80
  • Number Of Units: 4
  • Type Of Units: Fourplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
Aug 27, 2025
Sold by
Ouzounian Family Trust and Ouzounian Rosemary
Bought by
Badawy Family Trust and Badawy
Seller's Agent
Charles Lazar
Balboa Real Estate, Inc.
Buyer's Agent
Charles Lazar
Balboa Real Estate, Inc.
List Price
$1,149,000
Sold Price
$950,000
Premium/Discount to List
-$199,000
-17.32%
Views
15
Current Estimated Value
$959,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,259
Avg. Annual Appreciation
1.75%

Purchase Details

Closed on
Jul 9, 2002
Sold by
Ouzounian Albert K and Ouzounian Rosemary
Bought by
Ouzounian Albert K
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 $950,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Sold $950,000 -17.3% $238 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $1,149,000 -- $288 / Sq Ft
Source: The MLS

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 $2,550 $167,440 $86,842 $80,598
2024 $2,550 $164,158 $85,140 $79,018
2023 $2,511 $160,940 $83,471 $77,469
2022 $2,411 $157,785 $81,835 $75,950
2021 $2,360 $154,692 $80,231 $74,461
2019 $2,299 $150,105 $77,852 $72,253
2018 $2,159 $147,163 $76,326 $70,837
2016 $2,021 $141,451 $73,363 $68,088
2015 $1,996 $139,328 $72,262 $67,066
2014 $2,030 $136,600 $70,847 $65,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25534913

The MLS

APN: 5538-016-017

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