$1,899,000

Estimated payment $11,928/month

Total Views 4,243
9 Beds
4 Baths
3,896 Sq Ft
$487 Price per Sq Ft

Highlights

  • Two cooling system units
  • Central Heating and Cooling System
  • Ceiling Fan
  • STEM Academy at Bernstein High Rated A-

About This Home

SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. ** PERFECT FOR 1031 EXCHANGE!!** TURN-KEY PROPERTY. LOW MAINTENANCE - REMODELED/RENOVATED WITH UPGRADED COOL LIGHTING FIXTURES. REAL ESTATE BUYING AND SELLING BUSY SEASON IS HERE!! MORE BUYERS ARE IN THE MARKET TO BUY. DON'T MISS OUT!! NOW 100% LEASED. STABLE INCOME COMING IN. GREAT QUIET LOCATION. FEW BLOCKS FROM LACC, NEW HIGHER RENT FOR THE 3 BEDROOM UNIT. TURN KEY PROPERTY, FULLY REMODELED, & TOP MARKET RENTS. WHAT ELSE DO YOU WANT? BEST LOCATION!! ALL UNITS ARE RENTED AT MARKET RENTAL RATE!! Beautifully Remodeled 2 Story Spanish Four-Plex located in the highly sought-after Hollywood Submarket of LA! Walking distance to LACC! Fully Renovated with New Quarts Countertops/New Backsplash/New Soft close white high-end glossy, easy-to-clean cabinet/New Hansgrohe Kit Faucet/New Dishwasher/New Gas Range, Oven, Hood/New Ductless AC & HEAT in living & bedroom/New bathroom with Kohler Faucet & Toilet/New Recessed light throughout with Dimmer switch/New fresh interior Painted/New Laminate floors/Washer&Dryer in unit. ALL UNITS offers: Living & beautifully Updated kitchen & bathroom, hardwood Floors & high ceilings, washer/dryer in each unit. Other Upgrade features: All New windows/New Iron security bar/New Exterior paint. Water-saving stylish landscaping. PRICE TO SELL!! buyer to verify all facts.

Listing Agent

Max Lee

Real Broker License #01905008 Listed on: 08/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,216

Year Built

  • Built in 1924

Lot Details

  • 5,182 Sq Ft Lot

Interior Spaces

  • 3,896 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5538-007-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,216

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3896
  • Lot Acreage: 0.1190
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 75
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator, Dishwasher, Ceiling Fan, Dryer, Washer, Microwave
  • Price Per S Q F T: 487.42

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Cooling: Central, Ceiling Fan, Dual
  • Heating: Combination, Central

Lot Info

  • Assessed Improvement Percent: 29.82
  • Assessed Improvement Value: 464798
  • Assessed Land Percent: 70.18
  • Assessed Land Value: 1093645
  • Total Assessed Value: 1558443
  • Assessor Parcel Number: 5538-007-028
  • Lot Size Area: 5182

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.86
  • Number Of Units: 4
  • Total Annual Expense: 41097
  • Type Of Units: 2+1x3, 3+1
  • Vacancy Rate: None

Map

Range of Values:

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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 $19,216 $1,589,610 $1,115,517 $474,093
2024 $19,216 $1,558,443 $1,093,645 $464,798
2023 $18,845 $1,527,886 $1,072,201 $455,685
2022 $17,970 $1,497,928 $1,051,178 $446,750
2021 $17,741 $1,468,558 $1,030,567 $437,991
2019 $17,210 $1,425,000 $1,000,000 $425,000
2018 $13,391 $1,088,139 $603,324 $484,815
2016 $12,780 $1,045,888 $579,898 $465,990
2015 $12,594 $1,030,179 $571,188 $458,991
2014 -- $693,619 $454,833 $238,786
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $1,899,000 0.0% $487 / Sq Ft
04/29/2022 04/29/22 Rented $2,800 0.0% --
04/25/2022 04/25/22 Under Contract -- -- --
03/28/2022 03/28/22 For Rent $2,800 +7.7% --
01/31/2019 01/31/19 Rented $2,600 -3.7% --
01/19/2019 01/19/19 For Rent $2,700 0.0% --
08/17/2018 08/17/18 Sold $1,425,000 -3.7% $366 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $1,480,000 -- $380 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $1,425,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Co
Grant Deed $1,010,000 Ticor Title Co
Grant Deed $610,000 Ticor Title
Grant Deed $393,000 Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $260,000 Chicago Title
Corporate Deed $140,000 Old Republic Title Company
Trustee Deed $334,428 Continental Land Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 Adjustable Rate Mortgage/ARM
Previous Owner $499,000 New Conventional
Previous Owner $510,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $488,000 Purchase Money Mortgage
Previous Owner $314,400 No Value Available
Previous Owner $288,750 No Value Available
Previous Owner $241,872 FHA
Previous Owner $249,111 FHA
Previous Owner $126,000 No Value Available
Closed $61,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25584955

The MLS

APN: 5538-007-028