NOT LISTED FOR SALE

Estimated Value: $973,000 - $1,069,469

8 Beds
4 Baths
3,140 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $999,000 $318 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,485/month

49 Days on Market

About This Home

As of August 2023

This prime 4-unit building is rare, with four 2-bedroom, 1-bathroom apartments on a 4,800 sq ft lot. The current owners took pride in ownership. Some systems are updated and easily understood. Let's talk about location, location, location! Just steps away from landmarks and attractions like the Baldwin Hills Crenshaw Plaza shopping and dining, Watts Towers, Exposition Park, The Forum, Los Angeles Memorial Coliseum, and USC. Plus, they have a wide range of delicious cuisine, from mouth-watering Mexican to soul food and tasty Korean cuisine. Plenty of places to relax and unwind, with parks like Ted Watkins Memorial Park, Will Rogers Memorial Park, and South Park just a stone's throw away. Off-street tenant parking and easy access to all the fun and excitement South Los Angeles offers. This one won't last long.

Last Agent to Sell the Property

Glenn Shelhamer

The Shelhamer Real Estate Group License #01950995 Listed on: 06/01/2023

Co-Listed By

Kelsea Smith

Real Broker License #02113548

Last Buyer's Agent

Michael Vizcarra

Rodeo Realty License #01991633

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,961

Year Built

  • Built in 1960

Lot Details

  • 4,803 Sq Ft Lot

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6050-022-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,961

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3140
  • Lot Acreage: 0.1103
  • Year Built: 1960
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 314.97

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Combination

Lot Info

  • Assessor Parcel Number: 6050-022-004
  • Lot Size Area: 4803

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 1.00
  • Number Of Units: 4
  • Total Annual Expense: 1
  • Type Of Units: Units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2025
Sold by
Muhammad Sami Raza Family Revocable Livi and Raza Muhammad Sami
Bought by
Raza Muhammad Sami
Current Estimated Value
$1,015,617

Purchase Details

Closed on
Oct 30, 2024
Sold by
Raza Muhammad Sami
Bought by
Muhammad Sami Raza Family Revocable Living Tr and Raza

Purchase Details

Closed on
May 18, 2021
Sold by
John Wesley Grigsby Jr Revocable Living and Grigsby John Wesley
Bought by
Grigsby Jonathan

Purchase Details

Closed on
Oct 17, 2017
Sold by
Grigsby John Wesley
Bought by
Grigsby John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2016
Sold by
Grigsby John Wesley
Bought by
Grigsby John Wesley and The John Wesley Grigsby Jr Revocable Liv

Purchase Details

Closed on
Feb 24, 1999
Sold by
Grigsby John W
Bought by
Grigsby John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.76%

Purchase Details

Closed on
Jan 20, 1995
Sold by
Grigsby Gale A
Bought by
Grigsby John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.86%

Purchase Details

Closed on
Jan 13, 1995
Sold by
Leonard William A and Leonard Sally A
Bought by
Grigsby John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.86%

Purchase Details

Closed on
Mar 29, 1994
Sold by
Leonard William A
Bought by
Leonard William A
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Raza Muhammad Sami -- Accommodation/Courtesy Recordi
Muhammad Sami Raza Family Revocable Living Tr -- --
Grigsby Jonathan -- Davis Colette T
Grigsby John W -- Provident Title Company
Grigsby John Wesley -- None Available
Grigsby John W -- American Title Co
Grigsby John W -- Commonwealth Land Title Co
Grigsby John W $185,000 Commonwealth Land Title Co
Leonard William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grigsby John W $390,000
Previous Owner Grigsby John W $162,000
Previous Owner Grigsby John W $148,000
Closed Grigsby John W $18,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $999,000 +1.0% $318 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $989,000 -- $315 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $12,961 $1,018,980 $612,000 $406,980
2024 $12,961 $999,000 $600,000 $399,000
2023 $10,299 $777,869 $367,911 $409,958
2022 $4,367 $292,789 $142,437 $150,352
2021 $4,297 $287,049 $139,645 $147,404
2020 $4,328 $284,107 $138,214 $145,893
2019 $4,178 $278,537 $135,504 $143,033
2018 $4,074 $273,077 $132,848 $140,229
2016 $3,862 $262,476 $127,691 $134,785
2015 $3,803 $258,534 $125,773 $132,761
2014 $3,828 $253,471 $123,310 $130,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-276405

The MLS

APN: 6050-022-004