$875,000
SOLD AUG 3, 2025
6 Beds
4 Baths
2,340 Sq Ft
2,749 Sq Ft Lot

Recently Sold

$374 Per Sq Ft

3% Above List Price

Highlights

  • Contemporary Architecture
  • Laundry closet
  • West Facing Home
  • Porch
  • Gated Home
  • 2-minute walk to Wall Street Park

About This Home

As of August 2025

Rare duplex opportunity, with one vacant unit, substantial rental income, and no rent control.* The bottom unit will be delivered vacant, which is rare. Vacating a unit in LA can be nearly impossible, due to rent control laws and just-cause evictions. The potential monthly rent for the bottom unit is about $3,600. The upstairs unit will be delivered tenant-occupied with an approximate rent of $3,361. Total potential monthly rent for both units: $6,961. Rent exceeds mortgage payment by almost $2K, with 25% down.* The Gross Rent Multiplier is 10.2, significantly lower than the area average of about 16 (lower means more money). Both units have in-unit washer & dryer hookups and parking for two cars each. The bottom unit (in pictures) was partially remodeled, with brand-new floors, vanities, paint, lighting, and more. The top unit's finishes remain standard, not remodeled. Maintenance is low due to limited common area, good unit separation, newer construction, and newer building codes with safer materials. There are separate electrical and gas meters. Each unit has two parking spots, tandem. Duplex next door, 8624 Main St. "may" also be available for sale (off-market). Same owner as subject property. Buy both for a complete fourplex. *Prospective buyers are advised to verify all information, including financing terms and the non-rent control (RSO) status of the property. The property is sold as-is. Some photos are virtually staged.

Last Agent to Sell the Property

Joel Daniel Rangel

Coldwell Banker Realty License #01827663 Listed on: 07/14/2025

Coldwell Banker Realty

Last Buyer's Agent

SERGIO ALVARADO

COMPASS License #02095620

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 2,751 Sq Ft Lot
  • West Facing Home
  • Gated Home

Home Design

  • Duplex
  • Contemporary Architecture
  • Split Level Home
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Dining Area

Kitchen

  • Oven or Range
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, trash collection, electricity
  • Assessor Parcel Number 6041-001-026

Property Details

Home Type

Multi-Family

Year Built

Built in 2004 | Remodeled

Lot Details

2,751 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary Mediterranean
  • Levels: Two, Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Location: Main Level
  • Living Area: 2340
  • Lot Acreage: 0.0631
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2004
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drywall Walls
  • Appliances: Gas, Range
  • Bedrooms: 6
  • Bedroom Features: Primary Bedroom
  • Kitchen Features: Remodeled
  • Laundry: In Closet
  • Total Bathrooms: 4.00
  • Equipment: Dryer, Washer, Range/Oven
  • Price Per S Q F T: 363.25

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Porch
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

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

Lot Info

  • Assessed Improvement Percent: 61.29
  • Assessed Improvement Value: 228342
  • Assessed Land Percent: 38.71
  • Assessed Land Value: 144213
  • Total Assessed Value: 372555
  • Assessor Parcel Number: 6041-001-026
  • Lot Location: Alley Access
  • Lot Size Area: 2751

Rental Info

  • Total Actual Rent: 6961.00
  • Land Lease Type: Fee
  • Rent Control: No
  • Tenant Pays: Gas, Trash Collection, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.20
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2025
Closed on
Jun 12, 2025
Sold by
Paz Richard
Bought by
Romo Margarita Patricia Her
Seller's Agent
Joel Daniel Rangel
Coldwell Banker Realty
Buyer's Agent
SERGIO ALVARADO
COMPASS
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Views
25
Current Estimated Value
$899,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,165
Avg. Annual Appreciation
3.90%
Original Mortgage
$859,151
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Listed on
May 21, 2013
Closed on
Jan 2, 2014
Sold by
Federal National Mortgage Association
Bought by
Paz Richard
Seller's Agent
George Gusman
Century 21 Allstars
Buyer's Agent
Marc Stein
Douglas Elliman
List Price
$524,900
Sold Price
$309,900
Premium/Discount to List
-$215,000
-40.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Nov 21, 2012
Sold by
Wattenbarger Michael W and Garabet Olimpia H
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 5, 2007
Sold by
Ta Sandy and The Sandy Ta Living Trust
Bought by
Wattenbarger Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,200
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Ta Sandy
Bought by
Ta Sandy and The Sandy Ta Living Trust

Purchase Details

Closed on
May 4, 2006
Sold by
Tran Phuoc Vinh
Bought by
Ta Sandy

Purchase Details

Closed on
Apr 12, 2006
Sold by
Ta Sandy
Bought by
Tran Phuoc Vinh

Purchase Details

Closed on
Oct 15, 2004
Sold by
Tran Phuoc Vinh
Bought by
Tran Phuoc Vinh

Purchase Details

Closed on
Jul 1, 2004
Sold by
Furbert Reginald
Bought by
Tran Phuoc Vinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $875,000 Equity Title - Los Angeles
Grant Deed $310,000 Lsi Title Company Inc
Trustee Deed $616,097 Landsafe Title
Grant Deed $559,000 Southland Title
Interfamily Deed Transfer -- None Available
Grant Deed -- Fidelity National Title Co
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Grant Deed $350,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $859,151 FHA
Previous Owner $447,200 New Conventional
Previous Owner $280,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2025 08/03/25 Sold $875,000 +2.9% $374 / Sq Ft
07/15/2025 07/15/25 For Sale $850,000 0.0% $363 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $850,000 +174.3% $363 / Sq Ft
01/17/2014 01/17/14 Sold $309,900 -41.0% $132 / Sq Ft View Prior Sale
12/19/2013 12/19/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $524,900 -- $224 / 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 $4,816 $380,005 $147,097 $232,908
2024 $4,816 $372,555 $144,213 $228,342
2023 $4,727 $365,251 $141,386 $223,865
2022 $4,513 $358,090 $138,614 $219,476
2021 $4,448 $351,070 $135,897 $215,173
2019 $4,318 $340,659 $131,867 $208,792
2018 $4,255 $333,981 $129,282 $204,699
2016 $4,047 $321,014 $124,263 $196,751
2015 $4,300 $316,193 $122,397 $193,796
2014 -- $321,452 $120,544 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25515771

The MLS

APN: 6041-001-026

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