$749,999
$50K PRICE DROP

Estimated payment $4,496/month

Total Views 3,388
4 Beds
4 Baths
1,907 Sq Ft
$393 Price per Sq Ft

Highlights

  • Shed
  • Auto Driveway Gate
  • 1-Story Property
  • West Facing Home

About This Home

Fantastic Investment Opportunity, Passive Income Potential! Well-maintained and competitively priced four-unit property in a rapidly growing community of Los Angeles. Conveniently located just minutes from Freedom Plaza on Alameda and down the street from the Metro Blue Line on Firestone Avenue. Ideal for investors seeking long-term growth and value. Perfect for cash buyers or savvy investors looking to maximize returns. This is a fantastic opportunity to own a well-located and versatile property in the heart of Los Angeles, close to local shops, dining, and transit.

Listing Agent

Geovanny Juarez

Premier Properties License #02033059 Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,016

Year Built

  • Built in 1930

Lot Details

  • 4,990 Sq Ft Lot
  • West Facing Home

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,907 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Auto Driveway Gate
  • Driveway
  • On-Street Parking

Additional Features

  • Shed
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 6048-025-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,016

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Fantastic investment opportunity with passive income potential! Well-maintained and competitively priced four-unit property in a rapidly growing community of Los Angeles. Conveniently located just minutes from Freedom Plaza on Alameda and down the street from the Metro Blue Line on Firestone Avenue. Ideal for investors seeking long-term growth and value. These units are listed specifically at a price point to help ensure that you, as the new owner, have an affordable mortgage payment.
  • Alley: Yes
  • Living Area: 1907
  • Lot Acreage: 0.1145
  • Probate: No
  • Stories: 1
  • Year Built: 1930
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 393.29

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: Shed(s)
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, On street, Driveway Gate

Utilities

  • Heating: Wall
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 53.33
  • Assessed Improvement Value: 227563
  • Assessed Land Percent: 46.67
  • Assessed Land Value: 199117
  • Total Assessed Value: 426680
  • Assessor Parcel Number: 6048-025-005
  • Lot Location: Alley Access
  • Lot Size Area: 4990

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 1.00
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Attached
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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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

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 $6,016 $435,213 $203,099 $232,114
2024 $6,016 $426,680 $199,117 $227,563
2023 $5,907 $418,314 $195,213 $223,101
2022 $5,657 $410,113 $191,386 $218,727
2021 $5,580 $402,073 $187,634 $214,439
2019 $5,421 $390,150 $182,070 $208,080
2018 $5,313 $382,500 $178,500 $204,000
2016 $3,744 $256,915 $134,574 $122,341
2015 $3,687 $253,057 $132,553 $120,504
2014 $3,711 $248,101 $129,957 $118,144
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $749,999 -3.2% $393 / Sq Ft
07/21/2025 07/21/25 For Sale $774,998 0.0% $406 / Sq Ft
07/17/2025 07/17/25 Off Market $774,998 -- --
05/12/2025 05/12/25 Price Changed $774,998 0.0% $406 / Sq Ft
04/21/2025 04/21/25 Price Changed $774,999 -3.1% $406 / Sq Ft
04/18/2025 04/18/25 For Sale $799,999 +113.3% $420 / Sq Ft
10/21/2016 10/21/16 Sold $375,000 -7.5% $197 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $405,500 -- $213 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title 365
Grant Deed $375,000 Title 365
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Gateway Title
Quit Claim Deed -- --
Quit Claim Deed -- --
Grant Deed $210,000 Lawyers Title Company
Grant Deed $139,000 Fidelity National Title Co
Trustee Deed $155,320 Benefit Land Title Ins Co
Gift Deed -- --
Trustee Deed $48,484 Benefit Land Title Ins Co
Gift Deed -- --
Grant Deed $190,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 New Conventional
Closed $140,000 Commercial
Closed $371,250 New Conventional
Closed $375,000 Commercial
Closed $375,000 Commercial
Previous Owner $234,000 Unknown
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $168,000 No Value Available
Previous Owner $85,000 Unknown
Previous Owner $125,100 No Value Available
Previous Owner $181,600 Seller Take Back
Closed $32,000 No Value Available
Closed $42,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25528071

The MLS

APN: 6048-025-005