$1,280,000

Estimated payment $7,214/month

Total Views 1,212
1 Bed
-- Bath
2,622 Sq Ft
$488 Price per Sq Ft

Highlights

  • Rectangular Lot
  • STEM Academy at Bernstein High Rated A-
  • 5-minute walk to Lemon Grove Recreation Center

About This Home

This is a great opportunity to develop on a large lot in East Hollywood on a quiet street. Owner occupied and will be delivered vacant. Do not distrub. The lot is near Melrose Hills, Los Feliz, Silver Lake, Larchmont Village, and Koreatown. Nearby spots such as the Hollywood Walk of Fame, the Observatory, Pantages Theatre, and many great restaurants. Less than a mile away from Vermont/Santa Monica Metro station. Many options are possible on this 9,035 sq. ft. lot (R3-1XL TOC 2 zoning). Based on zoning by right, there is an option to build 11 units with more units with TOC bonuses or to build up to 8 ADUs as well. Another available option is creating an ED1 project with the possibility of up to 40 units. Also, this great layout for a small lot project to build condos as well since it will clear SB8 to avoid affordable housing requirements for small lot condos. Buyer is responsible for verification of all zoning and building details.

Listing Agent

Edmond Wu

LANDMARK LENDING REALTY Brokerage Phone: 626-246-8680 License #01373930 Listed on: 06/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1940

Lot Details

  • 9,035 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 1 Bedroom
  • 2,622 Sq Ft Home
  • 2-Story Property

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 1
  • Assessor Parcel Number 5537024024
  • $520 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,880

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 320000
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5537024024
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 488.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 9035.00
  • Lot Size Acres: 0.2074

Multi Family

  • Lot Size Area: 9035.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1916.20
  • Tax Lot: 52
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 520.00

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 $2,880 $207,864 $118,887 $88,977
2024 $2,880 $203,789 $116,556 $87,233
2023 $2,832 $199,794 $114,271 $85,523
2022 $2,714 $195,878 $112,031 $83,847
2021 $2,667 $192,038 $109,835 $82,203
2019 $2,595 $186,344 $106,578 $79,766
2018 $2,468 $182,691 $104,489 $78,202
2016 $2,333 $175,599 $100,433 $75,166
2015 $2,302 $172,962 $98,925 $74,037
2014 $2,336 $169,575 $96,988 $72,587
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $1,280,000 -- $488 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25144997

California Regional Multiple Listing Service (CRMLS)

APN: 5537-024-024