$785,000
SOLD APR 23, 2025
7 Beds
4 Baths
2,838 Sq Ft
6,652 Sq Ft Lot

Recently Sold

$277 Per Sq Ft

1% Above List Price

140 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Rectangular Lot

About This Home

As of April 2025

This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial.The front unit features 4 bedrooms and 2 bathrooms, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces—3 carports and 2 separate garage spaces. There are two main entrances: one on the right, leading to the back unit, and one on the left, for the front unit. The two units are detached and do not share a wall, offering residents peace and privacy.A shared laundry room is conveniently located upstairs, next to the back unit, and easily accessible for both units. Each unit has the potential to be rented for $3,000 or more, making this property ideal for investors targeting one of Los Angeles' last affordable neighborhoods.This property is perfect for investors, whether you’re looking to make your first real estate investment or expand your portfolio. It’s also ideal for house hacking or implementing the BRRRR (Buy, Renovate, Refinance, Rent) strategy. The property is eligible for FHA financing due to its size.Upon entering, you’ll find a large front yard and a smaller yet spacious back yard. The front unit has two entrances—one at the front and another near the back of the house. There’s also potential to convert one of the carports into an additional bonus room, further increasing the property's value.This property can be delivered vacant, though it is currently tenant-occupied. Agents will assist with tenant relocation, making this an excellent opportunity for investors looking to renovate and revitalize the property.Don’t miss out on this incredible investment opportunity.

Last Agent to Sell the Property

Yefree Montoya

Las Casas Realty, Inc. Brokerage Phone: 818-808-3966 License #02043895 Listed on: 09/11/2024

Last Buyer's Agent

Ivette Bertin

Luxury Collective License #01360152

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1950

Lot Details

  • 6,652 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • 3 Carport Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,838 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 137
  • Assessor Parcel Number 6048026047
  • $904 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Adan Garrido
  • Other Phone Number: 323-798-6364
  • Price Per Unit: 260000
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6048026047
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 276.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6652.00
  • Lot Size Acres: 0.1527

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Lot Size Area: 6652.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 3230.00

Tax Info

  • Tax Census Tract: 2422.02
  • Tax Lot: 137
  • TaxOtherAnnualAssessmentAmount: 904.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Apr 15, 2025
Sold by
Coronel Freddy and Coronel Carmen
Bought by
Maldonado Lopez Bulmaro
Seller's Agent
Yefree Montoya
Las Casas Realty, Inc.
Buyer's Agent
Ivette Bertin
Luxury Collective
List Price
$780,000
Sold Price
$785,000
Premium/Discount to List
$5,000
0.64%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.57%
Original Mortgage
$770,781
Outstanding Balance
$770,781
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$9,539

Purchase Details

Closed on
Mar 19, 2007
Sold by
Coronel Freddy
Bought by
Coronel Freddy and Coronel Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2004
Sold by
Coronel Carmen
Bought by
Coronel Freddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Enterprise Home Ownership Partners
Bought by
Coronel Freddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
City Of Los Angeles
Bought by
Enterprise Home Ownership Partners

Purchase Details

Closed on
Jul 25, 2002
Sold by
Hud
Bought by
City Of Los Angeles

Purchase Details

Closed on
Jan 21, 2000
Sold by
Norwest Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Aug 7, 1998
Sold by
Mitchell Dodd M
Bought by
Norwest Mtg Inc
Source: Public Records

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Range of Values:

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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 $785,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- United Title Company-La
Grant Deed $280,000 United Title Company La
Grant Deed $500 United Title Company
Grant Deed -- First Southwestern Title Co
Grant Deed -- Fidelity National Title Ins
Trustee Deed $98,370 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $770,781 FHA
Previous Owner $417,000 Unknown
Previous Owner $360,000 Unknown
Previous Owner $252,000 Purchase Money Mortgage
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $1,000,000 +27.4% $352 / Sq Ft
04/23/2025 04/23/25 Sold $785,000 +0.6% $277 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
09/11/2024 09/11/24 For Sale $780,000 -- $275 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $5,500 $382,621 $273,305 $109,316
2023 $5,403 $375,120 $267,947 $107,173
2022 $5,177 $367,766 $262,694 $105,072
2021 $5,102 $360,556 $257,544 $103,012
2020 $5,143 $356,860 $254,904 $101,956
2019 $4,959 $349,863 $249,906 $99,957
2018 $4,803 $343,004 $245,006 $97,998
2016 $4,566 $329,687 $235,493 $94,194
2015 $4,499 $324,736 $231,956 $92,780
2014 $4,522 $318,376 $227,413 $90,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24183696

California Regional Multiple Listing Service (CRMLS)

APN: 6048-026-047