$888,000
$37K PRICE DROP

Estimated payment $5,367/month

Total Views 28,282
8 Beds
4 Baths
3,040 Sq Ft
$292 Price per Sq Ft

About This Home

Great investment opportunity duplex in the Los Angeles. The feature is a 2-story building over 3,040 sqft built 2006. Downstair units and upstair unit has 4b2b. both units are occupied by long-term tenants, stable income stream in housing section 8. Just minutes to LA Downtown, shopping centers, transportation, freeway and Metro. Tenants are responsible for all utilities except for water and trash.

Listing Agent

My Hoang Trinh

HDD Realty Inc. Brokerage Email: mytrinh.c21@gmail.com License #01993760 Listed on: 08/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,634

Year Built

  • Built in 2006

Lot Details

  • 3,686 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 341
  • Assessor Parcel Number 6048038029
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $60,600
  • Net Operating Income $59,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,634

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Price Per Unit: 444000
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6048038029
  • Year Built: 2006
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 292.11

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3686.00
  • Lot Size Acres: 0.0846

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 60600.00
  • Gross Scheduled Income: 60600.00
  • Lot Size Area: 3686.0000 Square Feet
  • Net Operating Income: 59100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1500.00
  • Rent Control: No
  • Total Actual Rent: 2.00

Tax Info

  • Tax Lot: 341

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 $7,634 $591,891 $201,242 $390,649
2024 $7,634 $580,287 $197,297 $382,990
2023 $7,492 $568,910 $193,429 $375,481
2022 $7,158 $557,756 $189,637 $368,119
2021 $7,057 $546,820 $185,919 $360,901
2019 $6,851 $530,603 $180,405 $350,198
2018 $6,750 $520,200 $176,868 $343,332
2016 $6,426 $500,000 $170,000 $330,000
2015 $3,575 $261,274 $135,863 $125,411
2014 $3,591 $256,157 $133,202 $122,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $888,000 0.0% $292 / Sq Ft
03/01/2025 03/01/25 Off Market $888,000 -- --
12/13/2024 12/13/24 Price Changed $888,000 -2.2% $292 / Sq Ft
08/23/2024 08/23/24 Price Changed $908,000 -1.8% $299 / Sq Ft
08/06/2024 08/06/24 For Sale $925,000 +85.0% $304 / Sq Ft
11/03/2015 11/03/15 Sold $500,000 +0.2% $164 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $499,000 -- $164 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $500,000 Lawyers Title
Quit Claim Deed -- None Available
Grant Deed -- Chicago Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $200,500 Premium Title Of California
Trustee Deed $246,500 None Available
Grant Deed $599,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 New Conventional
Closed $375,000 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $479,200 Balloon
Previous Owner $367,500 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24161659

California Regional Multiple Listing Service (CRMLS)

APN: 6048-038-029