$1,600,000

Estimated payment $10,133/month

12 Beds
7 Baths
6,426 Sq Ft
$249 Price per Sq Ft

Highlights

  • No Units Above
  • Park
  • Central Heating and Cooling System
  • Cul-De-Sac
  • Laundry Room
  • 2-minute walk to Everett Park

About This Home

Exceptional 5-unit investment opportunity in a prime Los Angeles location just minutes from Downtown LA. This versatile property features a spacious front house paired with four additional income-producing units—ideal for both owner-users and investors seeking strong rental potential. The front residence offers approximately 2,500 sq ft of living space, featuring 4 bedrooms, 2.5 bathrooms, plus a den/office—perfect for a home office or multi-generational living. Thoughtfully updated, the home showcases new laminate wood flooring, fresh interior paint, and new window treatments throughout. The expansive layout includes a large formal dining room, an oversized living area, and a beautifully updated kitchen with new quartz countertops, abundant cabinetry, and a charming breakfast area. Additional highlights include central air and heat, in-unit washer and dryer, generous storage space, and a 2-car side-by-side carport. Positioned directly across from Everett Park, the home enjoys stunning views of the Downtown Los Angeles skyline—an increasingly rare feature in this area. The rear portion of the property consists of four well-maintained 2-bedroom, 1-bath units, offering steady rental income and strong tenant appeal. The property’s layout provides a unique opportunity for an owner to live in the front home while offsetting expenses with rental income from the additional units. Located in a highly desirable pocket of Los Angeles with close proximity to Downtown LA, the Arts District, Chinatown, Dodger Stadium, Echo Park, and Union Station, this property offers both convenience and long-term growth potential. A rare chance to own a hybrid residential income property in one of LA’s most dynamic and centrally located neighborhoods.

Listing Agent

Evelyn Keung

eXp Realty of California Inc Brokerage Phone: 213-359-8388 License #01938294 Listed on: 05/17/2026

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 8,696 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Cul-De-Sac
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 5 Open Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Parking Lot
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 6,426 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 28 / 31
  • Assessor Parcel Number 5406015002
  • $1,356 per year additional tax assessments

Community Details

Overview

  • 5 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $5,338
  • Insurance Expense $6,828
  • Maintenance Expense $10,249
  • Other Expense $424
  • Professional Management Expense $7,126
  • Trash Expense $1,800
  • Water Sewer Expense $6,220
  • New Taxes Expense $20,000
  • Operating Expense $58,641
  • Gross Income $142,524
  • Net Operating Income $83,883

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

8,696 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 5.24
  • Professional Management Expense: 7126.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6220.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5406015002
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Below, No One Above
  • Entry Level: 1
  • Price Per Square Foot: 248.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Assigned, On Site, Garage - Single Door, Garage Faces Rear, Parking Space
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 6500-9999, Rectangular Lot, 2-5 Units/Acre
  • Lot Size Sq Ft: 8696.00
  • Lot Size Acres: 0.1996

Multi Family

  • Electric Expense: 5338.00
  • Gross Income: 142524.00
  • Gross Multiplier: 11.23
  • Gross Scheduled Income: 142524.00
  • Insurance Expense: 6828.00
  • Lot Size Area: 8696.0000 Square Feet
  • Maintenance Expense: 10249.00
  • Net Operating Income: 83883.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 58641.00
  • Other Expense: 424.00
  • Rent Control: Yes
  • Total Expenses: 58641.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Block: 31
  • Tax Lot: 28
  • TaxOtherAnnualAssessmentAmount: 1356.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2026 05/17/26 For Sale $1,600,000 -- $249 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS26107503

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.