$1,699,900

Estimated payment $10,623/month

Total Views 937
13 Beds
9 Baths
5,580 Sq Ft
$305 Price per Sq Ft

Highlights

  • Gated Community
  • No HOA
  • Resident Manager or Management On Site
  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

Over $16,100 in monthly rental income!!!! Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past few years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants.

Listing Agent

Cameron Davis

Selling OC Real Estate Brokerage Phone: 949-350-0808 License #01449829 Listed on: 06/19/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,500 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 5,580 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Auto Driveway Gate
  • Driveway Level
  • Assigned Parking

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 598
  • Assessor Parcel Number 4006025023
  • $1,293 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $4,800
  • Gardener Expense $1,440
  • Insurance Expense $4,000
  • Trash Expense $6,100
  • Water Sewer Expense $9,600
  • New Taxes Expense $16,000
  • Operating Expense $131,940
  • Gross Income $191,874
  • Net Operating Income $59,844

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

8,500 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Window Bars, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Resident Manager
  • View: No
  • Water Sewer Expenses: 9600.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 4006025023
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 304.64

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Driveway Level, Driveway
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Gas & Electric Dryer Hookup, Community, Washer Hookup, Common Area, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 6100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Level with Street, Landscaped, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 8500.00
  • Lot Size Acres: 0.1951
  • Latitude Manual: 33.97631200

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 4800.00
  • Gross Income: 191874.00
  • Gross Scheduled Income: 191784.00
  • Insurance Expense: 4000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Lot Size Area: 8500.0000 Square Feet
  • Net Operating Income: 59844.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 131940.00
  • Rent Control: Yes
  • Total Actual Rent: 16162.00
  • Total Expenses: 131940.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 598
  • TaxOtherAnnualAssessmentAmount: 1293.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,143 $1,166,034 $710,274 $455,760
2024 $14,920 $1,143,172 $696,348 $446,824
2023 $14,652 $1,120,758 $682,695 $438,063
2022 $14,010 $1,098,783 $669,309 $429,474
2021 $13,819 $1,077,239 $656,186 $421,053
2020 $13,949 $1,066,634 $649,458 $417,176
2019 $13,428 $1,045,729 $636,724 $409,005
2018 $13,250 $1,025,234 $624,240 $400,994
2016 $12,604 $985,000 $600,000 $385,000
2015 $10,699 $825,000 $495,000 $330,000
2014 $7,226 $516,891 $153,588 $363,303
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2026 06/19/26 For Sale $1,699,900 +1.8% $305 / Sq Ft
06/11/2025 06/11/25 Sold $1,670,000 -1.5% $299 / Sq Ft View Prior Sale
05/12/2025 05/12/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $1,695,000 -- $304 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,670,000 Commonwealth Land Title Compan
Grant Deed $985,000 Ticor Title
Grant Deed $825,008 Ticor Title Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- North American Title Co
Quit Claim Deed -- North American Title Co
Grant Deed $437,500 North American Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,085,500 New Conventional
Previous Owner $1,550,000 New Conventional
Previous Owner $15,010,814 New Conventional
Previous Owner $1,043,000 Commercial
Previous Owner $738,750 Commercial
Previous Owner $600,000 Commercial
Previous Owner $327,375 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26134385

California Regional Multiple Listing Service (CRMLS)
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