$749,000
$50K PRICE DROP

Estimated payment $4,204/month

Total Views 6,359
8 Beds
4 Baths
3,380 Sq Ft
$222 Price per Sq Ft

About This Home

Attention savvy investors! Looking for cash please. This 8-bedroom, 4-bath quadplex sits on a spacious 5,990 sq. ft. lot, ideally located just minutes from Vibrant Downtown Los Angeles and USC.
Ample parking is available with spaces in front, rear, and plenty of off-street options — a rare find in the area.

Currently under the REAP program, each unit generates an estimated $525/month, with one unit coming vacant — offering immediate upside potential.
The property is being sold as-is, presenting a fantastic opportunity for the right investor to reposition the asset, add value, and significantly increase rental income.

With strong demand for student and workforce housing in the area, this is the perfect value-add project to maximize returns and build long-term equity. Also has tons of potential to add ADU and JR ADU into the lot. Be sure to check with the city for requirements and approvals.
Don’t miss out — opportunities like this in prime LA locations are rare!

Listing Agent

Adrian Cafuentes

PAK Home Realty Brokerage Phone: 562-355-2571 License #01801444 Listed on: 04/28/2025

PAK Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1964

Lot Details

  • 5,992 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,380 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Legal Lot and Block 31 / 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5119002007
  • $561 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,470

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Price Per Unit: 187250
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5119002007
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Side
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Price Per Square Foot: 221.60

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5992.00
  • Lot Size Acres: 0.1376

Multi Family

  • Lot Size Area: 5992.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2270.10
  • Tax Lot: 31
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 561.00

Map

Range of Values:

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Average Value
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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 $1,470 $77,329 $13,905 $63,424
2024 $1,470 $75,814 $13,633 $62,181
2023 $9,900 $778,629 $446,206 $332,423
2022 $9,450 $763,362 $437,457 $325,905
2021 $1,367 $71,444 $12,848 $58,596
2019 $1,337 $69,327 $12,468 $56,859
2018 $1,216 $67,969 $12,224 $55,745
2016 $1,127 $65,331 $11,750 $53,581
2015 $1,116 $64,351 $11,574 $52,777
2014 $1,147 $63,092 $11,348 $51,744
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $749,000 -3.4% $222 / Sq Ft
05/31/2025 05/31/25 Price Changed $775,000 -3.0% $229 / Sq Ft
04/28/2025 04/28/25 For Sale $799,000 -- $236 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25093281

California Regional Multiple Listing Service (CRMLS)

APN: 5119-002-007