
1406 Exposition Blvd Los Angeles, CA 90018
Exposition Park NeighborhoodEstimated payment $8,871/month
About This Home
Motivated Seller!!! Excellent opportunity to invest in a multi-family property at 1406 Exposition Blvd. This four-unit building features spacious 3-bedroom, 1-bathroom apartments and is in superb condition. Located just a short distance from the prestigious University of Southern California (USC), this two-story property is situated in an Opportunity Zone. Built in 1963, the complex spans a total of 3,996 square feet on a 6,003-square-foot lot. The property boasts spacious floor plans. Each unit includes individually metered utilities, ensuring efficient utility management. Residents benefit from secure gated entry and dedicated single parking spaces, which are covered and gated for added security. Conveniently positioned minutes from USC and just off the Expo at Western Station, prime access to Downtown and Santa Monica. Making it an ideal location for tenants seeking convenience with public transportation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,177
Year Built
- Built in 1963
Lot Details
- 6,003 Sq Ft Lot
Interior Spaces
- 3,996 Sq Ft Home
- 2-Story Property
- Heated Floors
Parking
- Carport
- 4 Car Parking Spaces
Listing and Financial Details
- Assessor Parcel Number 5036002022
Community Details
Overview
- 4 Units
- Denker Avenue Tract Subdivision
Building Details
- Gross Income $144,000
- Net Operating Income $115,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,177 | $542,396 | $212,980 | $329,416 |
2023 | $7,046 | $531,761 | $208,804 | $322,957 |
2022 | $6,731 | $521,335 | $204,710 | $316,625 |
2021 | $6,624 | $511,114 | $200,697 | $310,417 |
2019 | $6,431 | $495,957 | $194,746 | $301,211 |
2018 | $6,326 | $486,233 | $190,928 | $295,305 |
2016 | $6,015 | $467,354 | $183,515 | $283,839 |
2015 | $5,931 | $460,335 | $180,759 | $279,576 |
2014 | $5,975 | $451,319 | $177,219 | $274,100 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/02/2025 04/02/25 | Price Changed | $1,498,000 | -4.9% | $375 / Sq Ft |
03/04/2025 03/04/25 | Price Changed | $1,575,000 | -4.5% | $394 / Sq Ft |
12/30/2024 12/30/24 | Price Changed | $1,650,000 | -8.3% | $413 / Sq Ft |
11/25/2024 11/25/24 | Price Changed | $1,799,888 | -2.7% | $450 / Sq Ft |
10/24/2024 10/24/24 | For Sale | $1,850,000 | -- | $463 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $250,000 | Fidelity National Title Co L | |
Grant Deed | $382,000 | United Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $80,000 | Unknown | |
Open | $535,000 | Unknown | |
Closed | $435,050 | Unknown | |
Previous Owner | $237,500 | Purchase Money Mortgage | |
Previous Owner | $286,500 | No Value Available | |
Previous Owner | $213,750 | Unknown | |
Closed | $95,500 | No Value Available |
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Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202410993

APN: 5036-002-022
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