$1,400,000

Estimated payment $9,282/month

Total Views 800
8 Beds
4 Baths
3,340 Sq Ft
$419 Price per Sq Ft

Highlights

  • Laundry Room
  • No Heating
  • Back Yard
  • Fenced

About This Home

Discover this well-maintained 4-unit apartment building situated in one of Los Angeles' strongest rental markets. Spanning approximately 3,340 sq.ft. Livable Space sitting on just under 7,000 sq ft Lot Size Built in 1945. Significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access. The property offers four 2-bedroom, 1-bath units each around 835 sq.ft. per unit. Centrally located near the Expo Line, minutes from major freeways and Downtown LA. All units are tenant occupied.
Here are some key points on the property:Roof and Gutters: New roof, gutters and downspouts installed in 2020. Electrical: Complete gutting of electrical systems (wires, outlets, lights) with permits in all units, upgraded to current code and new Electrical panel upgraded in 2017.
Water Heating: Two new water heaters installed in 2020, new expansion tanks, and water pressure regulator installed in 2017. Two new water heaters installed in 2025.Sprinkler System: New sprinkler system installed in 2021.
Unit Renovations: Unit 1931 was gutted to the studs and renovated in 2017. New kitchens installed in units 1933 1/2 (2020), 1931 (2020), and 1933 (2024). All units have new laminate flooring in the bedrooms and common areas. Painted throughout exterior in 2024.
Safety Features: Bars protecting gas meters installed in 2020. Security bars added to Unit 1931 with permits in 2021.
Aesthetics and Maintenance: New paint on all iron gates and fences completed in 2024. Concrete parking stoppers 2020.
Entire property received new stucco in 2024, with touch-ups done in 2025.
Pest Control: Entire building tented for termites in 2017.

Listing Agent

Danny Navarro

Century 21 Allstars Brokerage Phone: 949-903-6633 License #01938421 Listed on: 06/30/2025

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,227

Year Built

  • Built in 1945

Lot Details

  • 6,907 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • New Fence
  • Back Yard

Home Design

  • Apartment
  • Shingle Roof

Interior Spaces

  • 3,340 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Location

  • Urban Location

Utilities

  • No Heating
  • No Utilities
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 67
  • Assessor Parcel Number 5042033010
  • $533 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $111,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,227

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 350000
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5042033010
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 419.16

Exterior Features

  • Fence: Yes
  • Fencing: New Condition
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: None
  • Heating: No
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6907.00
  • Lot Size Acres: 0.1586

Multi Family

  • Gross Income: 111552.00
  • Gross Scheduled Income: 111552.00
  • Lot Size Area: 6907.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2220.02
  • Tax Lot: 16
  • Tax Tract Number: 67
  • TaxOtherAnnualAssessmentAmount: 533.00

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
2024 $22,227 $1,799,000 $1,407,200 $391,800
2023 $3,606 $254,288 $60,294 $193,994
2022 $3,453 $249,303 $59,112 $190,191
2021 $3,395 $244,415 $57,953 $186,462
2019 $3,300 $237,168 $56,235 $180,933
2018 $3,180 $232,519 $55,133 $177,386
2017 $3,111 $227,960 $54,052 $173,908
2016 $3,012 $223,492 $52,993 $170,499
2015 $2,967 $220,135 $52,197 $167,938
2014 $2,979 $215,824 $51,175 $164,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $1,400,000 0.0% $419 / Sq Ft
06/30/2025 06/30/25 Off Market $1,400,000 -- --
06/30/2025 06/30/25 For Sale $1,400,000 -- $419 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,799,000 Fidelity National Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Open $1,290,000 New Conventional
Previous Owner $288,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $125,000 Credit Line Revolving
Previous Owner $85,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25146533

California Regional Multiple Listing Service (CRMLS)

APN: 7563-027-022