$1,170,000
$60K PRICE DROP

Estimated payment $6,487/month

Total Views 18,160
8 Beds
5 Baths
3,992 Sq Ft
$293 Price per Sq Ft

Highlights

  • Home fronts a pond
  • Traditional Architecture
  • Cooling Available
  • Gated Community
  • No HOA
  • Living Room

About This Home

Located 2.5 Miles from USC's Campus & USC Village -Close Proximity to Banc of California Stadium, LA Memorial Coliseum, Proposed Lucas Museum of Narrative Arts, & the Upcoming Renovated Crenshaw Plaza Mall -Gated Building with Security Camera System -Some Units Contain Private Balconies -Convenient Access to Expo Line & Freeways - Immediate Transit to Employment Hubs of Los Angeles & Downtown. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. The property may have video/surveillance devices.

Listing Agent

Sun Young Park

Stanfles Realty Brokerage Phone: 714-743-0325 License #02245577 Listed on: 04/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 5,007 Sq Ft Lot
  • Home fronts a pond
  • 1 Common Wall
  • Northeast Facing Home
  • Wrought Iron Fence
  • Paved or Partially Paved Lot
  • Density is 2-5 Units/Acre

Home Design

  • Traditional Architecture
  • Apartment
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,992 Sq Ft Home
  • 2-Story Property
  • Brick Wall or Ceiling
  • Awning
  • Insulated Windows
  • Panel Doors
  • Living Room
  • Carpet

Kitchen

  • Gas and Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Parking Available

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Baseboard Heating

Additional Features

  • Accessible Parking
  • Outdoor Storage

Listing and Financial Details

  • Legal Lot and Block 2 / 3
  • Tax Tract Number 123
  • Assessor Parcel Number 5052017001
  • $933 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Recreation

  • Bike Trail

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $250
  • Operating Expense $11,888
  • Gross Income $81,888
  • Net Operating Income $70,000

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,318

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.43
  • Other Phone Description: 7147430325
  • Other Phone Number: 7147430325
  • Price Per Unit: 234000
  • Property Attached: Yes
  • Road Frontage Type: Access Road
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: BOULEVARD TRACT
  • View: No
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5052017001
  • Year Built: 1960
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Brick Walls, Unfurnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 293.09
  • Room Type: Kitchen, Living Room
  • Window Features: Insulated Windows

Exterior Features

  • Direction Faces: Northeast
  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range
  • Electric: Standard
  • Heating Type: Baseboard
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Paved
  • Lot Size Sq Ft: 5007.00
  • Lot Size Acres: 0.1149

Rental Info

  • Tenant Pays: All Utilities, Gas, Sewer

Multi Family

  • Gross Income: 81888.00
  • Gross Multiplier: 16.30
  • Gross Operating Income: 81888.00
  • Gross Scheduled Income: 81888.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5007.0000 Square Feet
  • Net Operating Income: 70000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Carpet: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Drapes: 5
  • Number With Patio: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 11888.00
  • Rent Control: Yes
  • Total Actual Rent: 81888.00
  • Total Expenses: 11888.00
  • Waterfront Features: Pond

Tax Info

  • Tax Area: 67
  • Tax Block: 3
  • Tax Census Tract: 2214.01
  • Taxes Percent: 1.20
  • Tax Lot: 2
  • Tax Rate: 0.12
  • Tax Tract: 32546
  • Tax Tract Number: 123
  • Tax Annual Amount: 3318.00
  • Tax Year: 2024
  • TaxOtherAnnualAssessmentAmount: 933.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $1,170,000 -4.9% $293 / Sq Ft
04/15/2025 04/15/25 For Sale $1,230,000 -- $308 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Similar Homes in Los Angeles, CA

  • 936 S Lucerne Blvd, Los Angeles, CA 90019

    $1,200,000

    • 2 Beds
    • 2 Baths
    • 1,876 Sq Ft
    • 936 S Lucerne Blvd
    • Los Angeles, CA

    SELLER IS FIRM ON PRICE: Located in the desirable Windsor Village/Hancock Park neighborhood which is renowned for its rich history and architectural charm, making this prime location! ~This Spanish-Style Duplex on a beautiful Tree-Lined Street, offers a fantastic opportunity for owner-users and investors alike ~ Zoned R2-HPOZ ~The property features two side-by-side identical units, each with 1-

    Linda Roth Burrell Keller Williams Larchmont

    Section Image
  • 1221 Browning Blvd, Los Angeles, CA 90037

    $999,000

    • 2 Beds
    • 1 Bath
    • 1,806 Sq Ft
    • 1221 Browning Blvd
    • Los Angeles, CA

    Unlock the potential of this expansive 7,812 sq. ft. lot, perfectly positioned in a coveted Qualified Opportunity Zone. With RTI (Ready to Issue) permits in hand for a 6-unit building (5 units + 1 attached ADU), 5 - 3 bed, 3.5 bath units and 1 - 3 bed, 3 bath unit, this is a dream project for investors and developers alike. Zoned LARD1.5, this property offers exceptional flexibility and density

    Sebastian Stofenmacher Edgestone Real Estate, Inc.

    Section Image
  • 1241 S Muirfield Rd, Los Angeles, CA 90019

    $1,100,000

    • 2 Beds
    • 2 Baths
    • 1,595 Sq Ft
    • 1241 S Muirfield Rd
    • Los Angeles, CA

    NICE AND SAFE HANCOCK PARK SOUTH NEAR TENNIS COURT PARK DUPLEX , CURRENTLY 2=2+1 (TITLE SHOWS 2=1+1 , BUYER TO CHECK WITH CITY ) ,ARCHITECT ESTIMATED $5,000 TO OBTAIN THE CITY PERMIT AS 2=2+1 WITHIN 30-60 DAYS . THIS WILL INCREASE THE VALUE OF $100,000 , BACK PARKING BUILDING CAN BE CHANGE TO ADU=$500,000 VALUE INCREASE WITH $50,000 (2+1) .

    Edward Kim Edward Kim

    Section Image
  • 1086 West Blvd, Los Angeles, CA 90019

    $1,349,999

    • 2 Beds
    • 2 Baths
    • 1,932 Sq Ft
    • 1086 West Blvd
    • Los Angeles, CA

    Don't miss this opportunity to own a turnkey duplex fully renovated in a sought-after location so act fast! Right in the heart of LA's most vibrant areas with easy access to the city's most iconic and trendy spots with just minutes from Larchmont Village, Melrose, LACMA, La Brea Tar Pits, Culver City, Beverly Hills, The Grove, the Original Farmer's Market, Hollywood, Koreatown, Downtown LA and

    Geribeth Hernandez Keller Williams Studio City

    Section Image
  • 4512 S Vermont Ave, Los Angeles, CA 90037

    $1,000,000

    • 2 Beds
    • 5,252 Sq Ft
    • 4512 S Vermont Ave
    • Los Angeles, CA

    This mix-use property presents a rare RTI (Ready-to-Issue) development opportunity with approved plans and permits to develop a 14 unit all 1B/1B multifamily project, this property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of

    Steven W. Gray eXp Realty of Greater Los Angeles

    Section Image
  • 2531 Hauser Blvd, Los Angeles, CA 90016

    $1,395,000

    • 2 Beds
    • 4 Baths
    • 2,735 Sq Ft
    • 2531 Hauser Blvd
    • Los Angeles, CA

    We are pleased to present a four (4) unit apartment building located at 2531 Hauser Boulevard in Los Angeles, California. The subject property is located in a prime West Adams location, north of W Adams Boulevard and east of N Fairfax Avenue. Located in the thriving West Adams neighborhood, this well positioned multifamily property offers a rare opportunity just steps from the vibrant Culver City

    Jason Tuvia Marcus & Millichap

    Section Image
  • 326 Welcome St, Los Angeles, CA 90026

    $1,299,000

    • 2 Beds
    • 2 Baths
    • 2,160 Sq Ft
    • 326 Welcome St
    • Los Angeles, CA

    Front unit is vacant. Nestled in one of Echo Park's most sought-after pockets, this distinctive 2003-built architectural duplex offers a rare blend of volume, character, and flexibility just steps from the lake and local hotspots. Both units feature soaring 15-foot ceilings and are filled with natural light from oversized windows and skylights. Open-concept layouts create expansive living,

    Steve Sanders Compass

    Section Image
  • 942 N Kingsley Dr, Los Angeles, CA 90029

    $1,280,000

    • 1 Bed
    • 2,622 Sq Ft
    • 942 N Kingsley Dr
    • Los Angeles, CA

    This is a great opportunity to develop on a large lot in East Hollywood on a quiet street. Owner occupied and will be delivered vacant. Do not distrub. The lot is near Melrose Hills, Los Feliz, Silver Lake, Larchmont Village, and Koreatown. Nearby spots such as the Hollywood Walk of Fame, the Observatory, Pantages Theatre, and many great restaurants. Less than a mile away from Vermont/Santa

    Edmond Wu LANDMARK LENDING REALTY

    Section Image
  • 842 N Las Palmas Ave, Los Angeles, CA 90038

    $1,375,000

    • 2 Beds
    • 2 Baths
    • 1,808 Sq Ft
    • 842 N Las Palmas Ave
    • Los Angeles, CA

    LOCALS & INVESTORS WELCOME! Desirable Location: Duplex locating between Santa Monica and Melrose. 10 Mins from The Grove! Convenient and close to multiple entertainments. **One Unit’s Landlord Occupied & One Unit’s Tenant Occupy. Perfect opportunity for Residing AND Investing, or BOTH** Classic Bungalow architecture with coveted FRONT porch and all around fenced lines. Gorgeous Tree-Line

    Jade Chu VIRCHU FINANCIAL & INV.

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25082812

California Regional Multiple Listing Service (CRMLS)