$1,997,000

Estimated payment $12,144/month

Total Views 2,791
9 Beds
5 Baths
4,574 Sq Ft
$437 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Ceiling Fan
  • Fireplace in Kitchen
  • Balcony
  • West Facing Home

About This Home

Timeless Architectural 5-Unit Gem in Historic Jefferson Park that can be Delivered Vacant. The property has 8 unique APNs with endless opportunities for business development. An exceptional opportunity to own a rare architectural property in the heart of Jefferson Park, one of Los Angeles' most vibrant and historic neighborhoods. This well-maintained five-unit property is a perfect investment or owner-user opportunity, offering immediate income potential with all units delivered vacant at the close of escrow. The main two-level building features four spacious units, consisting of three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath units. Complementing these is a fully permitted, detached 2-bedroom, 1-bath accessory dwelling unit (ADU) built in 2023, adding modern convenience to this classic property. Each unit boasts spacious layouts with separate dining areas, bright and inviting living rooms, and expansive kitchens designed for comfortable living. Large windows allow for an abundance of natural light, enhancing the home's warmth and character. A unique and highly desirable feature of this property is that each unit includes two separate entrances and exits, adding flexibility and privacy. Sitting on an expansive 7,500-square-foot corner lot, the property offers stunning curb appeal with fresh landscaping. 2 separate driveways, one off Adams Boulevard and another off 7th Avenue provide ample parking. The secluded private yard is designed as a common lounge and grilling area, creating an inviting space for residents to relax, entertain, and enjoy the best of indoor-outdoor living. located near popular coffee shops, restaurants, and public transportation, this property is an ideal blend of charm, convenience, and investment potential. A rare offering in a prime location, this Jefferson Park treasure is ready for its next owner to bring new vision and opportunity. Contact us today to schedule a private tour.

Listing Agent

Obie Nwabuzor

Pacific Playa Realty License #02020522 Listed on: 03/13/2025

Pacific Playa Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,552

Lot Details

  • 7,502 Sq Ft Lot
  • West Facing Home

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,574 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laundry in unit

Kitchen

  • Oven or Range
  • Fireplace in Kitchen

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Driveway
  • On-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-001-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,552

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Colonial
  • Levels: One, Two
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 4574
  • Lot Acreage: 0.1722
  • Probate: No
  • Number Of Photos: 68
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Range: 5
  • Number Refrigerator: 5
  • Fireplace Rooms: Dining, Kitchen, Living Room
  • Flooring: Mixed, Hardwood, Laminate
  • Bedrooms: 9
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 436.60

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Other Structures: Accessory Bldgs

Garage/Parking

  • Other Spaces: 7
  • Parking Garage: Driveway, On street
  • Total Parking: 7

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 33.66
  • Assessed Improvement Value: 499392
  • Assessed Land Percent: 66.34
  • Assessed Land Value: 984218
  • Total Assessed Value: 1483610
  • Assessor Parcel Number: 5051-001-008
  • Lot Size Area: 7502

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 5
  • Total Annual Expense: 0
  • Type Of Units: units
  • Vacancy Rate: 100

Map

Range of Values:

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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 $18,552 $1,483,610 $984,218 $499,392
2023 $18,202 $1,454,520 $964,920 $489,600
2022 $17,374 $1,426,000 $946,000 $480,000
2021 $11,002 $874,913 $612,440 $262,473
2020 $11,108 $865,943 $606,161 $259,782
2019 $10,685 $848,965 $594,276 $254,689
2018 $10,532 $832,320 $582,624 $249,696
2016 $10,052 $800,000 $560,000 $240,000
2015 $7,550 $590,000 $413,000 $177,000
2014 $6,644 $500,000 $350,000 $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 For Sale $1,997,000 +40.0% $437 / Sq Ft
07/19/2021 07/19/21 Sold $1,426,000 +1.9% $358 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,399,000 +74.9% $351 / Sq Ft
07/31/2015 07/31/15 Sold $800,000 +2.7% $201 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $779,000 -- $195 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- Progressive Title Company
Grant Deed $1,426,000 Progressive Title Company
Grant Deed $800,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $685,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,400,171 New Conventional
Previous Owner $479,500 Fannie Mae Freddie Mac
Source: Public Records

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Source: The MLS

MLS Number: 25507903

The MLS

APN: 5051-001-008