$829,000
$271K PRICE DROP

Estimated payment $5,684/month

Total Views 17,656
6 Beds
3 Baths
2,498 Sq Ft
$332 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • 5-minute walk to Expo/Western
  • Laundry Room
  • Corner Lot
  • No HOA
  • Accessible Parking

About This Home

CALLING ALL INVESTORS! This is an opportunity to own this beautiful well-kept triplex home centrally located in Los Angeles. It has a stand alone 2 bedroom 1 bath unit and 2 additional 2 bedroom, 1 bathroom units in a prime location! Each unit includes its own laundry area. Tenants pay their own electricity and gas. Owner pays for water. Home is located minutes away from USC and the Los Angeles Memorial Coliseum. Broker is pleased to offer for sale this over 6,300 SF lot Student Housing Development opportunity located in the desirable DPS Patrol Zone, and about a mile from University of Southern California (USC). The triplex is tenant occupied. The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - It provides easy access to all of USC's landmarks, academic buildings, and entertainment options. This is a probate sale that requires Court approval.

Listing Agent

Krystal Cain

Pacific Sunrise Investments Brokerage Phone: 818-430-3348 License #01148905 Listed on: 01/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,272

Year Built

  • Built in 1909

Lot Details

  • 6,363 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 2,498 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Accessible Parking

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 222
  • Assessor Parcel Number 5041033001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $1,150
  • Water Sewer Expense $500
  • Operating Expense $2,250
  • Gross Income $3,904
  • Net Operating Income $3,554

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,272

Year Built

Built in 1909

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Price Per Unit: 276333
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 500.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5041033001
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front door
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 331.87
  • Room Type: Main Floor Bedroom, Primary Bathroom

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Parking Space
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 6363.00
  • Lot Size Acres: 0.1461

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 3904.00
  • Gross Scheduled Income: 3904.00
  • Insurance Expense: 1150.00
  • Lot Size Area: 6363.0000 Square Feet
  • Net Operating Income: 3554.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 350.00
  • Rent Control: Yes
  • Total Expenses: 2250.00

Tax Info

  • Tax Census Tract: 2225.00
  • Tax Lot: 18
  • Tax Tract Number: 222...

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 $13,272 $1,071,000 $765,000 $306,000
2023 $2,459 $169,446 $64,427 $105,019
2022 $2,361 $166,124 $63,164 $102,960
2021 $2,317 $162,868 $61,926 $100,942
2020 $2,334 $161,199 $61,292 $99,907
2019 $2,256 $158,040 $60,091 $97,949
2018 $2,199 $154,942 $58,913 $96,029
2016 $2,083 $148,927 $56,626 $92,301
2015 $2,057 $146,691 $55,776 $90,915
2014 $2,086 $143,819 $54,684 $89,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2025 03/09/25 Price Changed $829,000 -2.5% $332 / Sq Ft
11/11/2024 11/11/24 Price Changed $850,000 -5.5% $340 / Sq Ft
08/16/2024 08/16/24 Price Changed $899,900 -10.0% $360 / Sq Ft
06/14/2024 06/14/24 Price Changed $999,899 0.0% $400 / Sq Ft
02/20/2024 02/20/24 Price Changed $999,999 -9.1% $400 / Sq Ft
01/11/2024 01/11/24 For Sale $1,100,000 -- $440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24006412

California Regional Multiple Listing Service (CRMLS)

APN: 5041-033-001