3877 Denker Ave Los Angeles, CA 90062
Exposition Park NeighborhoodEstimated payment $7,017/month
Total Views
6,649
9
Beds
6
Baths
3,770
Sq Ft
$312
Price per Sq Ft
Highlights
- Property is near public transit
- No HOA
- Laundry Room
About This Home
DREAM VALUE ADD INVESTMENT OPPORTUNITY ADJACENT TO USC This stunning fourplex offers 3,770 sq. ft of living area. All units are currently occupied generating over $8,000 a month with room to increase market rents. The four plex offers a desirable mix floor plan of (2) 3BR/2BA, (1) 2BR/1BA & (1) 1BR/1BA. This mix allows for a wide selection of tenants to choose from. With a one of the highest cap rates in the area at 6.8% (with room to approve up to 8.5%^) this multifamily is a no brainer for first time investors or seasoned. This building is being sold AS-IS with long term tenants all ready in place. All units have their own separate gas meters. The property sits on 5,466 SQFT lot and includes 8 parking spots that could be converted to hold additional units. This property as well qualifies for a $50,000 grant from Citiy national bank. Call for more information
Seller is motivated to sell bring all offers.
Listing Agent
Revel Real Estate Brokerage Phone: 818-584-1536 License #02182478 Listed on: 05/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,336
Year Built
- Built in 1912
Lot Details
- 5,466 Sq Ft Lot
- No Common Walls
- Value in Land
Home Design
- Quadruplex
Interior Spaces
- 3,770 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Parking
- Parking Available
- Paved Parking
- On-Site Parking
- Parking Lot
Additional Features
- Property is near public transit
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 27
- Tax Tract Number 1
- Assessor Parcel Number 5036012027
- $458 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $200
- Insurance Expense $216
- Trash Expense $250
- Water Sewer Expense $200
- Operating Expense $17,700
- Gross Income $97,584
- Net Operating Income $79,884
Map
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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 | $6,336 | $480,722 | $360,544 | $120,178 |
| 2023 | $6,226 | $471,297 | $353,475 | $117,822 |
| 2022 | $5,955 | $462,057 | $346,545 | $115,512 |
| 2021 | $5,862 | $452,998 | $339,750 | $113,248 |
| 2019 | $5,696 | $439,564 | $329,674 | $109,890 |
| 2018 | $5,568 | $430,946 | $323,210 | $107,736 |
| 2016 | $5,294 | $414,213 | $310,660 | $103,553 |
| 2015 | $5,221 | $407,992 | $305,994 | $101,998 |
| 2014 | -- | $400,000 | $300,000 | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Price Changed | $1,175,000 | -2.1% | $312 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $1,200,000 | +200.0% | $318 / Sq Ft |
| 10/01/2013 10/01/13 | Sold | $400,000 | -2.2% | $106 / Sq Ft |
| 09/12/2013 09/12/13 | Pending | -- | -- | -- |
| 08/30/2013 08/30/13 | For Sale | $409,000 | +43.5% | $108 / Sq Ft |
| 02/15/2013 02/15/13 | Sold | $285,000 | -12.3% | $76 / Sq Ft |
| 02/13/2013 02/13/13 | Pending | -- | -- | -- |
| 12/12/2012 12/12/12 | For Sale | $325,000 | 0.0% | $86 / Sq Ft |
| 11/12/2012 11/12/12 | Sold | $325,000 | 0.0% | $86 / Sq Ft |
| 09/12/2012 09/12/12 | Pending | -- | -- | -- |
| 08/14/2012 08/14/12 | For Sale | $325,000 | -- | $86 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $400,000 | None Available | |
| Quit Claim Deed | $285,000 | Title 365 | |
| Interfamily Deed Transfer | -- | Title365 Company | |
| Grant Deed | $2,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Corporate Deed | $195,000 | Orange Coast Title Company | |
| Grant Deed | $158,000 | Orange Coast Title | |
| Trustee Deed | $158,674 | First American Title Co | |
| Grant Deed | $125,000 | Fidelity National Title Co | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $742,700 | New Conventional | |
| Closed | $717,000 | New Conventional | |
| Closed | $696,500 | New Conventional | |
| Closed | $10,000 | Commercial | |
| Closed | $655,000 | New Conventional | |
| Closed | $468,000 | New Conventional | |
| Closed | $25,000 | Unknown | |
| Previous Owner | $156,000 | Seller Take Back | |
| Previous Owner | $221,000 | Unknown | |
| Previous Owner | $156,000 | No Value Available | |
| Previous Owner | $17,700 | Unknown | |
| Previous Owner | $156,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25117532
APN: 5036-012-027
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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