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$1,300,000   Price Analysis
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626 W Century Blvd
Los Angeles, CA 90044
5 bed 8 bath 3,576 SqFt ($363/SqFt)
8,611SqFt lot. Built 1951
Listed 2024-06-26, Taxes $6,899
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Prime Investment Property in South Los Angeles - A Golden Opportunity!

* Has Contingent Offer *

Discover 626-630 W Century Blvd., an 8-unit investment gem in the heart of South LA. This property features five studios, a one-bedroom unit, a two-bedroom unit and a two-bedroom single-family home. With a total of 3, 576 square feet of living space, this investment boasts an expansive 8, 611 square-foot lot and 15 assigned parking spots. Situated near major freeways (I-10, I-110, US-101 and I-5) and public trnsportation, this property offers unparalleled accessibility.

Its also in proximity to the upcoming Evermount South LA Project, featuring 180 affordable housing units, a SEED Charter School, a 40, 000 sqft Target, a Transit Plaza, a Metro Training Facility and more. Close to Major Attractions: A short drive takes you to Downtown LA, USC/Exposition Park and Manhattan Beach. Enjoy nearby landmarks like SoFi Stadium, Kia Forum, Exposition Park and LAX. A Neighborhood on the Rise: South LA is experiencing significant urban redevelopment, making this an incredible opportunity for investors. Dont miss out on this prime property with limitless potential. Seize this investment opportunity today!


Presented by Brianna Galvan at
Moon Realty.
Listing Agent Photo

Property MLS #AR24128312 from CRMLS

Bedrooms: 5

Appliances: Gas Oven, Gas Range, Gas Water Heater
Appliances YN: Yes

Full Bathrooms: 8

Heating Features: Natural Gas
Heating: Yes

Flooring: Tile

Additional Parcels Description: 6054019008
Additional Parcels: Yes
Lot Description: 6-10 Units/Acre, Rectangular Lot
Lot Size Acres: 0.1976814
Lot Size Source: Seller
Lot Size Square Feet: 8611

Fencing: Fence YN: Yes, Fencing: Wrought Iron
Other Structures: Guest House, Guest House Detached, Two On A Lot
Road Frontage Type: City Street

Parking Features: Parking YN: Yes, Parking Features: Assigned, On Site, Parking Space, Tandem Uncovered
Parking Total: 15

View: City Lights

Number of Units: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 7
Tenant Pays: Gas, Insurance, Sewer, Trash Collection, Water
Rent Control: Yes

Community Features: Urban

Source Listing Status: Active Under Contract
County: Los Angeles
Other Expense: 747.00
Source Property Type: Residential Income
Insurance Expense: 6805.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 6054019007
Postal Code Plus 4: 4652
Trash Expense: 3723.00
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$360,783 + $156,018
$516,801
$6,899
2021$353,709 + $152,959
$506,668
$6,806
2020$350,083 + $151,391
$501,474
$6,867
2019$343,219 + $148,423
$491,642
$6,623
2018$336,490 + $145,513
$482,003
$6,556
2017$329,893 + $142,660
$472,553
$6,384
2016$323,425 + $139,863
$463,288
$6,226
2015$318,567 + $137,763
$456,330
$6,144
2014$312,327 + $135,065
$447,392
$6,209
2013$310,916 + $134,455
$445,371
$6,194
2012$304,820 + $131,819
$436,639
$6,270
2010$298,844 + $129,235
$428,079
$5,177
2009$297,316 + $128,575
$425,891
$5,851
2009$230,000 + $125,000
$355,000
$5,851
2008$291,487 + $126,054
$417,541
$5,622
2007$285,772 + $123,583
$409,355
$5,444

Listed 2024-06-26
$1,300,000
CRMLS
Listing removed 2019-08-21
$0
CRMLS
Listed 2019-02-20
$1,395,000
CRMLS
Sold 2004-07-21
$405,000
Public Record
Sold 1990-01-25
$350,000
Public Record

Net Operating Income: 48031.00

Total Square Feet Living: 3576
Year Built: 1951
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 2
Entry Location: Ground level with stairs
Foundation Details: Concrete Perimeter
Property Age: 73
Property Attached: Yes
Property Condition: Fixer, Repairs Cosmetic
Roof: Flat
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Electric: Electricity - On Property
Sewer: Sewer: Public Sewer, Water Sewer Expense: 19200.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Charles W. Barrett Elementary School is a public elementary school located approximately 0.3 miles away.
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Bret Harte Preparatory Middle School is a public middle school located approximately 0.5 miles away.
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Rdb Academy -(Reading Daily Books) A School For Learning is a private elementary, middle and high school located approximately 0.3 miles away.
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Alliance Judy Ivie Burton Technology Academy High School is a public high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.