$545,000 Price Analysis   ♡   Los Angeles, CA 90003 4 bed 3 bath 1,629 SqFt ($334/SqFt) 5,120SqFt lot. Built 1923 Listed 2023-02-03, Taxes $4,220 | Ⓧ USDA Ineligible due to location near Los Angeles |
This is the lowest priced property in the area for 3 units with lots of potential for a huge value add.
The large detached garage can be develped and converted to an ADU turning this p roperty to a 4 unit instead of 3. There is a significant upside in the current rents offering the new owner the ability to also remodel and make this a exceptional cash flowing investment.
This property is comprised of three separate structures its own privates entrance in the alley and lots of parking with a long driveway. This invesmnet is centrally located in South LA next to multiple schools, restaurants, 110 freeway and more. A short commute to Downtown Los Angeles, Lax and the Beach Cities.
Presented by Dounia Zamora at
West Shores Realty, Inc.
Property MLS #PV23016155 from CRMLS
Bedrooms: 4
Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes
Heating Features: Wall Furnace
Heating: Yes
Full Bathrooms: 3
Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.117539
Lot Size Source: Assessor
Lot Size Square Feet: 5120
Lot Size Acres: 0.117539
Lot Size Source: Assessor
Lot Size Square Feet: 5120
Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Paved, Garage - Two Door
Parking Total: 2
Parking Features: Parking YN: Yes, Parking Features: Paved, Garage - Two Door
Parking Total: 2
Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Calculated Total Monthly Association Fees: 0
Number of Units Leased: 3
Rent Control: Yes
Rent Control: Yes
Community Features: Suburban
Source Listing Status: Active
County: Los Angeles
Cap Rate: 2.69
Source Property Type: Residential Income
Insurance Expense: 2536.00
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 6005016033
Postal Code Plus 4: 1114
Zoning: LAR2
Source System Name: C2C
County: Los Angeles
Cap Rate: 2.69
Source Property Type: Residential Income
Insurance Expense: 2536.00
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 6005016033
Postal Code Plus 4: 1114
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $169,015 + $169,015 $338,030 | $4,220 |
| 2021 | $165,701 + $165,701 $331,402 | $4,163 |
| 2020 | $164,002 + $164,002 $328,004 | $4,201 |
| 2019 | $160,787 + $160,787 $321,574 | $4,041 |
| 2018 | $157,635 + $157,635 $315,270 | $3,992 |
| 2017 | $154,545 + $154,545 $309,090 | $3,905 |
| 2016 | $151,515 + $151,515 $303,030 | $3,805 |
| 2015 | $149,240 + $149,240 $298,480 | $3,751 |
| 2014 | $146,317 + $146,317 $292,634 | $3,775 |
| 2013 | $145,656 + $145,656 $291,312 | $3,775 |
| 2012 | $142,800 + $142,800 $285,600 | $3,825 |
| 2010 | $131,381 + $114,757 $246,138 | $3,323 |
| 2009 | $218,606 + $85,012 $303,618 | $3,920 |
| 2009 | $104,751 + $139,668 $244,419 | $3,920 |
| 2008 | $214,320 + $83,346 $297,666 | $3,757 |
| 2007 | $210,118 + $81,712 $291,830 | $3,630 |
Price Changed 2023-09-28
$545,000
CRMLS
Price Changed 2023-04-04
$564,999
CRMLS
Listed 2023-02-03
$579,999
CRMLS
Listing removed 2022-11-04
$0
TheMLSCLAW
Price Changed 2022-09-19
$580,000
TheMLSCLAW
Price Changed 2022-08-29
$595,000
TheMLSCLAW
Price Changed 2022-08-10
$615,000
TheMLSCLAW
Listed 2022-07-06
$650,000
TheMLSCLAW
Sold 2022-06-28
$525,000
Public Record
Listing removed 2011-03-28
$198,000
TheMLSCLAW
Sold 2010-05-28
$180,000
ITECH
Listing removed 2010-05-22
$198,000
TheMLSCLAW
Price Changed 2010-05-05
$198,000
TheMLSCLAW
Listed 2010-02-26
$198,000
ITECH
Listed 2010-02-26
$198,000
TheMLSCLAW
Listed 2010-02-26
$210,000
TheMLSCLAW
Listing removed 2009-12-06
$219,000
CRMLS
Listing removed 2009-11-30
$219,000
ITECH
Price Changed 2009-10-18
$219,000
CRMLS
Listing removed 2009-06-30
$200,000
SoCalMLS
Listed 2009-06-17
$239,900
CRMLS
Listed 2009-06-10
$219,000
ITECH
Listed 2009-01-29
$200,000
SoCalMLS
Listing removed 2009-01-10
$475,000
ITECH
Listed 2008-01-09
$475,000
ITECH
Listing removed 2004-03-02
$325,000
ITECH
Listed 2004-01-12
$325,000
ITECH
Sold 2003-10-30
$275,000
Public Record
$545,000
CRMLS
Price Changed 2023-04-04
$564,999
CRMLS
Listed 2023-02-03
$579,999
CRMLS
Listing removed 2022-11-04
$0
TheMLSCLAW
Price Changed 2022-09-19
$580,000
TheMLSCLAW
Price Changed 2022-08-29
$595,000
TheMLSCLAW
Price Changed 2022-08-10
$615,000
TheMLSCLAW
Listed 2022-07-06
$650,000
TheMLSCLAW
Sold 2022-06-28
$525,000
Public Record
Listing removed 2011-03-28
$198,000
TheMLSCLAW
Sold 2010-05-28
$180,000
ITECH
Listing removed 2010-05-22
$198,000
TheMLSCLAW
Price Changed 2010-05-05
$198,000
TheMLSCLAW
Listed 2010-02-26
$198,000
ITECH
Listed 2010-02-26
$198,000
TheMLSCLAW
Listed 2010-02-26
$210,000
TheMLSCLAW
Listing removed 2009-12-06
$219,000
CRMLS
Listing removed 2009-11-30
$219,000
ITECH
Price Changed 2009-10-18
$219,000
CRMLS
Listing removed 2009-06-30
$200,000
SoCalMLS
Listed 2009-06-17
$239,900
CRMLS
Listed 2009-06-10
$219,000
ITECH
Listed 2009-01-29
$200,000
SoCalMLS
Listing removed 2009-01-10
$475,000
ITECH
Listed 2008-01-09
$475,000
ITECH
Listing removed 2004-03-02
$325,000
ITECH
Listed 2004-01-12
$325,000
ITECH
Sold 2003-10-30
$275,000
Public Record
Net Operating Income: 22325.00
Total Square Feet Living: 1629
Year Built: 1923
Building Features: 2
Common Walls: 1 Common Wall
Property Age: 101
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor
Year Built: 1923
Building Features: 2
Common Walls: 1 Common Wall
Property Age: 101
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 597.92
Water Source: Public
Water Source: Public
Mary Mcleod Bethune Middle School is a public middle school located approximately 0.5 miles away.
Map directions
Map directionsAcademy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 1.9 miles away.
Map directions
Map directionsAspire Juanita Tate Academy Charter is a public elementary school located approximately 0.2 miles away.
Map directions
Map directionsSt. Columbkille Elementary School is a private elementary and middle school located approximately 0.2 miles away.
Map directions
Map directions
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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.