About this home

This property is part of a rare opportunity to acquire a 4 building, 52-unit portfolio in South Los Angeles. This property is a very well-kept, updated and professionally managed 16-unit asset with all large & open 1 Bed/1 Bath units that has on-site parking for tenants. Low operating expenses as tenants pay for gas, electricity and trash. 5 units have just finished remodels and are now on the rental market and market rent ready. The location is family friendly for tenants being walking distance to Vista Point Community Park & Chester Washington Golf Course, and very mobile being just blocks to/from the 105 freeway and minutes to/from the 110 freeway. The portfolio purchase features an in-place 8.76x GRM and 7.56% cap rate, and all properties are late 1950's construction assets with parking for tenants, and a unit mix of (36) 1 Bed/1 Bath & (16) 2 Bed/1 Bath units -- NO studios, bachelors or singles! This property is located two doors away from two of the portfolio assets which provides a rare opportunity of large lot assemblage.

Facts and features

Schools

• West Athens Elementary School

  elementary · K-5 · 0.2 mi

  3

• George Washington Preparatory High School

  high · 9-12 · 0.9 mi

  3

• St. Frances X. Cabrini

  elementary · 0.4 mi

• Boys Academic Leadership Academy

  middle · 6-12 · 0.8 mi

  5

• Castle Elementary School

  elementary · K-6 · 0.4 mi

• Washington Primary Center School

  elementary · K-2 · 0.5 mi

Price history

• Sep 3, 2026 · Listed$2,800,000
• Mar 16, 2018 · Sold$2,496,000
• Jun 23, 2017 · Sold$1,700,000
• Nov 24, 2015 · Sold$1,700,000
• Aug 20, 2015 · Listed$1,920,000
• Apr 12, 2013 · Listing Removed$1,475,000
• Apr 10, 2013 · Sold$1,350,000
• Jan 24, 2013 · Listed$1,475,000

Tax history

• 2025$43,183 tax · $2,896,816 assessed
• 2024$41,165 tax · $2,840,017 assessed
• 2023$39,500 tax · $2,729,738 assessed
• 2022$37,787 tax · $2,676,214 assessed
• 2021$37,465 tax · $2,623,740 assessed
• 2020$37,742 tax · $2,596,838 assessed
• 2019$36,400 tax · $2,545,920 assessed
• 2018$27,415 tax · $1,768,680 assessed

Home value

$3,892,306

• Quantarium$3,892,306

Where it is