Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $149,300 per Year!!! With a Current Cap Rate at 6.75, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6
Multi-familyProperty Type
1923Year Built
6,500 sq ftLot Size
$443Est. Price/Sq.Ft.
8 spacesParking
Listed by Marvin Malone•DRE #01202247• Amberwood Real Estate, Inc.
Contact: 562-377-2370
Bought with Alphonso Roberson•DRE #02122187• Circa Properties, Inc.
Property is a Fixer, and will be sold in As-Is Condition
Property is a Fixer, and will be sold in As-Is Condition
CRMLS #PW18175665
Nov 16, 2018
Sold
$650,000
$154/sq ft
Oct 29, 2018
Pending
—
Jul 25, 2018
Relisted
—
Jul 23, 2018
Listing Removed
—
Jul 23, 2018
Listed
$650,000
$154/sq ft
Property is a Fixer, and will be sold in As-Is Condition
Public Records
Dec 1, 2006
Sold
$890,000
$211/sq ft
CRMLS #L20509
Dec 1, 2006
Sold
$889,000
$211/sq ft
Jun 7, 2006
Listed
$899,000
$213/sq ft
Public Records
Sep 21, 2005
Sold
$850,000
$202/sq ft
Public Records
Mar 26, 1997
Sold
$147,000
$35/sq ft
Public Records
Mar 26, 1997
Sold
$265,000
$63/sq ft
Public Records
Oct 13, 1995
Sold
$123,500
$29/sq ft
Public Records
Jun 15, 1983
Sold
$100,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,715 (−48.6%)
$714,000 + $1,096,500
$1,810,500
2024
$18,901 (+107.6%)
$446,205 + $234,257
$680,462
2023
$9,105 (+6.3%)
$823,140 + $621,180
$1,444,320
2022
$8,566 (+2.3%)
$428,879 + $225,161
$654,040
2021
$8,375 (+0.3%)
$420,470 + $220,747
$641,217
2020
$8,352 (+1.2%)
$412,226 + $216,419
$628,645
2019
$8,256 (−38.3%)
$408,000 + $214,200
$622,200
2018
$13,388 (+1.1%)
$400,000 + $210,000
$610,000
2017
$13,248 (+7.7%)
$519,480 + $507,937
$1,027,417
2016
$12,305 (+4.2%)
$519,480 + $507,937
$1,027,417
2015
$11,813 (+0.7%)
$509,295 + $497,978
$1,007,273
2014
$11,736 (+1.5%)
$491,819 + $480,890
$972,709
2012
$11,566 (+4.3%)
$489,597 + $478,717
$968,314
2011
$11,092 (+1.1%)
$479,998 + $469,331
$949,329
2010
$10,968 (+0.4%)
$470,587 + $460,129
$930,716
2009
$10,922 (+7.3%)
$467,070 + $456,691
$923,761
2008
$10,177
$468,180 + $457,776
$925,956
Tax history for 522 E Rhea St E
Year
Property tax
Land + Additions
Assessment*
2025
$9,715 (−48.6%)
$714,000 + $1,096,500
$1,810,500
2024
$18,901 (+107.6%)
$446,205 + $234,257
$680,462
2023
$9,105 (+6.3%)
$823,140 + $621,180
$1,444,320
2022
$8,566 (+2.3%)
$428,879 + $225,161
$654,040
2021
$8,375 (+0.3%)
$420,470 + $220,747
$641,217
2020
$8,352 (+1.2%)
$412,226 + $216,419
$628,645
2019
$8,256 (−38.3%)
$408,000 + $214,200
$622,200
2018
$13,388 (+1.1%)
$400,000 + $210,000
$610,000
2017
$13,248 (+7.7%)
$519,480 + $507,937
$1,027,417
2016
$12,305 (+4.2%)
$519,480 + $507,937
$1,027,417
2015
$11,813 (+0.7%)
$509,295 + $497,978
$1,007,273
2014
$11,736 (+1.5%)
$491,819 + $480,890
$972,709
2012
$11,566 (+4.3%)
$489,597 + $478,717
$968,314
2011
$11,092 (+1.1%)
$479,998 + $469,331
$949,329
2010
$10,968 (+0.4%)
$470,587 + $460,129
$930,716
2009
$10,922 (+7.3%)
$467,070 + $456,691
$923,761
2008
$10,177
$468,180 + $457,776
$925,956
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
7
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
6,451 Sq. Ft.
Year renovated
—
Sq. Ft.
1,732
Year built
1923
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
7209004011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
RMU4-A
Residential Mixed-Use 4-A Series Zone
Residential Mixed-Use 4 (RMU4 A-Series) zone is residentially focused and permit higher density residential uses in areas where multi-family housing is currently the dominant use. These zones permit intensification of existing residential areas to increase housing opportunities and introduce neighborhood-serving, non-residential uses in proximity to residents.
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Retail-Grocery
Restaurant
Housing-Group
Housing-Multiple units
Housing-Senior
Housing-Other
Mixed use
Park & open space
Sep 16, 2019 • Final
Remodel application
Bathroom
Kitchen
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 8
Assigned, Driveway - Concrete, Gated, On Site
Has Parking
# of Parking Spaces: 8
Interior
Laundry Information
Has Laundry
Dryer Included, Gas & Electric Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
Kitchen Information
Appliances: Dishwasher, Free Standing Range, Garbage Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Portable Dishwasher, Refrigerator