Well-maintained building in a desirable rental location near Hancock park. This property is a great opportunity for an investor due to its huge upside rental potential. This Four-Plex sits on Approx. 5821 FT lot that consists of four large 1 Bedroom / 1 Bath Units. The property has approx. 10 parking spaces which makes it very convenient. Close to public transportation, close to Many Shopping plazas, parks, restaurants, and schools.
Multi-familyProperty Type
1950Year Built
5,821 sq ftLot Size
$531Est. Price/Sq.Ft.
10 spacesParking
Listed by Shahram Shamounpour•DRE #02122389• Keller Williams Realty Westside
•424-313-2744 (agent)
•Californialuxuryinvestments@gmail.com (agent)
Bought with David Aghaei•DRE #01889509• Priority Real Estate Associates, Inc.
*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
Permits
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
5,823 Sq. Ft.
Year renovated
1950
Sq. Ft.
2,370
Year built
1950
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5083031017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 2026.
Feb 20, 2026 • Active
Hvac
HVAC
Kitchen
Feb 20, 2026 • Active
Plumbing
Kitchen
Plumbing
Water heater
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
Garage
Driveway - Concrete, Unassigned, Tandem
Parking
# of Parking Spaces (Total): 10
Interior
Heating & Cooling
Wall Unit Cooling
Wall Heat
Multi-Unit Income
Gross Income: 120000
Gross Operating Income: $116,400
Net Operating Income: $78,000
Multi-Unit Expenses
Total Annual Expense: $42,000
Multi-Unit Other Financial Information
Gross Rent Multiplier: 7.5
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4
Type Of Units: Four-Plex
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Projected Rent: $2,500
# of Units: 1
Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Projected Rent: $2,500
# of Units: 2
Unit 3 Information
# of Beds: 1
# of Baths: 1.00
Projected Rent: $2,500
# of Units: 3
Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Projected Rent: $2,500
# of Units: 4
Exterior
Building Information
Attached
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 5,821
Lot Size (Acres): 0.1336
Zoning: LAR2
Property Features
Alley: False
Financial
Assessment Information
Assessed Total Value: $760,081
Assessed Land Value: $437,457
Assessed Land %: 57.55
Assessed Improvement Value: $322,624
Assessed Improvement %: 42.45
Assessor Parcel Number: 5083-031-017
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: West Pico and San Vicente Blvd.
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,370
Stories: —
Lot Size: 5,823 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: 1950
County: Los Angeles County
APN: 5083031017
Home facts updated by county records on Aug 30, 2026
Other
Documents & Disclosures
Disclosures: None
Around this home
Schools
Queen Anne Place Elementary School
Public K-5 • Assigned • 0.2mi
8/10
Johnnie Cochran, Jr., Middle School
Public 6-8 • Assigned • 0.7mi
3/10
Los Angeles Senior High School
Public 9-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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