Great Development Opportunity. Can build 23 units Condominium. Best View in Los Angeles county. Actual lot size is 14,000 sf including easement next to this lot approx. 1,800 sf. This property is located right next to Hermosa Vista Park which was established 6 years ago. This property has fantastic view to be able to see LA Downtown view at a glance. Seller is motivated. Please, do not disturb tenants. Dirve by only. Offer subject to interior inspection. Price is negotiable. It won't last long. Please, do not miss this opportunity. Call listing agent to have more detail information.
Multi-familyProperty Type
1905Year Built
0.26 acresLot Size
$262Price/Sq.Ft.
1 garage spacesParking
Listed by Young N Kim•DRE #01413102
•213-413-8777 (agent)
•Danielkim8777@gmail.com (agent)
Bought with Young N Kim•DRE #01413102• America Realty Los Angeles
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
9
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
1920
Sq. Ft.
4,962
Year built
1905
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5160016007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Garage
Assigned
Parking
# of Parking Spaces (Total): 8
Interior
Equipment
Garbage Disposal, Microwave
Heating & Cooling
Wall/Window Unit Cooling
Other Heat
Multi-Unit Income
Gross Income: 84600
Gross Operating Income: $84,600
Net Operating Income: $84,600
Multi-Unit Other Financial Information
Gross Rent Multiplier: 15
Vacancy Rate: 0
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4
Type Of Units: 4 Units Apt
# of Buildings: 1
Unit 1 Information
# of Beds: 4
# of Baths: 3.00
Rent: $3,000
Projected Rent: $3,000
Actual Rent: $3,000
# of Units: 1
Unit 2 Information
# of Beds: 2
# of Baths: 2.00
Rent: $1,400
Projected Rent: $1,500
Actual Rent: $1,400
# of Units: 2
Unit 3 Information
# of Beds: 2
# of Baths: 2.00
Rent: $1,500
Projected Rent: $1,500
Actual Rent: $1,500
# of Units: 3
Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,150
Projected Rent: $1,200
Actual Rent: $1,150
# of Units: 4
Exterior
Property Information
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 11,343
Zoning: LACW
Financial
Assessment Information
Assessed Land Value: $173,947
Assessed Improvement Value: $23,990
Assessor Parcel Number: 5160-016-007
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: At the corner of Edgeware Rd and Colton St
Public facts
Beds: 9
Baths: 4.0
Sq. Ft.: 4,962
Stories: —
Lot Size: 0.26 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1905
Year Renovated: 1920
County: Los Angeles County
APN: 5160016007
Home facts updated by county records on Oct 6, 2026
Other
Documents & Disclosures
Disclosures: As Is
Around this home
Schools
Betty Plasencia Elementary School
Public K-5 • Assigned • 0.3mi
4/10
Sal Castro Middle School
Public 6-8 • Assigned • 0.4mi
5/10
Edward R. Roybal Learning Center
Public 9-12 • Assigned • 0.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...