547 N Harvard Blvd · Los Angeles, CA 90004

$1,249,000

3 bd · 2.0 ba · 1,288 sqft · MultiFamily public records · 33 Days on market

Built 1913 7,508 sqft lot Est $867k · 44% over

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

Key facts

• Rooftop deck
• On grade parking
• Fantastic location

Tags

• R3 LOT
• ON GRADE PARKING
• ROOFTOP DECK
• FANTASTIC LOCATION

Property features AI

Finance

• Financial info: Scheduled gross operating income approximately $99,600; Projected net operating income approximately $74,700; Total annual expenses approximately $24,900; Cap rate about 5%; Gross rent multiplier about 14; Vacancy rate listed as 100%; Projected rents: $3,500; $2,600; $2,200
• HOA & community: Three total units in the complex

Exterior

• Parking: Driveway parking; Total of 6 parking spaces (all open)
• Home design: Residential income property; One level
• Exterior features: Two buildings; Zoned LAR3; No other structures

Interior

• Bedrooms: Two 2-bedroom units; One 1-bedroom unit
• Bathrooms: Two 2-bath units; One 1-bath unit
• Heating & cooling: Wall heat; No cooling
• Interior features: No cooling; Wall heating

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath multifamily listed at $1.25M.

Deal economics

• At list price, monthly cash flow is $7k ($79k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($19k rent vs $1.25M).
• Recommended offer: $1.21M (3.0% below list) — sets the bar for market timing.
• Cap rate 12.6% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-1.7%/yr); 142 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $18,511/mo this rent would consume 343% of the median local household income ($65k/yr) (locally 6512% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $9k of loan paydown is wiped out by about $37k of value loss. Plan a longer hold.
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $350k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($1.21M) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $226k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $930k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1913 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,211,530 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.48% ✓
• Cap rate: 12.59%
• Cash-on-cash: 22.50%
• DSCR: 2.00
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $866,824
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
332 N Ardmore Ave	0.32mi	2/— (-1)	1,274 (-1%)	9mo	$858,000	$673	70
4511 Rosewood Ave Unit 2	0.18mi	4/2.0 (+1)	1,250 (-3%)	15mo	$153,700	$123	69
5326 La Cresta Ct	0.42mi	4/3.0 (+1)	1,235 (-4%)	15mo	$840,000	$680	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 12.0%
• Equity multiple: 1.46×
• Total profit: $160,888
• Equity at exit: $186,230

10-year hold

• IRR: 18.5%
• Equity multiple: 2.34×
• Total profit: $467,896
• Equity at exit: $107,991

Cash invested: $349,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 90004

• Rents YoY: -1.7%
• Active inventory: 142
• Price-to-rent: 47.2×

Monthly cashflow live

• Estimated rent: $18,511 high
• Mortgage (P&I): −$6,550
• Tax from tax record: −$997 /mo · $11,961/yr
• Insurance: −$520
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,887
• Net cashflow: $6,557

Break-even live

Break-even rent $10,211

Max offer price $1,249,000

Occupancy floor 60%

Sensitivity live

Price	-10% $7,264	-5% $6,910	+0% $6,557	+5% $6,203	+10% $5,850
Rent	-10% $5,094	-5% $5,825	+0% $6,557	+5% $7,288	+10% $8,019
Rate	-1.0pp $7,186	-0.5pp $6,874	base $6,557	+0.5pp $6,233	+1.0pp $5,904

9-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 4× units	2	1	$8,824
▸ 5× units	1	1	$9,685
Total (9 units)			$18,511

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $312,250
• Closing costs: $37,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
554 N Harvard Blvd Unit 554 Los Angeles, CA	2.0	1.0	1200	$2,500	$2.08	44d	1	0.04mi
546 N Harvard Blvd Los Angeles, CA	3.0	3.0	1249	$4,500	$3.60	44d	1	0.04mi
637 N Kingsley Dr #1 Los Angeles, CA	4.0	3.0	1500	$4,875	$3.25	44d	1	0.14mi
637 N Kingsley Dr Los Angeles, CA	4.0	2.0	1500	$4,875	$3.25	44d	1	0.14mi
641 N Hobart Blvd Los Angeles, CA	2.0	2.0	1082	$2,822	$2.61	44d	2	0.14mi
443 N Harvard Blvd Unit 1/2 Los Angeles, CA	3.0	3.5	1350	$3,940	$2.92	6d	1	0.15mi
648 Serrano Ave Unit 648 Los Angeles, CA	3.0	3.0	1525	$3,895	$2.55	44d	1	0.17mi
4710 W Maplewood Ave Los Angeles, CA	3.0	3.0	1500	$3,950	$2.63	25d	1	0.17mi
4864 Melrose Ave Los Angeles, CA	1.0–2.0	1.0–2.0	881	$3,292	$3.74	3d	3	0.19mi
425 N Hobart Blvd Los Angeles, CA	1.0–2.0	1.0–2.0	850	$2,430	$2.86	19d	3	0.19mi
428 1/2 N Kingsley Dr Los Angeles, CA	2.0	1.0	900	$2,228	$2.48	6d	1	0.21mi
4460 Maplewood Ave Unit 1/4 Los Angeles, CA	4.0	3.5	1729	$5,041	$2.92	19d	1	0.21mi
4425 Maplewood Ave Unit 09 Los Angeles, CA	2.0	2.0	1000	$2,295	$2.29	25d	1	0.22mi
660 N Oxford Ave Los Angeles, CA	5.0	1.0–4.0	893	$3,280	$3.67	3d	11	0.22mi
339 N Harvard Blvd Los Angeles, CA	3.0	2.0	1350	$3,550	$2.63	44d	1	0.25mi
401 N Serrano Ave Ph 3 Los Angeles, CA	3.0	2.0	1800	$5,500	$3.06	44d	1	0.25mi
4572 Oakwood Ave Unit 4572 Los Angeles, CA	4.0	4.0	1750	$4,400	$2.51	8d	1	0.26mi
825 N Hobart Blvd Unit 827 Los Angeles, CA	2.0	1.0	950	$2,700	$2.84	44d	1	0.30mi
4816 Rosewood Ave Los Angeles, CA	2.0	2.0	1000	$2,100	$2.10	4d	1	0.31mi
623 N Mariposa Ave Los Angeles, CA	3.0	3.5	1600	$4,500	$2.81	19d	1	0.32mi
4369 Rosewood Ave Los Angeles, CA	3.0	2.0	1500	$3,795	$2.53	44d	1	0.32mi
833 N Kingsley Dr Unit 6 Los Angeles, CA	2.0	1.0	1000	$2,650	$2.65	44d	1	0.34mi
4733 Elmwood Ave Los Angeles, CA	2.0–3.0	2.0	1465	$3,500	$2.39	15d	2	0.35mi
4733 Elmwood Ave #304 Los Angeles, CA	3.0	2.0	1610	$3,500	$2.17	11d	1	0.35mi
618 S Mariposa Ave Unit 1/2 Los Angeles, CA	3.0	3.5	1829	$4,540	$2.48	3d	1	0.35mi
523 N Saint Andrews Pl Unit 523 Los Angeles, CA	3.0	2.0	1612	$3,437	$2.13	21d	1	0.37mi
4732 Elmwood Ave Unit 3 Los Angeles, CA	2.0	1.5	1050	$2,550	$2.43	15d	1	0.37mi
5016 Clinton St Unit 5016 D Los Angeles, CA	2.0	1.0	1200	$2,795	$2.33	44d	1	0.39mi
4909 Rosewood Ave Los Angeles, CA	3.0	3.0	1270	$3,695	$2.91	6d	1	0.39mi
913 N Hobart Blvd Unit 3/4 Los Angeles, CA	3.0	3.5	1564	$3,937	$2.52	44d	1	0.39mi
913 N Hobart Blvd Unit 1/2 Los Angeles, CA	4.0	4.5	1757	$4,395	$2.50	4d	1	0.39mi
338 N Mariposa Ave Los Angeles, CA	2.0	2.0	1200	$2,995	$2.50	23d	1	0.41mi
900 N Ardmore Ave Los Angeles, CA	2.0	2.0	862	$3,125	$3.63	4d	27	0.42mi
4205 Council St Los Angeles, CA	2.0	2.0	1100	$2,245	$2.04	2d	1	0.43mi
608 N Gramercy Pl Los Angeles, CA	2.0	3.0	1250	$3,950	$3.16	44d	1	0.43mi
608 1/2 N Gramercy Pl Los Angeles, CA	2.0	3.0	1250	$3,500	$2.80	0d	1	0.43mi
750 N Saint Andrews Pl Unit 201 Los Angeles, CA	2.0	1.5	1000	$2,850	$2.85	25d	1	0.44mi
843 Mariposa Ave Unit 1 Los Angeles, CA	3.0	3.5	1600	$4,495	$2.81	25d	1	0.47mi
843 Mariposa Ave #2 Los Angeles, CA	3.0	3.5	1600	$4,199	$2.62	44d	1	0.47mi
317 N St Andrews Pl Los Angeles, CA	3.0	2.0	960	$2,600	$2.71	44d	1	0.47mi

Listing history 26 events

1. 2026-06-21
   days on market $1,249,000 Active 33 DOM
2. 2026-06-18
   days on market $1,249,000 Active 30 DOM
3. 2026-06-17
   days on market $1,249,000 Active 29 DOM
4. 2026-06-16
   days on market $1,249,000 Active 28 DOM
5. 2026-06-15
   days on market $1,249,000 Active 27 DOM
6. 2026-06-13
   pricedays on market $1,249,000 Active 25 DOM
7. 2026-06-09
   days on market $1,275,000 Active 21 DOM
8. 2026-06-08
   days on market $1,275,000 Active 20 DOM
9. 2026-06-07
   days on market $1,275,000 Active 19 DOM
10. 2026-06-04
    days on market $1,275,000 Active 16 DOM
11. 2026-06-03
    days on market $1,275,000 Active 15 DOM
12. 2026-06-02
    days on market $1,275,000 Active 14 DOM
13. 2026-06-01
    days on market $1,275,000 Active 13 DOM
14. 2026-05-31
    pricedays on market $1,275,000 Active 12 DOM
15. 2026-05-21
    price $1,375,000
16. 2026-05-19
    listed $1,475,000 Active
17. 2023-04-27
    soldstatus $930,000 Closed Sale 1113-char remark

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

18. 2023-04-27
    soldstatus $930,000

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

19. 2023-04-10
    status Pending Sale 1113-char remark

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

20. 2023-03-13
    historical Active Under Contract 1113-char remark

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

21. 2023-01-20
    status Active 1113-char remark

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

22. 2023-01-10
    historical Active Under Contract 1113-char remark

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

23. 2023-01-04
    price $1,050,000 1113-char remark

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

24. 2022-07-12
    price $1,200,000 1113-char remark

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

25. 2022-04-19
    listed $1,350,000 Active 1113-char remark

    Show marketing remark (1113 chars)

    Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

26. 1977-09-16
    soldstatus $52,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $11,961 · $997/mo
• Projected year-2 tax: $11,961 · $997/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥92°F today · 22 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $222,132
• − Mortgage interest: −$69,963
• − Property taxes: −$11,961
• − Insurance: −$6,245
• − Repairs & maintenance: −$17,771
• − Management: −$17,771
• − Depreciation: −$36,335
• Taxable income: $62,087
• Est. tax owed @ 24.0%: −$14,901
• After-tax cash flow: $63,779/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 58,484
• Household income: $64,826
• Rent vs Own: 83.8% rent · 16.2% own
• Severe rent burden: 6512.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Hispanic / Latino 46% Asian 25% White 21% Two or more races 11% Black 4% Native American 1%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Lithuanian 1% Romanian 1% Scotch-Irish 1%
• Foreign-born: 47% · Canada, South Korea, China
• Languages at home: 34% English-only · Spanish 40% Korean 10% Tagalog/Filipino 8%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -896.52%
• Current HPI: 421.3689
• Rent YoY: ▼ -1.71%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+2544.2% since first listed

12 events — show timeline

• 2026-05-21 Price Changed $1,375,000 TheMLS
• 2026-05-19 Listed $1,475,000 TheMLS
• 2023-04-27 Sold (Public Records) $930,000 Public Records
• 2023-04-27 Sold (MLS) $930,000 CRMLS
• 2023-04-10 Pending — CRMLS
• 2023-03-13 Contingent — CRMLS
• 2023-01-20 Relisted — CRMLS
• 2023-01-10 Contingent — CRMLS
• 2023-01-04 Price Changed $1,050,000 CRMLS
• 2022-07-12 Price Changed $1,200,000 CRMLS
• 2022-04-19 Listed $1,350,000 CRMLS
• 1977-09-16 Sold (Public Records) $52,000 Public Records

Property tax history

+13.5%/yr

Latest (2025): $11,961 · +1.2% YoY. Source: county tax records.