7-Plex
2677 Moss Ave · Los Angeles, CA
Flood risk 7/10 · Major
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.76%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 6/10 · Moderate
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 11 days/yr
- Unhealthy air days in 30 yrs
- 12 days/yr
Risk factors via First Street. Map © Google.
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 +25.2/30.0
- DSCR +8.3/10.0
- 1% rule +6.1/10.0
- Schools +3.6/10.0
- Livability +3.4/5.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$1,590,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 7 units. confirmed
5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.
Listing remarks MLS
7 unit value-add apartment located in Glassell Park, one of the hottest neighborhoods of Los Angeles bordered by Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity to Hollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. It is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries, coffee shops and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds in improving the property. In addition, seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020) was also completed. There are 7 parking spaces equally assigned to each unit. There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield. Additionally, market rents are projected at $2,100 for all the 2BR units after full renovation, which equates to 120% in rental upside. The property is subject to The City of LA Rent Stabilization Ordinance (RSO).
Key facts
- 7,478 sq ft lot
- Built 1963
- Listed 50 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 7 × 2-bed/1-bath units multifamily listed at $1.59M.
Deal economics
- At list price, monthly cash flow is $3k ($42k/yr) — positive. Per door: $499/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($18k rent vs $1.59M).
- Recommended offer: $1.54M (3.0% below list) — sets the bar for market timing.
- Cap rate 9.0% 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 flat; 239 active listings in the ZIP; solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
- At $17,619/mo this rent would consume 223% of the median local household income ($95k/yr) (locally 2198% 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 $11k of loan paydown is wiped out by about $48k 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.
Negotiation context
- It's been on market 51 days — a 3% lower offer ($1.54M) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $1.25M; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: major flood risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.11% ✓
- Cap rate
- 8.98%
- Cash-on-cash
- 9.60%
- DSCR
- 1.43
- GRM
- 7.5
CMA / ARV
- ARV (median comp)
- $1,241,325
- List price
- $1,590,000
- Delta
- 28.09%
- Verdict
- OVERPRICED
- Comps
- 11 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.21% rent growth · sell at horizon
- IRR
- -5.2%
- Equity multiple
- 0.81×
- Total profit
- $-83,280
- Equity at exit
- $237,074
- IRR
- 1.0%
- Equity multiple
- 1.06×
- Total profit
- $27,013
- Equity at exit
- $137,474
Cash invested: $445,200 (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
ZIP-level market 90065
- Rents YoY
- 0.2%
- Active inventory
- 239
- Price-to-rent
- 52.6×
Monthly cashflow live
- Estimated rent
- $17,619 high interval (Pro) →
- Mortgage (P&I)
- −$8,338
- Tax from tax record
- −$1,357 /mo · $16,289/yr
- Insurance
- −$662
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$3,700
- Net cashflow
- $3,495
Break-even live
7-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 7× units | 2 | 1 | $17,619 |
| #1 | 2 | 1 | $2,517 |
| #2 | 2 | 1 | $2,517 |
| #3 | 2 | 1 | $2,517 |
| #4 | 2 | 1 | $2,517 |
| #5 | 2 | 1 | $2,517 |
| #6 | 2 | 1 | $2,517 |
| #7 | 2 | 1 | $2,517 |
| Total (7 units) | $17,619 | ||
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
- $397,500
- Closing costs
- $47,700
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 29 events
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2026-06-18days on market $1,590,000 Active 51 DOM
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2026-06-17days on market $1,590,000 Active 50 DOM
-
2026-06-16days on market $1,590,000 Active 49 DOM
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2026-06-15days on market $1,590,000 Active 48 DOM
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2026-06-13days on market $1,590,000 Active 46 DOM
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2026-06-09days on market $1,590,000 Active 42 DOM
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2026-06-08days on market $1,590,000 Active 41 DOM
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2026-06-07days on market $1,590,000 Active 40 DOM
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2026-06-04days on market $1,590,000 Active 37 DOM
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2026-06-03days on market $1,590,000 Active 36 DOM
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2026-06-02days on market $1,590,000 Active 35 DOM
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2026-06-01days on market $1,590,000 Active 34 DOM
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2026-05-31days on market $1,590,000 Active 33 DOM
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2026-04-29$1,590,000 Active 1424-char remark
Show marketing remark (1424 chars)
7 unit value-add apartment located in Glassell Park, one of the hottest neighborhoods of Los Angeles bordered by Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity to Hollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. It is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries, coffee shops and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds in improving the property. In addition, seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020) was also completed. There are 7 parking spaces equally assigned to each unit. There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield. Additionally, market rents are projected at $2,100 for all the 2BR units after full renovation, which equates to 120% in rental upside. The property is subject to The City of LA Rent Stabilization Ordinance (RSO).
-
2023-08-11soldstatus $1,250,000 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
-
2023-08-11soldstatus $1,250,000 Sold 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
-
2023-08-11soldstatus $1,250,000
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
-
2023-07-03historical Backup Offers Accepted 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
-
2023-06-02status Active 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
-
2023-05-30historical Backup Offers Accepted 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
-
2023-04-17status Active 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
-
2023-01-10status Active 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
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2022-10-12$1,570,000 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
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2022-10-12$1,570,000 Active 1499-char remark
Show marketing remark (1499 chars)
7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd. , a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield.
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2005-10-21historical
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2005-07-22$1,380,000
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1999-09-01historical
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1999-06-03
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1977-02-01soldstatus $110,000
ⓘ 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
- $16,289 · $1,357/mo
- Projected year-2 tax
- $16,289 · $1,357/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 7/10 Severe FEMA zone X (unshaded) · 76% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 6/10 Major 7 d/yr ≥97°F today · 23 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 6/10 Major 11 unhealthy d/yr today · 12 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $211,428
- − Mortgage interest
- −$89,065
- − Property taxes
- −$16,289
- − Insurance
- −$8,748
- − Repairs & maintenance
- −$16,914
- − Management
- −$16,914
- − Depreciation
- −$46,255
- Taxable income
- $17,244
- Est. tax owed @ 24.0%
- −$4,139
- After-tax cash flow
- $37,796/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
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)
- 44,658
- Household income
- $94,784
- Rent vs Own
- Severe rent burden
- 2198.0
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 0.63)
- Race & ethnicity
- Hispanic / Latino 52% White 27% Two or more races 20% Asian 13% Native American 3% Black 2%
- Hispanic origin (detail)
- Mexican 37%
- Common ancestry
- Slovak 3% Scotch-Irish 1% Lithuanian 1%
- Foreign-born
- 36% · Canada, China, South Korea
- Languages at home
- 45% English-only · Spanish 41% Tagalog/Filipino 5% Other Indo-European 3%
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
- ▼ -1578.12%
- Current HPI
- 536.5042
- Rent YoY
- ▲ 0.21%
- 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 |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+1345.5% since first listed16 events — show timeline
- 2026-04-29 Listed $1,590,000 CRMLS
- 2023-08-11 Sold (Public Records) $1,250,000 Public Records
- 2023-08-11 Sold (MLS) $1,250,000 TheMLS
- 2023-08-11 Sold (MLS) $1,250,000 SDMLS
- 2023-07-03 Contingent — TheMLS
- 2023-06-02 Relisted — TheMLS
- 2023-05-30 Contingent — TheMLS
- 2023-04-17 Relisted — TheMLS
- 2023-01-10 Relisted — TheMLS
- 2022-10-12 Listed $1,570,000 TheMLS
- 2022-10-12 Listed $1,570,000 SDMLS
- 2005-10-21 Listing Removed — CRMLS
- 2005-07-22 Listed $1,380,000 CRMLS
- 1999-09-01 Delisted — TheMLS
- 1999-06-03 Listed — TheMLS
- 1977-02-01 Sold (Public Records) $110,000 Public Records
Property tax history
+7.0%/yrLatest (2025): $16,289 · +1.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…