Multi-family
3323 Darwin Ave · Los Angeles, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 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 D+ 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 +15.0/30.0
- ARV discount +7.5/15.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Condition / age +4.8/5.0
- Rent growth +3.8/5.0
- Schools +3.6/10.0
- Livability +3.4/5.0
- Appreciation +0.0/10.0
$3,000,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
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
Don't miss this amazing opportunity to own in a highly desired area of Los Angeles. Minutes away from USC Keck Medicine Queen Anne Recreation Center Brewery Art Walk University of Southern California (USC) San Antonio Winery Dodger Stadium Property is being sold AS-IS. City allows up to 3 dwellings per parcel (with additional 3 ADU's) per parcel Call city for further info. All units (1 bed/1 bath) all currently occupied. Buyer/Buyer's Agent to conduct their due diligence in verifying any/all info prior to submission of offer included but not limited to all figures and info provided via listing. Please submit package with proof of funds, Pre-qual letter, FiCO Score & will be cross qualified by our preferred lender. Current owner expenses - Gardener, Water/Sewer (DWP) * * Please DO NOT DISTURB TENANTS/OCCUPANTS * *
Key facts
- Delivered rti status
- Corner lot
- 0.32 acre lot
Tags
Property features AI
Finance
- Other: Potential for 70 units of 1-bedroom; Building plans and permits available; Property offered 'As Is' and qualifies for affordable housing; Assessor parcel number 5211-003-026
Exterior
- Utilities: Cable available
- Home design: Residential land
- Construction: Zoned LARD2; Special zoning: Other
- Exterior features: Corner lot
Interior
- Interior features: Telephone service available
Neighborhood map
What this means for you Summary
Snapshot
- This is a multifamily listed at $3.00M. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $82k ($981k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($130k rent vs $3.00M).
- Recommended offer: $2.96M (1.5% below list) — sets the bar for market timing.
- Cap rate 39.0% 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 rising fast (+5.1%/yr); 128 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
- At $129,730/mo this rent would consume 2468% of the median local household income ($63k/yr) (locally 2683% 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 $21k of loan paydown is wiped out by about $90k 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 + 5.1% rent growth), your $840k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 22 days — a 2% lower offer ($2.96M) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 2y 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 $66k; list at $3.00M implies a 4445% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- 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.
Questions for the listing agent
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 4.32% ✓
- Cap rate
- 38.99%
- Cash-on-cash
- 116.79%
- DSCR
- 6.20
- GRM
- 1.9
CMA / ARV
No comps found within radius.
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2105 Keith St | 0.24mi | 4/4.0 | 3,133 | 5mo | $650,000 | $207 | 72 |
| 2236 Griffin Ave | 0.40mi | 5/4.0 | 2,836 | 1mo | $935,000 | $330 | 68 |
| 1919 Johnston St | 0.31mi | 5/2.5 | 2,386 | 8mo | $700,000 | $293 | 66 |
| 2309 Johnston | 0.41mi | 6/4.0 | 2,700 | 3mo | $1,190,000 | $441 | 66 |
| 2303 Hancock St | 0.36mi | 8/5.5 | 3,430 | 13mo | $931,000 | $271 | 60 |
| 3135 Minnesota St | 0.69mi | 4/4.0 | 2,430 | 1mo | $1,516,500 | $624 | 54 |
| 2466 Lancaster Ave | 0.73mi | 7/6.0 | 4,009 | 1mo | $1,230,000 | $307 | 52 |
| 2428 Sichel St | 0.62mi | 7/4.0 | 3,190 | 8mo | $925,000 | $290 | 52 |
| 1857 Workman St | 0.55mi | 2/2.0 | 1,496 | 20mo | $390,000 | $261 | 45 |
| 2601 Johnston St | 0.69mi | 2/2.0 | 1,908 | 14mo | $799,000 | $419 | 44 |
| 2128 Manitou Ave | 0.70mi | 2/2.0 | 2,574 | 14mo | $1,230,000 | $478 | 43 |
| 1539 Tremont St | 0.72mi | 10/4.0 | 1,903 | 21mo | $650,000 | $342 | 37 |
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 · 5.11% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 6.96×
- Total profit
- $5,004,011
- Equity at exit
- $447,310
- IRR
- —
- Equity multiple
- 15.61×
- Total profit
- $12,275,020
- Equity at exit
- $259,385
Cash invested: $840,000 (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 90031
- Rents YoY
- 5.1%
- Active inventory
- 128
- Price-to-rent
- 134.9×
Monthly cashflow live
- Estimated rent
- $129,730 high interval (Pro) →
- Mortgage (P&I)
- −$15,732
- Tax est. 1.5%
- −$3,750 /mo · $45,000/yr
- Insurance
- −$1,250
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$27,243
- Net cashflow
- $81,754
Break-even live
70-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 70× units | 1 | 1 | $129,710 |
| #1 | 1 | 1 | $1,853 |
| #2 | 1 | 1 | $1,853 |
| #3 | 1 | 1 | $1,853 |
| #4 | 1 | 1 | $1,853 |
| #5 | 1 | 1 | $1,853 |
| #6 | 1 | 1 | $1,853 |
| #7 | 1 | 1 | $1,853 |
| #8 | 1 | 1 | $1,853 |
| #9 | 1 | 1 | $1,853 |
| #10 | 1 | 1 | $1,853 |
| #11 | 1 | 1 | $1,853 |
| #12 | 1 | 1 | $1,853 |
| #13 | 1 | 1 | $1,853 |
| #14 | 1 | 1 | $1,853 |
| #15 | 1 | 1 | $1,853 |
| #16 | 1 | 1 | $1,853 |
| #17 | 1 | 1 | $1,853 |
| #18 | 1 | 1 | $1,853 |
| #19 | 1 | 1 | $1,853 |
| #20 | 1 | 1 | $1,853 |
| #21 | 1 | 1 | $1,853 |
| #22 | 1 | 1 | $1,853 |
| #23 | 1 | 1 | $1,853 |
| #24 | 1 | 1 | $1,853 |
| #25 | 1 | 1 | $1,853 |
| #26 | 1 | 1 | $1,853 |
| #27 | 1 | 1 | $1,853 |
| #28 | 1 | 1 | $1,853 |
| #29 | 1 | 1 | $1,853 |
| #30 | 1 | 1 | $1,853 |
| #31 | 1 | 1 | $1,853 |
| #32 | 1 | 1 | $1,853 |
| #33 | 1 | 1 | $1,853 |
| #34 | 1 | 1 | $1,853 |
| #35 | 1 | 1 | $1,853 |
| #36 | 1 | 1 | $1,853 |
| #37 | 1 | 1 | $1,853 |
| #38 | 1 | 1 | $1,853 |
| #39 | 1 | 1 | $1,853 |
| #40 | 1 | 1 | $1,853 |
| #41 | 1 | 1 | $1,853 |
| #42 | 1 | 1 | $1,853 |
| #43 | 1 | 1 | $1,853 |
| #44 | 1 | 1 | $1,853 |
| #45 | 1 | 1 | $1,853 |
| #46 | 1 | 1 | $1,853 |
| #47 | 1 | 1 | $1,853 |
| #48 | 1 | 1 | $1,853 |
| #49 | 1 | 1 | $1,853 |
| #50 | 1 | 1 | $1,853 |
| #51 | 1 | 1 | $1,853 |
| #52 | 1 | 1 | $1,853 |
| #53 | 1 | 1 | $1,853 |
| #54 | 1 | 1 | $1,853 |
| #55 | 1 | 1 | $1,853 |
| #56 | 1 | 1 | $1,853 |
| #57 | 1 | 1 | $1,853 |
| #58 | 1 | 1 | $1,853 |
| #59 | 1 | 1 | $1,853 |
| #60 | 1 | 1 | $1,853 |
| #61 | 1 | 1 | $1,853 |
| #62 | 1 | 1 | $1,853 |
| #63 | 1 | 1 | $1,853 |
| #64 | 1 | 1 | $1,853 |
| #65 | 1 | 1 | $1,853 |
| #66 | 1 | 1 | $1,853 |
| #67 | 1 | 1 | $1,853 |
| #68 | 1 | 1 | $1,853 |
| #69 | 1 | 1 | $1,853 |
| #70 | 1 | 1 | $1,853 |
| Total (70 units) | $129,730 | ||
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
- $750,000
- Closing costs
- $90,000
- 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.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2238 Eastlake Ave Unit 3/4 Lincoln Heights, CA | 2.0 | 1.0 | 900 | $2,250 | $2.50 | 43d | 1 | 0.27mi |
| 3711 Baldwin St Los Angeles, CA | 2.0–3.0 | 2.0–2.5 | 1105 | $2,995 | $2.71 | 16d | 2 | 0.34mi |
| 3711 Baldwin St Rm 3 Los Angeles, CA | 1.0 | 1.0 | 109 | $1,200 | $11.01 | 22d | 1 | 0.34mi |
| 2008 Griffin Ave Lincoln Heights, CA | 1.0 | 1.0 | 785 | $1,800 | $2.29 | 24d | 1 | 0.37mi |
| 2008 Griffin Ave Lincoln Heights, CA | 1.0 | 1.0 | 785 | $1,800 | $2.29 | 43d | 1 | 0.37mi |
| 2349 Lincoln Park Ave Los Angeles, CA | 1.0 | 1.0 | 600 | $1,795 | $2.99 | 43d | 1 | 0.40mi |
| 1821 Sichel St Apt 6 Los Angeles, CA | 3.0 | 2.0 | 981 | $2,500 | $2.55 | 24d | 1 | 0.52mi |
| 4106 Abner St Los Angeles, CA | 2.0 | 1.0 | 800 | $2,200 | $2.75 | 43d | 1 | 0.56mi |
| 4106 Abner St Los Angeles, CA | 2.0 | 1.0 | 800 | $2,100 | $2.62 | 14d | 1 | 0.56mi |
| 1638 N Soto St Los Angeles, CA | 1.0 | 1.0 | 150 | $1,235 | $8.23 | 43d | 1 | 0.56mi |
| 3020 Altura St Apt 3 Lincoln Heights, CA | 1.0 | 1.0 | 600 | $1,850 | $3.08 | 22d | 1 | 0.57mi |
| 1743 Sichel St Los Angeles, CA | 1.0 | 1.0 | 450 | $1,550 | $3.44 | 43d | 1 | 0.58mi |
| 1922 1/4 Daly St Los Angeles, CA | 1.0 | 1.0 | — | $1,895 | — | 14d | 1 | 0.60mi |
| 1709 Sichel St Unit 1711 Lincoln Heights, CA | 1.0 | 1.0 | 702 | $2,150 | $3.06 | 3d | 1 | 0.62mi |
| 2422 Sichel St Los Angeles, CA | 1.0 | 1.0 | 680 | $1,895 | $2.79 | 24d | 1 | 0.63mi |
| 1740 Workman St Unit 214 Lincoln Heights, CA | 1.0 | 1.0 | 650 | $1,750 | $2.69 | 19d | 1 | 0.65mi |
| 1740 Workman St Unit 101 Lincoln Heights, CA | 1.0 | 1.0 | 650 | $1,850 | $2.85 | 19d | 1 | 0.65mi |
| 1740 Workman St Unit 105 Lincoln Heights, CA | 1.0 | 1.0 | 650 | $1,725 | $2.65 | 43d | 1 | 0.65mi |
| 1734 Workman St Unit 311 Lincoln Heights, CA | 1.0 | 1.0 | 650 | $1,775 | $2.73 | 43d | 1 | 0.65mi |
| 1542 Ricardo St Los Angeles, CA | 3.0 | 2.0 | 1600 | $3,500 | $2.19 | 43d | 1 | 0.66mi |
| 2819 Altura St Los Angeles, CA | 2.0 | 1.0 | 720 | $2,250 | $3.12 | 2d | 1 | 0.68mi |
| 1460 Ricardo St Los Angeles, CA | 2.0 | 1.0 | — | $2,895 | — | 22d | 1 | 0.70mi |
| 1366 N Soto St Los Angeles, CA | 2.0 | 1.0 | 780 | $2,795 | $3.58 | 24d | 1 | 0.70mi |
| 1529 Tremont St Unit 1/2 Los Angeles, CA | 1.0 | 1.0 | 650 | $1,900 | $2.92 | 1d | 1 | 0.70mi |
| 2536 Griffin Ave Los Angeles, CA | 2.0 | 1.0 | 900 | $3,500 | $3.89 | 43d | 1 | 0.70mi |
| 236 South Avenue 24 Unit A01 Lincoln Heights, CA | 2.0 | 1.0 | 950 | $2,299 | $2.42 | 7d | 1 | 0.73mi |
| 3608 Pomona St Unit House Los Angeles, CA | 3.0 | 2.0 | 800 | $3,200 | $4.00 | 3d | 1 | 0.74mi |
| 2573 1/2 Lancaster Ave Unit 2522 Los Angeles, CA | 1.0 | 1.0 | 500 | $2,200 | $4.40 | 7d | 1 | 0.75mi |
| 1411 Tremont St Unit 2 Los Angeles, CA | 3.0 | 3.0 | 1400 | $3,795 | $2.71 | 3d | 1 | 0.77mi |
| 1411 Tremont St Unit 2 Los Angeles, CA | 3.0 | 3.0 | — | $3,795 | — | 24d | 1 | 0.77mi |
| 2620 Commodore St Los Angeles, CA | 1.0 | 1.0 | 600 | $1,800 | $3.00 | 43d | 1 | 0.79mi |
| 323 1/4 South Avenue 20 Los Angeles, CA | 1.0 | 1.0 | 599 | $2,287 | $3.82 | 43d | 1 | 0.80mi |
| 323 S Avenue 20 Los Angeles, CA | 1.0 | 1.0 | 599 | $2,287 | $3.82 | 43d | 1 | 0.80mi |
| 1126 Cornwell St Los Angeles, CA | 1.0–2.0 | 1.0–2.0 | 887 | $3,095 | $3.49 | 2d | 4 | 0.81mi |
| 1220 1/4 N Soto St Los Angeles, CA | 1.0 | 1.0 | 525 | $1,549 | $2.95 | 7d | 1 | 0.82mi |
| 2416 Chelsea St Unit 2406 Los Angeles, CA | 1.0 | 1.0 | 525 | $1,549 | $2.95 | 24d | 1 | 0.82mi |
| 2910 Lincoln Park Ave Los Angeles, CA | 3.0 | 2.0 | 1533 | $4,500 | $2.94 | 43d | 1 | 0.83mi |
| 1003 Clement St Los Angeles, CA | 1.0 | 1.0 | — | $1,500 | — | 15d | 1 | 0.85mi |
| 1041 N Cummings St Los Angeles, CA | 1.0 | 1.0 | 707 | $2,150 | $3.04 | 24d | 1 | 0.85mi |
| 1030 Brittania St Los Angeles, CA | 1.0 | 1.0 | 500 | $1,775 | $3.55 | 43d | 1 | 0.87mi |
Listing history 20 events
-
2026-06-18days on market $3,000,000 Active 22 DOM
-
2026-06-17days on market $3,000,000 Active 21 DOM
-
2026-06-16days on market $3,000,000 Active 20 DOM
-
2026-06-15days on market $3,000,000 Active 19 DOM
-
2026-06-13days on market $3,000,000 Active 17 DOM
-
2026-06-09days on market $3,000,000 Active 13 DOM
-
2026-06-08days on market $3,000,000 Active 12 DOM
-
2026-06-07days on market $3,000,000 Active 11 DOM
-
2026-06-04days on market $3,000,000 Active 8 DOM
-
2026-06-03days on market $3,000,000 Active 7 DOM
-
2026-06-02days on market $3,000,000 Active 6 DOM
-
2026-06-01days on market $3,000,000 Active 5 DOM
-
2026-05-31days on market $3,000,000 Active 4 DOM
-
2026-05-27$3,000,000 Active
-
2024-07-16soldstatus $66,000 Closed Sale 851-char remark
Show marketing remark (851 chars)
Don't miss this amazing opportunity to own in a highly desired area of Los Angeles. Minutes away from USC Keck Medicine Queen Anne Recreation Center Brewery Art Walk University of Southern California (USC) San Antonio Winery Dodger Stadium Property is being sold AS-IS. City allows up to 3 dwellings per parcel (with additional 3 ADU's) per parcel Call city for further info. All units (1 bed/1 bath) all currently occupied. Buyer/Buyer's Agent to conduct their due diligence in verifying any/all info prior to submission of offer included but not limited to all figures and info provided via listing. Please submit package with proof of funds, Pre-qual letter, FiCO Score & will be cross qualified by our preferred lender. Current owner expenses - Gardener, Water/Sewer (DWP) * * Please DO NOT DISTURB TENANTS/OCCUPANTS * *
-
2024-04-01status Pending Sale 851-char remark
Show marketing remark (851 chars)
Don't miss this amazing opportunity to own in a highly desired area of Los Angeles. Minutes away from USC Keck Medicine Queen Anne Recreation Center Brewery Art Walk University of Southern California (USC) San Antonio Winery Dodger Stadium Property is being sold AS-IS. City allows up to 3 dwellings per parcel (with additional 3 ADU's) per parcel Call city for further info. All units (1 bed/1 bath) all currently occupied. Buyer/Buyer's Agent to conduct their due diligence in verifying any/all info prior to submission of offer included but not limited to all figures and info provided via listing. Please submit package with proof of funds, Pre-qual letter, FiCO Score & will be cross qualified by our preferred lender. Current owner expenses - Gardener, Water/Sewer (DWP) * * Please DO NOT DISTURB TENANTS/OCCUPANTS * *
-
2024-03-18soldstatus $66,000 Closed Sale 851-char remark
Show marketing remark (851 chars)
Don't miss this amazing opportunity to own in a highly desired area of Los Angeles. Minutes away from USC Keck Medicine Queen Anne Recreation Center Brewery Art Walk University of Southern California (USC) San Antonio Winery Dodger Stadium Property is being sold AS-IS. City allows up to 3 dwellings per parcel (with additional 3 ADU's) per parcel Call city for further info. All units (1 bed/1 bath) all currently occupied. Buyer/Buyer's Agent to conduct their due diligence in verifying any/all info prior to submission of offer included but not limited to all figures and info provided via listing. Please submit package with proof of funds, Pre-qual letter, FiCO Score & will be cross qualified by our preferred lender. Current owner expenses - Gardener, Water/Sewer (DWP) * * Please DO NOT DISTURB TENANTS/OCCUPANTS * *
-
2024-02-27status Pending Sale 851-char remark
Show marketing remark (851 chars)
Don't miss this amazing opportunity to own in a highly desired area of Los Angeles. Minutes away from USC Keck Medicine Queen Anne Recreation Center Brewery Art Walk University of Southern California (USC) San Antonio Winery Dodger Stadium Property is being sold AS-IS. City allows up to 3 dwellings per parcel (with additional 3 ADU's) per parcel Call city for further info. All units (1 bed/1 bath) all currently occupied. Buyer/Buyer's Agent to conduct their due diligence in verifying any/all info prior to submission of offer included but not limited to all figures and info provided via listing. Please submit package with proof of funds, Pre-qual letter, FiCO Score & will be cross qualified by our preferred lender. Current owner expenses - Gardener, Water/Sewer (DWP) * * Please DO NOT DISTURB TENANTS/OCCUPANTS * *
-
2024-01-16historical Active Under Contract 851-char remark
Show marketing remark (851 chars)
Don't miss this amazing opportunity to own in a highly desired area of Los Angeles. Minutes away from USC Keck Medicine Queen Anne Recreation Center Brewery Art Walk University of Southern California (USC) San Antonio Winery Dodger Stadium Property is being sold AS-IS. City allows up to 3 dwellings per parcel (with additional 3 ADU's) per parcel Call city for further info. All units (1 bed/1 bath) all currently occupied. Buyer/Buyer's Agent to conduct their due diligence in verifying any/all info prior to submission of offer included but not limited to all figures and info provided via listing. Please submit package with proof of funds, Pre-qual letter, FiCO Score & will be cross qualified by our preferred lender. Current owner expenses - Gardener, Water/Sewer (DWP) * * Please DO NOT DISTURB TENANTS/OCCUPANTS * *
-
2024-01-09$620,000 Active 851-char remark
Show marketing remark (851 chars)
Don't miss this amazing opportunity to own in a highly desired area of Los Angeles. Minutes away from USC Keck Medicine Queen Anne Recreation Center Brewery Art Walk University of Southern California (USC) San Antonio Winery Dodger Stadium Property is being sold AS-IS. City allows up to 3 dwellings per parcel (with additional 3 ADU's) per parcel Call city for further info. All units (1 bed/1 bath) all currently occupied. Buyer/Buyer's Agent to conduct their due diligence in verifying any/all info prior to submission of offer included but not limited to all figures and info provided via listing. Please submit package with proof of funds, Pre-qual letter, FiCO Score & will be cross qualified by our preferred lender. Current owner expenses - Gardener, Water/Sewer (DWP) * * Please DO NOT DISTURB TENANTS/OCCUPANTS * *
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 ≥96°F today · 22 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
- $1,556,760
- − Mortgage interest
- −$168,047
- − Property taxes
- −$45,000
- − Insurance
- −$15,000
- − Repairs & maintenance
- −$124,541
- − Management
- −$124,541
- − Depreciation
- −$87,273
- Taxable income
- $992,359
- Est. tax owed @ 24.0%
- −$238,166
- After-tax cash flow
- $742,886/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.
Condition & rehab AI · 9 photos
This multi-family property is in excellent condition with a modern exterior and well-maintained interior. It offers a great opportunity for investors looking to capitalize on the area's growth and demand for affordable housing.
Value-add opportunities
- Both Landscaping and curb appeal improvements — Enhances curb appeal and can attract more buyers/renters
- Both Interior updates — Can improve the aesthetic and functionality of the interior, increasing both resale and rental value
Renovation cost estimate screening
Value-add ROI direction
- Both Landscaping and curb appeal improvements — Enhances curb appeal and can attract more buyers/renters ↑
- Both Interior updates — Can improve the aesthetic and functionality of the interior, increasing both resale and rental value ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
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)
- 36,127
- Household income
- $63,090
- Rent vs Own
- Severe rent burden
- 2683.0
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 0.57)
- Race & ethnicity
- Hispanic / Latino 57% Asian 29% Two or more races 11% White 9% Native American 2% Black 2%
- Hispanic origin (detail)
- Mexican 40%
- Common ancestry
- Italian 1% Slovak 1%
- Foreign-born
- 46% · Canada, China, Vietnam
- Languages at home
- 26% English-only · Spanish 48% Chinese 14% Other Asian/Pacific 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
- ▼ -762.68%
- Current HPI
- 523.6412
- Rent YoY
- ▲ 5.11%
- 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
+383.9% since first listed7 events — show timeline
- 2026-05-27 Listed $3,000,000 TheMLS
- 2024-07-16 Sold (MLS) $66,000 CRMLS
- 2024-04-01 Pending — CRMLS
- 2024-03-18 Sold (MLS) $66,000 CRMLS
- 2024-02-27 Pending — CRMLS
- 2024-01-16 Contingent — CRMLS
- 2024-01-09 Listed $620,000 CRMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…