Fourplex
926 Spence · 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 94°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 9 days/yr
- Unhealthy air days in 30 yrs
- 9 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 +18.9/30.0
- ARV discount +12.9/15.0
- DSCR +5.9/10.0
- 1% rule +5.0/10.0
- Schools +3.6/10.0
- Livability +3.4/5.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$798,988
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed
Listing remarks MLS
MOVE IN READY, LIVE IN 1, RENT OUT THE OTHERS! 3 Units with 3 bedroom 2 bath home delivered vacant. Rare find so close to downtown LA, where you can live in 1 unit and have 2 more units pay you rent. The 3-bed, 2-bath was never a rental property and sits next to an oversized 2-car garage with workshop, a perfect layout for an ADU. The primary residence, tucked privately in the rear building, features 3 beds and 2 baths. Large living room, formal dining room, big kitchen, indoor laundry, hardwood floors, and lots of natural light. The master bedroom has a huge private bathroom, and a long hallway for the additional bedrooms makes for conversion to Air-BNB type rental, easy. The front building offers 2 oversized 1 bed, 1 bath units with reliable, long-term tenants already in place, providing immediate passive income to make your mortgage feel like rent. The property also includes a massive, standalone two-car garage with a built-in workshop, perfectly positioned for a future ADU conversion, home office, or fourth rental income stream. This isn’t just a starter home; it’s a strategic investment in your future. Whether you are looking to live for a fraction of the cost or maximize your investment portfolio, this compound delivers versatility that a standard single-family home simply can't match. Don't just move in—move up. Schedule your tour today and see how this property can start working for you.
Key facts
- Three-unit compound
- Separate gas meters
- Sprawling lot
Tags
Property features AI
Finance
- Other: Building area reported around 2,990 total; Average unit sizes: ~1,200 for 3-bed, ~850 for 1-bed
- Financial info: Gross scheduled income approximately $35,000; Total actual rent currently $2,920; Individual unit rents: $1,260 and $1,660 (two units listed); third unit rent not listed; Net operating income approximately $28,400; Operating expenses approximately $6,600 (breakdown includes insurance, trash, water/sewer, gardener); Rent control applies
- HOA & community: Neighborhood includes street lighting and sidewalks; Urban/suburban setting
Exterior
- Parking: Total parking for 8 vehicles; Detached 2-car garage; 1 covered carport space; 5 uncovered parking spaces; On-site workshop
- Utilities: Public sewer; District/public water; Three separate electric meters; Three separate gas meters; One separate water meter
- Home design: Single-story property; Total of 3 dwelling units across 2 buildings; No accessory dwelling unit (ADU)
- Construction: Year built from assessor records
- Exterior features: Front yard; Lawn; Yard; No pool
Interior
- Kitchen: Kitchens included in each unit
- Bedrooms: One 3-bedroom unit; Two 1-bedroom units
- Bathrooms: One unit with 2 full bathrooms; Two units with 1 full bathroom each
- Interior features: One-level layout; Ground-level entry; No shared/common walls
- Laundry & utility: Laundry inside with washer hookup; Washer hookup noted; see remarks for details
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1×3bd/2ba + 3×1bd/1ba units multifamily listed at $799k.
Deal economics
- At list price, monthly cash flow is $815 ($10k/yr) — positive. Per door: $204/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($8k rent vs $799k).
- Recommended offer: $775k (3.0% below list) — sets the bar for market timing.
- Cap rate 7.5% 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; 57 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 $8,021/mo this rent would consume 163% of the median local household income ($59k/yr) (locally 2670% 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 $6k of loan paydown is wiped out by about $24k 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 43 days — a 3% lower offer ($775k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $100k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1932 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→21/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 43 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 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.00% ✓
- Cap rate
- 7.52%
- Cash-on-cash
- 4.37%
- DSCR
- 1.19
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $907,037
- List price
- $798,988
- Delta
- -11.91%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3453 Estrada | 0.46mi | 2/2.0 (-1) | 1,248 (+4%) | 5mo | $800,000 | $641 | 58 |
| 1156 S Alma Ave | 0.63mi | 2/3.0 (-1) | 1,224 (+2%) | 9mo | $400,000 | $327 | 54 |
| 453-455 S Rowan Ave | 0.73mi | 4/3.0 (+1) | 1,242 (+4%) | 3mo | $750,000 | $604 | 52 |
| 730 S Eastman Ave | 0.74mi | 4/— (+1) | 1,217 (+2%) | 11mo | $700,000 | $575 | 48 |
| 3330 Gleason | 0.75mi | 4/2.0 (+1) | 1,300 (+9%) | 1mo | $695,000 | $535 | 41 |
| 3411 Hunter St | 0.53mi | 4/3.0 (+1) | 1,346 (+13%) | 14mo | $780,000 | $579 | 38 |
| 520 S Concord St | 0.48mi | 4/2.0 (+1) | 1,356 (+14%) | 14mo | $799,000 | $589 | 35 |
| 1182 Mirasol St | 0.43mi | 4/2.0 (+1) | 1,346 (+13%) | 20mo | $775,000 | $576 | 33 |
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 · 0.21% rent growth · sell at horizon
- IRR
- -12.7%
- Equity multiple
- 0.56×
- Total profit
- $-99,350
- Equity at exit
- $119,132
- IRR
- -8.5%
- Equity multiple
- 0.53×
- Total profit
- $-104,194
- Equity at exit
- $69,082
Cash invested: $223,717 (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 90023
- Rents YoY
- 0.2%
- Active inventory
- 57
- Price-to-rent
- 26.4×
Monthly cashflow live
- Estimated rent
- $8,021 medium interval (Pro) →
- Mortgage (P&I)
- −$4,190
- Tax est. 1.5%
- −$999 /mo · $11,985/yr
- Insurance
- −$333
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$1,684
- Net cashflow
- $815
Break-even live
Sensitivity live
| Price | -10% $1,367 | -5% $1,091 | +0% $815 | +5% $539 | +10% $263 |
|---|---|---|---|---|---|
| Rent | -10% $181 | -5% $498 | +0% $815 | +5% $1,132 | +10% $1,449 |
| Rate | -1.0pp $1,217 | -0.5pp $1,018 | base $815 | +0.5pp $608 | +1.0pp $397 |
4-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 1× unit | 3 | 2 | $2,524 |
| 3× units | 1 | 1 | $5,496 |
| #2 | 1 | 1 | $1,832 |
| #3 | 1 | 1 | $1,832 |
| #4 | 1 | 1 | $1,832 |
| Total (4 units) | $8,021 | ||
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
- $199,747
- Closing costs
- $23,970
- 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 |
|---|---|---|---|---|---|---|---|---|
| 929 S Lorena St Los Angeles, CA | 3.0 | 2.5 | 1312 | $3,200 | $2.44 | 18d | 1 | 0.17mi |
| 929 S Lorena St Unit LORENA(929F) Los Angeles, CA | 3.0 | 3.0 | 1200 | $3,200 | $2.67 | 17d | 1 | 0.17mi |
| 969 S Lorena St Unit 1/2 Commerce, CA | 2.0 | 2.5 | 1100 | $2,600 | $2.36 | 6d | 1 | 0.20mi |
| 969 S Lorena St Unit 1/2 Commerce, CA | 2.0 | 2.5 | 1100 | $2,600 | $2.36 | 8d | 1 | 0.20mi |
| 3466 E 8th St Los Angeles, CA | 3.0 | 1.0 | 1104 | $3,150 | $2.85 | 8d | 1 | 0.44mi |
| 3751 E 6th St Los Angeles, CA | 3.0 | 2.0 | 1211 | $3,700 | $3.06 | 25d | 1 | 0.51mi |
| 3436 Hunter St Unit 1/2 Los Angeles, CA | 3.0 | 3.0 | 1300 | $3,208 | $2.47 | 15d | 1 | 0.55mi |
| 1129 La Puerta St Los Angeles, CA | 3.0 | 1.0 | 844 | $3,600 | $4.27 | 44d | 1 | 0.56mi |
| 3824 Princeton St Los Angeles, CA | 2.0 | 1.0 | 980 | $2,380 | $2.43 | 14d | 1 | 0.61mi |
| 3517 1/2 E 2nd St Los Angeles, CA | 4.0 | 3.0 | 1250 | $3,995 | $3.20 | 18d | 1 | 0.68mi |
| 1125 S Evergreen Ave Unit 1 Los Angeles, CA | 3.0 | 1.0 | 819 | $2,800 | $3.42 | 0d | 1 | 0.72mi |
| 2853 E 6th St Unit 2 Los Angeles, CA | 2.0 | 1.0 | 1000 | $2,800 | $2.80 | 44d | 1 | 0.72mi |
| 2855 1/2 E 6th St Los Angeles, CA | 3.0 | 1.0 | 1000 | $3,500 | $3.50 | 44d | 1 | 0.72mi |
| 1157 S Townsend Ave Los Angeles, CA | 3.0 | 1.0 | 700 | $2,775 | $3.96 | 25d | 1 | 0.75mi |
| 2752 Guirado St Los Angeles, CA | 3.0 | 2.0 | 1100 | $3,300 | $3.00 | 14d | 1 | 0.81mi |
| 609 Camulos St Los Angeles, CA | 3.0 | 1.0 | 1434 | $2,800 | $1.95 | 44d | 1 | 0.82mi |
| 455 Nassau Ave Los Angeles, CA | 2.0 | 2.0 | 1500 | $3,000 | $2.00 | 19d | 1 | 0.82mi |
| 477 Nassau Ave Unit 0479 Los Angeles, CA | 3.0 | 2.0 | 1450 | $3,895 | $2.69 | 44d | 1 | 0.84mi |
| 132 N Ditman Ave Los Angeles, CA | 3.0 | 2.0 | 1000 | $2,875 | $2.88 | 25d | 1 | 0.95mi |
| 460 S Mott St Los Angeles, CA | 2.0 | 2.0 | 736 | $3,500 | $4.76 | 44d | 1 | 0.96mi |
| 2901 E Olympic Blvd Los Angeles, CA | 2.0 | 1.0 | 565 | $2,400 | $4.25 | 44d | 14 | 0.96mi |
| 2901 E Olympic Blvd Los Angeles, CA | 2.0 | 1.0 | 565 | $2,400 | $4.25 | 0d | 8 | 0.96mi |
| 1140 S Record Ave Los Angeles, CA | 2.0 | 1.0 | 800 | $2,700 | $3.38 | 44d | 1 | 1.06mi |
| 1050 1/2 S Bonnie Beach Pl Los Angeles, CA | 2.0 | 1.5 | 985 | $2,562 | $2.60 | 25d | 1 | 1.10mi |
| 702 S Soto St Unit 704 Los Angeles, CA | 3.0 | 2.5 | 1288 | $3,500 | $2.72 | 44d | 1 | 1.11mi |
| 321 S Fickett St Unit 503 Los Angeles, CA | 2.0 | 1.0 | 900 | $2,495 | $2.77 | 8d | 1 | 1.14mi |
| 215 S Fickett St Unit 5 Los Angeles, CA | 2.0 | 1.0 | 750 | $1,913 | $2.55 | 11d | 1 | 1.16mi |
| 215 S Fickett St Unit 5 Los Angeles, CA | 2.0 | 1.0 | 750 | $1,913 | $2.55 | 8d | 1 | 1.16mi |
| 319 N Rowan Ave Los Angeles, CA | 3.0 | 2.0 | 1184 | $3,650 | $3.08 | 17d | 1 | 1.16mi |
| 319 N Rowan Ave Los Angeles, CA | 3.0 | 2.0 | 1184 | $3,650 | $3.08 | 25d | 1 | 1.16mi |
| 924 S Sunol Dr Unit 1/2 Los Angeles, CA | 3.0 | 2.0 | 1040 | $3,000 | $2.88 | 25d | 1 | 1.17mi |
| 958 S Breed St Los Angeles, CA | 4.0 | 3.0 | 1500 | $3,395 | $2.26 | 25d | 1 | 1.18mi |
| 960 1/2 S Breed St Los Angeles, CA | 4.0 | 3.0 | 1500 | $3,595 | $2.40 | 17d | 1 | 1.18mi |
| 472 N Ezra St Los Angeles, CA | 4.0 | 2.0 | 1056 | $3,650 | $3.46 | 25d | 1 | 1.21mi |
| 215 N Fickett St Los Angeles, CA | 2.0 | 1.0 | 750 | $1,913 | $2.55 | 12d | 1 | 1.31mi |
| 215 N Fickett St Unit 5 Los Angeles, CA | 2.0 | 1.0 | 750 | $1,913 | $2.55 | 15d | 1 | 1.31mi |
| 215 N Fickett St Unit 5 Los Angeles, CA | 2.0 | 1.0 | 750 | $1,913 | $2.55 | 6d | 1 | 1.31mi |
| 215 N Fickett St Unit 5 Los Angeles, CA | 2.0 | 1.0 | 750 | $1,913 | $2.55 | 4d | 1 | 1.31mi |
| 215 N Fickett St Los Angeles, CA | 2.0 | 1.0 | 750 | $2,195 | $2.93 | 17d | 1 | 1.31mi |
| 2819 Folsom St Los Angeles, CA | 2.0 | 1.0 | 800 | $2,800 | $3.50 | 44d | 1 | 1.36mi |
Listing history 16 events
-
2026-06-18days on market $798,988 Active 43 DOM
-
2026-06-17days on market $798,988 Active 42 DOM
-
2026-06-16days on market $798,988 Active 41 DOM
-
2026-06-15days on market $798,988 Active 40 DOM
-
2026-06-13days on market $798,988 Active 38 DOM
-
2026-06-09days on market $798,988 Active 34 DOM
-
2026-06-08days on market $798,988 Active 33 DOM
-
2026-06-07days on market $798,988 Active 32 DOM
-
2026-06-04remarks 699-char remark
Show marketing remark (1436 chars)
MOVE IN READY, LIVE IN 1, RENT OUT THE OTHERS! 3 Units with 3 bedroom 2 bath home delivered vacant. Rare find so close to downtown LA, where you can live in 1 unit and have 2 more units pay you rent. The 3-bed, 2-bath was never a rental property and sits next to an oversized 2-car garage with workshop, a perfect layout for an ADU. The primary residence, tucked privately in the rear building, features 3 beds and 2 baths. Large living room, formal dining room, big kitchen, indoor laundry, hardwood floors, and lots of natural light. The master bedroom has a huge private bathroom, and a long hallway for the additional bedrooms makes for conversion to Air-BNB type rental, easy. The front building offers 2 oversized 1 bed, 1 bath units with reliable, long-term tenants already in place, providing immediate passive income to make your mortgage feel like rent. The property also includes a massive, standalone two-car garage with a built-in workshop, perfectly positioned for a future ADU conversion, home office, or fourth rental income stream. This isn’t just a starter home; it’s a strategic investment in your future. Whether you are looking to live for a fraction of the cost or maximize your investment portfolio, this compound delivers versatility that a standard single-family home simply can't match. Don't just move in—move up. Schedule your tour today and see how this property can start working for you.
-
2026-06-04pricedays on market $798,988 Active 29 DOM
Show marketing remark (1436 chars)
MOVE IN READY, LIVE IN 1, RENT OUT THE OTHERS! 3 Units with 3 bedroom 2 bath home delivered vacant. Rare find so close to downtown LA, where you can live in 1 unit and have 2 more units pay you rent. The 3-bed, 2-bath was never a rental property and sits next to an oversized 2-car garage with workshop, a perfect layout for an ADU. The primary residence, tucked privately in the rear building, features 3 beds and 2 baths. Large living room, formal dining room, big kitchen, indoor laundry, hardwood floors, and lots of natural light. The master bedroom has a huge private bathroom, and a long hallway for the additional bedrooms makes for conversion to Air-BNB type rental, easy. The front building offers 2 oversized 1 bed, 1 bath units with reliable, long-term tenants already in place, providing immediate passive income to make your mortgage feel like rent. The property also includes a massive, standalone two-car garage with a built-in workshop, perfectly positioned for a future ADU conversion, home office, or fourth rental income stream. This isn’t just a starter home; it’s a strategic investment in your future. Whether you are looking to live for a fraction of the cost or maximize your investment portfolio, this compound delivers versatility that a standard single-family home simply can't match. Don't just move in—move up. Schedule your tour today and see how this property can start working for you.
-
2026-06-03days on market $799,000 Active 28 DOM
-
2026-06-02days on market $799,000 Active 27 DOM
-
2026-06-01days on market $799,000 Active 26 DOM
-
2026-05-31days on market $799,000 Active 25 DOM
-
2026-05-06$899,000 Active 1595-char remark
-
2026-05-01$899,000 Active 1186-char remark
Show marketing remark (1436 chars)
MOVE IN READY, LIVE IN 1, RENT OUT THE OTHERS! 3 Units with 3 bedroom 2 bath home delivered vacant. Rare find so close to downtown LA, where you can live in 1 unit and have 2 more units pay you rent. The 3-bed, 2-bath was never a rental property and sits next to an oversized 2-car garage with workshop, a perfect layout for an ADU. The primary residence, tucked privately in the rear building, features 3 beds and 2 baths. Large living room, formal dining room, big kitchen, indoor laundry, hardwood floors, and lots of natural light. The master bedroom has a huge private bathroom, and a long hallway for the additional bedrooms makes for conversion to Air-BNB type rental, easy. The front building offers 2 oversized 1 bed, 1 bath units with reliable, long-term tenants already in place, providing immediate passive income to make your mortgage feel like rent. The property also includes a massive, standalone two-car garage with a built-in workshop, perfectly positioned for a future ADU conversion, home office, or fourth rental income stream. This isn’t just a starter home; it’s a strategic investment in your future. Whether you are looking to live for a fraction of the cost or maximize your investment portfolio, this compound delivers versatility that a standard single-family home simply can't match. Don't just move in—move up. Schedule your tour today and see how this property can start working for you.
ⓘ 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 ≥94°F today · 21 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 5/10 Major 9 unhealthy d/yr today · 9 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
- $96,252
- − Mortgage interest
- −$44,756
- − Property taxes
- −$11,985
- − Insurance
- −$3,995
- − Repairs & maintenance
- −$7,700
- − Management
- −$7,700
- − Depreciation
- −$23,243
- Taxable loss
- −$3,127
- Est. tax savings @ 24.0%
- +$751
- After-tax cash flow
- $10,530/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)
- 43,857
- Household income
- $59,057
- Rent vs Own
- Severe rent burden
- 2670.0
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
- Predominantly Hispanic (96%)
- Race & ethnicity
- Hispanic / Latino 96% Two or more races 17% Native American 2% White 2%
- Hispanic origin (detail)
- Mexican 80%
- Common ancestry
- Italian 1%
- Foreign-born
- 41% · Canada, Jamaica
- Languages at home
- 16% English-only · Spanish 83%
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
- ▼ -702.74%
- Current HPI
- 430.9762
- 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 |
|
||
| Financial Services | 3 | $174B |
|
||
| Retail | 3 | $44B |
|
||
| Insurance | 3 | $26B |
|
||
| Media / Entertainment | 2 | $115B |
|
||
| Pharmaceuticals / Biotech | 2 | $62B |
|
||
Price history
-11.1% since first listed6 events — show timeline
- 2026-06-04 Price Changed $798,988 CRMLS
- 2026-06-04 Price Changed $798,988 CRMLS
- 2026-05-23 Price Changed $799,000 CRMLS
- 2026-05-23 Price Changed $799,000 CRMLS
- 2026-05-06 Listed $899,000 CRMLS
- 2026-05-01 Listed $899,000 CRMLS
Property tax history
+2.2%/yrLatest (2025): $1,415 · +3.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…