Excellent Investment Property with a lot of Potential! The owner has been well maintained and upgraded throughout the property. All four units are two beds and one bath. All units have each own laundry room. Each unit has independent utilities meters and tenants pays all utilities. Excellent location for short drive to the 10 freeways to commutes. Currently, all units are occupied. Very clean street and quiet neighborhood. Buyer to do due diligence and do not disturb tenant!
Sold for $449,000 on 12/14/23
$449,000
2940 9th Ave, Los Angeles, CA 90018
8beds
3,996sqft
MultiFamily
Built in 1927
-- sqft lot
$1,043,200 Zestimate®
$112/sqft
$2,820 Estimated rent
Home value
$1,043,200
$835,000 - $1.28M
$2,820/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Other, Wall
Features
- Flooring: Other, Carpet, Hardwood
Interior area
- Total interior livable area: 3,996 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
Lot
- Size: 7,435 sqft
Details
- Parcel number: 5051021010
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1927
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- Agreement Type: Excl Rt Sell/Lease
- Property Subtype 1: Residential Income
- Laundry Locations: Inside, Laundry Area
- Service Level: Full Service
- State: CA
- Transaction Type: Sale
- Lot Size Source: (Public Records)
- Landlord Pays For: Water, Gardener
- Flooring: Wood/Wood Like, Carpet, Other
- Lot Description: Fenced, Front Yard
- Possession: Close Of Escrow
- Showing Access: Accepted Offer, Drive By, Subject To Inspectn
- Tenant Pays For: Electricity, Gas
- Square Footage Source: Public Records
- Street Suffix: Avenue
- Heating Type: Other, Wall Heater
- Subdiv/Trac Code: Not Applicable-C16
- Security/Safety: Fire & Smoke Det Sys
- Special Conditions: Standard
- Stories/Levels: Two
- Tax ID: 5051021010
Price history
| Date | Event | Price |
|---|---|---|
| 12/14/2023 | Sold | $449,000-30.9%$112/sqft |
Source: Public Record | ||
| 10/28/2022 | Sold | $650,000+18.4%$163/sqft |
Source: Public Record | ||
| 9/13/2022 | Contingent | $549,000$137/sqft |
Source:  CLAW #22-191499 | ||
| 8/25/2022 | Listed for sale | $549,000-59.9%$137/sqft |
Source: CLAW #22-191499 | ||
| 12/2/2021 | Sold | $1,370,000-2.1%$343/sqft |
Source:  Glendale AOR ZDD #320007694 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,129 +1% | $2,986,580 +2% |
| 2024 | $35,758 +75.9% | $2,928,020 +77.6% |
| 2023 | $20,329 +22.5% | $1,649,050 +20.4% |
Find assessor info on the county website
Neighborhood: Jefferson Park
Nearby schools
GreatSchools rating
- 6/10Sixth Avenue Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Susan Miller Dorsey Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,043,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,043,200