7024 La Tijera Boulevard, Los Angeles, California 90045, Los Angeles, 90045 - bed, bath
ACTIVE$1,550,000
7024 La Tijera Boulevard, Los Angeles, California 90045
0Bed
0Bath
3,630Sqft
7,971Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: Explicitly marketed as a 'Prime Los Angeles Investment Opportunity' with 'significant upside in current rents' and 'substantial cash flow growth'.
Top Cons:
Property Age & Potential for Updates: Built in 1948, the property may have older systems and unit interiors that could require significant renovation or modernization to achieve top market rents.
Compared to the nearby listings
Price:$1.55M vs avg $1.24M (+$306,250)88%
Size:3,630 sqft vs avg 2,284 sqft88%
Price/sqft:$427 vs avg $60338%
More Insights
Built in 1948 (77 years old).
Condition: The property was built in 1948, making it 76 years old. While the description highlights 'meticulously maintained' and 'exceptional care,' and the exterior appears well-kept, there's no evidence of extensive recent renovations (within the last 15-30 years) that would elevate its condition. The inclusion of in-unit laundry suggests some updates, but without interior photos, it's assumed that kitchens and bathrooms are functional but likely outdated, fitting the 'aged but maintained' criteria for a 'Fair' condition.
Year Built
1948
Close
-
List price
$1.55M
Original List price
$1.65M
Price/Sqft
$427
HOA
-
Days on market
-
Sold On
-
MLS number
SB25130366
Home ConditionFair
Features
View-
About this home
Prime Los Angeles Investment Opportunity! This meticulously maintained 5-unit property in the heart of LA offers incredible potential. The front building features four spacious 2-bedroom, 1-bathroom units, each with in-unit laundry for tenant convenience. A separate rear building boasts five dedicated car garages, topped by an additional unit, also with laundry facilities. The property's serene, Zen-inspired landscaping reflects the owner's exceptional care. With significant upside in current rents, this investment promises substantial cash flow growth.
Nearby schools
4/10
Highland Elementary School
Public,•K-6•0.7mi
5/10
Westport Heights Elementary School
Public,•K-5•1.0mi
4/10
Oak Street Elementary School
Public,•K-6•1.4mi
8/10
El Rincon Elementary School
Public,•K-5•1.7mi
9/10
Cowan Avenue Elementary School
Public,•K-6•1.7mi
6/10
Kentwood Elementary School
Public,•K-5•1.8mi
8/10
Playa Del Rey Elementary School
Public,•K-5•2.0mi
5/10
Felton Elementary School
Public,•K-5•2.3mi
6/10
Buford Elementary School
Public,•K-5•2.7mi
6/10
Playa Vista Elementary
Public,•K-6•2.7mi
4/10
Loyola Village Elementary School
Public,•K-5•2.9mi
8/10
Juan De Anza Elementary School
Public,•K-5•3.6mi
4/10
Paseo Del Rey Natural Science Magnet
Public,•K-5•3.6mi
9/10
Center Street Elementary
Public,•K-5•3.8mi
9/10
Richmond Street Elementary School
Public,•K-5•4.3mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•4.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•0.6mi
2/10
Crozier (George W.) Middle School
Public,•7-8•0.8mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•1.8mi
7/10
Culver City Middle School
Public,•6-8•2.7mi
5/10
Lennox Middle School
Public,•6-8•2.8mi
9/10
Richard Henry Dana Middle School
Public,•6-8•4.5mi
2/10
Inglewood High School
Public,•9-12•1.4mi
8/10
Culver City High School
Public,•9-12•2.8mi
4/10
Westchester Enriched Sciences Magnets
Public,•9-12•3.1mi
2/10
Morningside High School
Public,•9-12•3.2mi
4/10
Hawthorne High School
Public,•9-12•4.1mi
6/10
Venice Senior High School
Public,•9-12•4.3mi
4/10
Lawndale High School
Public,•9-12•5.4mi
Condition Rating
Fair
The property was built in 1948, making it 76 years old. While the description highlights 'meticulously maintained' and 'exceptional care,' and the exterior appears well-kept, there's no evidence of extensive recent renovations (within the last 15-30 years) that would elevate its condition. The inclusion of in-unit laundry suggests some updates, but without interior photos, it's assumed that kitchens and bathrooms are functional but likely outdated, fitting the 'aged but maintained' criteria for a 'Fair' condition.
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as a 'Prime Los Angeles Investment Opportunity' with 'significant upside in current rents' and 'substantial cash flow growth'.
Multi-Unit Income Stream: A 5-unit property (four 2-bed/1-bath + one additional unit) provides diversified rental income and reduces vacancy risk.
Tenant-Centric Amenities: All units feature convenient in-unit laundry facilities, a highly desirable amenity for renters.
Dedicated Parking: The property includes five dedicated car garages, offering valuable and secure parking for tenants.
Well-Maintained & Appealing Grounds: Described as 'meticulously maintained' with 'serene, Zen-inspired landscaping,' indicating good curb appeal and owner care.
Cons
Property Age & Potential for Updates: Built in 1948, the property may have older systems and unit interiors that could require significant renovation or modernization to achieve top market rents.
MLS/Description Discrepancy: The property is described as a '5-unit property' but listed as a 'Quadruplex' (4 units) in the sub_type, which could lead to zoning, financing, or legal complications.
Mixed School Ratings: While some schools are highly rated, several nearby public schools have low ratings, which might be a concern for family-oriented tenants or future resale value.