Excellent opportunity to own a high-income triplex in a prime location near Adventist Health White Memorial Hospital, Central Korean SDA Church, and Mariachi Plaza Station. This well-situated property offers convenient access to the 101 Freeway and Downtown Los Angeles. The property features three units, including a spacious downstairs has 2 units: 3 Bed + 2 Bath, 1 Bed + 1 Bed. 1 Bed + 1 Bed upstairs with the potential to add a second bedroom within the existing floor plan, and an additional 1-bedroom unit. Ample on-site parking includes a 3-car garage with storage plus 4 additional exterior parking spaces, for a total of 7 spaces. Ideally located near major employment centers, transit, dining, and shopping, this property presents a strong opportunity for investors or owner-occupants seeking rental income. Don't miss the chance to view this ground-floor unit before it's gone.
For sale
Price cut: $91K (6/23)
$1,098,000
1616 Pennsylvania Ave, Los Angeles, CA 90033
5beds
4baths
2,225sqft
:
Get pre-qualified$7,402/mo
Multi Family
Built in 1900
-- sqft lot
$1,081,500 Zestimate®
$493/sqft
$-- HOA
What's special
- 76 days |
- 167 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Elijah Shin DRE # 01358906 213-550-9009,
Dream Realty & Investments Inc 213-380-8949
Source: CLAW,MLS#: 26838081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Disposal
Interior area
- Total structure area: 2,225
- Total interior livable area: 2,225 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage - 3 Car, Driveway Gate
- Garage spaces: 3
- Uncovered spaces: 4
Features
- Levels: Multi/Split
Lot
- Size: 7,758 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: 5174024034
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1900
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $493/sqft
- Tax assessed value: $491,267
- Annual tax amount: $6,244
- Date on market: 5/23/2026
Estimated market value
$1,081,500
$1.03M - $1.14M
$3,332/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $1,098,000-7.7%$493/sqft |
Source:  CLAW #26838081 Report a problem | ||
| 5/23/2026 | Listed for sale | $1,189,000$534/sqft |
Source: CLAW #26838081 Report a problem | ||
| 4/12/2026 | Listing removed | $1,189,000$534/sqft |
Source: CLAW #26662317 Report a problem | ||
| 3/10/2026 | Listed for sale | $1,189,000+186.5%$534/sqft |
Source: CLAW #26662317 Report a problem | ||
| 12/26/2025 | Listing removed | $2,995$1/sqft |
Source:  CLAW #25613221 Report a problem | ||
| 11/5/2025 | Listed for rent | $2,995+66.4%$1/sqft |
Source: CLAW #25613221 Report a problem | ||
| 6/20/2024 | Listing removed | -- |
Source: CLAW #24-396473 Report a problem | ||
| 6/7/2024 | Price change | $1,800-5.3%$1/sqft |
Source: CLAW #24-396473 Report a problem | ||
| 5/26/2024 | Listed for rent | $1,900$1/sqft |
Source: CLAW #24-396473 Report a problem | ||
| 5/27/2016 | Sold | $415,000+18.9%$187/sqft |
Source: Public Record Report a problem | ||
| 11/12/2004 | Sold | $349,000$157/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,244 +1.6% | $491,267 +2% |
| 2024 | $6,148 +1.9% | $481,636 +2% |
| 2023 | $6,033 +4.7% | $472,193 +2% |
| 2022 | $5,761 +1.4% | $462,935 +2% |
| 2021 | $5,684 -0.9% | $453,859 +1% |
| 2020 | $5,736 | $449,206 +2% |
| 2019 | $5,736 +6.2% | $440,399 +2% |
| 2018 | $5,403 | $431,765 -16.8% |
| 2017 | $5,403 -16% | $519,180 +26.3% |
| 2016 | $6,429 +23.9% | $410,938 +5.1% |
| 2015 | $5,187 +11.8% | $391,000 +10.1% |
| 2014 | $4,640 | $355,000 |
| 2012 | -- | $355,000 |
| 2011 | -- | $355,000 -5.8% |
| 2010 | -- | $376,871 -0.2% |
| 2009 | -- | $377,767 +2% |
| 2008 | -- | $370,360 +2% |
| 2007 | -- | $363,099 +2% |
| 2006 | -- | $355,980 |
| 2005 | -- | $355,980 +117.3% |
| 2004 | -- | $163,830 +1.9% |
| 2003 | -- | $160,828 +2% |
| 2002 | -- | $157,675 +4% |
| 2000 | -- | $151,554 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Boyle Heights
Nearby schools
GreatSchools rating
- 6/10Second Street Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Hollenbeck Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Felicitas And Gonzalo Mendez HighGrades: 9-12Distance: 0.4 mi
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