8 Unit income property in highly desirable Eagle Rock - a rare find in a market with extremely limited inventory. All units are 1 Bedroom 1 Bath. Four blocks from Colorado Blvd. Close to Occidental College. Six garages currently being used as storage for tenants. 6 uncovered parking spaces. All units separately metered for gas and electricity and all units have separate water heaters. Foundation bolting completed in 2013. Indicative of the strong rental demand in the local area, this property is fully leased. Upon unit turnover, this property presents an enticing 32% potential upside in rental income, making it a compelling opportunity for growth-minded investors. CONTACT LISTING AGENT FOR FULL OFFERING MEMORANDUM.
Sold for $1,830,000
$1,830,000
2221 Addison Way, Los Angeles, CA 90041
8beds
8baths
5,144sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$356/sqft
$4,968 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,968/mo
Zestimate® history
Owner options
List your home for rent
$4,968/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,968/mo
Rent Zestimate®
Refinance and save
$11,573/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$11,573/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Gabriel Rudner DRE # 02054447 949-636-0365,
Aegis Management, Inc. 310-425-9578,
Andrew Perris DRE # 00956552 949-636-0365,
Aegis Management, Inc.
Bought with:
Marcus McInerney, DRE # 01848675
Reservoir Partners
Source: CLAW,MLS#: 24-390355
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Wall Gas
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater Unit
- Laundry: None
Interior area
- Total structure area: 5,144
- Total interior livable area: 5,144 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Has garage: Yes
- Uncovered spaces: 6
Features
- Levels: Two
- Pool features: None
Lot
- Size: 0.29 Acres
Details
- Additional structures: None
- Parcel number: 5685005015
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Raised
- Roof: Tar/Gravel
Condition
- Year built: 1925
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $579,316
- Date on market: 12/14/2024
- Total actual rent: 144807
- Tenant pays: Gas, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $1,830,000-8.3%$356/sqft |
Source:  CLAW #24-390355 Report a problem | ||
| 12/29/2024 | Contingent | $1,995,000$388/sqft |
Source: CLAW #24-390355 Report a problem | ||
| 12/14/2024 | Listed for sale | $1,995,000$388/sqft |
Source: CLAW #24-390355 Report a problem | ||
| 8/8/2024 | Listing removed | $1,995,000$388/sqft |
Source: CLAW #24-390355 Report a problem | ||
| 7/9/2024 | Price change | $1,995,000-5%$388/sqft |
Source: CLAW #24-390355 Report a problem | ||
| 5/13/2024 | Listed for sale | $2,100,000+425%$408/sqft |
Source: CLAW #24-390355 Report a problem | ||
| 11/2/2000 | Sold | $400,000$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,866,600 +209.7% |
| 2025 | $8,465 +1.2% | $602,720 +2% |
| 2024 | $8,363 +1.7% | $590,902 +2% |
| 2023 | $8,223 +4.3% | $579,316 +2% |
| 2022 | $7,884 +1.5% | $567,958 +2% |
| 2021 | $7,769 -0.8% | $556,822 +1% |
| 2020 | $7,833 | $551,114 +2% |
| 2019 | $7,833 +7% | $540,308 +2% |
| 2018 | $7,323 | $529,714 +2% |
| 2017 | $7,323 +2.7% | $519,328 +2% |
| 2016 | $7,134 +3% | $509,146 +1.5% |
| 2015 | $6,929 +0.2% | $501,500 +2% |
| 2014 | $6,914 | $491,678 +4.5% |
| 2011 | -- | $470,452 +0.8% |
| 2010 | -- | $466,936 +5.9% |
| 2005 | -- | $441,054 +4% |
| 2004 | -- | $423,928 +1.9% |
| 2003 | -- | $416,160 +2% |
| 2002 | -- | $408,000 +425.4% |
| 2000 | -- | $77,660 |
Find assessor info on the county website
Neighborhood: Eagle Rock
Nearby homes
- $--2 bd1 ba900 sqft2217 Addison Way #1/2, Los Angeles, CA 90041Off Market
- $1,415,4006 bd4 ba2.4k sqft2217 Addison Way, Los Angeles, CA 90041Off Market
- $--1 bd1 ba660 sqft2219 Addison Way, Los Angeles, CA 90041Off Market
- $1,500,00012 bd10 ba5.1k sqft2233 Addison Way, Los Angeles, CA 90041Sold
- $991,6001 bd1 ba-- sqft2233 Addison Way APT 3, Los Angeles, CA 90041Off Market
- $1,060,1002 bd1 ba800 sqft2233 Addison Way APT 6, Los Angeles, CA 90041Off Market
- $--1 bd1 ba500 sqft2233 Addison Way #4, Los Angeles, CA 90041Off Market
- $1,020,9003 bd3 ba1.5k sqft2226 W Strata Ln, Los Angeles, CA 90041Off Market
Nearby schools
GreatSchools rating
- 7/10Eagle Rock Elementary and Magnet CenterGrades: K-6Distance: 0.2 mi
- 6/10Eagle Rock High SchoolGrades: 7-12Distance: 0.7 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- California
- Los Angeles County
- Los Angeles
- 90041
- Eagle Rock
- 2221 Addison Way
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Los Angeles Topics
