**Projected 7.2% Cap Rate** Welcome to a dream three unit investment opportunity. This brand new 2024 construction consists of two 4 bed 3 bath and one 3 bed 2 bath units, and will be delivered completely vacant! All three units come with parking, open concept kitchen/living/dining, and spacious bedrooms. This property provides a great income opportunity for an owner user or investor. Located conveniently near public transportation and the 110 freeway, this property will be very attractive on the rental market and easy to attract quality tenants. Do not miss this opportunity to capitalize on market rents and generate cash flow! *Note that photos are of similar nearby units*
Sold for $1,606,500
Tax assessed value
$1,606,500
237 E 99th St, Los Angeles, CA 90003
11beds
8baths
3,903sqft
Multi Family
Built in 2024
-- sqft lot
$1,662,900 Zestimate®
$412/sqft
$2,724 Estimated rent
Home value
$1,662,900
$1.58M - $1.75M
$2,724/mo
Zestimate® history
Owner options
List your home for rent
$2,724/mo
Rent Zestimate®
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$2,724/mo
Rent Zestimate®
Refinance and save
$10,262/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$10,262/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Isaac Davidi DRE # 01819489 310-877-9425,
The Davidi Company 310-997-0311
Bought with:
Cecilia Hernandez, DRE # 01874239
Cecilia Hernandez, Broker
Source: CLAW,MLS#: 24-400169
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
Heating
- Central
Cooling
- None
Appliances
- Laundry: Stackable W/D Hookup
Interior area
- Total structure area: 3,903
- Total interior livable area: 3,903 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport
- Has carport: Yes
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 5,083 sqft
- Dimensions: 40 x 127
Details
- Additional structures: None
- Parcel number: 6052015021
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2024
Community & neighborhood
Location
- Region: Los Angeles
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Listing removed | $4,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/30/2025 | Listed for rent | $4,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2024 | Sold | $1,606,500+0.4%$412/sqft |
Source:  CLAW #24-400169 Report a problem | ||
| 9/21/2024 | Pending sale | $1,599,500$410/sqft |
Source: CLAW #24-400169 Report a problem | ||
| 8/12/2024 | Price change | $1,599,500-2.9%$410/sqft |
Source: CLAW #24-400169 Report a problem | ||
| 7/23/2024 | Price change | $1,647,500-0.1%$422/sqft |
Source: CLAW #24-400169 Report a problem | ||
| 7/9/2024 | Price change | $1,648,500-0.1%$422/sqft |
Source: CLAW #24-400169 Report a problem | ||
| 6/6/2024 | Listed for sale | $1,649,500+266.6%$423/sqft |
Source: CLAW #24-400169 Report a problem | ||
| 8/19/2022 | Sold | $450,000-8.1%$115/sqft |
Source: Public Record Report a problem | ||
| 5/14/2022 | Pending sale | $489,500$125/sqft |
Source:  CRMLS #CV22039794 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,838 +225.5% | $1,606,500 +250% |
| 2024 | $6,094 +1.9% | $459,000 +2% |
| 2023 | $5,979 +18.8% | $450,000 +157.2% |
| 2022 | $5,033 +115.2% | $174,935 +2% |
| 2021 | $2,339 -0.7% | $171,506 +1% |
| 2020 | $2,356 | $169,748 +2% |
| 2019 | $2,356 +6.4% | $166,421 +2% |
| 2018 | $2,215 | $163,159 +2% |
| 2017 | $2,215 +2.4% | $159,961 +2% |
| 2016 | $2,163 +2.7% | $156,825 +1.5% |
| 2015 | $2,107 +1.2% | $154,471 +2% |
| 2014 | $2,082 | $151,446 +2.5% |
| 2012 | -- | $147,808 +2% |
| 2011 | -- | $144,910 +0.8% |
| 2010 | -- | $143,828 -0.2% |
| 2009 | -- | $144,171 +2% |
| 2008 | -- | $141,345 +2% |
| 2007 | -- | $138,575 +2% |
| 2006 | -- | $135,859 |
| 2005 | -- | $135,859 +4% |
| 2004 | -- | $130,585 +4.8% |
| 2003 | -- | $124,600 +19.9% |
| 2002 | -- | $103,900 -1.9% |
| 2000 | -- | $105,900 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 5/10Ninety-Third Street Elementary SchoolGrades: K-6Distance: 0.3 mi
- 3/10Samuel Gompers Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Alain Leroy Locke College Prep AcademyGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,662,900
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
$1,662,900
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