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$ 1,598,000
Est. payment | /mo
5,802 Sqft Lot
$ 1,598,000
Est. payment | /mo
5,802 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25111731
HOA Y/N No
Year Built 1923
Lot Size 5,802 Sqft
Property Sub-Type Quadruplex
Property Description
Introducing a prime investment opportunity in the heart of Los Angeles. This charming 4,188 SF building, boasting 4 units, seamlessly blends historic allure with modern upgrades following its 2019 renovation. Two of the four units were extensively upgraded as part of the recent renovation. This property ensures a strong rental demand with a 100% occupancy, an excellent unit mix of all three bedrooms, and over 25% upside potential in rental income. With its coveted location in the greater revitalizing West Adams district, this fourplex promises an exceptional investment in a thriving urban setting. Invest in a piece of Los Angeles history and capitalize on the robust demand for quality rental housing in this vibrant market.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Fireplace No
Laundry Washer Hookup, Inside, Stacked
Exterior
Parking Features Assigned
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 6
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5061016032
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by LEONIE TRAN • eXp Realty of California Inc • 626-349-0585