Opportunity knocks for savvy investors: this value-add 4plex in the heart of Los Angeles is priced to GO! This 4-unit, single-level property sits on an oversized 9,800+ sq ft corner lot with adjacent alley, creating a peninsula lot. There are two duplex buildings totaling ~3,372 sq ft, open areas, multiple… Read More onsite parking spaces plus a detached garage. All four units are 2 bedrooms, 1 bath, each with washers/dryer hookups and raised-foundation construction. The zoning provides multiple pathways for future upside, whether through strategic renovations, rent optimization, or long-range redevelopment. Located near public transit and major corridors this asset offers both immediate stability and significant long-term potential. Read Less
Property listed by Berkshire Hathaway HomeServices California Properties, Christian Walsh 949-677-3466
Listing Snapshot
Days Online
2
Last Updated
Property Type
Quadruplex
Lot Size
0.23 Acres
Year Built
1923
MLS Number
PW25259008
30 Days Snapshot Of 90062
$853k
+5%
(avg) sold price
6
0%
homes sold
118
+73%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1923, Building area total: 3,372, Levels: One, 1 story, 3 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Community
Sidewalks
Expenses
Insurance expense: $4,100, New taxes expense: $11,000, Operating expense: $18,100, Water sewer expense: $3,000
Garage
2 spaces
Income
Gross income: $41,136, Net operating income: $23,036
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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