BACK ON THE MARKET FROM AUCTION — BUYER COULDN’T PERFORM ($1,000,000) LAST BID PRICE A rare 4-unit income-producing property delivered with strong financials ($8,400 per month) and incredible long-term upside. Located in the heart of Los Angeles, this 3,770 sq ft multi-family asset features 9 bedrooms and 6 bathrooms… Read More across four well-maintained units, each with separate gas and electric meters. The property sits on a 5,466 sq ft lot and offers on-site parking and stable tenancy. This investment boasts a healthy NOI, low operating expenses, and consistent rental income — making it ideal for seasoned investors and first-time multifamily buyers looking to grow their portfolio. With a mix of classic charm and solid structure, this 1912-built property continues to outperform its peers in the area. Contact listing agent for more information Read Less
Property listed by Revel Real Estate, Chinonso Ugochukwu 702-762-4275
Listing Snapshot
Days Online
113
Last Updated
Property Type
Quadruplex
Lot Size
0.13 Acres
Year Built
1912
MLS Number
SR25169386
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 1912, Building area total: 3,770, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
Sidewalks
Expenses
Electric expense: $200, Insurance expense: $216, Operating expense: $17,700, Trash expense: $250, Water sewer expense: $200
Income
Gross income: $97,584, Net operating income: $79,884
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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