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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,598,000

Est. payment - /mo

5,802 Sqft Lot

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UPDATED:

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

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Listed by LEONIE TRAN • eXp Realty of California Inc • 626-349-0585

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2006 S Harcourt AVE Los Angeles, CA 90016