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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,460,000

Est. payment - /mo

6,451 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 PW25176666

HOA Y/N No

Year Built 1920

Lot Size 6,451 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional 4-unit multifamily investment on a prominent corner lot in the heart of Los Angeles, directly across from Menlo Avenue Elementary School. The property features a brand-new roof (2025) and two meticulously remodelled and vacant 3-bedroom/2-bath units with all updated electrical and plumbing, ideal for immediate lease-up or owner occupancy. Two additional (and also remodelled) 3-bedroom/1.5-bath units are tenant-occupied near market rent, with RUBS provisions in place to pass through ALL utility costs. The 4,176 sq ft building sits on a 6,450 sq ft lot and offers over eight off-street parking spaces. Recent upgrades, including plumbing and electrical upgrades, the new roof and completed termite clearance, make this a TURNKEY asset. Located minutes from BMO Stadium, Exposition Park, the LA Coliseum, USC, public transportation, shops, and restaurants, this property combines strong current income with clear rental upside in a high-demand Los Angeles location.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR3

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5019003001

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Matias Stofenmacher Edgestone Real Estate, Inc. 818-464-5707

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873 W 41st DR Los Angeles, CA 90037