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Diego Magdaleno

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

$1,375,000

Est. payment - /mo

7 Beds

4 Baths

4,142 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,142 sqft

Price per Sqft $331

MLS Listing ID 25577629

Bedrooms 7

HOA Y/N No

Year Built 1928

Lot Size 6,664 Sqft

Property Description

Discover an exceptional income-producing property located just minutes from USC. This well-maintained, gated 4-unit building features three spacious 2-bedroom/1-bath units and one charming 1-bedroom/1-bath unit. Residents enjoy the convenience of 8 gated parking spaces, offering ample room for tenants and guests. With low operating expenses and strong rental demand in this highly desirable area, this property presents outstanding potential for both steady cash flow and long-term appreciation. The lot layout offers ADU potential (buyer to verify), adding an opportunity to increase rental income even further. Situated close to USC, Exposition Park, public transit, and major freeways, this property benefits from consistent tenant demand year-round. Whether you're an investor seeking reliable returns or a developer looking for value-add possibilities, this is a prime opportunity in one of Los Angeles' fastest-growing rental markets.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD2

Interior

Fireplace No

Appliance Dishwasher, Dryer, Washer

Exterior

Parking Features Driveway

Total Parking Spaces 8

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5058022038

Special Listing Condition Standard

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Listed by Nathan Sabzerou Sabzerou Realty Group

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1906 W 23rd ST Los Angeles, CA 90018