Prime investment opportunity in the heart of Florence, South Los Angeles! This well-maintained 5-unit multi-family building (built 1960, 3,128 sq ft on 4,001 sq ft lot) offers strong income potential with 100% occupancy and month-to-month (MTM) tenancies across all units—no active leases to complicate ownership.
Current rent roll (as of March… Read More 1, 2026) shows total monthly gross scheduled income of $5,283.89:
(1) 2 bed / 1 bath – 1,080 sq ft – $1,243.73
(2) 1 bed / 1 bath – 870 sq ft – $1,108.54
(1) 2 bed / 1 bath – 870 sq ft – $1,039.00
(1) 1 bed / 1 bath – 870 sq ft – $1,054.46
(1) 1 bed / 1 bath – $838.16
Rents are below current South LA market averages (where 1BR units often exceed $1,600–$2,000+ and 2BR $2,000–$2,700+ per recent data), providing significant upside through allowable increases under the City of Los Angeles Rent Stabilization Ordinance (RSO), which applies to this pre-1978 property.
Additional features: 2 enclosed garages + open parking (total ~5 spaces), 2-story wood/stucco construction, front entry location. One unit noted as non-conforming—property technically qualifies as 4-unit for some residential financing options (buyer to verify with lender). Sold with tenants in place; buyer can pursue vacancy decontrol or other strategies post-closing per RSO rules.
Ideal for cash-flow investors seeking stable income in a high-demand area with proximity to major freeways, amenities, and ongoing South LA revitalization. Rent roll, leases (MTM), and supporting docs available. Don't miss this solid performer—schedule your showing today! Read Less
Property listed by VK LUXURY REAL ESTATE, Varinder Kumar Luhanibal 310-259-7556
Listing Snapshot
Days Online
3
Last Updated
Property Type
Quadruplex
Lot Size
0.09 Acres
Year Built
1960
MLS Number
OC26055228
Additional Details
Building
Built in 1960, 1 building, 2 stories, Levels: Two, Entry level: 2, Entry location: front
Community
StreetLights, Sidewalks
Expenses
Operating: $20,400
Fireplaces
None
Garage
2 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $63,406, Gross ScheduledIncome: $63,406, Net Operating Income: $43,005
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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