Rare Los Angeles Fourplex — One Unit Delivered Vacant! Rare opportunity to own a well-maintained four-unit income property in Los Angeles with income today and flexibility from day one. Three units are currently tenant occupied and producing rent, while a spacious 2-bedroom, 2-bath unit is vacant — giving the new… Read More owner options no fully-occupied fourplex can offer. Lease it at current market rent, move in, or upgrade and maximize income — the choice is yours. And because this is a 2–4 unit property, owner-occupant buyers may qualify for low-down-payment financing not available on larger investment buildings (buyer to verify with lender). Live in one, and let three rental units help carry the payment. The property also features ample on-site parking, including a large parking pad plus a separate fully paved bonus parking lot — a rare and valuable feature for Los Angeles multifamily, and a real advantage when leasing. Set on a generous 5,914 sq ft lot with convenient access to shopping, dining, public transportation, major freeways, and employment centers throughout Los Angeles. 4 units · 8 bedrooms · 4 baths · 3,321 sq ft · 5,914 sq ft lot · Built 1922 · Offered at $1,200,000
Three units leased. One unit vacant. One rare chance. Showings available now — call today. Read Less
Property listed by eXp Realty of California Inc, Jeff Anderson 310-259-7556
Listing Snapshot
Days Online
73
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
1922
MLS Number
PW26148828
Additional Details
Building
Built in 1922, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Sidewalks
Disclosures
RentControl
Accessibility Features
Parking
Expenses
Insurance: $3,300, Operating: $3,300
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $70,113.6, Net Operating Income: $66,813.6
Laundry
CommonArea
Lot
0.1358 acres, NearPublicTransit
Parking
4 open parking spaces, 4 total parking spaces, Driveway, Paved
Pool
None
Sewer
PublicSewer
Taxes
Parcel Number: 5108018026, Lot: 5
Tenant Pays
AllUtilities
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters, 4 separate water meters
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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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