TURNKEY SPANISH REVIVAL FOUR-UNIT | PRIME USC & DOWNTOWN LA LOCATION
Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive modern upgrades,… Read More this 4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location.
The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint.
Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today’s rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal.
A particularly valuable feature is the property’s approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location.
Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset.
A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles’ most prominent educational, employment, and cultural centers. Read Less
Property listed by Major League Properties, Jason Vallejo 310-259-7556
Listing Snapshot
Days Online
2
Last Updated
Property Type
Quadruplex
Lot Size
0.16 Acres
Year Built
1923
MLS Number
PW26203876
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Gravel
Building
Built in 1923, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: CopperPlumbing
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, 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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