Located in the heart of South Los Angeles, this investment property has a strong upside potential in a neighborhood that’s actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand.… Read More The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal.
Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income—turning an expense into a wealth-building strategy.
Adding even more value, the detached 3-car garage completely remodeled has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. ($2,500 -$3,500/month rent potential, that's $30K -$40K/ year upside Property delivered with 2 vacant + 2 occupied (as-is) + . Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this is a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Some pictures have been virtually staged to create a vision for buyers.
The property is priced based on its current income and occupancy. "Price reflects current income and development upside. Vacancy beyond existing units is not included." Read Less
Property listed by Rodeo Realty, Angela Dominguez 310-259-7556
Listing Snapshot
Days Online
78
Last Updated
Property Type
Quadruplex
Lot Size
0.15 Acres
Year Built
1913
MLS Number
SR26012599
Additional Details
Building
Built in 1913, 3 buildings, 2 stories, Levels: One, Entry level: 1, Entry location: Main
Community
Park, Sidewalks
Expenses
Insurance: $2,500, Operating: $23,436, Water/Sewer: $7,200, Other Expense: $13,736
Fence
AverageCondition
Fireplaces
None
Foundation
Raised
Garage
3 spaces
Income
Gross ScheduledIncome: $103,200, Net Operating Income: $79,764
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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