GREAT 4-UNIT INVESTMENT & OWNER-OCCUPANT OPPORTUNITY! This well-maintained 4-plex offers an excellent opportunity for an investor or owner-occupant looking to live in the largest unit while generating rental income from the other three units. The property may qualify for residential financing, providing an attractive option for first-time multifamily investors. The… Read More four units consist of: (A) 5 bedrooms + 3.25 baths; (B) 3 bedrooms + 1 bath; (C) 2 bedrooms + 1 bath; and (D) 2 bedrooms + 1 bath. The spacious 5-bedroom unit can be made available for a buyer-owner to occupy. The other three units are tenant-occupied, with current monthly rents of $2,000, $2,400, and $750, respectively. Recent improvements include fresh interior and exterior paint and a new shared clothes washer and dryer for resident use. The property offers 5 on-site parking spaces, including 3 assigned spaces and 2 spaces available on a first-come, first-served basis. Each kitchen is equipped with a stove and refrigerator. Conveniently located near USC, the property is well-positioned for the student rental market, offering potential for continued rental demand. According to the owner the property is believed to be in the USC Security Patrol area. For a first-time investor, this is an exceptional opportunity to acquire a multifamily property that provides immediate rental income while offering the flexibility to occupy a spacious unit—without the need to add an ADU. Prospective buyers must set appointments with their agent to show the property - buyers CAN NOT visit property and disturb tenants, directly. Read Less
Property listed by Michael Green Realty & Inv., Michael Green 310-259-7556
Listing Snapshot
Days Online
23
Last Updated
Property Type
Quadruplex
Lot Size
0.16 Acres
Year Built
1910
MLS Number
SR26188591
Additional Details
Building
Built in 1910, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
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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