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$ 1,549,000
Est. payment | /mo
7 Beds
3,296 SqFt
$ 1,549,000
Est. payment | /mo
7 Beds
3,296 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,296 sqft
Price per Sqft $469
MLS Listing ID CL26838879
Bedrooms 7
HOA Y/N No
Year Built 1971
Lot Size 5,738 Sqft
Acres 0.13
Property Sub-Type OTHER
Property Description
Prime Mid-City investment opportunity offering strong fundamentals, desirable unit mix, and long-term upside in one of Los Angeles' most centrally located rental markets. This well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet and features three spacious two-bedroom units and one one-bedroom unit, each with the added convenience of in-unit laundry.Designed for efficient ownership, the property offers separate gas and electric meters for each unit, helping streamline management and reduce operating expenses. Six total parking spaces, provide a valuable off-street parking advantage in a high-demand urban neighborhood.Built in 1971, the property benefits from strong rental appeal and a central Mid-City location with convenient access to major corridors, including the 10 Freeway. Recent improvements include a newer roof on the rear structure & newer water heather at units 1,3, & 4, along with interior renovations to Unit #3. With its sought-after location, practical unit mix, parking, in-unit laundry, and operational efficiencies, this Mid-City fourplex presents a compelling opportunity for investors seeking stable income potential, future rent growth, and long-term appreciation. Whether expanding an existing portfolio or pursuing a value-add multifamily asset in a proven Los Angeles submarket, this property is positioned to check all the right boxes.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Cooling No Air Conditioning
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5063018015

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Listed by Aaron Mejia • Christie's International Real Estate SoCal
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