Fantastic Fourplex with four 2-bd, 1 ba apartments for OWNER/USER OR INVESTOR. Bring your first time buyers, FHA, and VA Buyers for this opportunity to move into the one vacant unit (Unit #3) that is already fully remodeled for the new owner. The other three units are already rented/occupied bringing in $5,205/mo in rent that could cover the buyer's mortgage! Or just rent out the vacant unit bringing the total income to approximately $7,500/mo. Great investor opportunity!!! Unlock approximately 20% upside potential in rental income. This fourplex moneymaker in the heart of Los Angeles comes with four 2-bedroom, 1 bath apartments two garage spaces and 4 additional parking spaces on site. Potential to build 2 ADU's; Buyer to verify. Minutes away from DTLA, USC & 105,110 & 10 freeways. Centrally located to Restaurants, Entertainment, and public transportation. This property is great to add to your investment portfolio!
| MLS # | 26985825 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1962 |
| Days On Site | 36 |
| Listing Provided By | Strategic Growth Real Estate | Michael Hananel |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,238 |
| Garage | 2 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.12 |
| Cooling | None |
|---|---|
| Heating | Natural Gas, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Door Multi, Garage |
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90003) | |
Price: $875,000 low | high Med: $950,000 sqft: 3,238 low | high Med: 1,283 $ / sqft: $270 low | high Med: $740 On site: 36 low | high Med: 40 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90003) | |
Price: $875,000 low | high Med: $950,000 sqft: 3,238 low | high Med: 1,283 $ / sqft: $270 low | high Med: $740 On site: 36 low | high Med: 40 | |