Exceptional investment opportunity in the heart of Los Angeles! This four-unit income property features four 2-bedroom, 1-bathroom units, offering an ideal setup for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income. This property presents an excellent value-add opportunity for investors looking to renovate, increase rental income, and build long-term equity. The property offers rare alley access with parking for up to nine vehiclesa highly desirable feature in this area. The lot configuration may also provide additional upside potential, subject to buyer verification and local regulations. Conveniently located just minutes from Downtown Los Angeles, USC, Exposition Park, BMO Stadium, Crypto.com Arena, LA Live, shopping, dining, public transportation, and major freeways, this property provides excellent accessibility for tenants and owners alike. Whether you're looking to add value through renovations, expand your investment portfolio, or secure a property with long-term appreciation potential, this is an opportunity you won't want to miss!
| MLS # | CV26148537 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 43 |
| Listing Provided By | CENTURY 21 PRIMETIME REALTORS | Felix Lopez |
| SQ Feet | 3,380 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.14 |
| Lot Features | No Landscaping, Sprinklers None |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90011 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90011) | |
Price: $678,888 low | high Med: $949,500 sqft: 3,380 low | high Med: 769 $ / sqft: $201 low | high Med: $475,309 On site: 43 low | high Med: 119 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90011 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90011) | |
Price: $678,888 low | high Med: $949,500 sqft: 3,380 low | high Med: 769 $ / sqft: $201 low | high Med: $475,309 On site: 43 low | high Med: 119 | |