Opportunity to acquire a four-unit income property in a high-demand Los Angeles rental corridor near USC, Downtown LA, Exposition Park, and major transportation. The property consists of four large one-bedroom units, with assessor records showing two-bedroom units, each approximately 1,000 sq. ft. Each unit offers a…Opportunity to acquire a four-unit income property in a high-demand Los Angeles rental corridor near USC, Downtown LA, Exposition Park, and major transportation. The property consists of four large one-bedroom units, with assessor records showing two-bedroom units, each approximately 1,000 sq. ft. Each unit offers a formal living room, dining room, and individual laundry room. One unit includes an additional tandem room that may be used as a bedroom or flexible space.
The property includes off-street parking for four cars with a detached garage and carport. Tenants pay their own gas and electric, with separate meters. Owner pays water. Interior condition is mostly original, clean, and operable. R3 zoning may offer future development potential. Value-add opportunity with upside potential in rents. Tenant occupied. Please do not disturb occupants.
Facts & Features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4
1/2 bathrooms: 0
Cooling
Has cooling: No
Appliances
Laundry: Inside
Features
Has fireplace: No
Interior area
Total interior livable area: 4,168 sqft
Property
Parking
Total spaces: 3
Parking features: Covered, Door Multi, Garage, Shared Driveway
Garage spaces: 2
Features
Stories: 2
Has private pool: No
Has view: Yes
View features: City Lights
Lot
Size: 0.15 Acres
Features: Front Yard
Details
Parcel number: 5040022007
Construction
Type & style
Home type: Residential
Property subtype: Quadruplex
Materials
Roof: Flat
Condition
Year built: 1922
Location
Mike Zwarg
Broker / Owner
951.528.0626 mike@mzhomes.us
Listing Office: eXp Realty of Southern CA, Inc · Listing Agent: Cedrick Jihanian · 310-926-8218 · CRMLS
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