5,488 Sqft Lot
5,488 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26012688
HOA Y/N No
Year Built 1921
Lot Size 5,488 Sqft
Property Sub-Type Quadruplex
Property Description
An exceptional, hassle-free multifamily investment in one of Los Angeles' most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottom—no deferred maintenance, no guesswork.
Unit Mix
(2) 3 Bed / 2 Bath
(1) 2 Bed / 2 Bath
(1) 2 Bed / 1 Bath
One 3 Bed / 2 Bath can be delivered vacant at COE
Upper units feature 10-foot ceilings
Complete Renovation Highlights
Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers
Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, CAT6 ethernet in every room
Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds
Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures
Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping
Property Highlights
-2 driveways with 12 off-street parking spaces
-Schlage keyless entry for building and units
-Nest smart thermostats
-Brand new stainless
-$160,800 annual rental income
-Nearly 6% cap rate | 14.2 GRM
-Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters)
-Walk Score: 92
Additional Notes
Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
Exterior
Exterior Feature Rain Gutters
Parking Features Assigned, On Site, Off Street
Fence Excellent Condition
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Elastomeric
Total Parking Spaces 12
Private Pool No
Building
Lot Description Near Public Transit
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
New Construction No
Others
Senior Community No
Tax ID 5502005010
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
- 10
Ivanhoe Elementary
Public | KG - 5
- 9
Citizens of the World Charter
Public | KG - 8
- 9
Equitas Academy Charter
Public | KG - 5
- 9
Gabriella Charter
Public | KG - 8
- 8
3rd Street Elementary School
Public | KG - 5
- 8
Larchmont Charter
Public | KG - 12
- 8
Queen Anne Place Elementary School
Public | KG - 5
- 8
Los Feliz STEMM Magnet School
Public | KG - 6
- 8
Hoover Street Elementary
Public | KG - 5
- 8
Franklin Avenue Elementary
Public | KG - 5
- 8
Clifford Street Math & Technology Magent
Public | KG - 6
- 8
Allesandro Elementary School
Public | PK - 5
- 7
Cheremoya Avenue School
Public | PK - 6
- 7
Hollywood Primary Center
Public | KG - 3
- 7
Dr. Sammy Lee Medical and Health Science Magnet
Public | KG - 5
- 7
Equitas Academy Charter #2
Public | 5 - 8
- 6
Wilshire Park Elementary
Public | KG - 5
- 6
Van Ness Avenue Elementary
Public | KG - 5
- 6
Kim Elementary School
Public | KG - 5
- 6
Cahuenga Elementary School
Public | KG - 5
- 8
Rise Kohyang Middle School
Public | 6 - 8
- 7
Alliance Gertz-Ressler Richard Merkin 6-12 Complex
Public | 6 - 12
- 6
John Burroughs Middle School
Public | 6 - 8
- 6
Virgil Middle School
Public | 6 - 8
- 6
Thomas Starr King Middle School
Public | 6 - 8
- 6
New Designs Charter
Public | 6 - 12
- 5
Pico Pico Middle School
Public | 6 - 8
- 4
Magnolia Science Academy 5
Public | 6 - 12
- 4
Bancroft Middle School
Public | 6 - 8
- 4
Joseph Le Conte Middle School
Public | 6 - 8
- 4
RFK Community Schools - Ambassador School of Global Leadership
Public | 6 - 12
- 4
Los Angeles Academy of Arts & Enterprise Charter
Public | 6 - 12
- 4
Vista Charter Middle School
Public | 6 - 8
- 4
Alliance College-Ready Middle Academy No. 12
Public | 6 - 8
- 4
John Adams Middle School
Public | 6 - 8
- 2
Monsenor Oscar Romero Charter Middle School
Public | 6 - 8
- 1
Johnnie Cochran Jr. Middle School
Public | 6 - 8
- 1
Apex Academy
Public | 7 - 12
- 1
Global Education Academy Middle School
Public | 6 - 8
- 1
Berendo Middle School
Public | 6 - 8
- 9
Alliance Dr. Olga Mohan High School
Public | 9 - 12
- 9
Downtown Business High School
Public | 9 - 12
- 8
John Marshall High School
Public | 9 - 12
- 8
Orthopaedic Hospital
Public | 9 - 12
- 7
Math and Science College Preparatory
Public | 9 - 12
- 7
Frederick Douglass Academy High School
Public | 9 - 12
- 7
STEM Academy of Hollywood
Public | 9 - 12
- 7
Central City Value
Public | 9 - 12
- 7
Camino Nuevo High No. 2
Public | 9 - 12
- 7
Alliance College-Ready Academy High No. 16
Public | 9 - 12
- 6
Usc Hybrid High School
Public | 9 - 12
- 5
Hollywood High School
Public | 9 - 12
- 5
Belmont Sh-la Teacher Preparatory Academy
Public | 9 - 12
- 5
Camino Nuevo Charter High School
Public | 9 - 12
- 5
Roybal Learning Center
Public | 9 - 12
- 4
RFK Community Schools - Los Angeles High School of the Arts
Public | 9 - 12
- 4
Santee Education Complex
Public | 9 - 12
- 4
Miguel Contreras Learning Complex - School of Business & Tourism
Public | 9 - 12
- 3
Los Angeles High School
Public | 9 - 12
- 3
Belmont High School
Public | 9 - 12
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