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$1,399,995
Est. payment /mo
10 Beds
5,625 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25224770
Bedrooms 10
Lot Size 5,625 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional,Exchange,FHA
Property Type Res Income 2-4 Units
Property Description
Unlock the potential of this 4-unit income property located in the heart of Los Angeles, just minutes from USC, Downtown LA, and the iconic Crypto.com Arena. This turn-key investment combines modern brand new construction 2025 with classic remodeled charm and long-term value. All four units will be available, allowing new ownership the flexibility to select tenants and optimize rental income from day one. With a cap rate of 7.54% and a gross rent multiplier (GRM) of 10.80, this asset presents compelling returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties in the same area available in the portfoliooffering a great opportunity for buyers looking to invest in an individual or multiple income-generating assets. The rear structure is a newly built 2025 duplex, offering two 3-bedroom, 2-bathroom units, each measuring 912 square feet. These modern units have vinyl plank flooring, energy efficient dual-pane windows, tankless water heaters, and in-unit laundry and fully paid off solar panels, which significantly reduce utility and maintenance expenses. The 1923 duplex is remodeled to combine vintage character with modern convenience. Each of these two units offers 2 bedrooms and 1 bathroom in 704 square feet. Recent renovations include updated flooring, copper plumbing and new electrical. All four units are individually metered for gas and electricity, Whether you're focused on building equity, generating passive income, or expanding your real estate portfolio in a high-growth market, this fourplex checks all
Location
State CA
County Los Angeles
Zoning Public Rec
Direction West of the 110 Freeway, between Gage Ave. and Slauson Ave.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6004031031
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
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Listed by Brenda Hailey eXp Realty of Greater Los Angeles, Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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