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$1,495,000
Est. payment /mo
6 Beds
4,380 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,380 sqft
Price per Sqft $341
MLS Listing ID CL25521311
Bedrooms 6
HOA Y/N No
Year Built 1924
Lot Size 5,821 Sqft
Acres 0.13
Property Sub-Type OTHER
Property Description
Prime Mid-City Fourplex w/ Tremendous Value-Add Opportunity & Strong Upside Potential! Don't miss this exceptional opportunity to own a (4) unit multifamily investment property located in the heart of prime Mid-City, one of Los Angeles' most desirable and centrally located neighborhoods. This stunning property offers a total of 4,380sq.ft. situated on a 5,820sq.ft. lot. The unit mix includes two (2) 2-bedroom + 1-bathroom units and two (2) oversized 1-bedroom + 1-bathroom units, with good potential to be converted into 2-bedroom units due to their generous layouts and large square footage. Each unit boasts spacious floor plans averaging about 1,100sq.ft., providing comfortable and functional living spaces for tenants. Two (2) of the units have been extensively remodeled, featuring: Refinished hardwood oak flooring, Modern quartz countertops, Stainless steel appliances, Updated copper plumbing, Stylishly upgraded kitchens and bathrooms, New in-unit washer & dryers for added convenience. The remaining two (2) units offer value-add potential, allowing investors the opportunity to renovate, reposition, and maximize market rents, significantly increasing overall cash flow. Additional property highlights include: Current monthly gross income: $6,937/month. 4 large detached garages with
Location
State CA
County Los Angeles
Zoning LARD
Interior
Flooring Tile, Wood
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 5072007008
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Listed by Nima Tehrany • Compass