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.
| MLS # | AR26117965 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 96 |
| Listing Provided By | eXp Realty of Southern CA, Inc | Cedrick Jihanian |
| SQ Feet | 4,168 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.15 |
| Property View | Yes |
| Interior Features | Ceiling Fans, Tile Counters |
|---|---|
| Fireplace Yes / No | No |
| Roof | Flat |
|---|---|
| Security Features | Smoke Detectors |
| Lot Features | Front Yard |
| Parking Features | Covered, Door Multi, Garage, Shared Driveway |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90007) | |
Price: $980,000 low | high Med: $1,499,500 sqft: 4,168 low | high Med: 4,460 $ / sqft: $235 low | high Med: $347 On site: 96 low | high Med: 176.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90007) | |
Price: $980,000 low | high Med: $1,499,500 sqft: 4,168 low | high Med: 4,460 $ / sqft: $235 low | high Med: $347 On site: 96 low | high Med: 176.5 | |
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