UPDATED:
11/27/2024 07:13 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24235248
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1929
Lot Size 9,047 Sqft
Property Description
Presenting an exceptional opportunity for investors and developers in one of Los Angeles' most sought-after neighborhoods. This meticulously renovated quadplex offers a solid income stream with modernized units, enhanced by a prime location that provides significant upside potential for future growth.
Maximum Rental Income Potential, with its modern finishes, spacious layouts, and high demand for quality rental units in the area, this quadplex is poised to deliver excellent rental returns. The property is positioned to attract a wide range of tenants, from professionals to families, all seeking the vibrant lifestyle that Los Angeles has to offer.
The property is zoned for up to 10 additional units, offering an incredible opportunity for expansion and future development. Whether you’re looking to maximize your investment by adding more rental units or looking for a long-term play in a growing market, this zoning provides the flexibility to increase density and capitalize on the property’s prime location.
With ample parking for tenants, this property caters to the needs of today’s renters, many of whom rely on vehicles. The parking area ensures Nestled in a vibrant neighborhood of Los Angeles, the property offers easy access to major freeways, public transportation, shopping centers, dining, and entertainment venues. This prime location ensures high demand for rental properties, making it a perfect addition to your real estate portfolio.
Additional Features:
Large Lot with Expansion Potential
Newer Roof and Systems
Well-Maintained Common Areas
Minutes from Downtown LA, Hollywood, and Westside
Whether you're an investor seeking immediate cash flow or a developer looking to capitalize on future growth, this renovated quadplex offers the ideal combination of stability, upside potential, and location. Don’t miss out on this unique opportunity to own a piece of Los Angeles real estate with enormous potential!
For more information or to schedule a private showing, contact us today!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAR3
Interior
Interior Features Balcony, Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Laundry Gas Dryer Hookup
Exterior
Parking Features Assigned, Electric Gate
Fence Chain Link
Pool None
Community Features Sidewalks, Urban
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N Yes
View City Lights
Roof Type Flat
Accessibility Parking
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 6032014009
Security Features Security Gate,Smoke Detector(s),Window Bars
Acceptable Financing Cash to New Loan, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash to New Loan, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition Standard
