ATTENTION OWNER-OCCUPANT BUYERS AND INVESTORS, ONE OF THE UPPER RENOVATED 2-BEDROOM UNITS CAN BE DELIVERED VACANT AS OF JULY 1ST! 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 excellent ADU potential to further enhance rental income. Quiet residential street with easy access to freeways, public transportation, shopping, and dining. Whether you're looking for a strong-performing asset or an opportunity to increase value through strategic renovations and development, this Mid-City fourplex checks all the boxes. Contact us today for more information.
78 days
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98
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8
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Zillow last checked:
Listing updated:
Listed by:
Nima TehranyDRE # 01305628310-617-6462,
Compass323-593-6999
Source: CLAW,MLS#: 26837469
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Other
Cooling
Other
Appliances
Included: Dryer, Refrigerator, Washer
Features
Flooring: Mixed, Hardwood, Tile
Interior area
Total structure area: 4,380
Total interior livable area: 4,380 sqft
Property
Parking
Total spaces: 8
Parking features: Detached, Garage - 4+ Car, Garage Is Detached
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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