Prime Mid-City investment opportunity offering strong fundamentals, desirable unit mix, and long-term upside in one of Los Angeles' most centrally located rental markets. This well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet and features three spacious two-bedroom units and one one-bedroom unit, each with the added convenience of in-unit laundry.Designed for efficient ownership, the property offers separate gas and electric meters for each unit, helping streamline management and reduce operating expenses. Six total parking spaces, provide a valuable off-street parking advantage in a high-demand urban neighborhood.Built in 1971, the property benefits from strong rental appeal and a central Mid-City location with convenient access to major corridors, including the 10 Freeway. Recent improvements include a newer roof on the rear structure & newer water heather at units 1,3, & 4, along with interior renovations to Unit #3. With its sought-after location, practical unit mix, parking, in-unit laundry, and operational efficiencies, this Mid-City fourplex presents a compelling opportunity for investors seeking stable income potential, future rent growth, and long-term appreciation. Whether expanding an existing portfolio or pursuing a value-add multifamily asset in a proven Los Angeles submarket, this property is positioned to check all the right boxes.
58 days
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94
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8
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Zillow last checked:
Listing updated:
Listed by:
Aaron MejiaDRE # 01896881310-497-2029,
Christie's International Real Estate SoCal424-249-7162
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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