Exceptional investment opportunity in the heart of Los Angeles. This versatile four-unit income property offers a rare combination of immediate rental income and modern new construction, making it an ideal opportunity for both investors and owner-occupants. Situated on a generous lot in a strong rental market, the property provides a unique opportunity to generate steady income while benefiting from long-term appreciation. The property consists of four units total, including three tenant-occupied units and one newly constructed unit that is vacant and ready to occupy. The brand-new unit, built in 2025, features 3 bedrooms and 2 full bathrooms and offers a modern layout that is perfect for comfortable living. This vacancy creates an excellent opportunity for an owner-occupant to live in the new construction while collecting rental income from the remaining units, or for an investor to lease the unit at market rent and maximize cash flow. The remaining units include two 1-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, all currently occupied. This well-balanced unit mix attracts a variety of tenants and provides consistent rental demand. With three units already producing income and one brand-new unit ready for occupancy or lease, the property offers both stability and upside potential. The property presents an excellent opportunity for investors looking to expand their portfolio with a multi-unit asset that has strong income potential and future growth. The presence of a new construction unit adds significant value and appeal, while the existing tenant-occupied units provide immediate revenue from day one. Conveniently located just minutes from the University of Southern California (USC), USC Village, Exposition Park, and Downtown Los Angeles, the property is ideally positioned in a highly desirable rental corridor. Its close proximity to major freeways and public transportation enhances accessibility, making it especially attractive to students, professionals, and long-term tenants alike. Whether you are looking for a solid investment property, a multi-unit asset with upside potential, or the opportunity to live in a brand-new unit while generating rental income from the others, this 4-unit property offers flexibility, value, and long-term opportunity. Don’t miss this exceptional opportunity.
161 days
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97
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Zillow last checked:
Listing updated:
Listed by:
George ValenciaDRE #02083024562-250-7151,
Century 21 A Better Service
Source: CRMLS,MLS#: DW26052764Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Rooms
Room types: Bedroom, Entry/Foyer, Family Room, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
Features: Primary Suite
Primary bedroom
Features: Main Level Primary
Bedroom
Features: All Bedrooms Down
Heating
Central
Cooling
Central Air
Appliances
Included: 6 Burner Stove, Gas Oven, Dryer, Washer
Laundry: Common Area, Stacked
Features
All Bedrooms Down, Main Level Primary, Primary Suite, Walk-In Closet(s)
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 2,804
Total interior livable area: 2,804 sqft
Property
Parking
Total spaces: 5
Parking features: Assigned
Uncovered spaces: 5
Accessibility
Accessibility features: Parking
Features
Levels: One
Stories: 1
Entry location: Front
Pool features: None
Spa features: None
Fencing: Average Condition
Lot
Size: 5,953 Square Feet
Features: 2-5 Units/Acre
Details
Parcel number: 5121016009
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Roof: Shingle
Condition
New construction: Yes
Year built: 1905
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected