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For sale
  • $959,000

     Los Angeles, CA 90001

    8beds
    4baths
    2,544sqft
    : 
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    Multi Family
    Built in 1959
    -- sqft lot
    $945,600 Zestimate®
    $377/sqft
    $-- HOA

    What's special

    Exceptional Value-Add Fourplex in the Heart of South Los Angeles!Pride of ownership shines throughout this well-maintained four-unit investment property, offered for sale for the first time in many years by the same family. Featuring four spacious 2-bedroom, 1-bath units, this fully occupied asset offers immediate, reliable cash flow with long-term tenants who have an excellent history of on-time rent payments.The property offers outstanding curb appeal with a freshly painted exterior, secure gated entry, covered parking, and attractive drought-tolerant landscaping, all situated directly across from a neighborhood park that enhances the tenant experience.Two units have been tastefully maintained, while two offer an excellent opportunity for cosmetic improvements, allowing the next owner to increase value and maximize future rental income. Separate gas and electric meters minimize operating expenses, with the seller currently responsible for only water and trash.Located on an LCR3YY-zoned lot, this property presents exciting long-term upside, including the potential to add an Accessory Dwelling Unit (ADU) or further enhance the site (buyer to independently verify all development possibilities with the City of Los Angeles).Conveniently located near schools, shopping, public transportation, major freeways, and Downtown Los Angeles, this is an outstanding opportunity for investors seeking stable income today with significant future appreciation and value-add potential.Property Highlights:* Four spacious 2-bedroom, 1-bath units* Fully occupied with long-term, reliable tenants* Strong history of on-time rent payments* Freshly painted exterior with excellent curb appeal* Secure gated entry and covered parking* Separate gas and electric meters* Seller pays only water * Directly across from a neighborhood park* LCR3YY zoning with potential ADU/development opportunities (buyer to verify)Please do not disturb tenants. Drive-by only. Interior inspection subject to an accepted offer. Buyer to independently verify all information, including square footage, zoning, permits, rent control status, development potential, and all aspects of the property.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Vania Rincon DRE # 01489265 323-804-9854,

    EstateX inc. 310-770-7032

    Source: CLAW,MLS#: 26853219MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Natural Gas
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      • Laundry: None
      Interior area
      • Total structure area: 2,544
      • Total interior livable area: 2,544 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Carport
      • Carport spaces: 4
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Pool features: None
      • Spa features: None
      Lot
      • Size: 5,863 Square Feet
      • Features: Lot-Level/Flat, Rectangular Lot, City Lot
      Details
      • Additional structures: None
      • Parcel number: 6008031026
      • Zoning: LCR3YY
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Repair Cosmetic
      • Year built: 1959

      Utilities & green energy

      • Sewer: Paid
      • Water: District

      Community & HOA

      Community
      • Security: Gated
      HOA
      • Amenities included: None
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $377/sqft
      • Tax assessed value: $404,717
      • Date on market: 6/28/2026
      • Tenant pays: Gas, Electricity

        Estimated market value

        $945,600

        $898,000 - $993,000

        $2,469/mo

        Price history

        DateEventPrice
        6/28/2026Listed for sale$959,000$377/sqft
        Source: CLAW #26853219 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,311 +4.3%$404,717 +2%
        2024$7,010 +6.7%$396,782 +2%
        2023$6,570 +4%$389,003 +2%
        2022$6,316 +1.2%$381,376 +2%
        2021$6,242 -0.6%$373,899 +1%
        2020$6,277 $370,066 +2%
        2019$6,277 +5.7%$362,811 +2%
        2018$5,938 $355,698 +2%
        2017$5,938 +1.8%$348,724 +2%
        2016$5,834 +2.4%$341,887 +1.5%
        2015$5,696 +1.2%$336,752 +2%
        2014$5,629 $330,156 +2.5%
        2012-- $322,221 +2%
        2011-- $315,904 +0.8%
        2010-- $313,544 -0.2%
        2009-- $314,290 +2%
        2008-- $308,128 +2%
        2007-- $302,087 +2%
        2006-- $296,165
        2005-- $296,165 +4%
        2004-- $284,667 +1.9%
        2003-- $279,451 +2%
        2002-- $273,973 +4%
        2000-- $263,337

        Monthly payment

        Est. payment

          Payment breakdown

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          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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          Climate risks

          Neighborhood: 90001

          Getting around

          62 / 100
          Good Transit

          Nearby schools

          GreatSchools rating

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