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.
For sale
$959,000
Los Angeles, CA 90001
8beds
4baths
2,544sqft
Multi Family
Built in 1959
-- sqft lot
$945,600 Zestimate®
$377/sqft
$-- HOA
What's special
- 5 hours |
- 13 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Vania Rincon DRE # 01489265 323-804-9854,
EstateX inc. 310-770-7032
Source: CLAW,MLS#: 26853219
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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
| Date | Event | Price |
|---|---|---|
| 6/28/2026 | Listed for sale | $959,000$377/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $263,337 |
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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 TransitNearby schools
GreatSchools rating
- 6/10Dr. Lawrence H. Moore Math, Science, Technology AcademyGrades: K-5Distance: 0.1 mi
- 3/10Thomas A. Edison Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10Performing Arts Community At Diego Rivera Learning ComplexGrades: 9-12Distance: 0.2 mi
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