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Listed by Diana Hernandez • The Oppenheim Group
$1,025,000
Est. payment /mo
2,876 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,876 sqft
Price per Sqft $356
MLS Listing ID OC-26174408
Year Built 1923
Lot Size 5,401 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
**TRIPLEX PLUS PERMITTED ADU A TOTAL OF 4 UNITS, 2 UNITS ARE VACANT** Incredible investment opportunity in the heart of South Los Angeles! This well-positioned income property features a triplex plus a fully permitted ADU for a total of 4 units, offering immediate cash flow with significant upside potential on two vacant units ready to lease today. The front house (Unit 1) is a spacious 3 bedroom and 1 bathroom home that was tastefully remodeled approximately 3 years ago and is currently occupied at $3,100/month. Unit #2, located upstairs on the left rear of the property, is a 1 bedroom and 1 bathroom unit currently occupied at $2,100/month. Unit #3 is a brand new fully permitted ADU on the ground level featuring 3 bedrooms and 1 bathroom — vacant and move-in ready, commanding top market rents from day one. Unit #4 is a 1 bedroom and 1 bathroom upper right unit that is also vacant and ready for a new tenant. The property sits in a prime location close to everything — parks, schools, restaurants, shopping centers, churches, and public transportation. Easy access to the 110 and 10 Freeways makes commuting a breeze for tenants, ensuring strong and consistent rental demand.
Whether you are a seasoned investor or looking to house hack and have your tenants pay your mortgage, this property checks every box. Two vacant units mean YOU set the rents with no existing tenant restrictions. Do not miss this rare opportunity to own a 4-unit income property in one of Los Angeles' most in-demand rental markets.
Whether you are a seasoned investor or looking to house hack and have your tenants pay your mortgage, this property checks every box. Two vacant units mean YOU set the rents with no existing tenant restrictions. Do not miss this rare opportunity to own a 4-unit income property in one of Los Angeles' most in-demand rental markets.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Interior
Laundry None
Exterior
Pool None
Community Features Sidewalks
Building
Lot Description No Landscaping, 2-5 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900