4432 Wesley, Los Angeles, CA 90037
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Edwin Valiente • Tri-Pillar Realty
$1,250,000
Est. payment /mo
1 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $1,250,000

MLS Listing ID DW-26199841

Year Built 1912

Lot Size 7,832 Sqft

Property Sub-Type Commercial/Residential

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Prime Investment Opportunity and income producing property. This well-kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath) with long term tenants. Six of the eight tenants have been living here for ten plus years. All remodeled extensively around Eight years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 5 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for the new buyer. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Interior Features Balcony, 2 Staircases

Heating Wall Furnace

Flooring Concrete, Tile

Fireplaces Type None

Laundry In Kitchen

Exterior

Pool None

Community Features Curbs

Utilities Available Sewer Connected, Water Available, Other, Natural Gas Available

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

Read Less Info

Nearby Locations

GET MORE INFORMATION

John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Channel Cities Realty Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

4432 Wesley