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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,495,000

Est. payment - /mo

6 Beds

4 Baths

4,380 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,380 sqft

Price per Sqft $341

MLS Listing ID 26837469

Bedrooms 6

HOA Y/N No

Year Built 1924

Lot Size 5,819 Sqft

Property Description

ATTENTION OWNER-OCCUPANT BUYERS AND INVESTORS, ONE OF THE UPPER RENOVATED 2-BEDROOM UNITS CAN BE DELIVERED VACANT AS OF JULY 1ST! Prime Mid-City Fourplex w/ Tremendous Value-Add Opportunity & Strong Upside Potential! Don't miss this exceptional opportunity to own a (4) unit multifamily investment property located in the heart of prime Mid-City, one of Los Angeles' most desirable and centrally located neighborhoods. This stunning property offers a total of 4,380sq.ft. situated on a 5,820sq.ft. lot. The unit mix includes two (2) 2-bedroom + 1-bathroom units and two (2) oversized 1-bedroom + 1-bathroom units, with good potential to be converted into 2-bedroom units due to their generous layouts and large square footage. Each unit boasts spacious floor plans averaging about 1,100sq.ft., providing comfortable and functional living spaces for tenants. Two (2) of the units have been extensively remodeled, featuring: Refinished hardwood oak flooring, Modern quartz countertops, Stainless steel appliances, Updated copper plumbing, Stylishly upgraded kitchens and bathrooms, New in-unit washer & dryers for added convenience. The remaining two (2) units offer value-add potential, allowing investors the opportunity to renovate, reposition, and maximize market rents, significantly increasing overall cash flow. Additional property highlights include: Current monthly gross income: $6,937/month. 4 large detached garages with excellent ADU potential to further enhance rental income. Quiet residential street with easy access to freeways, public transportation, shopping, and dining. Whether you're looking for a strong-performing asset or an opportunity to increase value through strategic renovations and development, this Mid-City fourplex checks all the boxes. Contact us today for more information.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD2

Interior

Flooring Tile, Wood

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5072007008

Financing Cash

Special Listing Condition Standard

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Listed by Nima Tehrany Compass #01305628

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1504 S Bronson AVE Los Angeles, CA 90019

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information