Description
Prime investment opportunity in los angeles – renovated quadplex with strong rental income potential
presenting an exceptional opportunity for investors and developers in one of los angeles' most sought-after neighborhoods. this meticulously renovated quadplex offers a solid income stream with modernized units, enhanced by a prime location that provides significant upside potential for future growth.
maximum rental income potential, with its modern finishes, spacious layouts, and high demand for quality rental units in the area, this quadplex is poised to deliver excellent rental returns. the property is positioned to attract a wide range of tenants, from professionals to families, all seeking the vibrant lifestyle that los angeles has to offer.
the property is zoned for up to 10 additional units, offering an incredible opportunity for expansion and future development. whether you’re looking to maximize your investment by adding more rental units or looking for a long-term play in a growing market, this zoning provides the flexibility to increase density and capitalize on the property’s prime location.
with ample parking for tenants, this property caters to the needs of today’s renters, many of whom rely on vehicles. the parking area ensures nestled in a vibrant neighborhood of los angeles, the property offers easy access to major freeways, public transportation, shopping centers, dining, and entertainment venues. this prime location ensures high demand for rental properties, making it a perfect addition to your real estate portfolio.
additional features:
large lot with expansion potential
newer roof and systems
well-maintained common areas
minutes from downtown la, hollywood, and westside
whether you're an investor seeking immediate cash flow or a developer looking to capitalize on future growth, this renovated quadplex offers the ideal combination of stability, upside potential, and location. don’t miss out on this unique opportunity to own a piece of los angeles real estate with enormous potential!
for more information or to schedule a private showing, contact us today!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47662699
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Flat
- Interior Features: Balcony,Ceiling Fan(s)
- Fireplace: None
- Flooring: Carpet,Laminate
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1929
- Building Area Total: 4,592
- Roof: Flat
Security Features
- Security Gate,Smoke Detector(s),Window Bars
Accessibility Features
- Parking
Pool Features
- None
Laundry Features
- Gas Dryer Hookup
Fencing
- Chain Link
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2077
- Lot Size Source: Assessor
- Lot Size Square Feet: 9047
-
Listing Information
Listing Price Information
- Original List Price: 1,385,000
- Listing Contract Date: 2024-11-15
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6032014009
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Electric Gate
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 4959
- Directions: Manchester to Hover and 85th St.
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Quadruplex
Building and Construction
- Property Age: 95
- Common Walls: 2+ Common Walls
- Property Condition: Updated/Remodeled,Turnkey
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Entry Level: 4
- Entry Location: Front Gate
- Property Attached: Yes
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BuyOwner last updated this listing 11/21/2024 @ 17:23
- MLS: DW24235248
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 4,592 sqft, 9,047 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90044, this Los Angeles County Home are nearby neighborhoods.