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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$999,000

Est. payment - /mo

6,242 Sqft Lot

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Sat May 09, 11:00am - 2:00pm

Sun May 10, 11:00am - 2:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26098057

HOA Y/N No

Year Built 1947

Lot Size 6,242 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional investment opportunity in a high demand rental pocket of South Los Angeles! This very well-maintained 4-unit property offers strong income potential with three units delivered vacant, making it ideal for investors looking to set market rents or owner-occupy while generating cash flow.

Each spacious unit just under 1,000 sq ft of living space (buyer to verify), with 2 bedrooms and 1 bathroom, providing highly desirable layouts for tenants. The property has been well cared for, including newer windows, enhancing both efficiency and overall appeal.
One unit is currently in mid-renovation, presenting a prime value-add opportunity for the next owner to complete improvements and potentially achieve premium market rents upon completion.

The property sits on a secured gated lot and includes a 4-car garage, offering additional upside potential (ADU, storage, or parking income—buyer to verify).

Conveniently located near Van Ness Recreation Center, tenants benefit from nearby green space, recreation, and accessibility to major streets, transit, and local amenities.

Market rents for comparable 2-bedroom units in the area are trending approximately $2,400–$2,800+, with upside potential as units are updated and stabilized.
Opportunities like this—with multiple vacant units and value-add potential—are becoming increasingly rare in this market. Priced to attract strong investor interest.
All information deemed reliable but not guaranteed.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry Washer Hookup

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Dog Park, Street Lights, Sidewalks, Urban, Park

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Sprinklers In Front, Lawn, Near Park, Yard

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5005021015

Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA 203(k), FHA, Fannie Mae, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA 203(k), FHA, Fannie Mae, VA Loan

Special Listing Condition Trust

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Listed by Jenarda Makupson Kingdom Keys Realty 424-420-6650, DRE #01999805

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1919 W 54th Los Angeles, CA 90062