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Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
$1,050,000
Est. payment /mo
3,080 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,080 sqft
Price per Sqft $340
MLS Listing ID CRSB25167775
HOA Y/N No
Year Built 1926
Lot Size 0.261 Acres
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Well maintained 4-unit property located on a 11,359 Sq.Ft. lot zoned R3 in TOC Tier 3, presents an excellent redevelopment opportunity or adding multiple ADUs(buyer to verify). Property consists of 4 separate buildings - two 1-bedroom units ($989, $2,340) and two 2-bedroom units ($837, $2,650). Property is generating $81,792 of total Rental Income and has very low expenses. With rental upside of over 46% and possibility to add ADUs the property presents an outstanding value-add opportunity. New owner can redevelop the property utilizing density bonus or add two additional units and keep existing structures. In either case, this is investment with huge potential and upside.
Location
State CA
County Los Angeles
Interior
Heating None
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Laundry No Hookups
Exterior
View None
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613