Welcome to a fantastic investment opportunity in the vibrant Pico/Union area fourplex with a 5% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods! The property is fully occupied and with no vacancy.
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DAYS ON MARKET
|
80
|
LAST UPDATED
|
1/14/2025
|
|
YEAR BUILT
|
1905
|
COMMUNITY
|
Downtown L.A.
|
|
COUNTY
|
Los Angeles
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STATUS
|
Active
|
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PROPERTY TYPE(S)
|
Residential Income
|
|
|
| APPLIANCES |
Disposal, Refrigerator |
| AREA |
Downtown L.A. |
| GARAGE |
None |
| LOT |
2050 sq ft |
| PARKING |
None |
| SEWER |
Other |
| STORIES |
2 |
| STYLE |
Traditional |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| ZONING |
LARD1.5 |
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Listed with Exclusive Realty Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/3/25 4:12 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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