Prime 4-Unit Investment Property Near Downtown LA. Don't miss this incredible income-generating opportunity in a high-demand rental market! This two-story, four-unit building features spacious 1-bedroom, 1-bathroom units, totaling 4,750 sq. ft. on a 7,310 sq. ft. lot. Prime Location! Close to Live LA Life, top restaurants, the Los Angeles Convention Center, Crypto Arena, Fashion District, and the University of Southern California (USC). Easy access to Downtown Los Angeles, freeways, public transportation, and entertainment. Unit #1328 recently upgraded (2024) New floors, cabinets, paint, appliances, and a fully remodeled bathroom. The other three units may need some upgrades. Plenty of space to build up to 2 additional ADUs at the back of the building (buyer to verify with the City of LA). Fully tenant-occupied steady rental income! Drive-by only please respect tenant privacy. All offers subject to interior inspection. Property is being sold in AS-IS condition, without any guarantees or warranties, expressed or implied. A fantastic opportunity for investors looking to add a high-performing rental property to their portfolio. Do not disturb occupants.
|
DAYS ON MARKET
|
131
|
LAST UPDATED
|
5/30/2025
|
|
YEAR BUILT
|
1918
|
COMMUNITY
|
C42 - Downtown L.A.
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| AREA |
C42 - Downtown L.A. |
| CONSTRUCTION |
Stucco |
| FIREPLACE |
Yes |
| HEAT |
Wall Furnace |
| LOT |
7309 sq ft |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| SEWER |
Other |
| STORIES |
2 |
| STYLE |
Craftsman |
| VIEW DESCRIPTION |
None |
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Salem to contact you even if your name is on a Federal or State
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Listed with Citi Homes 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 6/8/25 1:02 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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