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Prime Income Property near Downtown Los Angeles! Take advantage of this outstanding investment opportunity consisting of ten-apartment units; producing $9893 in current monthly income, located in a highly desirable area. The property includes four buildings with a desirable unit mix of one 4-bedroom/2-baths unit, four 2-bedroom/1-bath units and five 1-bedroom/1-bath units. The building numbers are 1050 - 1052 - 1054; constructed in 1963, and have been well cared for. Amenities include on-site laundry room for tenant convenience, off street parking, enclosed yard with metal fencing, and block walls along perimeter of a spacious 17,432 sq ft lot, that includes 10 on-site parking spaces and room to build an additional building. Each unit features separate gas and electric meters. Centrally located just 5 miles from Downtown LA and 3 miles from USC, with quick access to the 110 Freeway and public transportation. Shops, dining, parks, and church or worship facilities are nearby. Interior showings of vacant units only, tenant occupied units shown with accepted offer only. Seller is motivated! Don't miss this rare opportunity.
| DAYS ON MARKET | 62 | LAST UPDATED | 2/5/2026 |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | C42 - Downtown L.A. |
| COUNTY | Los Angeles | STATUS | Conditional |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dryer |
| AREA | C42 - Downtown L.A. |
| HEAT | Wall Furnace |
| LOT | 0.4002 acre(s) |
| LOT DIMENSIONS | 17432 |
| PARKING | Assigned |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/21/26 12:10 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
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