Prime Investment Opportunity in Los Angeles – Renovated Quadplex with Strong Rental Income PotentialPresenting an exceptional opportunity for investors and developers in one of Los Angeles' most sought-after neighborhoods. This meticulously renovated quadplex offers a solid income stream with modernized units, enhanced by a prime location that provides significant upside potential for future growth.Maximum Rental Income Potential, with its modern finishes, spacious layouts, and high demand for quality rental units in the area, this quadplex is poised to deliver excellent rental returns. The property is positioned to attract a wide range of tenants, from professionals to families, all seeking the vibrant lifestyle that Los Angeles has to offer.The property is zoned for up to 10 additional units, offering an incredible opportunity for expansion and future development. Whether you’re looking to maximize your investment by adding more rental units or looking for a long-term play in a growing market, this zoning provides the flexibility to increase density and capitalize on the property’s prime location.With ample parking for tenants, this property caters to the needs of today’s renters, many of whom rely on vehicles. The parking area ensures Nestled in a vibrant neighborhood of Los Angeles, the property offers easy access to major freeways, public transportation, shopping centers, dining, and entertainment venues. This prime location ensures high demand for rental properties, making it a perfect addition to your real estate portfolio.Additional Features:Large Lot with Expansion PotentialNewer Roof and SystemsWell-Maintained Common AreasMinutes from Downtown LA, Hollywood, and WestsideWhether you're an investor seeking immediate cash flow or a developer looking to capitalize on future growth, this renovated quadplex offers the ideal combination of stability, upside potential, and location. Don’t miss out on this unique opportunity to own a piece of Los Angeles real estate with enormous potential!For more information or to schedule a private showing, contact us today!
|
DAYS ON MARKET
|
11
|
LAST UPDATED
|
11/15/2024
|
|
YEAR BUILT
|
1929
|
COMMUNITY
|
Not Defined
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| AREA |
Not Defined |
| GARAGE |
Assigned, Electric Gate |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| INTERIOR |
Balcony, Ceiling Fan(s) |
| LOT |
9047 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| PARKING |
Assigned,Electric Gate |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| UTILITIES |
Electricity Available,Natural Gas Available,Sewer Available,Water Available, Electric: Standard |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| WATER |
Public |
| ZONING |
LAR3 |
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Listed with Circle Real Estate
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 11/26/24 3:53 AM PST 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 2024.
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