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Exceptional opportunity to acquire a three-unit income property in the heart of Los Angeles. Situated at 1438 E 20th St, this LARD2-zoned property rests on a 6,483 sq. ft. lot and offers approximately 3,114 sq. ft. of total living space, ideal for investors or owner-occupants alike. The property features a front 4-bedroom, 2-bath unit that is currently tenant-occupied, providing steady rental income. At the rear, two vacant, move-in-ready units offer immediate flexibility. The second unit includes 2 bedrooms and 1 bathroom, while the third unit offers 1 bedroom and 1 bathroom. Both showcase updated interiors with modern flooring, fresh paint, upgraded kitchens, and remodeled bathrooms. With separate entrances and a practical layout, this property is well-suited for maximizing rental potential. The LARD2 zoning and spacious lot may also present future development opportunities (buyer to verify). Conveniently located near schools, shopping, public transit, and major freeways, this is a compelling multifamily investment in one of Los Angeles' high-demand neighborhoods. Schedule your showing today!
| DAYS ON MARKET | 18 | LAST UPDATED | 2/27/2026 |
|---|---|---|---|
| YEAR BUILT | 1904 | COMMUNITY | C42 - Downtown L.A. |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | C42 - Downtown L.A. |
| HEAT | Wall Furnace |
| LOT | 6477 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard |
| LOT DIMENSIONS | 6479 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| STYLE | Contemporary |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 6:13 AM 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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