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Positioned on a high-visibility corner in a walkable neighborhood, this four-unit building presents a compelling opportunity for investors seeking stability, upside potential, and minimal immediate maintenance. With key capital improvements already completed"”including **new dual-pane windows (2023)** and a **new roof (2024)**"”the property is well-positioned for long-term performance. Two of the units have been upgraded with **newer furnaces** and **tankless water heaters**, reducing future replacement costs and enhancing tenant satisfaction. Each unit is notably **light and spacious**, contributing to tenant retention and consistent occupancy. The property includes **four off-street parking spaces**, a valuable amenity in this area, and is located within walking distance of both an **elementary school** and **local shopping**, making it attractive to a broad tenant base. All appliances are tenant-owned, with the exception of Unit 4, minimizing owner responsibility for replacements. **Importantly, the building falls under **Los Angeles City Rent Control (RSO)** guidelines, offering predictable regulatory parameters for long-term planning.This is a turn-key asset with strong fundamentals"”ideal for investors looking to hold and benefit from steady cash flow, future appreciation, and a location that supports consistent demand
DAYS ON MARKET | 29 | LAST UPDATED | 8/18/2025 |
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YEAR BUILT | 1963 | COMMUNITY | 195 - West Wilmington |
COUNTY | Los Angeles | STATUS | Active |
PROPERTY TYPE(S) | Residential Income |
ADDITIONAL DETAILS | |
AIR | None |
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AREA | 195 - West Wilmington |
HEAT | Wall Furnace |
LOT | 4805 sq ft |
LOT DESCRIPTION | Corner Lot |
PARKING | Assigned |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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