PERFECTLY LOCATED JUST WEST OF DTLA AND KOREATOWN | FRONT BUILDING REMODELED AT THE END OF LAST YEAR, BACK BUILDING RECENTLY RENOVATED | DELIVERED OPTIONS: 2 UNITS VACANT, 2 UNITS WITH LEASES EXPIRING BEFORE JUNE 30TH | LOW-MAINTENANCE FRONT AND BACK YARD | IMPECCABLY MAINTAINED HOME | CAP RATE: 6.26%Exceptional Quadplex–A Prime Investment and Living Opportunity, Luxurious interiors, and an unbeatable location. Whether you are seeking a profitable investment or a comfortable home, this property is an ideal choice. Recent renovations have transformed the buildings into a more modern and inviting space, further enhancing their value and appeal. The property is secured with an automated entry gate and consists of two separate buildings, housing a total of four units. Main Building Size, 3,110 sq. ft. (Two-story structure), Five generously sized bedrooms and three bathrooms, The first floor features a beautifully designed family and dining area, complete with an elegant chandelier, custom hardwood finishes, and a cozy fireplace. The recently remodeled kitchen boasts premium materials and finishes, offering an inspiring space for culinary creations. A versatile patio serves as an ideal bonus room or hobby space, while the large basement provides ample storage or multifunctional use. The second floor includes additional bedrooms and a sunlit sunroom, accessible via two staircases (main and kitchen-adjacent). Rear Building, 2,020 sq. ft. (Three units), Comprising one unit with one bedroom and one bathroom, and two units with two bedrooms and one bathroom each, totaling five bedrooms and three bathrooms. All units have been meticulously updated with high-end materials, exuding a sleek and modern atmosphere. Includes a one-car garage, making it perfect for owner-occupants looking to generate additional rental income. Lot Size: 9,001sq. ft and ample parking with one garage and seven designated spaces, expandable to accommodate up to 14 vehicles with tandem parking. The property also includes a low-maintenance landscaped garden. HVAC independent systems for each unit/room. Within walking distance of Pio Pico Middle School and the highly-rated Speakeasy Fitness Center. Conveniently close to the 10 Freeway, providing seamless access to the greater Los Angeles area. The main building and one unit in the rear building are currently vacant, offering immediate opportunities for occupancy or leasing. property. TOURS AVAILABLE AFTER THE OPEN HOUSE ON 1/18/2025.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
1/14/2025
|
|
YEAR BUILT
|
1912
|
COMMUNITY
|
Mid Los Angeles
|
|
GARAGE SPACES
|
1.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Free-Standing Range |
| AREA |
Mid Los Angeles |
| BASEMENT |
Yes |
| CONSTRUCTION |
Concrete, Drywall, Glass, Hardboard |
| EXTERIOR |
Lighting |
| FIREPLACE |
Yes |
| GARAGE |
Concrete, Driveway, Electric Gate, Garage, One Space, RV Gated, Yes |
| HEAT |
Space Heater |
| HOA DUES |
0 |
| INTERIOR |
Balcony, Built-in Features, Ceiling Fan(s), Ceramic Counters, Crown Molding, Dry Bar, Granite Counters, High Ceilings, Pantry, Storage, Two Story Ceilings, Workshop |
| LOT |
9001 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre |
| PARKING |
Concrete,Driveway,Electric Gate,Garage,RV Gated,One Space |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Craftsman |
| UTILITIES |
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Electric: Electricity - On Property,Standard |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LAR3 |
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Listed with Western Realty Group
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 1/14/25 10:18 PM 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 2025.
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