Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1963
Sq.Footage
N/A
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
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
No
-
Parking
Assigned
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.1103
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$998,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Melinda Brock , Estate Properties
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