$1,117,000
$1,050,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
6,838 Sqft Lot
SOLD DATE : 03/03/2025
Key Details
Sold Price $1,117,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24171298
Sold Date 03/03/25
Construction Status Turnkey
HOA Y/N No
Year Built 1940
Lot Size 6,838 Sqft
Property Sub-Type Quadruplex
Property Description
Excellent opportunity for investors or owner-users to own and live in a 4-plex within the vicinity of our very own Highly desired Downtown Los Angeles area. VACANT unit is a 2nd level, 1 bedroom, 1 bathroom, with a beautiful Sunroom which has been recently remodeled, updated, and repainted ready for immediate move-in. Quadraplex has TWO 1 bedroom, one bathroom plus sunroom and TWO 2 bedroom and 1 bathroom units separated into 2 separate buildings. Building One features TWO one bedroom, one bathroom, and BONUS sunroom with 3 single car garages. This entire building is constructed with steel beam reinforcement from ground up. There is also a common area room featuring the utilities, storage, and washer/dryer hooks up should the owner prefer to install. Second Building has TWO units which are both 2 bedrooms and 1 bath. Lot has an impeccable landscaped wrap-around yard offering a private side yard for each of the buildings. Secured with Cylinder Block and Chain-Link fencing around the property, with its very own separate entrances. Exterior of both buildings has been recently painted with various upgrades done throughout the units and property. Property has an additional and detached TWO single car garages perfectly situated for future ADU conversion which would be an immense value add in both income and property aspects. Own or Live in the most rapidly growing markets adjacent to Downtown, Rampart Village, Echo Park, and Silver Lake. Area is centrally located to LA's notable Dodger Stadium, Elysium Park, Disney Concert Hall, 110 and 101 freeway, a developing Metro Regional Connector and more!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Rooms
Other Rooms Second Garage
Interior
Interior Features Beamed Ceilings, Built-in Features, Ceiling Fan(s), Multiple Staircases, Storage, Tile Counters, All Bedrooms Up, All Bedrooms Down
Heating Central, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl, Wood
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Garage Faces Front, Garage
Garage Spaces 5.0
Garage Description 5.0
Fence Block, Chain Link
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban, Gated
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Neighborhood
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Second Garage
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5154010025
Security Features Gated Community
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Alejandra Zavalza • Keller Williams Realty Los Feliz
Real Estate Consultant | License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com