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Jim & Jennie Real Estate Group

jimandjennie.re@gmail.com +1(619) 840-2023

$1,349,999

Est. payment - /mo

6 Beds

8 Baths

7,002 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26194984

Bedrooms 6

Lot Size 7,002 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Rare opportunity to own a spacious fourplex in the heart of Mid Los Angeles with one large 2-bedroom unit delivered vacant, making this an excellent option for an owner-occupant or investor seeking immediate rental income with future upside. The property offers approximately 4,662 square feet of living area on an approximately 7,000 square foot lot and features two 2-bedroom units and two 1-bedroom units, each with generous floor plans of approximately 1,165 square feet and additional bonus space. The vacant 2-bedroom unit is bright and inviting with expansive living and dining areas, abundant windows, updated flooring, a spacious kitchen, approximately 1.75 baths, and in-unit laundry hookups. Three additional units are currently occupied and generate existing income, while the vacant unit provides an immediate opportunity for owner occupancy or market-rate rental income. Each unit has separately metered gas and electricity, helping simplify utility responsibilities. Additional highlights include four detached garage spaces, substantial off-street parking, gated frontage, and a large rear parking area. Ideally located near Koreatown, USC, Downtown Los Angeles, major employment centers, dining, shopping, public transportation, and the 10 Freeway. A compelling opportunity for an owner-user looking to offset housing costs with rental income or an investor seeking a well-located four-unit asset with existing income and meaningful long-term rental upside. Buyer to verify all square footage, permits, unit configurations, rents, expenses, and potential uses.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From the I-10 Freeway, exit Arlington Ave and head south. Turn left on Washington Blvd, then right on 4th Ave. Property will be

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5060027014

Acceptable Financing Conventional, FHA, VA

Listing Terms Conventional, FHA, VA

Virtual Tour https://www.zillow.com/view-imx/4d159091-5de4-49f1-b5aa-b8678ca12323?initialViewType=pano&utm_source=dashboard

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Listed by Felix Hung, DRE#01876487 Real Broker
Co-listed byAlice Youn • Real Broker

Nearby Locations

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Jim & Jennie Real Estate Group

+1(619) 840-2023

Broker/CEO License ID: 01879102

2022 4th Avenue Los Angeles, CA 90018

Jim & Jennie Real Estate Group

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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2022 4th Avenue