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Prime 4-Unit Investment Property Near Downtown LA. Don't miss this incredible income-generating opportunity in a high-demand rental market! This two-story, four-unit building features spacious 1-bedroom, 1-bathroom units, totaling 4,750 sq. ft. on a 7,310 sq. ft. lot. Prime Location! Close to Live LA Life, top restaurants, the Los Angeles Convention Center, Crypto Arena, Fashion District, and the University of Southern California (USC). Easy access to Downtown Los Angeles, freeways, public transportation, and entertainment. Unit #1328 recently upgraded (2024) New floors, cabinets, paint, appliances, and a fully remodeled bathroom. The other three units may need some upgrades. Plenty of space to build up to 2 additional ADUs at the back of the building (buyer to verify with the City of LA). Fully tenant-occupied steady rental income! Drive-by only please respect tenant privacy. All offers subject to interior inspection. Property is being sold in AS-IS condition, without any guarantees or warranties, expressed or implied. A fantastic opportunity for investors looking to add a high-performing rental property to their portfolio. Do not disturb occupants.
Property Type(s):
Residential Income
| Last Updated | 1/29/2025 | Year Built | 1918 |
|---|---|---|---|
| Community | Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Downtown L.A. |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| GARAGE | None |
| HEAT | Wall Furnace |
| LOT | 7310 sq ft |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 2 |
| STYLE | Craftsman |
| VIEW DESCRIPTION | None |
| ZONING | LARD1.5 |
Location
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Listed with Citi Homes Realty, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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