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Rarely does an opportunity like this come to market. Offered for the first time ever, this exceptional 5-unit investment property showcases true pride of ownership and meticulous long-term care. Featuring four spacious 2-bedroom, 1-bath units plus a detached 3-bedroom, 2-bath rear home, the property offers a highly desirable unit mix that drives strong tenant demand and lasting stability. Zoned GLR3 with outstanding building opportunities, the property also presents the potential to add three additional units"”unlocking the ability to create an eight-unit complex and significantly increase income and long-term value. This is a true turnkey asset"”clean, well maintained, and already performing"”featuring six garage spaces with additional rental upside and an on-site laundry room that generates steady income with room to grow. No deferred maintenance, no heavy rehab"”just immediate cash flow with built-in expansion potential. Ideally located in Los Angeles' 90032 zip code between El Sereno and Montecito Heights, tenants enjoy nearby access to Ascot Hills Park, Debs Park, local shopping along Huntington Drive and Valley Boulevard, and California State University, Los Angeles"”supporting consistent and reliable rental demand. Just minutes from Downtown Los Angeles, residents are also close to world-class dining, nightlife, entertainment, and cultural destinations. Opportunities like this"”first time on the market, impeccably maintained, and with this level of development upside"”are extremely rare in Northeast Los Angeles. A prime chance to secure a high-performing multi-unit asset in a rapidly growing rental corridor.
Property Type(s):
Commercial
| Last Updated | 4/9/2026 | Year Built | 1957 |
|---|---|---|---|
| Community | 621 - El Sereno | County | Los Angeles |
Price History
| Prior to Apr 9, '26 | $2,100,000 |
|---|---|
| Apr 9, '26 - Today | $2,049,999 |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Washer |
| AREA | 621 - El Sereno |
| HEAT | Central, Wall Furnace |
| LOT | 0.2763 acre(s) |
| LOT DESCRIPTION | Front Yard, Landscaped, Sprinklers In Front |
| LOT DIMENSIONS | 12036 |
| STORIES | 2 |
| UTILITIES | Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| WATER | Public |
Location
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Listed with eXp Realty of Southern California 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.
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