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Exceptional investment opportunity in the heart of Los Angeles. This versatile four-unit income property offers a rare combination of immediate rental income and modern new construction, making it an ideal opportunity for both investors and owner-occupants. Situated on a generous lot in a strong rental market, the property provides a unique opportunity to generate steady income while benefiting from long-term appreciation. The property consists of four units total, including three tenant-occupied units and one newly constructed unit that is vacant and ready to occupy. The brand-new unit, built in 2025, features 3 bedrooms and 2 full bathrooms and offers a modern layout that is perfect for comfortable living. This vacancy creates an excellent opportunity for an owner-occupant to live in the new construction while collecting rental income from the remaining units, or for an investor to lease the unit at market rent and maximize cash flow. The remaining units include two 1-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, all currently occupied. This well-balanced unit mix attracts a variety of tenants and provides consistent rental demand. With three units already producing income and one brand-new unit ready for occupancy or lease, the property offers both stability and upside potential. The property presents an excellent opportunity for investors looking to expand their portfolio with a multi-unit asset that has strong income potential and future growth. The presence of a new construction unit adds significant value and appeal, while the existing tenant-occupied units provide immediate revenue from day one. Conveniently located just minutes from the University of Southern California (USC), USC Village, Exposition Park, and Downtown Los Angeles, the property is ideally positioned in a highly desirable rental corridor. Its close proximity to major freeways and public transportation enhances accessibility, making it especially attractive to students, professionals, and long-term tenants alike. Whether you are looking for a solid investment property, a multi-unit asset with upside potential, or the opportunity to live in a brand-new unit while generating rental income from the others, this 4-unit property offers flexibility, value, and long-term opportunity. Don't miss this exceptional opportunity.
Property Type(s):
Residential Income
| Last Updated | 3/16/2026 | Year Built | 1905 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Gas Oven, Washer, Washer/Dryer Stacked |
| AREA | 699 - Not Defined |
| HEAT | Central |
| INTERIOR | Master Downstairs, Walk-In Closet(s) |
| LOT | 5955 sq ft |
| LOT DIMENSIONS | 5953 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Century 21 A Better Service
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 2026.
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