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Exceptional four-unit investment opportunity in Los Angeles offering immediate income, vacancy flexibility, and strong rental upside. The property features an attractive unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, ideal for maximizing rental demand and long-term appreciation. Two units will be delivered vacant, including unit 9538, a fully renovated 2-bedroom, 1-bath unit with dedicated parking, move-in ready for an owner-user or immediate market-rate lease. Unit 9542 the second 2-bedroom unit, in solid condition, will also be vacant at close of escrow, providing additional lease-up flexibility and strong income upside. Unit 9542 1/2 is a 1-bedroom, 1-bath unit has been fully renovated and is currently leased at market rent, offering stabilized income. Unit 9540, the remaining 1-bedroom unit is occupied by a long-term legacy tenant of over 10 years at below-market rent, presenting clear future rental growth potential. This asset presents multiple investment strategies: "¢ Owner-occupy and offset mortgage with rental income "¢ Lease-up vacant units at market rates for strong cash flow "¢ Renovate and reposition remaining units to maximize returns "¢ Long-term hold with rent growth and appreciation With renovated interiors, a desirable bedroom mix, parking, and two vacant units at closing, this is a rare opportunity to acquire a flexible, income-producing property with both immediate revenue and value-add upside in a strong Los Angeles rental market. Excellent opportunity for investors, 1031 exchange buyers, or house hackers seeking both cash flow and long-term equity growth.
Property Type(s):
Residential Income
| Last Updated | 2/17/2026 | Year Built | 1930 |
|---|---|---|---|
| Community | WATT - Watts | County | Los Angeles |
Additional Details
| AIR | Attic Fan, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater |
| AREA | WATT - Watts |
| CONSTRUCTION | Ducts Professionally Air-Sealed, Plaster, Radiant Barrier, Stucco |
| EXTERIOR | Lighting, Rain Gutters |
| HEAT | Gravity, Natural Gas |
| INTERIOR | Ceiling Fan(s), Granite Counters, Master Downstairs, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Wired for Data |
| LOT | 3428 sq ft |
| LOT DESCRIPTION | Back Yard, Corners Marked, Front Yard, Level, Near Public Transit, Paved, Rectangular Lot |
| LOT DIMENSIONS | 3430 |
| PARKING | Assigned, Asphalt, Concrete, Driveway, Electric Gate, Gated, On Site, Off Street, Paved, Private, Shared Driveway, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Fiv Realty Co.
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