Request More Info
Schedule a Showing
Share
Print
|
Attention savvy investors! Looking for cash please. This 8-bedroom, 4-bath quadplex sits on a spacious 5,990 sq. ft. lot, ideally located just minutes from Vibrant Downtown Los Angeles and USC. Ample parking is available with spaces in front, rear, and plenty of off-street options "” a rare find in the area. Currently under the REAP program, each unit generates an estimated $525/month, with one unit coming vacant "” offering immediate upside potential. The property is being sold as-is, presenting a fantastic opportunity for the right investor to reposition the asset, add value, and significantly increase rental income. With strong demand for student and workforce housing in the area, this is the perfect value-add project to maximize returns and build long-term equity. Also has tons of potential to add ADU and JR ADU into the lot. Be sure to check with the city for requirements and approvals. Don't miss out "” opportunities like this in prime LA locations are rare!
Property Type(s):
Residential Income
| Last Updated | 5/31/2025 | Year Built | 1964 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Price History
| Prior to May 31, '25 | $799,000 |
|---|---|
| May 31, '25 - Today | $775,000 |
Additional Details
| AREA | C42 - Downtown L.A. |
|---|---|
| LOT | 5994 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with PAK Home Realty
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.
Twitter
Facebook
Email