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PERFECTLY LOCATED JUST WEST OF DTLA AND KOREATOWN | FRONT BUILDING REMODELED AT THE END OF LAST YEAR, BACK BUILDING RECENTLY RENOVATED | DELIVERED OPTIONS: 2 UNITS VACANT, 2 UNITS WITH LEASES EXPIRING BEFORE JUNE 30TH | LOW-MAINTENANCE FRONT AND BACK YARD | IMPECCABLY MAINTAINED HOME | CAP RATE: 6.26%Exceptional Quadplex–A Prime Investment and Living Opportunity, Luxurious interiors, and an unbeatable location. Whether you are seeking a profitable investment or a comfortable home, this property is an ideal choice. Recent renovations have transformed the buildings into a more modern and inviting space, further enhancing their value and appeal. The property is secured with an automated entry gate and consists of two separate buildings, housing a total of four units. Main Building Size, 3,110 sq. ft. (Two-story structure), Five generously sized bedrooms and three bathrooms, The first floor features a beautifully designed family and dining area, complete with an elegant chandelier, custom hardwood finishes, and a cozy fireplace. The recently remodeled kitchen boasts premium materials and finishes, offering an inspiring space for culinary creations. A versatile patio serves as an ideal bonus room or hobby space, while the large basement provides ample storage or multifunctional use. The second floor includes additional bedrooms and a sunlit sunroom, accessible via two staircases (main and kitchen-adjacent). Rear Building, 2,020 sq. ft. (Three units), Comprising one unit with one bedroom and one bathroom, and two units with two bedrooms and one bathroom each, totaling five bedrooms and three bathrooms. All units have been meticulously updated with high-end materials, exuding a sleek and modern atmosphere. Includes a one-car garage, making it perfect for owner-occupants looking to generate additional rental income. Lot Size: 9,001sq. ft and ample parking with one garage and seven designated spaces, expandable to accommodate up to 14 vehicles with tandem parking. The property also includes a low-maintenance landscaped garden. HVAC independent systems for each unit/room. Within walking distance of Pio Pico Middle School and the highly-rated Speakeasy Fitness Center. Conveniently close to the 10 Freeway, providing seamless access to the greater Los Angeles area. The main building and one unit in the rear building are currently vacant, offering immediate opportunities for occupancy or leasing. property. TOURS AVAILABLE AFTER THE OPEN HOUSE ON 1/18/2025.
Property Type(s):
Residential Income
| Last Updated | 1/14/2025 | Year Built | 1912 |
|---|---|---|---|
| Community | Mid Los Angeles | Garage Spaces | 1.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Free-Standing Range |
| AREA | Mid Los Angeles |
| BASEMENT | Yes |
| CONSTRUCTION | Concrete, Drywall, Glass, Hardboard |
| EXTERIOR | Lighting |
| FIREPLACE | Yes |
| GARAGE | Concrete, Driveway, Electric Gate, Garage, One Space, RV Gated, Yes |
| HEAT | Space Heater |
| HOA DUES | 0 |
| INTERIOR | Balcony, Built-in Features, Ceiling Fan(s), Ceramic Counters, Crown Molding, Dry Bar, Granite Counters, High Ceilings, Pantry, Storage, Two Story Ceilings, Workshop |
| LOT | 9001 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | Concrete,Driveway,Electric Gate,Garage,RV Gated,One Space |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Craftsman |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Electric: Electricity - On Property,Standard |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAR3 |
Location
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Listed with Western Realty Group
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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