Fourplex · 2 recorded sales since 2021
Listing Agent: Danny Navarro (DRE #01938421) · Listing Office: Century 21 Allstars · Contact: 949-903-6633 · Bought with: Melvianne Andersen · Melvianne Andersen · MLS #DW25145544 · Source: CRMLS
Large 4 unit property located in a high demand OPPORTUNITY ZONE. Spacious building with over 4,000 sqft of living space built in 1923. It features 4 large-1 bedroom units just about 1,030 sqft each with spacious living rooms, kitchen and laundry area inside each unit. Additionally, there is significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access. All units are tenant occupied with a generous rental upside $49,668/annually (+/- 4.73% CAP Rate, +/-21.14 GRM). Located near USC, iconic venues like the LA Memorial Coliseum, BMO Stadium, Natural History Museum, California African American Museum, Rose Garden, California Science Center, Shrine Auditorium & Expo Hall, Galen Center, and major Olympic event locations, this property is perfectly remodeled and positioned to capitalize on increased demand for housing during and beyond the Games. Don't miss out on this chance to secure a property in one of LA's hottest neighborhoods before the world arrives!
Listing description from the September 2025 sale, as reported to CRMLS.