Unlock the potential of this 4-unit income property located in the heart of Los Angeles, just minutes from USC, Downtown LA, and the iconic Crypto.com Arena. This turn-key investment combines modern brand new construction 2025 with classic remodeled charm and long-term value. All four units will be available, allowing… Read More new ownership the flexibility to select tenants and optimize rental income from day one. With a cap rate of 9.21% and a gross rent multiplier (GRM) of 9.82, this asset presents compelling returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties in the same area available in the portfolio—offering a great opportunity for buyers looking to invest in an individual or multiple income-generating assets. The rear structure is a newly built 2025 duplex, offering two 3-bedroom, 2-bathroom units, each measuring 912 square feet. These modern units have vinyl plank flooring, energy efficient dual-pane windows, tankless water heaters, and in-unit laundry and fully paid off solar panels, which significantly reduce utility and maintenance expenses. The 1923 duplex is remodeled to combine vintage character with modern convenience. Each of these two units offers 2 bedrooms and 1 bathroom in 704 square feet. Recent renovations include updated flooring, copper plumbing and new electrical. All four units are individually metered for gas and electricity, Whether you're focused on building equity, generating passive income, or expanding your real estate portfolio in a high-growth market, this fourplex checks all the boxes for a high-performing investment in a rapidly developing area of Los Angeles. Read Less
Property listed by eXp Realty of Greater Los Angeles, Inc., Brenda Hailey 310-266-9890
Listing Snapshot
Days Online
32
Last Updated
Property Type
Quadruplex
Lot Size
0.13 Acres
Year Built
2025
MLS Number
BB25170048
30 Days Snapshot Of 90044
$715k
+12%
(avg) sold price
9
-10%
homes sold
82
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
ElectricRange, GasRange
Building
Built in 2025, Building area total: 3,232, Levels: One, 1 story, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Sidewalks
Cooling
CentralAir
Accessibility Features
Accessibility features: None
Expenses
Insurance expense: $2,100, Maintenance expense: $4,000, Operating expense: $24,770, Water sewer expense: $3,600, Other expense: $7,737
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
