Located in the heart of South Los Angeles, this investment property has a strong upside potential in a neighborhood that’s actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The… Read More area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income—turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this s a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Seller motivated to entertain the best and highest offers. PRICE TO SELL. Read Less
Property listed by Keller Williams North Valley, Angela Dominguez 818-633-1077
Listing Snapshot
Days Online
95
Last Updated
Property Type
Quadruplex
Lot Size
0.15 Acres
Year Built
1913
MLS Number
SR25070265
30 Days Snapshot Of 90037
$773k
+10%
(avg) sold price
5
-37%
homes sold
53
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1913, Building area total: 2,772, Levels: One, 1 story, 1 building, Common walls: NoCommonWalls
Community
Park, Sidewalks
Expenses
Insurance expense: $2,500, Operating expense: $23,436, Water sewer expense: $7,200, Other expense: $13,736
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.
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