UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PF26191619
Construction Status Turnkey
HOA Y/N No
Year Built 1911
Lot Size 7,431 Sqft
Property Sub-Type Quadruplex
Property Description
Attention investors! Don't miss this exceptional four-unit income-producing property situated on a spacious 7,432 sq. ft. lot in East Los Angeles (90063). The desirable unit mix includes one large 3-bedroom/2-bath unit, one 3-bedroom/1-bath unit, and two 2-bedroom/1-bath units.
The property also offers a landlord-friendly expense structure. All four units are separately metered for gas and electricity, and tenants pay for gas, electricity, and trash. The landlord is primarily responsible for water. A major highlight is the large, gated parking area with 8 dedicated parking spaces, a significant advantage in this high-demand rental market. Located in a quiet and developing East Los Angeles neighborhood with convenient access to major freeways, shopping, dining, Citadel Outlets, and Downtown Los Angeles. An excellent opportunity for investors seeking a strong cash-flowing asset, future upside, or a potential 1031 exchange replacement property.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Other Rooms Storage
Interior
Interior Features Unfurnished
Heating See Remarks
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Appliance Gas Cooktop, Water Heater
Laundry See Remarks
Exterior
Parking Features See Remarks
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
View Y/N No
View None
Roof Type Composition,See Remarks
Accessibility See Remarks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Faces North
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories Two
Additional Building Storage
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5238011017
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Special Listing Condition Standard
Nearby School & Business
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