REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tera Rench

terarenchre@gmail.com +1(262) 370-7299

$2,000,000

Est. payment - /mo

6,751 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26203876

Construction Status Turnkey

HOA Y/N No

Year Built 1923

Lot Size 6,751 Sqft

Property Sub-Type Quadruplex

Property Description

TURNKEY SPANISH REVIVAL FOUR-UNIT | PRIME USC & DOWNTOWN LA LOCATION

Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive modern upgrades, this 4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location.
The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint.
Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today's rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal.
A particularly valuable feature is the property's approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location.
Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset.
A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles' most prominent educational, employment, and cultural centers.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Interior Features Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Wired for Data

Heating Wall Furnace

Cooling ENERGY STAR Qualified Equipment

Flooring Laminate, Wood

Fireplaces Type Living Room

Fireplace Yes

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Stacked

Exterior

Parking Features Unassigned

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights

Total Parking Spaces 10

Private Pool No

Building

Lot Description Landscaped, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5054018021

Energy Description 2400.0

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jason Vallejo Major League Properties 562-217-3369, DRE #02219640

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

2220 Raymond Los Angeles, CA 90007