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$1,425,000
Est. payment /mo
7,054 Sqft Lot
UPDATED:
12/23/2024 06:23 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24177852
Style Traditional
Originating Board California Regional MLS
Year Built 2011
Lot Size 7,054 Sqft
Property Description
ASSUMABLE 2.25% INTEREST RATE FHA Loan - 4 UNITS TOTAL - $7,940 GROSS MONTHLY INCOME Amazing investment opportunity with this meticulously maintained QUADRUPLEX in the heart of Los Angeles. UNIT 1: 3 Bedrooms and 2 Bathrooms, Unit 2: 3 Bedrooms 1 Bathroom, Unit 3: 2 Bedrooms 2 Bathrooms, Unit 4: 2 Bedrooms 1 Bathroom. Two front units built in 2011 and two back units built in 1948. Recent improvements include newer copper plumbing with replaced valves and faucets, and a complete electrical upgrade to 220 volts completed in 2011. The roofs of both the front and back buildings were replaced in 2023, and brand-new rain gutters were installed. Additionally, new windows were fitted in the back units last year. This quadruplex combines modern upgrades with enduring value in a sought-after location. With the opportunity to assume a low 2.25% FHA loan, this property is a compelling choice for savvy investors looking to own a prime income-generating asset in Los Angeles.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Rooms
Kitchen Other
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Laundry Area, Washer/Dryer - Owned, Community Facility
Exterior
Parking Features Carport , Garage, Other
Garage Spaces 8.0
Pool None
View Other, City Lights
Roof Type Other,Shingle
Building
Water Hot Water, District - Public
Architectural Style Traditional
Others
Tax ID 6020016025
Special Listing Condition Not Applicable
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Listed by Carlos Elizalde • Real Broker
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Sharad Gupta
Broker | License ID: 02213637
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