4536 Wesley, Los Angeles, CA 90037
4536 Wesley, Los Angeles, CA 90037
4536 Wesley, Los Angeles, CA 90037
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Jonathan Kim, DRE #01419100 • Equity Union
$799,900
Est. payment /mo
6,527 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26227289

Year Built 1913

Lot Size 6,527 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

This fully occupied fourplex gives you income today with clear upside built in. It has four spacious 2-bed, 1-bath units of about 1,000 sq ft each, totaling [4,116] sq ft on a [6,527] sq ft [LAR3] lot. It runs at a 6.21% CAP with rents still below market. Gas and electricity are separately metered, so tenants pay their own utilities. Each unit has washer/dryer hookups, and a large parking area accessed from Hoover holds up to 7 vehicles. The property is about a mile from Exposition Park, home to the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the LA Memorial Coliseum. USC, BMO Stadium, and Downtown LA are minutes away, with quick access to the I-110, I-10, and I-105. Students, faculty, and downtown professionals keep rental demand strong. With new investment flowing into the South Figueroa corridor and [LAR3] zoning, you can hold for cash flow, bring rents to market, or plan for future expansion or redevelopment. Get paid while you wait for the upside.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Laundry Gas Hookup, 30

Exterior

Pool None

Building

Water District - Public

Others

Tax ID 5018002010

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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4536 Wesley

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