Los Angeles, CA90063
| 3498 sqft | MLS# 25510129PS
Tract:
For Sale $1,330,000
Description
Four nearly 900 sq ft renovated / new apartments with individual utility meters with garages. Property will be delivered with tenants in place in two units (leases) and two units will be delivered vacant (30 day notice given for one and month to month lease on other unit). Panoramic views of downtown Los Angeles and the iconic Hollywood sign from both upper level units. Solid rental history with all units quickly leases when available.. Two rear units are completely remodeled, including electrical, plumbing, windows, drywall, and roof, etc. and with all brand new appliances and the two front units are remodeled with long term tenants. All units have an abundance of natural lighting and the front units can enjoy a private fenced yard and the back units get to enjoy an entertaining large open patio. This four unit complex is well maintained and is the perfect investment for those looking to generate substantial rental income. Only four miles from downtown Los Angeles and close proximity to California State University LA, USC, City of Terrace parks and recreation center and library, schools, public transportation, IH10, IH710 and walking to all shopping, restaurants and weekly Farmer's market just steps away. High demand area for long and short term rentals. There are four one car detached garages with alley access and plenty of street parking and public parking lots just steps away. Don't miss this opportunity to own a beautiful art deco architecture apartment building with huge income potential. Rear upstairs unit on combo lockbox and three units are tenant occupied. Please do not disturb tenants. Some photos are virtually staged.
Facts
| Built in 1940 | Lot Size: 5483.00 sqft | HOA Dues: $0/month
Features
Ceiling Fan(s),Recessed Lighting
Listing provided by La Var Deem, Marquez Deem Realty
Based on information from California Regional Multiple Listing Service, Inc. as of July 25, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
