6,699 Sqft Lot
6,699 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS26208008
HOA Y/N No
Year Built 1922
Lot Size 6,699 Sqft
Property Sub-Type Quadruplex
Property Description
Exceptional investment opportunity featuring a 2023-built triplex plus ADU with four total units, fully occupied by long-term tenants and generating approximately $197,028 in annual gross scheduled rents. Priced right with a potential 7%+ cap rate, depending on operating expenses.
The property includes three spacious five-bedroom residences, each with multiple bathrooms, private living areas, and garage parking, plus a separate studio ADU. All four units feature separately metered electric, gas, and water, with tenants responsible for their individual utilities. Solar and drought-conscious landscaping further enhance the property's efficiency and reduce ongoing ownership costs.
Located in South Los Angeles, the property is approximately 3.5 miles from SoFi Stadium and Kia Forum, 4 miles from USC and BMO Stadium, 8 miles from Downtown Los Angeles, and 10 miles from LAX, with convenient access to the 110, 105, 10, and 405 freeways.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Interior Features Recessed Lighting
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Built-In Range, Disposal
Laundry Common Area
Exterior
Exterior Feature Lighting
Parking Features Assigned
Garage Spaces 5.0
Garage Description 5.0
Fence Privacy
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Other
Accessibility Safe Emergency Egress from Home
Total Parking Spaces 9
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6034021016
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "