Homes for sale - 1045 E 20th ST, Los Angeles, CA 90011

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,295,000

Est. payment - /mo

5,998 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25252903

HOA Y/N No

Year Built 2021

Lot Size 5,998 Sqft

Property Sub-Type Apartment

Property Description

NO RENT CONTROL AND FULLY VACANT AT CLOSING!
Built in 2021, 1045 E 20th Street is ideal for any owner/user or investor looking for newly constructed 4Plex in the heart of Los Angeles. All units are 4-Bed 3-Bath units, ideal for families or co-living tenants. With each unit measuring at about 1,300 SF, the property sits on a 6,000 SF lot. The property is projected to generate $15,980 in monthly scheduled rent, translating to an attractive 6.07% cap rate and 11.97 GRM, making this an exceptional opportunity for investors seeking strong cash flow and a modern, low-maintenance asset. The property's central location and newer construction ensure long-term demand, stable returns, and minimal deferred maintenance for years to come. Located just minutes from Downtown Los Angeles, USC, and the Fashion District, the property offers residents convenient access to major employment centers, freeways, and public transit. With all units vacant, investors have the flexibility to lease at market rates or explore owner-occupancy options.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Fireplace No

Appliance Washer

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Laundry Room

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Rural, Suburban, Sidewalks, Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5131007012

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

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Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559

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