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The Warburton Team Brokered By EXp

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

$1,050,000

Est. payment - /mo

6,616 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26125775

HOA Y/N No

Year Built 1900

Lot Size 6,616 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional four-unit income property located at 1757 S. New England Street, Los Angeles, CA 90006, just minutes from Downtown Los Angeles with convenient access to the 10 Freeway, Hoover Street, and Vermont Avenue corridors. The central location offers proximity to major employment hubs, public transportation, schools, shopping, and dining, supporting strong and consistent rental demand.

The property consists of four 1-bedroom, 1-bath units totaling approximately 2,147 square feet of living space on a 6,615 square foot lot. Property is zoned LARD1.5. Property is configured across two detached buildings, providing functional unit layouts and added privacy. The buildings are two stories and were originally constructed in 1900, offering solid fundamentals and long-term ownership appeal.

Each unit is separately metered for electricity and gas, allowing for efficient utility management. The property also features four garage parking spaces and interior laundry facilities. Utilities include public water and public sewer.

One rear unit will be delivered vacant at the close of escrow, offering immediate flexibility for an owner-user or investor strategy. This property presents a strong opportunity for investors seeking stable income today with upside potential through operational improvements and rental growth.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5056016021

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA

Special Listing Condition Bankruptcy Property

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Listed by Julio Midolo ReMax Sky 8189741797, DRE #01470385

NEARBY SCHOOL & BUSINESS

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1757 S New England Los Angeles, CA 90006