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The Warburton Team Brokered By EXp

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

$1,350,000

Est. payment - /mo

4,800 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26156976

HOA Y/N No

Year Built 1988

Lot Size 4,800 Sqft

Property Sub-Type Quadruplex

Property Description

This turnkey four-unit income property presents an outstanding investment opportunity, featuring a beautifully remodeled Unit 2 with a modern, high-end aesthetic and a newly constructed ADU with its own private entrance. The spacious unit mix offers strong tenant appeal while providing excellent long-term income potential. Ideally located near Cal State LA and with convenient access to Downtown Los Angeles and other major employment and lifestyle destinations, the property benefits from consistent rental demand. With projected rental increases, investors have the opportunity to achieve an estimated 5.1% capitalization rate, making this an attractive option for both long-term investors seeking stable cash flow and owner-occupants looking to offset ownership costs with rental income.
Current Rents (Total: $7,619.43/month)
Unit 1: 3 Bed / 2 Bath - $1,609.81
Unit 2: 2 Bed / 2 Bath - $2,250
Unit 3: 2 Bed / 2 Bath - $1,259.62
Unit 4 (ADU): 2 Bed / 2 Bath - $2,500

Current Financials:
Annual Net Income: $69,928.57
Net Operating Income (NOI): $69,928.57
Annual Operating Expense: $21,504.59
Gross Rent Multiplier (GRM): 14.76%
Capitalization Rate (Cap Rate): 5.18%

Location

State CA

County Los Angeles

Area 621 - El Sereno

Interior

Heating Combination, Ductless

Cooling Ductless

Flooring See Remarks

Fireplaces Type None

Fireplace No

Appliance Built-In Range

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N No

View None

Accessibility None

Total Parking Spaces 2

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 5216021010

Energy Description 1000.0

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

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Listed by Steven Gray eXp Realty of Greater Los Angeles 213-570-9275, DRE #02194905

NEARBY SCHOOL & BUSINESS

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