4536 Wesley, Los Angeles, CA 90037
4536 Wesley, Los Angeles, CA 90037
4536 Wesley, Los Angeles, CA 90037
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$799,900
Est. payment /mo
6,525 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 SR26227289

HOA Y/N No

Year Built 1913

Lot Size 6,525 Sqft

Property Sub-Type Quadruplex

Property Description

This fully occupied fourplex gives you income today with clear upside built in. It has four spacious 2-bed, 1-bath units of about 1,000 sq ft each, totaling [4,116] sq ft on a [6,527] sq ft [LAR3] lot. It runs at a 6.21% CAP with rents still below market. Gas and electricity are separately metered, so tenants pay their own utilities. Each unit has washer/dryer hookups, and a large parking area accessed from Hoover holds up to 7 vehicles. The property is about a mile from Exposition Park, home to the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the LA Memorial Coliseum. USC, BMO Stadium, and Downtown LA are minutes away, with quick access to the I-110, I-10, and I-105. Students, faculty, and downtown professionals keep rental demand strong. With new investment flowing into the South Figueroa corridor and [LAR3] zoning, you can hold for cash flow, bring rents to market, or plan for future expansion or redevelopment. Get paid while you wait for the upside.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5018002010

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Jonathan Kim Equity Union 661-312-2215, DRE #01419100

NEARBY SCHOOL & BUSINESS

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