• 2,924 sq.ft.
  • 5,583 sq.ft. lot
offered at $1,050,000
Status: Pending // Property Type:
County: Los Angeles // Year Built: 1964

Property Description

***Rare opportunity to own one of the most valued income properties in a prime location on the LA market!*** You will have difficulty finding a well cared for 4-plex with long-term, wonderful tenants like this one! This gem offers two 1st floor units with patios, two upstairs units, two oversized garages, and an adjacent carport. Minimum annual income starts at $45,000. Increase your profit by taking advantage of California’s statewide expanded housing law which legalizes garage conversions into dwelling units. Imagine the possibilities! All four units feature 2 bedrooms, one full bathroom, oversized living rooms, functional kitchens, and best of all, the rooms allow for plenty of natural light. Unit sizes range from 801-820 square feet. The common areas are kept tidy and perfectly manicured, keeping maintenance costs low. This property has great curb appeal complimented by the lush green lawn, decorated with two beautiful custom art sculptures made from skilled iron work. There are also five gas and electricity meters. Conveniently located near a hand car wash, public storage, Fire Department, gas station and other small businesses, including local coffee shops and eateries. College students are within walking distance to Cal-State LA University. USC Keck Medicine, LA County Hospital, and Downtown LA are just a few minutes away. The property is located within the community of El Sereno in Northeast Los Angeles which borders the cities of South Pasadena and Alhambra. Place an offer today before it’s too late!**VIRTUAL TOURS OF ALL 4 UNITS AVAILABLE UPON REQUEST**

Listing Courtesy of Ying-huei Chou, K.W. EXECUTIVE

Interior Features

Heating: Wall Furnace

Exterior Features

Exterior Features: Sidewalks, Street Lights, Urban
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of September 15, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.