1003 Calzona Street, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This Turnkey Quadruplex Asset is listed at $1,399,999, offering exceptional stability right at its $1,399,999 Fair Market Value. Boasting an Excellent Condition Rating, the property features comprehensive 2023 renovations including new plumbing, electrical systems, and mini-split HVAC units. Currently generating $9,050 in total monthly income, the asset includes a detached, handicap-accessible main house and a scenic greenbelt view of the city skyline. With modern security and high-end finishes, this property provides immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium house-hacking opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1003 Calzona Street Subject | $1,199,999* List Price | 0 | 0 | 3,549 | $338 | - |
A 3512 3514 E 7th Street Active | $1,075,000 List Price | 0 | 0 | 2,592 | $415 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1931, the property underwent extensive renovations in 2023 across all four units, including new plumbing, electrical systems, mini-split AC/heat units, recessed lighting, and solid wood cabinets. The main house features refinished hardwood floors and updated bathrooms. The images confirm modern, virtually new interiors, kitchens, and bathrooms, aligning with the 'extensively renovated within 5 years' and 'all components new or virtually new' criteria for an excellent rating.
The property is a fully occupied quadruplex generating a total monthly income of $9,050, offering immediate and substantial cash flow for an investor.
All four units were extensively updated in 2023, including new plumbing, electrical systems, recessed lighting, and mini-split AC/heat units, minimizing immediate capital expenditures for a new owner.
The property boasts modern security features such as security cameras, gated access with motion-activated lighting, fencing, and ironwork, providing a secure environment for tenants.
Despite recent renovations, the property was originally built in 1931, which could imply potential for underlying structural or systemic issues not covered by the 2023 updates, or higher insurance premiums.
The instruction 'Please do not disturb the occupants' indicates limited access for potential buyers to view all units, which can complicate the showing process and due diligence.
The property has seen multiple price reductions from an original list price of $1.6M down to $1.399M, which may suggest initial overpricing or challenges in the market at higher price points.
Welcome to 1003 Calzona Street in the beautiful city of Los Angeles! This fabulous property features four remodeled units, each updated in 2023 with recessed lighting, mini split AC/heat units, new plumbing and electrical systems, security cameras, gated access with motion-activated lighting, fencing and iron work, solid wood cabinets customized for each unit, and mirrored wardrobes. There is a coin-operated laundry area for three of the units, while the main house has its own laundry room. The main house is detached, boasting refinished hardwood floors, handicap accessibility, and includes a formal living room, dining room, nook area, three spacious bedrooms, and bathrooms with a walk-in closet. This stunning property has been restored to preserve its original charm while incorporating modern touches. Rental prices are $3,000 per month for the 3 bedroom, 2 bathroom unit; $2,500 per month for the 2 bedroom, 2 bathroom unit; $1,800 per month for one 1 bedroom, 1 bathroom unit; and $1,750 per month for the other 1 bedroom, 1 bathroom unit. Total Monthly Income $9,050. this Property is fully occupied, Please do not disturb the occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,549 | 1,828 | 85% |
| Lot Size | 5,000 | 5,983 | 38% |
| Price | $1.20M | $710.9K | 92% |
| Price per sq ft | $338 | $373 | 38% |
| Built year | 1931 | 1923 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 225 | 188 | 85% |
Apr 10, 2026
$1,199,999
$1,399,999
-14% Price Drop
Initial Listing
Jan 23, 2026
$1,399,999
$1,450,000
-3% Price Drop
Initial Listing
Oct 10, 2025
$1,450,000
$1,600,000
-9% Price Drop
Initial Listing
Sep 9, 2025
$1,600,000
Initial Listing
Nov 1, 2022
$1,250,000
Public Record
Jan 22, 2021
$710,000
Public Record