
Los Angeles, California 90044
This Turnkey Quadruplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,199,999—positioned well below the $1,197,056 Fair Market Value (priced at market stability). Featuring a fully remodeled owner's unit and an Excellent Condition Rating, this asset provides immediate cash flow alongside massive development potential. The oversized 9,507 sqft lot allows for the addition of up to four detached ADUs, offering a clear path to density-driven appreciation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury residence with significant long-term ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1110 W. 92nd Subject 0 bd · 0 ba · 3,170 sqft · $378 | $1,199,999* List Price | 0 | 0 | 3,170 | $378 | - |
A 10625 S Budlong Sold 0 bd · 0 ba · 2,571 sqft · $354 · 1.0 mi | $909,000 | 0 | 0 | 2,571 | $354 | 1.0 mi |
B 761 W 103rd Sold 0 bd · 0 ba · 2,079 sqft · $486 · 0.7 mi | $1,010,000 | 0 | 0 | 2,079 | $486 | 0.7 mi |
C 525 W 85th Street Sold 0 bd · 0 ba · 4,209 sqft · $368 · 0.8 mi | $1,550,000 | 0 | 0 | 4,209 | $368 | 0.8 mi |
D 9705 S Normandie Active 0 bd · 0 ba · 3,200 sqft · $312 · 0.5 mi | $999,999 List Price | 0 | 0 | 3,200 | $312 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a fully remodeled owner's unit with new plumbing, a new water heater, and modern finishes. With one unit updated as recently as 2025 and the main unit undergoing a complete renovation within the last 5 years, the property meets the criteria for mint condition with no immediate maintenance required.
The primary 3-bedroom unit is fully remodeled with high-end finishes, new plumbing, and a custom en-suite, offering a turnkey living experience for an owner-occupant.
The oversized 9,507 sqft lot and existing 4-car garage provide a rare opportunity to add up to four ADUs, significantly maximizing the property's density and long-term ROI.
As a quadruplex with one rental unit recently updated in 2025, the property generates immediate rental income to offset the mortgage while the owner occupies the luxury unit.
Originally built in 1926, the property may require ongoing capital expenditures for the maintenance of older structural elements not addressed in the recent unit remodels.
Realizing the full ADU potential requires significant additional upfront investment and construction management, which may be a hurdle for some investors.
Unit 1 - Owner Unit:* 3-bed, 2.5-bath - fully remodeled. New hardwood floors, remodeled kitchen, new fridge/freezer, fresh paint, W/D in-unit, new water heater + new plumbing, custom primary en-suite bathroom. *Units 2, 3, 4:* Three 2-bed, 1-bath rental units. One was updated in 2025 *ADU / Expansion Upside:* Huge lot = ADU goldmine under CA law. 1. *Convert existing* detached 4-car garage to ADU right away - 0-ft setback allowed if you keep same footprint. 2. *Expand / Build New* - Can build up to 1,200 sq ft per ADU, and because it's already 4 units, state law allows up to *4 detached ADUs*. 3. *Fast approval* - By-right, ministerial approval - city must approve in 60 days, no hearings or neighbor votes needed. In short: Turnkey 4-plex with one luxury owners unit, 4 rent-payers + legal path to add 4 more ADUs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,170 | 2,090.331 |
| Lot Size | 9,507 | 5,852.908 |
| Price | $1.20M | $830.9K |
| Price per sq ft | $379 | $394 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 49 | 87 |
Sep 21, 2026
$199,999
Initial Listing
Sep 21, 2026
$1,199,999
Initial Listing
Sep 12, 2023
$870,000
Public Record