
Los Angeles, California 90066
This Turnkey Quadruplex Investment is a Prime Investment Opportunity listed at $2,498,000—positioned well below the $2,556,330 Fair Market Value by 2%. This valuation gap offers $58,330 in Instant Equity. Featuring a Good Condition Rating, the property boasts renovated interiors and a rare cul-de-sac location near Top-Rated Schools like Culver City High School. With market-rate rents and individual metering, it ensures immediate cash flow in a high-demand rental market. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12066 Lamanda Street Subject | $2,498,000* List Price | 0 | 0 | 4,065 | $629 | - |
A 12413 Westminster Avenue Active | $2,350,000 List Price | 0 | 0 | 3,548 | $662 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1956 quadruplex is in move-in ready, turnkey condition following extensive interior renovations. The kitchens have been modernized with shaker-style cabinetry, stone countertops, and stainless steel appliances, while bathrooms feature updated vanities and contemporary tile work. The units boast updated flooring and recessed lighting throughout. While the building's vintage infrastructure remains a factor, the high level of maintenance and recent cosmetic and functional upgrades to the living spaces justify a 'good' rating.
Situated on a rare, quiet cul-de-sac in a highly sought-after Westside neighborhood, the property offers a unique blend of privacy and immediate proximity to Silicon Beach, the 405, and coastal amenities.
The property is well-maintained and currently operates at market rents with individual metering for gas and electricity, providing an attractive, low-management income stream for immediate cash flow.
Featuring a large 3-bedroom unit and three 2-bedroom units, the layout is ideal for an owner-user looking to occupy the primary residence while significantly offsetting the mortgage with rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5938, other record lot size in square feet = 5992.
With only 5 parking spots for a total of 9 bedrooms, the parking-to-tenant ratio is tight, which may be a challenge for high-occupancy units in a car-dependent Los Angeles market.
Built in 1956, the property may require higher long-term capital expenditures for legacy plumbing, electrical, or structural systems compared to newer construction, despite recent cosmetic upgrades.
Location…Location…Location!! This is an exceptional opportunity to acquire a four-unit (9 BRs and 5Bths) investment property, with Three (3) 2BR Units and One (1) 3BR Unit located on a quiet cul-de-sac in the highly desirable Mar Vista neighborhood of Los Angeles. Thoughtfully upgraded and well maintained, the property reflects true pride of ownership and currently operates at market rents, creating an attractive turnkey investment opportunity for both seasoned and first-time investors. Each unit is individually metered for gas and electricity, offering efficient expense management for owners. The ample sized property also provides ample parking 5 parking spots, 4 covered and one tandem uncovered, a valuable amenity for tenants in this desirable Westside location. Situated on one of only two cul-de-sacs in Mar Vista, the property offers a rare combination of privacy and convenience. Residents enjoy quick access to the Interstate 405, and are just minutes from the beaches along the Pacific Ocean, the innovation hub of Silicon Beach, and the vibrant shopping and dining destinations the Westside is known for. For buyers seeking a “live in one and rent the others” strategy, this property presents an outstanding opportunity to offset mortgage costs while building long-term equity. A rare chance to own a well-positioned income property in one of Los Angeles’ most sought-after rental markets.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1956 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 13, 2026
$2,498,000
Initial Listing
Jan 25, 2021
$2,000,000
Public Record