
Los Angeles, California 90006
This Quadruplex Residential Income property represents a High-Potential Investment Opportunity, listed at $1,800,000—positioned slightly above the $1,753,608 Fair Market Value. Built in 2020, this asset maintains an Excellent Condition Rating, ensuring minimal immediate capital expenditure. The property features panoramic skyline views and offers significant rental demand in the Mid-Wilshire/Koreatown submarket. While school ratings in the immediate vicinity are modest, the modern construction and high-density layout provide a stable, income-generating asset. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking modern, low-maintenance inventory.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1210 Fedora Subject 0 bd · 0 ba · 5,288 sqft · $332 | $1,800,000* List Price | 0 | 0 | 5,288 | $332 | - |
A 1107 S Hobart Active 0 bd · 0 ba · 5,785 sqft · $311 · 0.5 mi | $1,800,000 List Price | 0 | 0 | 5,785 | $311 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2020, making it only 4-6 years old. As a newer construction, it features modern electrical and plumbing systems, visible rooftop HVAC units, and contemporary exterior finishes. It meets the criteria for excellent condition as it is less than 10 years old and requires no immediate maintenance.
Built in 2020, this property offers the significant advantage of modern building codes and systems, likely resulting in lower immediate maintenance costs and potential exemptions from certain older rent control restrictions.
With a substantial 5,288 square feet of living space across four units, the property provides large individual floor plans that can command premium market rents in the dense Mid-Wilshire area.
Situated in the high-demand C17 Mid-Wilshire/Koreatown submarket, the property benefits from a central Los Angeles location with historically low vacancy rates and strong tenant demand.
The majority of the nearby public schools are rated 3 out of 10, which may limit the property's appeal to long-term family tenants who prioritize high-performing educational districts.
The building occupies nearly the entire 5,905 square foot lot, leaving minimal room for outdoor amenities, green space, or private yards, which are increasingly sought after by urban renters.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-2 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 5,288 | 2,090.331 |
| Lot Size | 5,905 | 5,852.908 |
| Price | $1.80M | $830.9K |
| Price per sq ft | $340 | $394 |
| Built year | 2020 | 1928 |
| HOA | $0 | $0 |
| Days on market | 11 | 87 |
Oct 29, 2026
$1,800,000
Initial Listing
Mar 5, 2019
$880,000
Public Record
Apr 10, 2015
$490,000
Public Record