
Los Angeles, California 90006
This Turnkey Quadruplex Asset is listed at $1,388,888, representing a stable entry point at its $1,362,706 Fair Market Value. The property features an Extensive Recent Remodel across all four units, earning a Condition Rating of 2 for its brand new flooring and quartz countertops. Situated in a Prime Rental Location near USC and Pico Union/Koreatown, the property is served by Berendo Middle School. Given the high demand in this competitive rental market, this income generator is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance multi-family investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1334 S Berendo Street Subject | $1,388,888* List Price | 0 | 0 | 2,623 | $520 | - |
A 2756 W 15th Street Active | $1,070,000 List Price | 0 | 0 | 2,295 | $466 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1906, the property has undergone an extensive recent remodel across all four units. The interior features brand new flooring, completely updated kitchens with modern quartz countertops, and refreshed finishes throughout, meeting the criteria for a property renovated within the last 5 years with no visible deferred maintenance.
Situated less than two miles from USC and minutes from Downtown LA and Koreatown, this property is perfectly positioned to capture high demand from students and urban professionals.
All four units have been completely updated with modern flooring, new kitchens, and quartz countertops, allowing for immediate occupancy and premium rental rates without initial capital expenditure.
As a quadruplex featuring three 2-bedroom units and one 1-bedroom unit, the property offers a robust and versatile income stream in one of Los Angeles' most competitive rental markets.
Originally constructed in 1906, the property may require ongoing maintenance or future upgrades to aging infrastructure systems despite the recent cosmetic renovations.
The majority of assigned public schools carry lower performance ratings, which could limit the appeal for long-term family tenants seeking top-tier educational districts.
Great income generating units! Total of 4 units, 3 units have 2 bedrooms and 1 unit has 1 bedroom. Great Location! less than 2 miles from the university of souther California USC. In Pico union/ Korea Town. Few minutes from downtown Los Angeles, LA Live, Crypto Arena, USC Coliseum and Bank of California Stadium. Units have been completely remodeled with brand new flooring, New kitchen and quartz countertops.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-2 • 0.6 mi
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 | 2,623 | 1,900 | 80% |
| Lot Size | 5,947 | 5,100 | 60% |
| Price | $1.39M | $840.0K | 80% |
| Price per sq ft | $530 | $522 | 60% |
| Built year | 1906 | 1922 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 203 | 20% |
Mar 19, 2026
$1,388,888
$1,588,888
-13% Price Drop
Initial Listing
Feb 28, 2026
$1,588,888
Initial Listing
May 18, 2021
$750,000
Public Record