1350 E 94th, Los Angeles, California 90002, Los Angeles, 90002 - 0 bed, 0 bath
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Los Angeles, California 90002
This Turnkey Quadruplex Asset is listed at $1,750,000, representing a stable investment positioned near its $1,695,760 Fair Market Value. The property boasts a Mint Condition Rating following a comprehensive renovation featuring quartz countertops and modern finishes across four detached units. Currently fully leased at market rates, the asset provides immediate cash flow and a versatile multi-unit configuration on a 10,618 sqft lot near local schools and transit. The detached garage offers a prime ADU Conversion opportunity to further increase ROI. This high-performing property is ideal for Buy-and-Hold Investors or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1350 E 94th Subject | $1,750,000* List Price | 0 | 0 | 4,401 | $385 | - |
A 8711 Mckinley Place Active | $1,300,000 List Price | 0 | 0 | 3,646 | $357 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1932, the property has undergone a comprehensive, modern renovation within the last 5 years. The interiors feature turnkey finishes including new shaker-style cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, recessed lighting, and new flooring throughout, meeting the criteria for a mint-condition renovation.
The property features four separate detached homes on a single large lot, offering tenants superior privacy compared to traditional apartment blocks and simplifying management of individual units.
All four units are currently leased at full market value with modern updates already completed, providing a stable and high-performing income stream from the day of acquisition.
The presence of a detached garage offers a prime opportunity for an ADU conversion, allowing investors to add a fifth rental unit and substantially increase the property's long-term valuation.
The list price of $1.75M represents a substantial increase from its 2021 sale price of $810,000, which may challenge the appraisal or result in a tighter capitalization rate for the area.
Originally built in 1932, the property may require higher long-term maintenance reserves for aging infrastructure and core systems despite the recent cosmetic interior renovations.
Welcome to 1350, 1354, 1356 E 94th St, and 9404 Zamora Ave, a rare and versatile investment opportunity in Los Angeles featuring four separate homes on one lot. Each unit has been thoughtfully updated with modern finishes, offering comfortable and attractive living spaces that appeal to today’s renters. All four homes are currently leased at full market value, providing strong and stable income from day one. The property has been well maintained, making it an ideal turnkey asset for investors seeking immediate cash flow with minimal upkeep. In addition to its current performance, the property offers significant upside potential. A detached garage presents an excellent opportunity for conversion into an ADU (Accessory Dwelling Unit), allowing for additional rental income and long-term value growth. Conveniently located with access to major freeways, public transportation, schools, and local amenities, this property combines functionality, income stability, and future development potential. Whether you're expanding your portfolio or looking for a high-performing multi-unit asset, 1350 E 94th St is an opportunity you won’t want to miss.
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 | 4,401 | 2,300 | 93% |
| Lot Size | 10,618 | 4,756 | 93% |
| Price | $1.75M | $949.0K | 93% |
| Price per sq ft | $398 | $398 | 50% |
| Built year | 1932 | 1953 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 179 | 7% |
Apr 25, 2026
$1,750,000
Initial Listing
Aug 25, 2021
$810,000
Public Record