136 E Avenue 44, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath
136 E Avenue 44
Los Angeles, California 90031
Property Price
SUMMARY
Analysis of 136 E Avenue 44, Los Angeles, California 90031 is currently available with a list price of $1,499,999. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1906, has been explicitly described as 'fully remodeled' with 'modern finishes and move-in ready condition' for all four units. Images confirm recent updates including new wood-look laminate flooring, fresh paint, modern white shaker-style kitchen cabinets, new countertops, and updated appliances (a mix of white and stainless steel). Bathrooms feature new vanities, tiled shower surrounds, and modern fixtures. While the underlying infrastructure of a 1906 building may still be older, the visible living spaces are extensively renovated and require no immediate work, aligning with the 'Good' criteria for properties extensively renovated within 5-15 years and being move-in ready. The absence of central AC and the basic nature of some appliances (e.g., white range, no visible dishwasher in one unit) prevent an 'Excellent' rating, which implies all components are virtually new and meet the highest current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Fully Remodeled Units
All four units have been fully remodeled, offering modern finishes and move-in ready condition, which minimizes immediate capital expenditure for a new owner.
- Immediate Income Upside
With three out of four units currently vacant, a new owner has an immediate opportunity to lease at market rents, significantly maximizing cash flow from the outset.
- Desirable Unit Mix & Size
The property features a strong unit mix, including one 3-bed/2-bath and three 3-bed/1-bath units, all described as spacious, appealing to a broad tenant demographic.
CONSRISKS & DEFICIENCIES
- High Initial Vacancy Rate
While offering upside, the 75% vacancy rate means the property is not generating full income immediately, requiring significant effort and potential marketing costs to secure new tenants quickly.
- Historic Building Age
Built in 1906, despite being fully remodeled, the underlying infrastructure (e.g., plumbing, electrical, foundation) may still be original or older, potentially leading to unforeseen maintenance issues or higher insurance premiums.
- Lack of Mentioned Parking
The property description does not specify parking availability, which can be a significant concern and potential drawback for tenants in a dense urban area like Los Angeles.
About 136 E Avenue 44
Fully Remodeled 4-Unit Multifamily with Immediate Upside! Exceptional opportunity to own a 4-unit multifamily property with a desirable unit mix and strong rental potential. The building features one spacious 3-bedroom, 2-bathroom unit and three 3-bedroom, 1-bathroom units. Four units have been fully remodeled, offering modern finishes and move-in ready condition for new tenants. Currently, 3 units are vacant, providing an immediate opportunity to lease at market rents and maximize cash flow. The property is ideally located near schools, shopping, dining, and major freeway access, ensuring consistent rental demand. With updated interiors, large floor plans, and significant income upside from the vacancies, this asset is perfect for both seasoned investors and those expanding their portfolio.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1906
- Lot Size
- 7,503 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,616 | 2,476 | 85% |
| Lot Size | 7,503 | 6,949 | 54% |
| Price | $1.50M | $1.07M | 92% |
| Price per sq ft | $325 | $399 | 38% |
| Built year | 1906 | 1912 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 135 | 232 | 15% |
Pricing History
Listed for Sale
Oct 22, 2025
$1,499,999
Initial Listing
Sold
Aug 23, 2011
$455,000
Public Record
Sold
Mar 18, 2004
$575,000
Public Record
Sold
Oct 9, 2003
$410,000
Public Record