1362 E 20th Street, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $678,888, positioned well below the $767,428 Fair Market Value by 11%. This valuation gap offers $88,540 in Instant Equity. With a Condition Rating of 5, the property requires a capital-intensive renovation to modernize its dated interiors. Featuring rare alley access with nine-vehicle parking and a panoramic Downtown LA skyline view, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage value-add potential near major employment hubs.
Property is extensive renovation needed.
Built in 1964 (60 years old) and explicitly marketed as a 'value-add' renovation opportunity. The interior shows dated tile flooring, popcorn ceilings, and 20+ year old kitchen cabinetry, while the exterior exhibits deferred maintenance including peeling paint and cracked concrete.
Situated minutes from Downtown LA, USC, and major entertainment hubs like Crypto.com Arena, the property offers high rental demand and excellent accessibility for tenants.
Featuring rare alley access with parking for up to nine vehicles, this property provides a highly sought-after amenity that is exceptionally rare in this dense urban area.
The four-unit configuration of 2-bedroom, 1-bathroom layouts is ideal for maximizing rental income or accommodating owner-occupants seeking to offset their mortgage.
The majority of assigned public schools in the immediate vicinity carry low ratings, which may impact the property's appeal to families and long-term residential stability.
Marketed as a renovation opportunity, the property likely requires significant upfront investment to modernize units and achieve competitive market-rate rents.
Exceptional investment opportunity in the heart of Los Angeles! This four-unit income property features four 2-bedroom, 1-bathroom units, offering an ideal setup for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income. This property presents an excellent value-add opportunity for investors looking to renovate, increase rental income, and build long-term equity. The property offers rare alley access with parking for up to nine vehicles—a highly desirable feature in this area. The lot configuration may also provide additional upside potential, subject to buyer verification and local regulations. Conveniently located just minutes from Downtown Los Angeles, USC, Exposition Park, BMO Stadium, Crypto.com Arena, LA Live, shopping, dining, public transportation, and major freeways, this property provides excellent accessibility for tenants and owners alike. Whether you're looking to add value through renovations, expand your investment portfolio, or secure a property with long-term appreciation potential, this is an opportunity you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,380 | 2,250 |
| Lot Size | 5,992 | 5,864 |
| Price | $678.9K | $826.7K |
| Price per sq ft | $201 | $395 |
| Built year | 1964 | 1925 |
| HOA | $0 | $0 |
| Days on market | 13 | 83 |
Jul 9, 2026
$678,888
Initial Listing