1741 S S New England, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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Los Angeles, California 90006
This Centrally Located Quadruplex Asset is listed at $950,000, positioned alongside a $808,727 Fair Market Value. This pricing reflects the high-demand corridor near Crypto Arena, where the RD1.5 Zoning and 6,622 sqft lot offer significant redevelopment potential. Currently holding a Fair Condition Rating, the property features two separate buildings and rare four-car garage parking. A notable living area discrepancy suggests unrecorded square footage, providing a unique value-add opportunity. Located near the highly-rated Hoover Street Elementary School, this is a strategic acquisition for Buy-and-Hold Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1741 S S New England Subject | $950,000* List Price | 0 | 0 | 1,904 | $425 | - |
A 1713 S Berendo Street Sold | $679,000 | 0 | 0 | 1,900 | $357 | 0.3 mi |
B 1311 Dewey Avenue Sold | $875,000 | 0 | 0 | 2,041 | $429 | 0.6 mi |
C 2006 W 12th Street Active | $850,000 List Price | 0 | 0 | 2,166 | $392 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, this quadruplex is well-maintained and tenant-occupied but shows clear signs of age. The kitchens and bathrooms feature outdated cabinetry, older white appliances, and vintage tiling. While functional and tidy, the property lacks modern renovations, with older windows, flooring, and fixtures throughout, placing it firmly in the fair category for its age and condition.
Situated minutes from Downtown Los Angeles, Crypto Arena, and L.A. Live, the property offers exceptional proximity to major employment hubs and entertainment, ensuring high rental demand.
The RD1.5 zoning on a 6,622 sqft lot provides significant upside for investors looking to increase density or redevelop in a versatile, high-growth urban area.
With a variety of unit sizes including a 3-bedroom layout and the rare inclusion of two 2-car garages, the property appeals to a wide range of tenants while maximizing income potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1904, other record living area = 3118.
Built in 1922, the property likely requires ongoing maintenance and capital improvements to modernize century-old systems and ensure long-term structural integrity.
The majority of local public schools are rated poorly (3/10), which may limit the property's appeal to families and impact long-term appreciation compared to higher-rated districts.
Exciting Investment or Development Opportunity Minutes from Downtown Los Angeles!This 4-unit property consists of two separate buildings: Front Building: Unit 1: 2 Bedrooms / 2 Baths Unit 2: 1 Bedroom / 1 Bath Back Building: Unit 3: 3 Bedrooms / 1 Bath (Upstairs) Unit 4: 1 Bedroom / 1 Bath (Downstairs) The property also offers two attached 2-car garages and features great tenants who take pride in their homes, ensuring a reliable rental income.Prime Location: Just a short distance from Crypto Arena, L.A. Live, and easy access to the 10 and 101 freeways. Zoned RD1.5, this property is a versatile asset in a high-demand market.Don’t miss this chance to invest in a centrally located opportunity with fantastic tenants!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 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 | 1,904 | 1,900 | 60% |
| Lot Size | 6,622 | 5,100 | 60% |
| Price | $950.0K | $840.0K | 80% |
| Price per sq ft | $499 | $499 | 50% |
| Built year | 1922 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 203 | 20% |
Feb 24, 2026
$950,000
Initial Listing
Jul 26, 2013
$500,000
Public Record