
Los Angeles, California 90006
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $1,050,000, positioned well above the $801,557 Fair Market Value by -30%. Featuring LARD1.5 Zoning, separate utility metering, and four garage parking spaces, the property offers significant operational efficiency. While the Condition Rating of 5 necessitates a full rehab, the delivery of one vacant unit provides immediate flexibility. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental growth through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1757 S New England Subject | $1,050,000* List Price | 0 | 0 | 2,147 | $373 | - |
A 1311 Dewey Avenue Sold | $875,000 | 0 | 0 | 2,041 | $429 | 0.6 mi |
B 1741 S S New England Active | $950,000 List Price | 0 | 0 | 1,904 | $499 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1900, the property shows significant deferred maintenance and structural wear. Exterior images reveal wood rot on the eaves and roofline of the rear building, peeling paint, and dated electrical configurations. The lack of interior photos combined with the 'upside potential' description indicates that kitchens, baths, and systems likely exceed the 30-50 year renovation threshold and require a full rehab.
One unit will be delivered vacant at the close of escrow, providing an immediate opportunity for an owner-user to move in or for an investor to renovate and lease at current market rates.
The property is separately metered for gas and electricity and includes four rare garage parking spaces and interior laundry, significantly reducing landlord expenses and increasing tenant desirability.
Located minutes from Downtown Los Angeles with easy access to the 10 Freeway and major transit corridors, the property is ideally positioned to capture consistent demand from the local workforce.
Built in 1900, the structure may require substantial ongoing maintenance and capital improvements to address aging systems or potential seismic retrofitting requirements.
The uniform 1-bedroom, 1-bathroom configuration limits the tenant pool to individuals or couples, potentially increasing turnover compared to properties with multi-bedroom family units.
Exceptional four-unit income property located at 1757 S. New England Street, Los Angeles, CA 90006, just minutes from Downtown Los Angeles with convenient access to the 10 Freeway, Hoover Street, and Vermont Avenue corridors. The central location offers proximity to major employment hubs, public transportation, schools, shopping, and dining, supporting strong and consistent rental demand. The property consists of four 1-bedroom, 1-bath units totaling approximately 2,147 square feet of living space on a 6,615 square foot lot. Property is zoned LARD1.5. Property is configured across two detached buildings, providing functional unit layouts and added privacy. The buildings are two stories and were originally constructed in 1900, offering solid fundamentals and long-term ownership appeal. Each unit is separately metered for electricity and gas, allowing for efficient utility management. The property also features four garage parking spaces and interior laundry facilities. Utilities include public water and public sewer. One rear unit will be delivered vacant at the close of escrow, offering immediate flexibility for an owner-user or investor strategy. This property presents a strong opportunity for investors seeking stable income today with upside potential through operational improvements and rental growth.
No exterior & parking available.
Grades K-6 • 0.2 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 | 2,147 | 2,250 |
| Lot Size | 6,615 | 5,864 |
| Price | $1.05M | $826.7K |
| Price per sq ft | $489 | $395 |
| Built year | 1900 | 1925 |
| HOA | $0 | $0 |
| Days on market | 43 | 83 |
Jun 9, 2026
$1,050,000
Initial Listing
May 1, 2007
$690,000
Public Record