
Los Angeles, California 90004
This townhouse-style fourplex represents a High-Potential Investment Opportunity, listed at a List Price of $2,750,000—positioned slightly above the $2,728,364 Fair Market Value. Built in 2016, this Modern Construction Asset maintains a Condition Rating of 2, featuring central HVAC and in-unit laundry. The property is exempt from RSO and AB 1482, providing significant operational flexibility. With its panoramic Los Angeles skyline views and high-utility 3-bedroom floor plans, this is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking stable, low-maintenance income.
Property is new construction or fully renovated.
Built in 2016, this property is within the 10-year threshold for newer construction. It features modern systems including central HVAC and in-unit laundry. The interior is in mint condition with contemporary flooring, recessed lighting, and updated bathrooms with stone countertops and modern fixtures, requiring no immediate maintenance.
The property is not subject to Los Angeles RSO and is currently exempt from AB 1482, offering investors rare flexibility for rental increases and management compared to older multifamily assets.
Built in 2016, this newer construction fourplex features modern systems, central HVAC, and in-unit laundry, significantly reducing immediate capital expenditure and ongoing maintenance costs.
The townhouse-style 3-bedroom, 3-bathroom layouts include a bedroom and full bath on the main level, maximizing tenant appeal for roommates, multi-generational families, or home-office needs.
The current list price of $2.75M is notably lower than the 2017 sale price of $2.95M, suggesting a lack of appreciation or a market correction that may concern value-add investors.
Situated on a busy central Los Angeles corridor, the property faces high urban density and traffic noise, which may limit the pool of long-term tenants seeking a quieter residential environment.
Built in 2016, this well-maintained townhouse-style fourplex presents a rare opportunity to own a newer construction income property in a highly convenient central Los Angeles location. The property is not subject to RSO and currently exempt from AB 1482 rent control, offering greater flexibility for ownership and rental operations. Each unit features a thoughtfully designed and highly flexible 3-bedroom, 3-bathroom floor plan, including a bedroom and full bathroom on the main level—ideal for guests, roommates, multi-generational living, or a home office. Upstairs, two spacious bedroom suites provide privacy and comfort, making the layouts especially appealing to today's renters. As a newer construction property, the building offers lower maintenance costs compared to older multifamily properties. In addition, tenants pay all utilities except trash, helping reduce operating expenses and improve investment performance. Residents enjoy modern amenities including central air conditioning and heating, in-unit laundry, abundant natural light, and townhouse-style living that feels more like a private home than a traditional apartment. Conveniently situated near Koreatown, Downtown Los Angeles, USC, and major transportation corridors, the property offers easy access to West Hollywood, Beverly Hills, Hollywood, and other major employment and entertainment centers. Combining a prime location, newer construction, flexible floor plans, lower maintenance, and strong tenant appeal, this property presents an exceptional investment opportunity with long-term upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 6,448 | 2,250 |
| Lot Size | 7,988 | 5,864 |
| Price | $2.75M | $826.7K |
| Price per sq ft | $426 | $395 |
| Built year | 2016 | 1925 |
| HOA | $0 | $0 |
| Days on market | 23 | 83 |
Jun 29, 2026
$2,750,000
Initial Listing
Apr 15, 2025
$2,347,000
Public Record
Dec 21, 2017
$2,950,000
Public Record
Apr 11, 2016
$2,050,000
Public Record
Feb 25, 2015
$527,000
Public Record
Jul 18, 2000
$255,000
Public Record