
Los Angeles, California 90039
This Residential Income Quadruplex in the high-demand Elysian Valley submarket is listed at $1,199,999, aligning with its $1,173,848 Fair Market Value. Featuring four 2-bedroom, 1-bathroom units and Neighborhood views, the property maintains a Fair Condition Rating with functional layouts that ensure stable tenancy. The asset benefits from its proximity to the LA River path and schools like Allesandro Elementary, offering significant Value-Add potential despite RSO limits. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing house-hack opportunity in Frogtown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2710 Queen Subject | $1,199,999* List Price | 0 | 0 | 3,538 | $332 | - |
A 3119 Larga Avenue Sold | $1,299,999 | 9 | 8 | 3,396 | $383 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this quadruplex appears well-maintained with some exterior updates like paint and fencing, but it lacks evidence of a comprehensive modern renovation. The property is aged but functional, fitting the 'Fair' criteria of being maintained through regular upkeep while likely retaining older interior components and systems typical of its era.
Situated in the high-demand Elysian Valley submarket, the property benefits from its proximity to the LA River path and the trendy creative hubs of Silver Lake and Echo Park.
The building features four 2-bedroom, 1-bathroom units, a highly desirable configuration that typically attracts stable, long-term tenancy and commands stronger market rents.
With over 3,500 square feet of living space and a history of functional improvements, this quadruplex offers a solid entry point into a neighborhood experiencing significant growth and appreciation.
Built in 1964, the property is subject to the Los Angeles Rent Stabilization Ordinance (RSO), which restricts annual rent increases and can impact immediate cash flow optimization.
While some nearby schools perform well, others in the immediate vicinity have low ratings (as low as 2/10), which may be a deterrent for families looking to rent in the area.
Four-unit multifamily opportunity in the sought-after Elysian Valley (Frogtown) submarket of Los Angeles. The property features four 2-bedroom, 1-bathroom units with functional layouts that continue to attract stable tenancy. The building has seen various improvements over time, supporting overall livability and ongoing performance. Elysian Valley continues to gain attention for its unique blend of residential charm and creative energy, anchored by the LA River path and an expanding mix of dining, retail, and local businesses. Its central location provides convenient access to Downtown Los Angeles, Silver Lake, Echo Park, and major transportation corridors. This is an ideal investment for buyers seeking exposure to a neighborhood with strong tenant demand, lifestyle appeal, and continued growth.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 44% |
| Baths | 0.0 | 2.0 | 44% |
| Square foot | 3,538 | 1,930 | 89% |
| Lot Size | 5,453 | 5,453 | 50% |
| Price | $1.20M | $1.41M | 33% |
| Price per sq ft | $339 | $744 | 11% |
| Built year | 1964 | 1950 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 139 | 11% |
Apr 7, 2026
$1,199,999
Initial Listing
Feb 5, 2007
$700,000
Public Record