
Los Angeles, California 90007
This quadruplex presents a High-Potential Investment Opportunity with a List Price of $1,295,000—positioned above the $1,240,284 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, the 3,264 square foot footprint in the high-demand 90007 zip code near USC ensures robust rental demand. The vintage infrastructure offers a clear path for value-add renovations to increase long-term yields. This asset is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on consistent student and professional housing needs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 Kenwood Avenue Subject 0 bd · 0 ba · 3,264 sqft · $380 | $1,295,000* List Price | 0 | 0 | 3,264 | $380 | - |
A 2422 Juliet Street Sold 7 bd · 4 ba · 2,856 sqft · $341 · 0.5 mi | $975,000 | 7 | 4 | 2,856 | $341 | 0.5 mi |
B 2710 South Normandie Avenue Active 0 bd · 0 ba · 2,928 sqft · $410 · 0.2 mi | $1,200,000 List Price | 0 | 0 | 2,928 | $410 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, the property is functional but dated. Kitchens and bathrooms show older renovations (subway tile, pedestal sinks) that are likely over 20 years old. The presence of wall heaters and window AC units indicates a lack of modern central HVAC systems, and the original hardwood floors show significant wear.
As a quadruplex in a high-demand rental market, this property offers significant cash flow opportunities and investment stability for residential income seekers.
Situated in the 90007 zip code near USC and Exposition Park, the property benefits from a consistent and robust tenant pool of students and urban professionals.
With 3,264 square feet of interior space, the building provides a substantial footprint that allows for spacious unit layouts, enhancing its marketability to renters.
Built in 1922, the property likely faces challenges associated with aging systems and may require significant investment for modern upgrades or seismic retrofitting.
The small 3,551 square foot lot results in high density with minimal outdoor space and potentially restricted on-site parking, which can be a deterrent in the Los Angeles market.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,264 | 2,090.331 |
| Lot Size | 3,551 | 5,852.908 |
| Price | $1.29M | $830.9K |
| Price per sq ft | $397 | $394 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 32 | 87 |
Oct 8, 2026
$1,295,000
Initial Listing
Nov 8, 2017
$920,000
Public Record
Nov 30, 2010
$40,000
Public Record