
Los Angeles, California 90063
This Quadruplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,249,000. While priced slightly above the $1,178,935 Fair Market Value, the asset features two brand-new 2025 ADUs with solar panels, ensuring low maintenance and modern efficiency. With a Mint Condition Rating, this property offers immediate rental income potential across four units. Its proximity to Downtown LA and major transit hubs makes it a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a high-demand urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3045 E 5th Subject 0 bd · 0 ba · 2,900 sqft · $407 | $1,249,000* List Price | 0 | 0 | 2,900 | $407 | - |
A 3634 Lanfranco Active 0 bd · 0 ba · 3,132 sqft · $399 · 0.8 mi | $1,250,000 List Price | 0 | 0 | 3,132 | $399 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is classified as a 2025 build featuring two brand-new ADUs with solar panels and updated systems. Although two units are existing structures, the overall site has been recently developed with new concrete, fencing, and modern infrastructure, meeting the criteria for mint condition with low expected maintenance.
The property features two brand-new ADUs built in 2025, which significantly reduces immediate capital expenditure and ongoing maintenance costs while providing modern living spaces.
The inclusion of solar panels on the new ADU building offers a significant value-add by improving energy efficiency and potentially lowering utility costs for tenants or the owner.
Located in the Boyle Heights area just minutes from Downtown Los Angeles and major freeways, the property is ideally positioned to attract a steady stream of commuters and urban professionals.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2900, other record living area = 1600.
With three of the four units configured as one-bedroom residences, the property may have a more restricted tenant pool compared to buildings offering more family-oriented multi-bedroom layouts.
Several nearby schools carry low performance ratings (as low as 2/10), which could be a drawback for long-term family tenants and may impact the property's long-term appreciation potential.
This fourplex income property in Eastside Los Angeles has two existing units plus two brand-new ADUs built in 2025. Unit 1 is a 3-bedroom, 1-bath residence. Unit 2 is a 1-bedroom, 1-bath unit. Both new ADUs at the rear of the lot are 1-bedroom, 1-bath units, and the ADU building has solar panels. That’s 6 bedrooms and 4 bathrooms across four units. The new construction should keep maintenance low and helps the rental income. The lot has a long driveway, a large concrete yard and fenced turf areas. It’s a good fit for investors, 1031 exchange buyers, or an owner-user who wants to live in one unit and rent the other three. The property is minutes from Downtown LA and close to freeways, public transit, schools and shopping. Buyer to verify all square footages, permits and property information.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,900 | 2,090.331 |
| Lot Size | 6,247 | 5,852.908 |
| Price | $1.25M | $830.9K |
| Price per sq ft | $431 | $394 |
| Built year | 2025 | 1928 |
| HOA | $0 | $0 |
| Days on market | 29 | 87 |
Oct 11, 2026
$1,249,000
Initial Listing
Aug 6, 2024
$670,000
Public Record