
Los Angeles, California 90003
This Quadruplex Residential Income property is a High-Potential Investment Opportunity, listed at a List Price of $1,100,000—positioned above the $988,553 Fair Market Value. While the price reflects a premium, the property features Recently Remodeled Interiors with Granite Countertops and a Condition Rating of 3, ensuring immediate rental readiness. The 6,669 sqft corner lot provides Ample On-Site Parking, a critical amenity for tenant retention. This asset is an ideal acquisition for Buy-and-Hold Investors or House-Hackers seeking a turnkey multi-family configuration in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 310 E 81st Subject 0 bd · 0 ba · 2,926 sqft · $329 | $1,100,000* List Price | 0 | 0 | 2,926 | $329 | - |
A 239 E 85th Sold 0 bd · 0 ba · 3,631 sqft · $275 · 0.3 mi | $1,000,000 | 0 | 0 | 3,631 | $275 | 0.3 mi |
B 219 E 76th Sold 0 bd · 0 ba · 2,264 sqft · $353 · 0.4 mi | $800,000 | 0 | 0 | 2,264 | $353 | 0.4 mi |
C 431 W 78th Sold 0 bd · 0 ba · 2,415 sqft · $373 · 0.8 mi | $900,000 | 0 | 0 | 2,415 | $373 | 0.8 mi |
D 329 E 82nd Active 0 bd · 0 ba · 2,824 sqft · $304 · 0.1 mi | $859,000 List Price | 0 | 0 | 2,824 | $304 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1925, the property has undergone recent interior renovations including granite countertops and remodeled bathrooms, making the units functional and move-in ready.
The units have been updated with modern finishes, including granite countertops and remodeled bathrooms, offering a turnkey solution that minimizes immediate capital expenditure for investors.
Situated on a generous 6,669 sqft corner lot, the property provides significant parking space, a high-value amenity for tenants in a dense Los Angeles rental market.
As a quadruplex, this property allows for residential financing options while maximizing income potential through four separate units, ideal for both seasoned investors and house-hackers.
With an original build date of 1925, the property may possess aging underlying systems such as plumbing and electrical that could require maintenance despite the cosmetic interior upgrades.
Listed at $1.1 million, the property requires a substantial initial investment and high rental performance to achieve a competitive capitalization rate in the current market.
THESE FOUR UNITS HAVE BEEN RECENTLY REMODELED FROM INSIDE, SOME HAVE GRANITE COUNTERTOPS AND REMODELED BATHROOMS. GREAT CORNER LOT WITH PLENTY OF PARKING SPACE ON PROPERTY. LOCATED NEAR AIRPORT AND MANY AMENITIES NEAR BY.
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 | 2,926 | 2,090.331 |
| Lot Size | 6,669 | 5,852.908 |
| Price | $1.10M | $830.9K |
| Price per sq ft | $376 | $394 |
| Built year | 1925 | 1928 |
| HOA | $0 | $0 |
| Days on market | 33 | 87 |
Oct 7, 2026
$1,100,000
Initial Listing
Aug 29, 2025
$1,000,000
Public Record
Jun 14, 2018
$300,000
Public Record