
Los Angeles, California 90003
This quadruplex presents a High-Potential Investment Opportunity with a List Price of $1,150,000, positioned above the $1,078,019 Fair Market Value. While the property is subject to the City of Los Angeles RSO, the Condition Rating of 2 reflects recent high-quality renovations, including modern flooring and updated appliances. Featuring a Uniform Unit Mix of four 2-bedroom, 1-bath units and Gated Rear Parking, this asset offers stable rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Income-Focused Portfolios seeking a turnkey, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 E 99th Subject | $1,150,000* List Price | 8 | 4 | 2,988 | $361 | - |
A 322 W 105th Sold | $875,000 | 0 | 0 | 3,200 | $273 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1965, the interior images show a recent high-quality renovation (likely <5 years) featuring modern laminate flooring, recessed lighting, and fresh paint. The units are well-appointed with updated appliances including stackable washers and dryers, meeting the criteria for a recent renovation in mint, move-in condition.
Each of the four units is equipped with a stackable washer/dryer and a full suite of appliances, significantly increasing tenant appeal and reducing landlord capital expenditure.
The property features gated rear parking with four dedicated spaces, a highly desirable and rare asset in high-density Los Angeles residential areas.
As a quadruplex with consistent 2-bedroom, 1-bath layouts, the property offers a stable income-producing structure with high demand for this specific unit size.
The property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), which limits annual rent increases and imposes strict tenant protections.
The listing specifies an 'as-is' sale, suggesting that the buyer may need to account for potential deferred maintenance or immediate capital improvements.
**Excellent investment opportunity featuring four well-appointed 2-bedroom, 1-bath units in Los Angeles. Each unit includes a stackable washer and dryer, gas stove, microwave and refrigerator, offering added convenience for residents. *The property features gated rear parking with four uncovered parking spaces and offers an attractive opportunity for an investor seeking a multi-unit income-producing property. *Conveniently located near schools, shopping, dining, public transportation and major freeways. Property is being sold in its present AS-IS condition. Property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). Buyer to independently verify all property information, including square footage, lot size, unit information, rents, tenancy, parking, and applicable rent stabilization requirements and regulations with the appropriate agencies.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,988 | 2,187.451 |
| Lot Size | 5,087 | 5,841.385 |
| Price | $1.15M | $841.5K |
| Price per sq ft | $385 | $385 |
| Built year | 1965 | 1928 |
| HOA | $0 | $0 |
| Days on market | 6 | 85 |
Sep 3, 2026
$1,150,000
Initial Listing
Dec 7, 2000
$253,000
Public Record
Feb 27, 1997
$231,000
Public Record
Feb 27, 1997
$125,000
Public Record