
Los Angeles, California 90023
This High-Potential Investment Opportunity is a Quadruplex listed at $1,150,000—positioned well below the $1,336,867 Fair Market Value by 13%. This valuation gap offers $186,867 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 3, the property offers a stable, income-producing asset with a Detached Multi-Unit Configuration on a large 8,998 sqft lot. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking long-term appreciation in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3454 Sabina St Subject | $1,150,000* List Price | 0 | 0 | 4,104 | $326 | - |
A 3752 E 6th Sold | $845,000 | 0 | 0 | 2,624 | $322 | 0.4 mi |
B 4045 Dennison Street Active | $1,299,999 List Price | 0 | 0 | 3,649 | $356 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1911, the property shows clear evidence of significant maintenance and updates. The exterior features a newer roof, updated windows, and fresh paint. Marketed as a turnkey income-producing property, it suggests that the kitchens, bathrooms, and systems have been renovated within the last 5-15 years and are in move-in ready condition.
The property features two detached single-family homes housing four units, offering superior tenant privacy and reduced noise compared to traditional attached apartment buildings.
Situated in the desirable Boyle Heights area, this property is positioned in one of Los Angeles' most established rental markets, ensuring steady income potential and long-term appreciation.
The spacious 8,998 square foot lot provides significant land value and potential for future site improvements or ADU development to further increase the capitalization rate.
Originally built in 1911, the property may require significant capital expenditures for updates to aging plumbing, electrical, and structural systems common in century-old buildings.
The listing indicates no specific views and likely lacks modern conveniences such as central cooling or contemporary open-concept layouts, which may limit premium rent growth.
Fantastic investment opportunity featuring two detached single-family homes with a total of four units on a spacious lot in the desirable Boyle Heights area. This well-located income-producing property offers a unique setup with detached structures, providing added privacy and appeal for tenants. This property offers steady income potential and long-term appreciation in one of Los Angeles' most established rental markets. A rare opportunity to own a versatile multi-unit property in a prime Los Angeles location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,104 | 2,250 |
| Lot Size | 8,998 | 5,864 |
| Price | $1.15M | $826.7K |
| Price per sq ft | $280 | $395 |
| Built year | 1911 | 1925 |
| HOA | $0 | $0 |
| Days on market | 28 | 83 |
Jun 24, 2026
$1,150,000
Initial Listing
May 14, 2024
$950,000
Public Record
May 6, 2020
$915,000
Public Record