
Los Angeles, California 90011
This Versatile Four-Unit Income Property represents a strategic "house-hack" opportunity in a high-demand rental corridor. Listed at $1,050,000, the price reflects the premium of a 2025-built 3-bedroom unit alongside its $1,003,394 Fair Market Value. The property maintains a Condition Rating of 3, featuring quartz countertops and stainless steel appliances in the vacant unit. Proximity to USC, Trinity Street Elementary, and Dolores Huerta Elementary ensures consistent tenant demand and market stability. This is a stable Value-Add acquisition for Owner-Occupants or Buy-and-Hold Investors seeking strong ROI potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3631 Trinity Street Subject | $1,050,000* List Price | 0 | 0 | 2,804 | $358 | - |
A 972 E 42nd Place Sold | $1,098,000 | 0 | 0 | 3,790 | $290 | 0.8 mi |
B 456 E 43rd Place Pending | $950,000 List Price | 0 | 0 | 2,640 | $360 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a brand-new 2025-built unit with excellent modern finishes, including white shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting. While the original structure dates back to 1905, the addition of the new construction and the updated appearance of the exterior suggest the property is well-maintained. It is move-in ready for an owner-occupant in the new unit, though the older tenant-occupied units prevent an overall 'excellent' rating for the entire complex.
The property features a brand-new 2025-built 3-bedroom, 2-bathroom unit, offering modern amenities and the potential for high market rent or a premium owner-user experience.
Situated minutes from USC, Exposition Park, and Downtown Los Angeles, the property is located in a high-demand rental corridor with excellent proximity to major employment hubs and transit.
With three units already tenant-occupied, the asset provides stable, immediate cash flow from day one, reducing the initial financial risk for investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2804, other record living area = 2004.
Originally built in 1905, the older portions of the property may require ongoing maintenance or capital expenditures to address aging infrastructure compared to the new construction unit.
Since three units are currently occupied, immediate rent increases to market rates may be restricted by local rent stabilization ordinances, limiting short-term yield growth.
Exceptional investment opportunity in the heart of Los Angeles. This versatile four-unit income property offers a rare combination of immediate rental income and modern new construction, making it an ideal opportunity for both investors and owner-occupants. Situated on a generous lot in a strong rental market, the property provides a unique opportunity to generate steady income while benefiting from long-term appreciation. The property consists of four units total, including three tenant-occupied units and one newly constructed unit that is vacant and ready to occupy. The brand-new unit, built in 2025, features 3 bedrooms and 2 full bathrooms and offers a modern layout that is perfect for comfortable living. This vacancy creates an excellent opportunity for an owner-occupant to live in the new construction while collecting rental income from the remaining units, or for an investor to lease the unit at market rent and maximize cash flow. The remaining units include two 1-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, all currently occupied. This well-balanced unit mix attracts a variety of tenants and provides consistent rental demand. With three units already producing income and one brand-new unit ready for occupancy or lease, the property offers both stability and upside potential. The property presents an excellent opportunity for investors looking to expand their portfolio with a multi-unit asset that has strong income potential and future growth. The presence of a new construction unit adds significant value and appeal, while the existing tenant-occupied units provide immediate revenue from day one. Conveniently located just minutes from the University of Southern California (USC), USC Village, Exposition Park, and Downtown Los Angeles, the property is ideally positioned in a highly desirable rental corridor. Its close proximity to major freeways and public transportation enhances accessibility, making it especially attractive to students, professionals, and long-term tenants alike. Whether you are looking for a solid investment property, a multi-unit asset with upside potential, or the opportunity to live in a brand-new unit while generating rental income from the others, this 4-unit property offers flexibility, value, and long-term opportunity. Don’t miss this exceptional opportunity.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-1 • 0.1 mi
Grades K-5 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,804 | 2,040.5 | 84% |
| Lot Size | 5,953 | 5,307 | 69% |
| Price | $1.05M | $747.5K | 88% |
| Price per sq ft | $374 | $374 | 50% |
| Built year | 1905 | 1912 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 209 | 6% |
Mar 16, 2026
$1,050,000
Initial Listing
Dec 19, 2022
$546,500
Public Record