
Los Angeles, California 90029
This Strong Value Opportunity is a legally recorded quadruplex listed at $1,299,999, positioned well below the $1,405,419 Fair Market Value by 7%. This valuation gap offers $105,420 in Instant Equity. Featuring a Condition Rating of 3, the asset includes significant infrastructure upgrades like copper plumbing and seismic retrofitting. With a vacant 3-bedroom unit and additional income streams, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4139 Normal Subject | $1,299,999* List Price | 0 | 0 | 4,198 | $335 | - |
A 955 N Normandie Active | $1,100,000 List Price | 0 | 0 | 3,020 | $364 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1964, the property has undergone significant system upgrades including copper plumbing, upgraded electrical, seismic foundation retrofitting, and tankless water heaters. Interior images show well-maintained spaces with renovated bathrooms featuring modern tile and vanities, though kitchens remain somewhat dated. The property is move-in ready and functional for an investment asset.
The property features major capital improvements including copper plumbing with a 1-inch main line, an upgraded electrical system, two tankless water heaters, and a seismic foundation retrofit, reducing immediate maintenance liability.
The primary 3-bedroom, 2-bathroom unit is expected to be delivered vacant, offering a rare opportunity for an owner-occupant to move in or for an investor to immediately capture market-rate rents.
Beyond the residential units, the property generates additional revenue through on-site laundry and parking, complemented by the upside potential of three units currently on month-to-month agreements.
The property includes an occupied studio that is not legally recorded as a fifth unit, which presents potential zoning compliance issues and liability for the buyer.
Prospective buyers face a high due diligence requirement to independently verify permits, RSO status, and unit configurations, suggesting potential discrepancies in official property records.
Great investment opportunity in Los Angeles! This legally recorded quadruplex offers a versatile unit mix with strong existing income and additional upside potential. Three legal units are currently tenant occupied on month-to-month agreements, while the owner’s 3-bedroom, 2-bathroom unit is expected to be delivered vacant, creating an opportunity for an owner-user or investor. Property features copper plumbing with a 1-inch main service line, an upgraded electrical system, two tankless water heaters, seismic foundation retrofit with anchor bolts, upgraded bathrooms in **Unit 2**, gas-fired wall furnaces, window A/C units, and on-site Speed Queen laundry machines. Additional income is generated from laundry and parking. Property also contains an additional occupied studio space that is not reflected as a legal fifth unit in available public records. Buyer to independently verify permits, unit configuration, square footage, rents, zoning, RSO status, improvements, and all other property information with the appropriate agencies.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-2 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,198 | 2,187.451 |
| Lot Size | 6,202 | 5,841.385 |
| Price | $1.30M | $841.5K |
| Price per sq ft | $310 | $385 |
| Built year | 1964 | 1928 |
| HOA | $0 | $0 |
| Days on market | 15 | 85 |
Aug 25, 2026
$1,299,999
Initial Listing