
Los Angeles, California 90063
An excellent opportunity to acquire a four-unit income property in Los Angeles. The property is comprised of two separate buildings: a three-unit building and a detached single-unit building. All four units feature 2 bedrooms and 1 bathroom, a highly desirable layout for an investment. This property presents strong upside potential for investors looking to add value through improvements and repositioning. Located near Downtown Los Angeles and minutes from Cal State Los Angeles - this property is also near multiple major freeways making this a convenient choice for residents and a long term investment. Property is being sold in as-is condition.
Property is extensive renovation needed.
Built in 1930 with no evidence of recent renovations. The exterior shows significant stucco deterioration and cracked concrete, while the interior displays severe neglect, dated systems, and potential safety hazards. The listing's 'as-is' status and 'upside potential' description confirm the need for a full rehab.
The property consists of four 2-bedroom, 1-bathroom units, a highly sought-after configuration that maximizes rental demand and income potential compared to smaller layouts.
Proximity to Downtown Los Angeles, Cal State LA, and major freeways provides residents with excellent connectivity, ensuring low vacancy rates and long-term appreciation.
The property offers significant upside for investors to increase equity and cash flow through strategic renovations and repositioning in a high-demand market.
The property is being sold in as-is condition, which implies the need for immediate capital expenditure for repairs and modernization to achieve market rents.
Built in 1930, the structure may feature aging systems and utility components that could require costly upgrades to meet modern building standards and tenant expectations.
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 | 3,124 | 2,090.331 |
| Lot Size | 5,774 | 5,852.908 |
| Price | $585.0K | $830.9K |
| Price per sq ft | $187 | $394 |
| Built year | 1930 | 1928 |
| HOA | $0 | $0 |
| Days on market | 32 | 87 |
Oct 16, 2026
$585,000
$600,000
-2% Price Drop
Initial Listing
Oct 8, 2026
$600,000
Initial Listing
Sep 24, 2025
$585,000
Public Record
Aug 4, 2023
$500,000
Public Record