
Los Angeles, California 90011
This 8-unit High-Potential Investment Opportunity is listed at $1,425,000, positioned above the $1,317,726 Fair Market Value. While the property requires capital expenditure due to its Condition Rating of 5, it offers immediate cash flow with all units currently occupied. The asset features a Quadruplex sub-type configuration across two buildings, providing significant rental density near major transit corridors. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a "house hack" strategy to offset mortgage costs through residual income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4301 Woodlawn Subject | $1,200,000* List Price | 0 | 0 | 5,216 | $236 | - |
A 147 E 55th Active | $890,000 List Price | 0 | 0 | 3,284 | $271 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1964 (60 years old), placing it well beyond the 30-year threshold for 'poor' condition without a total renovation. Exterior images show dated electrical meters and window AC units instead of central HVAC. The interior features popcorn ceilings and budget-grade kitchen updates that appear worn. The listing's 'drive-by' suggestion typically indicates significant deferred maintenance or interior distress.
This property features 8 units across two separate buildings on a single lot, offering a significant 'cash cow' opportunity for investors or owner-occupants looking to maximize rental income.
Ideally situated near Downtown Los Angeles and the 10 Freeway, the property provides tenants with excellent proximity to major employment hubs, schools, and shopping centers.
With all units currently occupied by stable tenants, the property ensures immediate revenue from day one, eliminating the initial vacancy risk and leasing costs for the new owner.
The property was recently sold within the past year on 2025-10-24. The sold price is $1,325,000.00.
As a multi-unit residential property in Los Angeles, it is likely subject to local rent control ordinances, which may limit the ability to quickly adjust rents to current market rates.
Built in 1964, the property may require significant long-term capital expenditures for maintenance and system upgrades to remain competitive and compliant with modern standards.
Here is your opportunity to capture the American Dream. Buy this 8 units (2 four units buildings on the same lot), live in one and rent the rest out. Live for free and still get some residual income after you pay your mortgage. This is a cash caw. Seller is motivated to sell so hurry; this might not last. All units are currently occupied. Tenants are stable, so not to worry about finding tenants. This property is not far from downtown, 10 Freeway, schools and shopping center. This is the deal of the year. Drive by and send an offer. All offers will be entertained.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 5,216 | 2,250 |
| Lot Size | 6,751 | 5,864 |
| Price | $1.20M | $826.7K |
| Price per sq ft | $230 | $395 |
| Built year | 1964 | 1925 |
| HOA | $0 | $0 |
| Days on market | 28 | 83 |
Jul 21, 2026
$1,200,000
$1,425,000
-16% Price Drop
Initial Listing
Jun 24, 2026
$1,425,000
Initial Listing
Oct 24, 2025
$1,325,000
Public Record