
Los Angeles, California 90011
This Value-Add Quadruplex Asset is listed at $1,050,000, representing a stable income-generating opportunity in a high-demand rental corridor. Although the list price exceeds the $823,860 Fair Market Value, the property’s Recent Roof Replacement and Ample On-Site Parking provide a solid foundation for long-term operations. The Poor Condition Rating indicates substantial upside for investors to modernize the four units and capture market-rate rents. Including a Private Deck and access to West Vernon Avenue Elementary, this asset is perfectly suited for Buy-and-Hold Investors or Value-Add Operators looking for consistent cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4305 San Pedro Subject | $1,050,000* List Price | 0 | 0 | 4,023 | $205 | - |
A 5123 S San Pedro St Sold | $775,000 | 0 | 0 | 2,517 | $308 | 0.7 mi |
B 651 E 41st Active | $1,029,000 List Price | 0 | 0 | 4,626 | $222 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this property is over a century old. While the roof was recently replaced (3 years ago) and the property is described as 'well-maintained' with 'stable tenancy,' the exterior images reveal significant age, faded paint, weathered wood, and older windows with visible window AC units, indicating a lack of central cooling. Crucially, there are no interior images or descriptions of the units, especially kitchens and bathrooms. This, combined with the property's age and the AI analysis noting 'Unspecified Interior Unit Condition' and potential for 'outdated core systems,' strongly suggests that the interiors, particularly the kitchens and bathrooms, are significantly dated and would require substantial repairs and rehabilitation to meet current quality standards and tenant expectations. The property is functional but far from modern, placing it in the 'Poor' category due to the likely extensive interior updates needed.
Explicitly marketed as a 'Great investment opportunity' and a 'Residential Income' property (Quadruplex), indicating clear income-generating potential in Mid-Los Angeles.
Features four distinct units (three 1-bedroom/1-bath and one 2-bedroom/1-bath), providing multiple rental incomes and reducing vacancy risk compared to single-unit properties.
A 'Recent roof replacement completed approximately three years ago' addresses a significant maintenance item, reducing immediate capital expenditure and offering peace of mind for a new owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6587, other record lot size in square feet = 6530.
Built in 1922, the property is over a century old. While 'well-maintained,' this often implies potential for outdated core systems (plumbing, electrical, HVAC) that may require significant future capital investment or lead to higher ongoing maintenance costs.
The description lacks details on the condition or modernization of the individual unit interiors. This suggests units may be dated, potentially limiting rent growth or requiring substantial renovation to meet contemporary tenant expectations and maximize rental income.
Great investment opportunity in Mid-Los Angeles. The property features four units: three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Recent roof replacement completed approximately three years ago. Long driveway provides ample on-site tenant parking. Well-maintained property with stable tenancy and strong rental demand, offering consistent income potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 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 | 4,023 | 2,028 | 94% |
| Lot Size | 6,587 | 5,326 | 76% |
| Price | $1.05M | $750.0K | 88% |
| Price per sq ft | $261 | $373 | 24% |
| Built year | 1922 | 1912 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 113 | 209 | 18% |
Jan 3, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Dec 30, 2025
$1,100,000
Initial Listing
Sep 4, 2003
$295,500
Public Record
Jan 19, 2000
$189,000
Public Record