
Los Angeles, California 90061
This Mixed-Use Residential Income Asset represents a High-Potential Investment Opportunity at a List Price of $795,000. While currently priced above the $713,201 Fair Market Value, the property offers substantial upside through its LAR3 Zoning and Value-Add Potential. With a Condition Rating of 5, the fourplex requires modernization but provides immediate income from three units with Below-Market Rents. The vacant commercial space and corner-lot location near SoFi Stadium offer unique redevelopment flexibility. This is a strategic acquisition for Buy-and-Hold Investors and Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 442 112th St W Subject | $795,000* List Price | 0 | 0 | 3,360 | $212 | - |
A 11714 Avalon Boulevard Sold | $750,000 | 0 | 0 | 2,495 | $301 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, this property is significantly aged. The description explicitly states it requires 'substantial investment for modernization, repairs, and bringing units to competitive market standards.' Images show a worn exterior, old electrical meters, and window AC units, indicating outdated systems. The commercial unit is a bare shell, requiring a complete build-out. While residential units are occupied, their 'below-market rents' suggest they are also in need of significant updates, including kitchens and bathrooms, which are not shown but can be inferred from the overall condition and age.
Zoned LAR3, this fourplex includes a street-front commercial unit and residential units, offering diverse income streams and significant redevelopment potential on a corner lot.
Three residential units are currently occupied, providing a stable and immediate rental income stream for the investor.
The property boasts strong upside potential due to below-market rents and a vacant commercial unit, allowing for immediate rent optimization and new commercial tenancy.
Built in 1960, the property is likely to require substantial investment for modernization, repairs, and bringing units to competitive market standards to maximize value.
While an opportunity, the existing below-market rents mean immediate cash flow is suboptimal and requires active management and potential tenant transitions to realize full income potential.
The commercial unit is currently vacant, representing a lost income stream until a new tenant is secured, which may involve marketing costs and tenant improvement expenses.
Price Reduction!!!!!Fourplex Property with Mixed-Use Potential | Zoned LAR3, Fantastic investment opportunity! This corner-lot fourplex features three residential units—each a spacious two-story, 2-bedroom, 1.5-bathroom layout—all currently occupied, plus a street-front commercial unit along Figueroa Street that will be delivered vacant (previously a flower shop). The property offers strong upside potential thanks to below-market rents and the opportunity to add value through improvements. A large backyard with alley access provides additional flexibility for parking or future enhancements. Perfectly situated just off the I-110 and 105 (Imperial Highway), this property is minutes from Figueroa Elementary School, public transportation, Downtown Los Angeles, Inglewood’s SoFi Stadium, and Southern California’s world-famous beaches. Don’t miss this opportunity to own a prime income property in the heart of Los Angeles—ideal for investors seeking long-term growth, redevelopment potential, or mixed-use income opportunities.
No exterior & parking available.
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 | 3,360 | 2,220 | 70% |
| Lot Size | 6,720 | 6,041 | 80% |
| Price | $795.0K | $760.0K | 60% |
| Price per sq ft | $237 | $318 | 20% |
| Built year | 1960 | 1936 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 183 | 216 | 50% |
Jan 20, 2026
$795,000
$849,000
-6% Price Drop
Initial Listing
Oct 21, 2025
$849,000
Initial Listing