
Los Angeles, California 90003
This Prime Investment Opportunity is a Residential Income Quadruplex listed at $889,000, positioned well below the $909,619 Fair Market Value by 2%. This valuation gap offers $20,619 in Instant Equity. Featuring a Mint Condition Rating following recent renovations, the property provides immediate rental readiness. Its strategic location and conventional financing eligibility make it a stable asset for Buy-and-Hold Investors or Owner-Occupants utilizing a house-hacking strategy to offset mortgage costs through multi-unit income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 447 W 67th Street Subject 0 bd · 0 ba · 2,112 sqft · $431 | $889,000* List Price | 0 | 0 | 2,112 | $431 | - |
A 219 E 76th Sold 0 bd · 0 ba · 2,264 sqft · $353 · 0.9 mi | $800,000 | 0 | 0 | 2,264 | $353 | 0.9 mi |
B 245 E 64th Sold 0 bd · 0 ba · 2,200 sqft · $400 · 0.7 mi | $880,000 | 0 | 0 | 2,200 | $400 | 0.7 mi |
C 431 W 78th Sold 0 bd · 0 ba · 2,415 sqft · $373 · 0.7 mi | $900,000 | 0 | 0 | 2,415 | $373 | 0.7 mi |
D 338 W 74th Active 0 bd · 0 ba · 2,074 sqft · $448 · 0.5 mi | $929,500 List Price | 0 | 0 | 2,074 | $448 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1924, the property has undergone a comprehensive recent renovation (likely within the last 5 years). The interior features new laminate flooring, fresh paint, and modern mini-split HVAC systems. Systems like the water heater and plumbing hookups appear new, and the exterior is well-maintained with fresh paint and new concrete, making it a mint-condition, move-in ready asset.
As a four-unit quadruplex, this property offers a prime 'house hacking' opportunity where an owner-occupant can live in one unit while the other three generate rental income to offset mortgage costs.
The property qualifies for standard residential financing, allowing buyers to utilize conventional or FHA loan options which typically offer lower down payments and better rates than commercial loans.
Situated in a developing Los Angeles neighborhood with high accessibility to major freeways, shopping, and dining, the property is well-positioned for consistent tenant demand and long-term appreciation.
The property was recently sold within the past year on 2026-05-12. The sold price is $525,000.00. The property was recently sold within the past year on 2026-05-12. The sold price is $550,000.00.
Built in 1924, the century-old structure may require significant ongoing maintenance or costly upgrades to plumbing, electrical, and foundation systems compared to newer builds.
With only 2,112 total square feet divided among four units, the average living space per unit is approximately 528 square feet, which may be considered cramped for some modern tenants.
Fantastic investment and homeowner opportunity located in the heart of Los Angeles! This exceptional 4-unit property offers endless potential for both savvy investors and buyers looking to "live in one and rent out the other three" to help offset their mortgage. Eligible for standard residential financing, this property provides a rare chance to enter the multi-unit market with conventional loan options. Each spacious unit features a functional layout, offering comfort and privacy for tenants. The property is well-positioned for strong rental income generation, making it an ideal cash-flowing asset from day one. Situated in a highly accessible and developing neighborhood close to local shopping, dining, schools, and major freeways. Do not miss out on this incredible multi-family gem that combines comfortable living with long-term wealth building!
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 | 2,112 | 2,090.331 |
| Lot Size | 5,195 | 5,852.908 |
| Price | $889.0K | $830.9K |
| Price per sq ft | $421 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 13 | 87 |
Oct 27, 2026
$889,000
Initial Listing
May 12, 2026
$525,000
Public Record
May 12, 2026
$550,000
Public Record