
Los Angeles, California 90019
This Quadruplex Residential Income property presents a High-Potential Investment Opportunity with a List Price of $1,450,000—positioned well below the $1,501,092 Fair Market Value by 3%. This valuation gap offers $51,092 in Instant Equity. Featuring a Condition Rating of 3, the asset includes upgraded plumbing and in-unit laundry hookups on an expansive 12,157 sq ft lot. With versatile bonus spaces and a four-car garage, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating asset in Mid-Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4603 St Charles 4 Subject 0 bd · 0 ba · 3,313 sqft · $453 | $1,450,000* List Price | 0 | 0 | 3,313 | $453 | - |
A 1373 S Orange Drive Sold 0 bd · 0 ba · 3,079 sqft · $460 · 0.6 mi | $1,415,000 | 0 | 0 | 3,079 | $460 | 0.6 mi |
B 1036 S Citrus Avenue Sold 0 bd · 0 ba · 3,096 sqft · $459 · 0.8 mi | $1,420,000 | 0 | 0 | 3,096 | $459 | 0.8 mi |
C 1208 S Cochran Avenue Sold 0 bd · 0 ba · 3,223 sqft · $459 · 0.9 mi | $1,480,000 | 0 | 0 | 3,223 | $459 | 0.9 mi |
D 1861 S Redondo Active 0 bd · 0 ba · 3,244 sqft · $378 · 0.9 mi | $1,225,000 List Price | 0 | 0 | 3,244 | $378 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1939, the property appears well-maintained with significant interior updates. The kitchen features recessed lighting, modern cabinetry, and updated appliances consistent with a 5-15 year renovation. The listing also notes upgraded plumbing and functional laundry hookups, making the units move-in ready.
The property sits on a rare 12,157 sq ft lot in Mid-Los Angeles, providing significant outdoor space and substantial potential for future expansion or the addition of ADUs.
Beyond the four residential units, the property includes a four-car garage, dedicated storage, and a rear office area, offering unique utility for owner-users or additional income streams.
Maintains 1930s architectural charm with original hardwood floors while benefiting from essential modern improvements like upgraded plumbing and in-unit washer/dryer hookups.
The building is comprised entirely of 1-bedroom, 1-bathroom units, which may restrict the tenant pool and limit total rental upside compared to properties with larger multi-bedroom layouts.
Given the 1939 construction date, the property likely requires vigilant upkeep and potential capital expenditures for electrical, roofing, or seismic retrofitting common in older Los Angeles structures.
Discover a wonderful opportunity in the heart of Mid-Los Angeles! Situated on an exsansive 12,157 sq ft lot. This charming two-story features four units, each offering 1 bedroom and 1 bathroom, with original hardwood flooring that adds timeless character and charm. It also, includes washer and dryer hookups in each unit and upgraded plumbing , providing added flexibility for the new owner. It also shows a spacious garage accommodating with four spaces currently used by the owner, plus additional storage and a versatile office area at the rear of the property. Enjoy the inviting outdoor spaces, including private patios for the two downstairs units. An iron security entrance provides controlled vehicle access, while beautiful mature trees create a refreshing, shaded patio setting that enhances the property's charm and appeal. Ideal for investors or owner-users seeking a multifamily property with character, parking, and additional space in a desirable Mid-Los Angeles location.
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 | 3,313 | 2,090.331 |
| Lot Size | 12,157 | 5,852.908 |
| Price | $1.45M | $830.9K |
| Price per sq ft | $438 | $394 |
| Built year | 1939 | 1928 |
| HOA | $0 | $0 |
| Days on market | 23 | 87 |
Oct 17, 2026
$1,450,000
Initial Listing
Sep 25, 2001
$294,000
Public Record
Nov 10, 1994
$248,000
Public Record