
Los Angeles, California 90019
This Multi-Unit Income Asset is listed at $2,199,000, positioned as a stable acquisition near its $2,109,852 Fair Market Value. Boasting a Fair Condition Rating, the 1924-built quadruplex features four fully occupied units, ensuring immediate cash flow from long-term residents. A standout feature is the 9,826 sqft corner lot which provides rare, extensive on-site parking in the high-demand Mid-Wilshire district. This property offers a blend of historical character and reliable returns in a central Los Angeles hub. It is an ideal match for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4756 Edgewood Subject | $2,199,000* List Price | 0 | 0 | 4,650 | $454 | - |
A 4916 W 12th Street Active | $1,600,000 List Price | 6 | 4 | 3,912 | $409 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, this century-old quadruplex shows pride of ownership with well-maintained stucco and updated vinyl windows. However, the absence of interior photos suggests that while the units are functional and occupied, the kitchens and bathrooms likely feature older styles and finishes consistent with a property maintained through regular upkeep rather than a recent comprehensive renovation. It meets the 'Fair' criteria as an aged but functional property with likely outdated internal components.
Situated in the highly desirable Mid-Wilshire district, the property offers excellent proximity to Culver City, Koreatown, and Downtown LA, ensuring consistently high tenant demand and long-term appreciation.
The building is fully occupied by reliable, long-term residents, providing a turnkey investment with a stable and immediate cash flow from the date of acquisition.
Occupying a large corner lot, the property features generous on-site parking, which is a significant competitive advantage and a rare amenity in this densely populated Los Angeles neighborhood.
Originally built in 1924, the property may require ongoing maintenance or future capital expenditures to update aging systems typical of century-old structures.
Given the long-term occupancy in Los Angeles, the units are likely subject to Rent Stabilization Ordinance (RSO), which may limit the ability to immediately adjust rents to current market rates.
Welcome to a rare opportunity in the heart of Mid-Wilshire—this well-maintained 4-unit property sits on a large corner lot at 4756, 4758, 4760 Edgewood Ave and 1101 S Rimpau Blvd. Family-owned for years, the property reflects true pride of ownership and has been thoughtfully cared for throughout. All four units are fully occupied by great, long-term residents, offering immediate and reliable income from day one. The building is in excellent overall condition, making it an ideal option for an investor looking for a stable, low-maintenance asset in a high-demand rental area. One of the standout features is the generous on-site parking—something that’s increasingly hard to find in this part of Los Angeles. The corner lot placement also provides added light, openness, and curb appeal, giving the property a more spacious feel than typical multifamily buildings in the area. Located in the highly desirable Mid-Wilshire district, you’re just minutes from Culver City, Koreatown, Downtown LA, and the Westside, with convenient access to major streets, transit, dining, and shopping. This central location continues to attract strong tenant demand and long-term growth. Whether you’re looking to expand your portfolio or secure a well-positioned income property in one of LA’s most sought-after neighborhoods, this is a compelling opportunity with both stability and future upside.
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 | 4,650 | 2,878.5 | 90% |
| Lot Size | 9,826 | 6,098.5 | 95% |
| Price | $2.20M | $1.11M | 90% |
| Price per sq ft | $473 | $468 | 50% |
| Built year | 1924 | 1926 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 228 | 5% |
Mar 19, 2026
$2,199,000
Initial Listing