5111 Boswell, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90022
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,117,673 Fair Market Value by 6%. This valuation gap offers $67,673 in Instant Equity. Featuring a Condition Rating of 3 with recent cosmetic upgrades, the property provides immediate cash flow potential. With three one-car garages and gated parking, it offers rare amenities for the area. This is an ideal acquisition for Buy-and-Hold Investors or House Hackers seeking a stable, transit-oriented income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5111 Boswell Subject | $1,050,000* List Price | 0 | 0 | 2,553 | $438 | - |
A 5354 Louis Sold | $807,000 | 3 | 3 | 1,831 | $441 | 0.4 mi |
B 731 Belden Avenue Active | $1,099,000 List Price | 0 | 0 | 2,452 | $448 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1952, the property has undergone recent cosmetic renovations including new exterior paint and new flooring in all units. The exterior shows well-maintained stucco, updated vinyl windows, and a roof in functional condition, making it move-in ready for tenants despite the likely older age of core systems and kitchens.
The property features recent cosmetic upgrades including new exterior paint and new flooring in all units, reducing immediate capital expenditure for a new owner.
Centrally located near DTLA, USC, and major freeway arteries (5, 710, 60), the property is positioned in a high-demand rental market with excellent commuter access.
Rare for a quadruplex of this vintage, the site offers three one-car garages, gated parking for the front unit, and two on-site laundry rooms to enhance tenant retention.
Built in 1952, the property may have underlying utility systems such as plumbing or electrical that require modernization despite the recent cosmetic improvements.
With a total of 2,553 square feet divided across four units, the average living area per unit is relatively small, which may limit the appeal to larger tenant households.
Amazing Multi-Family Investment Opportunity! This Rare And Highly Lucrative 4-unit Residential Property, Offering The Perfect Balance Of Immediate Cash Flow And Long-Term Appreciation. New Exterior Paint and New Flooring in All Units. The Property Has Two Laundry Rooms, 3 Back Units Each With Their Own One-Car Garage. The Front Home Has Gated Parking! Centrally Located Near DTLA, USC, Metro Lines, and 5, 710, and 60 Fwy. Close To Local Shopping, Dining, And Parks! Don't Miss Out On This Incredible Income-Producing Asset.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,553 | 2,250 |
| Lot Size | 5,018 | 5,864 |
| Price | $1.05M | $826.7K |
| Price per sq ft | $411 | $395 |
| Built year | 1952 | 1925 |
| HOA | $0 | $0 |
| Days on market | 1 | 83 |
Jul 23, 2026
$1,050,000
Initial Listing
Sep 29, 2011
$390,000
Public Record