
Los Angeles, California 90032
This Renovated Quadruplex is a High-Potential Investment Opportunity listed at $1,000,000—positioned well below the $1,128,093 Fair Market Value by 11%. This valuation gap provides $128,093 in Instant Equity. Featuring a Good Condition Rating, the units boast updated shaker-style cabinetry, granite countertops, and modern laminate flooring. The expansive 7,948 sqft lot in the appreciating El Sereno area offers significant ADU potential and high rental demand. This asset is perfectly suited for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5116 Huntington S Subject | $999,999* List Price | 0 | 0 | 2,806 | $356 | - |
A 3817 Drysdale Active | $829,000 List Price | 0 | 0 | 1,992 | $416 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1945, the property has undergone significant interior renovations making it move-in ready. The kitchens feature updated shaker-style cabinetry and granite countertops, and the living areas have modern laminate flooring and updated windows. The bathrooms have been refreshed with newer vanities and fixtures. Although the exterior stucco shows some age, the overall interior quality and lack of deferred maintenance in the living units qualify it for a 'good' rating.
As a quadruplex, this property offers a rare opportunity for significant rental income or a house-hacking strategy in the high-demand Los Angeles rental market.
The nearly 8,000 square foot lot provides ample space for tenant parking or potential future expansion, such as adding an Accessory Dwelling Unit (ADU) to further increase ROI.
Situated in the appreciating El Sereno neighborhood, the property boasts close proximity to Downtown LA and South Pasadena, ensuring low vacancy rates and long-term capital growth.
Built in 1945, the property likely requires ongoing maintenance and potential upgrades to major systems like plumbing and electrical to meet modern standards.
Being a multi-unit residential building of this vintage in Los Angeles, it is likely subject to the city's Rent Stabilization Ordinance (RSO), which limits annual rent increases and impacts cash flow flexibility.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | 2,806 | 1,558 | 86% |
| Lot Size | 7,948 | 6,680 | 86% |
| Price | $1000.0K | $705.0K | 86% |
| Price per sq ft | $356 | $425 | 43% |
| Built year | 1945 | 1938 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 204 | 14% |
Apr 4, 2026
$999,999
$1,000,000
+0% Price Increase
Initial Listing
Mar 24, 2026
$1,000,000
Initial Listing
Jul 11, 2003
$264,000
Public Record