
Los Angeles, California 90062
This Turnkey Quadruplex represents a premium residential income asset listed at $1,399,999, reflecting its comprehensive renovation against a $1,290,340 Fair Market Value. Boasting a "like-new" Condition Rating of 2, the property features a Detached ADU, Samsung appliances, and quartz countertops. A standout feature is the rare 8-car parking with alley access near USC and SoFi Stadium. This fully permitted, maintenance-free asset is perfectly suited for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a stabilized, high-yield property in a high-demand Los Angeles submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5422 Ruthelen Street Subject | $1,399,999* List Price | 7 | 5 | 2,832 | $456 | - |
A 1838 W 50th Street Sold | $1,415,000 | 8 | 7 | 3,200 | $442 | 0.4 mi |
B 5166 S Manhattan Sold | $1,290,000 | 0 | 0 | 2,934 | $440 | 0.2 mi |
C 1838 W 50th Street Sold | $1,415,000 | 0 | 0 | 3,200 | $442 | 0.4 mi |
D 5718 S Manhattan Place Pending | $1,199,000 List Price | 0 | 0 | 2,854 | $420 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive down-to-the-studs renovation, effectively bringing it to like-new condition. It features brand-new stainless steel Samsung appliances, quartz countertops, white shaker cabinetry, recessed lighting, and luxury vinyl plank flooring throughout. All major systems, including roofing, plumbing, electrical, and HVAC (central and mini-splits), are new and permitted, meeting the highest standards for a recently renovated property.
The property has undergone a complete down-to-the-studs renovation including new roofing, plumbing, electrical systems, and HVAC, offering a maintenance-free investment with all work performed under permits.
This quadruplex features a versatile unit mix including a detached ADU and separate meters for gas and electricity, making it an ideal setup for high-yield rental income or a house-hacking owner-occupant.
Rare for the area, the property provides ample on-site parking for up to 8 cars with convenient alley access, significantly increasing its desirability for tenants in a high-density Los Angeles neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2832, other record living area = 2372. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
The property was recently sold within the past year on 2025-04-08. The sold price is $650,000.00. The property was recently sold within the past year on 2025-04-02. The sold price is $625,000.00.
With 2,832 total square feet divided among four units, the individual living spaces are relatively small, which may limit the long-term appeal for tenants seeking more spacious accommodations.
Hard to come by! A fully Renovated 4 plex in the desirable chesterfield square of South Los Angeles, near Leimert park. Spans over approximately 7000 square lot and on total of 2832 square foot living space. Craftly and masterfully constructed for multi general households, owner occupants looking to offset mortgage payment with strong rental income. It is also an Investor delight-strong rental income. The front unit features 3 bedrooms and 2 bathrooms, offers master bathroom, walk-in closet and cozy shower. Second unit features 2 beds and 1 bathroom, third unit offers 1 bed and 1 bath while the fourth unit- the Detached ADU offers 1 bedroom and 1 large size shower bathroom. Each unit has been thoughtfully designed with top of the line finishes; white shaker cabinetries with soft close drawers, brand-new stainless steel Samsung Appliances, quartz counter tops, recessed lighting. With luxury vinyl plank throughout which compliments with the color of the walls. Provision made available for washer and dry hook ups for both gas and electric options for all the units. Main Unit comes with central HVAC systems and the rest come with ductless mini split systems in all rooms and living rooms. Each unit comes with energy efficient tankless water heater includes separate gas and electric meters making it flexible for optimum rental income. Both buildings come with new roofing, new plumbing, new studs, electrical, new electrical panels and sub panel while exterior features new stucco and rain gutters. Has Alley access advantage with ample on-site parking up to 8 cars and can host large family gathering- new paved parking lot. All construction done with permits. Property is conveniently located near Inglewood Sofi Stadium, USC, Exposition park, Leimert Park, Los Angeles memorial park, LA Downtown. Easy access to the Expo Line, major freeways; 110, 405, 10 and 105.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 0.0 | 91% |
| Baths | 5.0 | 0.0 | 91% |
| Square foot | 2,832 | 2,484 | 68% |
| Lot Size | 6,785 | 5,758 | 73% |
| Price | $1.40M | $904.9K | 86% |
| Price per sq ft | $494 | $372 | 77% |
| Built year | 1922 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 225 | 9% |
Mar 12, 2026
$1,399,999
Initial Listing
Apr 8, 2025
$650,000
Public Record
Apr 2, 2025
$625,000
Public Record