
Los Angeles, California 90011
This Prime Investment Opportunity is a Non-Rent-Controlled Quadruplex listed at $960,000—positioned well below the $988,838 Fair Market Value by 2%. This valuation gap offers $28,838 in Instant Equity. With a Condition Rating of 4, the property features upgraded units and rear parking, providing immediate rental income potential in a high-demand corridor near USC and Downtown LA. This asset is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking stable, market-rate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 726 E 31st Subject 0 bd · 0 ba · 3,660 sqft · $270 | $960,000* List Price | 0 | 0 | 3,660 | $270 | - |
A 3833 - 3835 Woodlawn Sold 0 bd · 0 ba · 3,446 sqft · $290 · 0.7 mi | $1,000,000 | 0 | 0 | 3,446 | $290 | 0.7 mi |
B 1362 E 20th Street Pending 0 bd · 0 ba · 3,380 sqft · $201 · 0.8 mi | $678,888 List Price | 0 | 0 | 3,380 | $201 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (41 years old), the property falls into the >20-year category. While the description mentions 'upgraded units,' the exterior images show significant cracking on the concrete stairs and dated stucco/fixtures, suggesting the property is functional but dated and in need of minor repairs and common area updates.
Built in 1985, this quadruplex is exempt from the Los Angeles Rent Stabilization Ordinance (RSO), allowing for market-rate rent adjustments and significantly higher long-term income potential compared to older assets.
The property is centrally located minutes from Downtown LA, USC, and Koreatown, placing it in a high-demand rental corridor with a consistent pool of prospective tenants.
With upgraded units, ample rear parking, and dedicated space for laundry hookups, the property offers modern conveniences that justify premium rents and reduce immediate capital expenditure.
Many of the assigned schools, including John Muir Middle and Thomas Jefferson High, have low ratings (2-3/10), which may limit the property's appeal to long-term family tenants.
Located in a densely populated area of Los Angeles Southwest, the property may be subject to neighborhood congestion and the typical maintenance challenges associated with high-traffic urban settings.
Discover a rare investment opportunity in the heart of Los Angeles, just minutes from Downtown LA, Koreatown, and USC. This well-maintained, non-rent-controlled property features upgraded units, ample rear parking, and a dedicated space with laundry hookup potential—valuable amenities in a high-demand rental market. With its central location and strong income potential, this property is a smart addition to any investor’s portfolio. Don’t miss your chance to own a standout asset in one of LA’s most desirable areas. NO RENT CONTROL BUILDING.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,660 | 2,148.648 |
| Lot Size | 5,435 | 5,855.757 |
| Price | $960.0K | $831.8K |
| Price per sq ft | $262 | $387 |
| Built year | 1985 | 1928 |
| HOA | $0 | $0 |
| Days on market | 23 | 87 |
Oct 1, 2026
$960,000
Initial Listing