
Los Angeles, California 90011
This High-Potential Investment Opportunity is a Quadruplex Asset listed at $759,800, positioned above the $725,279 Fair Market Value. While the property lacks an equity discount, it offers a stabilized, fully tenant-occupied income stream in a high-demand corridor with a 97 Walk Score. Featuring LARD2 Zoning and a Condition Rating of 5, the building requires modernization to unlock its full rental upside. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term appreciation in a rapidly evolving rental submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 786 E 41st Subject | $759,800* List Price | 0 | 0 | 2,730 | $266 | - |
A 1138 E 45th Street Sold | $575,000 | 5 | 4 | 2,460 | $234 | 0.6 mi |
B 1241 E 43rd Sold | $555,000 | 0 | 0 | 2,362 | $235 | 0.6 mi |
C 1134 E 45th Street Sold | $575,000 | 4 | 4 | 2,037 | $282 | 0.6 mi |
D 317 E 36th Sold | $695,000 | 0 | 0 | 2,868 | $242 | 0.6 mi |
E 1026 E 23rd Street Sold | $550,000 | 0 | 0 | 2,053 | $268 | 1.0 mi |
F 437 Park Front Active | $650,000 List Price | 0 | 0 | 2,528 | $257 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1919 (100+ years old) with no mentioned renovations; the listing's 'value-add' and 'market repositioning' labels indicate the property likely has original or severely dated systems and interiors requiring a full rehab.
Boasting an exceptional Walk Score of 97, the property is strategically positioned near Downtown LA, USC, and major transit corridors, ensuring consistent high tenant demand.
The large 7,147 sq ft lot and LARD2 zoning provide a rare opportunity for market repositioning, unit upgrades, or potential ADU development to maximize ROI.
As a fully tenant-occupied quadruplex, the asset offers stabilized cash flow from day one, providing a secure foundation for long-term appreciation in a high-demand corridor.
The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO), which restricts the pace of rent increases and may delay the realization of full market-rate potential.
Built in 1919 and sold with restricted interior access, the property likely requires significant capital expenditure for modernization and structural maintenance typical of century-old buildings.
Outstanding value-add investment opportunity in South Los Angeles. This two-story, 4-unit quadruplex sits on a 7,147 sq ft lot in the high-demand 90011 corridor, just off Avalon Blvd and minutes from Downtown LA, USC, the Metro, and the 110 Freeway. Built in 1919 (LARD2 zoning), the building offers approximately 2,730 sq ft across four separate units with a total of 4 bedrooms and 4 bathrooms. With a Walk Score of 97, the location offers exceptional everyday convenience. The property is fully tenant-occupied and subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), providing steady in-place income with strong upside potential through natural unit turnover and market repositioning. A rare chance to acquire a stabilized cash-flowing asset with long-term appreciation in a rapidly evolving rental submarket. Buyer to verify all information, rents, square footage, unit count, permits, and condition through independent investigation. Do not disturb tenants — drive by only; interior access with accepted offer.
No exterior & parking available.
Grades K-5 • 0.1 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 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,730 | 2,250 |
| Lot Size | 7,147 | 5,864 |
| Price | $759.8K | $826.7K |
| Price per sq ft | $278 | $395 |
| Built year | 1919 | 1925 |
| HOA | $0 | $0 |
| Days on market | 37 | 83 |
Jun 15, 2026
$759,800
Initial Listing
Jul 27, 2017
$635,000
Public Record
Jun 20, 2013
$296,500
Public Record
Mar 30, 2006
$550,000
Public Record