
Los Angeles, California 90001
This Value-Add Residential Income Quadruplex is a strategic multi-unit acquisition listed at $695,000, positioned accurately alongside its $690,413 Fair Market Value. Offering a competitive entry point of under $175,000 per unit, the asset provides a stable foundation for significant forced appreciation. The property currently holds a Condition Rating of 5, requiring comprehensive updates to core systems and interiors to meet modern rental standards. Located in the high-demand Metropolitan South area, this project offers substantial ROI potential for Fix-and-Flip Investors or Buy-and-Hold Investors ready to execute a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7919 Naomi Subject | $695,000* List Price | 0 | 0 | 2,350 | $294 | - |
A 1113 E 83rd Street Sold | $650,000 | 0 | 0 | 1,703 | $382 | 0.2 mi |
B 7223 Holmes Avenue Sold | $620,000 | 0 | 0 | 2,124 | $292 | 0.9 mi |
C 1915 E 78th Sold | $815,000 | 0 | 0 | 2,879 | $283 | 0.9 mi |
D 8006 Hooper Active | $685,000 List Price | 5 | 2 | 1,945 | $352 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1950 (74 years old) and shows no evidence of recent renovations in the provided data or exterior images. Given the age and visible condition of the stucco and fixtures, the property likely requires significant rehabilitation of kitchens, bathrooms, and core systems such as HVAC and electrical to meet modern standards.
As a quadruplex, this property offers a rare opportunity for significant rental income or a house-hacking strategy in a high-demand Los Angeles submarket.
Listed at under $175,000 per unit, the property represents a highly competitive entry point for investors looking to build a portfolio in the Metropolitan South area.
The 5,568 square foot lot provides ample space for the existing four units, potentially offering room for future value-add improvements or utility enhancements.
Built in 1950, the property may require substantial updates to major systems such as plumbing, electrical, and roofing to meet modern standards and reduce maintenance costs.
With a total of 2,350 square feet across four units, the average unit size is relatively small, which may limit the rental ceiling and appeal to larger households.
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 | 2,350 | 2,084 | 65% |
| Lot Size | 5,568 | 5,568 | 50% |
| Price | $695.0K | $750.0K | 39% |
| Price per sq ft | $296 | $375 | 22% |
| Built year | 1950 | 1931 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 153 | 4% |
Apr 30, 2026
$695,000
Initial Listing