
Los Angeles, California 90044
This Updated Quadruplex Asset is a strategic income-generating opportunity listed at $999,999. While positioned above the $872,797 Fair Market Value, the property justifies its valuation through a Good Condition Rating and significant system upgrades, including energy-efficient mini-split HVACs and renovated kitchens. With an estimated $6,525 in monthly market rents and a detached structure for additional parking, the asset is primed for high-demand urban leasing. Located near USC and the 9/10 rated Middle College High School, it offers long-term stability for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8129 S Hoover Subject | $999,999* List Price | 0 | 0 | 1,536 | $568 | - |
A 9008 Baring Cross Sold | $825,000 | 4 | 2 | 1,562 | $528 | 0.7 mi |
B 1300 W 90th Street Sold | $870,000 | 6 | 3 | 1,708 | $509 | 0.9 mi |
C 604 W 83rd Active | $899,900 List Price | 0 | 0 | 1,704 | $528 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1923, the property appears to have undergone recent and significant updates. The description notes 'all units have been updated with energy-efficient mini-split systems,' which is a major system upgrade. Images show modern grey LVP flooring, fresh dark grey paint, and updated kitchens with contemporary grey cabinetry and countertops. The bathroom also features a modern walk-in shower. These updates make the units move-in ready with no immediate renovation required, aligning with a 'Good' condition score, indicating a property extensively renovated within the last 5-15 years.
High School: Middle College High School (9/10).
This property is a quadruplex, offering four distinct 1-bedroom, 1-bath units, making it an excellent income-generating investment opportunity.
Centrally located near Downtown LA, USC, public transit, dining, and shopping, ensuring strong and consistent rental demand.
The property was sold for $775,000 in May 2024 and is now listed at $999,999, representing a substantial price increase in a short period that warrants careful market analysis.
Built in 1923, the property's age suggests potential for older infrastructure and higher ongoing maintenance costs, despite some recent updates.
The advertised total monthly market rents of $6,525 are estimates, requiring the buyer to conduct thorough due diligence to confirm actual income potential.
Charming quadruplex investment opportunity just minutes from Downtown LA! This unique property offers four 1-bedroom, 1-bath units, each with its own distinct appeal. Lower-level, single-story units feature generously sized kitchens and living spaces that tenants love. All units have been updated with energy-efficient mini-split systems for year-round comfort. A detached rear structure provides valuable additional parking. Centrally located near Downtown LA, USC, public transit, dining, and shopping, this property benefits from strong and consistent rental demand. Estimated total monthly market rents of $6,525 (buyer to verify)
No exterior & parking available.
Grades K • 0.4 mi
Grades 1-6 • 0.4 mi
Grades K-5 • 0.8 mi
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 | 1,536 | 2,004 | 29% |
| Lot Size | 7,028 | 6,078 | 74% |
| Price | $1000.0K | $850.0K | 74% |
| Price per sq ft | $651 | $421 | 87% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 154 | 26% |
Jan 29, 2026
$999,999
Initial Listing
May 7, 2024
$775,000
Public Record
Oct 28, 2016
$318,000
Public Record