901 E 33rd, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Value-Add Quadruplex represents a High-Potential Investment Opportunity with a List Price of $875,000—positioned below the $892,239 Fair Market Value by 2%. This valuation gap provides $17,239 in Instant Equity for buyers ready to modernize century-old systems and address a Condition Rating of 5. Boasting a City Skyline View and proximity to USC and Opportunity Zones, the asset is primed for significant forced appreciation. Located near Quincy Jones Elementary, it is a strategic acquisition for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 901 E 33rd Subject | $875,000* List Price | 0 | 0 | 3,672 | $243 | - |
A 317 E 36th Sold | $695,000 | 0 | 0 | 2,868 | $242 | 0.5 mi |
B 4305 San Pedro Active | $1,050,000 List Price | 0 | 0 | 4,023 | $261 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this quadruplex shows significant signs of deferred maintenance and physical depreciation. The exterior stucco is peeling and cracked, and the listing description explicitly highlights 'aging infrastructure' and 'century-old systems' that require modernization. The absence of interior photos typically indicates that the kitchens, bathrooms, and living areas are in original or severely outdated condition, likely requiring substantial rehabilitation to meet current safety and quality standards.
Centrally located minutes from USC, the LA Memorial Coliseum, and Downtown Los Angeles, this property sits in a high-demand rental corridor with excellent access to major employment and cultural hubs.
As a 4-unit quadruplex, the property offers significant versatility for investors seeking a strong income-producing asset or owner-occupants looking to offset their mortgage through house-hacking.
Situated near designated Qualified Opportunity Zones and areas of active revitalization, the property is well-positioned to benefit from ongoing neighborhood development and long-term capital appreciation.
Built in 1930, the property may require substantial capital improvements or ongoing maintenance to modernize century-old systems and meet contemporary tenant expectations.
The majority of the immediate surrounding public schools carry low performance ratings, which could limit the property's appeal to long-term family tenants and impact future resale value.
Discover an exceptional investment opportunity with this well-located 4-unit property in the heart of Los Angeles. Centrally positioned just minutes from the prestigious University of Southern California, this property offers unmatched convenience and access to some of the city’s most dynamic destinations. Enjoy close proximity to iconic venues like the Los Angeles Memorial Coliseum and Banc of California Stadium, as well as cultural and economic hubs including the Los Angeles Fashion District, Exposition Park, the Los Angeles Convention Center, and vibrant Downtown Los Angeles. This location is further enhanced by easy access to public transportation, making it highly desirable for tenants and owner-occupants alike. Whether you're looking to expand your real estate portfolio with a strong income-producing asset or take advantage of a rare opportunity as a first-time homebuyer, this property offers both versatility and long-term potential. Situated near designated Qualified Opportunity Zones and surrounded by the continued growth and revitalization of Downtown Los Angeles, this property is ideally positioned to benefit from ongoing development and increasing demand. Don’t miss your chance to own a piece of one of LA’s most rapidly evolving neighborhoods.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 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 | 3,672 | 2,028 | 91% |
| Lot Size | 3,203 | 5,288 | 9% |
| Price | $875.0K | $750.0K | 70% |
| Price per sq ft | $238 | $373 | 15% |
| Built year | 1930 | 1912 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 209 | 3% |
Apr 3, 2026
$875,000
Initial Listing
Aug 5, 2019
$625,000
Public Record
Mar 1, 2010
$275,000
Public Record
Mar 9, 1999
$165,000
Public Record