947 S Sunol Drive, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This Income-Producing Quadruplex is a strategic asset listed at $1,249,900, reflecting the stability and fairness of its $1,242,995 Fair Market Value. Currently holding a Condition Rating of 4, the property features key infrastructure upgrades such as new electrical panels and updated insulation. The versatile unit mix and significant ADU conversion potential of the existing carports provide a clear path for forced appreciation and maximized rental yield. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-upside house-hack near Downtown Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 947 S Sunol Drive Subject | $1,249,900* List Price | 0 | 0 | 3,536 | $352 | - |
A 811 S Gage Avenue Active | $939,000 List Price | 0 | 0 | 2,336 | $402 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this quadruplex is well-maintained but shows its age. While it features significant recent functional improvements such as new electrical panels, fresh paint, and updated insulation, the interior finishes in the kitchens and bathrooms remain largely dated and do not reflect a full modern renovation. The property is move-in ready for tenants and shows pride of ownership through regular upkeep, but the overall aesthetic and original 1970s components align with the 'fair' condition category.
The property features a versatile mix of three 2-bedroom units and one 1-bedroom unit, all equipped with essential in-unit laundry, making it highly attractive for long-term rental stability.
The existing four-carport structure offers a prime opportunity for ADU conversion, providing a clear path for investors to increase unit count and maximize total rental yield.
With new electrical panels for all units, fresh paint, and updated insulation, the property benefits from improved energy efficiency and reduced immediate capital expenditure requirements.
Converting the carports into an ADU would eliminate covered parking spaces, which could be a competitive disadvantage for tenants in a high-density Los Angeles neighborhood.
Built in 1973, the property may still harbor aging plumbing or roofing systems that were not included in the recent upgrades, potentially leading to future maintenance costs.
Investors’ Delight, Rare 4-Unit Opportunity in Los Angeles! Excellent income-producing property featuring four units with a versatile mix of layouts: (3) 2-bedroom units and (1) 1-bedroom unit. The units include: 2BD/2BA, 2BD/1.5BA, 2BD/1BA, and 1BD/2BA, each with inside laundry. Recent upgrades include fresh paint, new upgraded electrical panels on all four units, and new insulation throughout the ceiling areas, offering added value and efficiency. Enjoy convenient parking with 4 covered carports, a large driveway, and ample street parking. The property offers plenty of space and future upside, including potential for converting the carports into an additional ADU (buyer to verify with the City) making this an outstanding opportunity to expand rental income. Perfect for investors or first-time buyers looking to live in one unit and rent the others for strong income potential. Conveniently located near shopping, parks, schools, and Metro System to Downtown LA. Don’t miss this incredible opportunity to own a multi-unit property in the City of Los Angeles!
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 | 3,536 | 1,828 | 85% |
| Lot Size | 5,971 | 5,983 | 46% |
| Price | $1.25M | $710.9K | 92% |
| Price per sq ft | $353 | $373 | 38% |
| Built year | 1973 | 1923 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 180 | 15% |
Jan 26, 2026
$1,249,900
Initial Listing