
Los Angeles, California 90002
This Residential Income Quadruplex presents a strategic value-add opportunity in the Los Angeles market. Listed at $849,000, the property sits above its $736,019 Fair Market Value, a price point reflecting the high demand for its four-unit configuration. Each unit offers a functional 2-bedroom, 1-bathroom layout with Individual Utility Metering to reduce operating expenses. While the Condition Rating of 5 indicates Aging Infrastructure, it provides a clear path for forced appreciation through renovation. This asset is best suited for Buy-and-Hold Investors or Contractors seeking a high-density rental project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9544 Compton Subject | $849,000* List Price | 0 | 0 | 2,804 | $262 | - |
A 1535 E 91st Street Sold | $820,000 | 5 | 3 | 2,294 | $357 | 0.3 mi |
B 9014 S Fir Avenue Sold | $880,000 | 0 | 0 | 3,148 | $280 | 0.6 mi |
C 9536 Bandera Street Sold | $995,000 | 0 | 0 | 0 | 0.4 mi | |
D 8820 Beach Active | $700,000 List Price | 0 | 0 | 2,636 | $266 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this quadruplex shows significant signs of aging and deferred maintenance. The exterior image reveals weathered stucco, outdated windows with security bars, and exposed utility wiring. The listing's own analysis highlights 'Aging Infrastructure' as a weakness, suggesting that major systems likely require substantial repair or replacement to meet modern standards.
The property consists of four units each featuring a 2-bedroom, 1-bathroom layout, which is a highly desirable configuration for families and long-term tenants, ensuring lower vacancy rates.
Each unit is equipped with its own electric and gas meter, allowing for direct tenant billing and significantly reducing the owner's monthly operating expenses and utility management burden.
As a quadruplex in a high-demand Los Angeles rental market, this property offers a diversified income stream and qualifies for residential financing, making it an ideal entry-level or portfolio-expanding asset.
With a 2,804 sqft building situated on a 3,465 sqft lot, the property has a high land-to-building ratio, resulting in minimal outdoor common space and potentially limited on-site parking for four households.
Built in 1951, the property may require significant capital expenditures for deferred maintenance or system upgrades to meet modern efficiency standards and tenant expectations.
Great four-unit investment opportunity, including two bedrooms, one bathroom each and with their own electric and gas meter per unit, please call Agent for more information.
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 | 2,804 | 2,297 | 63% |
| Lot Size | 3,465 | 4,479 | 38% |
| Price | $849.0K | $893.0K | 50% |
| Price per sq ft | $303 | $374 | 13% |
| Built year | 1951 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 172 | 6% |
Mar 29, 2026
$849,000
Initial Listing
Feb 29, 2012
$240,000
Public Record
Oct 12, 2006
$545,000
Public Record
Jun 28, 1994
$170,500
Public Record
Apr 22, 1994
$60,000
Public Record