Seize this rare chance to own a lucrative 4-plex priced at $825

000, 1.3 miles from USC. With approximately 3, 300 square feet, this property boa sts an excellent unit mix featuring (3) 2-bed/1-bath and (1) 1-bed/1-bath units. Convenience is key, with four parking spaces and a short distance to Downtown Los Angeles.

Ideal for first-time investors, this property is a starter pack offering the perfect opportunity to use a 5% down Fannie Mae loan. Additionally, its prximity to BMO Stadium (LAFC Stadium) adds to its allure. Anticipate a substantial annual gross rent of $57, 156, making this 4-plex an outstanding investment choice. Don't miss out on this gem in a prime location!

Request Information
on this property
in Los Angeles, CA
Presented by Anderson Real Estate Group, Agent at
eXp Realty of California Inc.


Property MLS #PW24006461 from CRMLS

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 7
Bedrooms On Main Level: 1

+ Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4
Bathrooms On Main Level: 1

+ Other Rooms

Kitchen, Living Room

+ Land Info

Lot Description: Near Public Transit
Lot Size Acres: 0.1379936
Lot Size Source: Assessor
Lot Size Square Feet: 6011

+ Home Features

View: Neighborhood

+ Multi-Unit Info

Number of Units: 4

+ School Information

School District: Los Angeles Unified
+ Display Complete School Details

Trinity Street Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions

William Jefferson Clinton Middle School is a public middle school located approximately 0.5 miles away.
Map directions

Nava College Preparatory Academy is a public high school located approximately 1.4 miles away.
Map directions

Joel John Scholastic Academy is a private middle and high school located approximately 0.9 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Amenities and Community Features

Community Features: Sidewalks

+ Other Property Info

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: MLK and Main St
Source Property Type: Residential
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
Parcel Number: 5111024013
Postal Code Plus 4: 1012
Zoning: LAC2
Property Subtype: Quadruplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$144869 + $114687 $259556	$3486
2021	$142029 + $112439 $254468	$3436
2020	$140573 + $111287 $251860	$3465
2019	$137817 + $109105 $246922	$3342
2018	$135115 + $106966 $242081	$3242
2017	$132466 + $104869 $237335	$3174
2016	$129869 + $102813 $232682	$3086
2015	$127919 + $101269 $229188	$3045
2014	$125414 + $99286 $224700	$3075
2013	$124848 + $98838 $223686	$3075
2012	$122400 + $96900 $219300	$3114
2010	$120000 + $95000 $215000	$3555
2009	$146207 + $106842 $253049	$3432
2009	$145860 + $106588 $252448	$3432
2008	$143341 + $104748 $248089	$3296
2007	$140531 + $102695 $243226	$3186

+ Reveal Property Sale History

Price Changed 2024-03-20
$750000
CRMLS

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Price Changed 2024-03-20
$750000
CRMLS

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Listed 2024-01-17
$825000
CRMLS

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Listed 2024-01-17
$825000
CRMLS

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Sold 2010-11-15
$215000
ITECH

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Listed 2010-09-22
$157000
ITECH

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Listed 2010-09-22
$157000
SoCalMLS

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Sold 2002-08-23
$225000
Public Record

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Sold 1988-11-01
$118000
Public Record

+ Building and Construction

Total Square Feet Living: 3300
Year Built: 1924
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 100
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

+ Accessibility Features

Parking

+ Utilities

Sewer: Public Sewer
Water Source: Public