MOTIVATED SELLER!!! Welcome to a fantastic investment opportunity in the vibrant Pico/Union area Fourplex with a 6% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods! The property is fully occupied and with no vacancy.
| MLS # | 26643661 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 242 |
| Listing Provided By | Exclusive Realty Inc | Dante Peter Tantiado |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,418 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.05 |
| Property View | Yes |
| Appliances | Disposal, Refrigerator |
|---|
| Parking Features | None |
|---|
| Sewer | Other |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90015 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90015) | |
Price: $859,000 low | high Med: $510,000 sqft: 2,418 low | high Med: 890 $ / sqft: $355 low | high Med: $573 On site: 242 low | high Med: 117 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90015 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90015) | |
Price: $859,000 low | high Med: $510,000 sqft: 2,418 low | high Med: 890 $ / sqft: $355 low | high Med: $573 On site: 242 low | high Med: 117 | |