Excellent investment opportunity in South Los Angeles. This well-maintained recently remodeled property is situated at the end of a quiet cul-de-sac and features four separate residential units on a spacious lot. All four units are currently occupied, providing immediate rental income and an attractive opportunity for investors seeking a stabilized multi-unit asset with no rent control The property offers flexibility for a variety of investment strategies, whether you're looking to expand your portfolio or acquire a multi-unit property with rental income potential to offset ownership expenses. There is also potential for future upside through rental growth and continued investment in the property. Conveniently located just minutes from Downtown Los Angeles, with easy access to major freeways, public transportation, shopping, restaurants, schools, and a wide range of everyday amenities. An excellent opportunity to acquire an income-producing multi-unit property in a convenient Los Angeles location.
| MLS # | SR26178991 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 78 |
| Listing Provided By | Keller Williams Realty-Studio City | Jenny Gurevich |
| SQ Feet | 2,400 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.14 |
| Lot Features | Zero To One Unit Acre |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Urban |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90011 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90011) | |
Price: $1,295,000 low | high Med: $790,000 sqft: 2,400 low | high Med: 2,031 $ / sqft: $540 low | high Med: $389 On site: 78 low | high Med: 72 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90011 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90011) | |
Price: $1,295,000 low | high Med: $790,000 sqft: 2,400 low | high Med: 2,031 $ / sqft: $540 low | high Med: $389 On site: 78 low | high Med: 72 | |
![]() | $1,199,0001291 E 40thLos Angeles, CA 90011 |