Property Detail

Description

Attention Investors! Fourplex Opportunity to Flip or Buy and Hold – Large Units boasting 845 sq ft each in Central Los Angeles! CASH ONLY This value-add fourplex features four 2-bedroom, 1-bath units totaling approximately 3,380 sq ft of living space on a 5,990 sq ft lot. One Unit is VACANT creating immediate upside for an owner-user or investor seeking to lease at market rent-pro forma is $2600.With a conservative After Repair Value (ARV) estimated at approximately $1,050,000, this property presents a compelling repositioning opportunity for seasoned investors ready to renovate and stabilize. Property is currently under REAP and is being sold as-is. Alley access and parking for up to 9 vehicles, the property offers a rare parking advantage compared to many multifamily properties in the area. The lot configuration and layout also present add-on or reconfiguration potential for investors looking to further maximize value. Strategically located just minutes from Downtown Los Angeles, USC, Exposition Park, BMO Stadium, Crypto.com Arena, LA Live, and major freeway access, this Central LA location continues to benefit from strong rental demand and ongoing development throughout the surrounding corridors.