Property listed by Real Brokerage Technologies, Daniel Cuevas 855-450-0442
$899,000
A well-maintained, pride-of-ownership quadruplex nestled in the heart of Los Angeles -- just three miles from SoFi Stadium and centrally positioned between Downtown LA and the beaches. This is a rare opportunity to acquire a fully-occupied, income-producing 4-unit property with a proven rent roll and immediate cash flow from day… Read More one.The property features a diversified unit mix of one studio, two one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit -- generating $6,595 per month ($79,140 annually) in gross rental income. Each unit is separately metered, keeping utility costs with the tenants and maximizing net operating income for the owner. The building also features three one-car garages and one carport, with tandem parking available in front of each space -- a premium amenity in the South LA rental market that commands tenant loyalty and reduces vacancy.The property has been remodeled and well-maintained, offering investors a true pride-of-ownership asset without deferred maintenance. Units feature open floor plans, washer/dryer hookups, and a welcoming aesthetic that keeps quality tenants in place. The 2-bedroom unit is a standout -- spacious, functional, and among the most in-demand floor plans in this submarket.Strategically located in Vermont Vista, this address sits within reach of major transit corridors, including Harbor Freeway Station (1.9 miles away), and is minutes from Los Angeles International Airport (7.6 miles), local shopping, restaurants, and top-rated schools in the Inglewood Unified School District. Whether your tenants commute to Downtown, the Westside, or the South Bay, this location delivers.For the investor, this property checks every box: stable tenancy, diversified unit mix to spread vacancy risk, no shared utilities, off-street parking, and market rents that present immediate value-add upside -- current rents sit approximately $790/month below the 90044 market ceiling, providing a clear path to increased income through natural turnover and RSO-compliant annual adjustments. This building is priced to move -- comparable 4-unit properties on this very street and throughout 90044 have sold in the $840,000-$965,000 range in 2025 alone. Read Less
Listing Snapshot
Days Online
15
Last Updated
Beds
6
Full Baths
4
Square Ft.
2,265
Lot Size
0.14 Acres
Year Built
1948
MLS Number
226001721
Additional Details
Appliances & Equipment
GasCooking, WaterHeater
Building
Built in 1948, Living area: 2265.0, 1 storey, Entry location: Ground Level w/Steps, Construction Materials: Stucco
Disclosures
FamilialRelation, PrincipalIsRealEstateLicensed
Floors
Laminate
Foundation
Raised
Garage
3 spaces
Heating
Central
Lot
0.1449 acres, Paved
Parking
3 total parking spaces, Gated
Roof
Flat
Sewer
PublicSewer
Taxes
Parcel Number: 6039014026, Zoning: LARD1.5
Utilities
4 separate electric meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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