Property listed by Christie's International Real Estate SoCal, Aaron Mejia 424-249-7162
$1,495,000
Prime Fourplex nestled in the heart of thriving Mid-City, this well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet. Built in 1963, the property offers an ideal unit mix of three spacious two-bedroom units and one one-bedroom unit all featuring in-unit laundry for added tenant convenience.With… Read More separate gas and electric meters for each unit, the property allows for simplified management and lower operating costs. A total of eight parking spaces four in the front and four in the rear provide valuable off-street parking, a rare amenity in this high-demand neighborhood.Mid-City is known for its rich architectural character and central location, offering seamless access to major corridors including the 10 Freeway. The neighborhood continues to see year-over-year growth in rental demand, making this an excellent opportunity for investors or owner-users seeking long-term upside.Recent upgrades include a newer roof on the rear structure (completed just 1.5 years ago), and interior renovations to Unit #3. Whether you're expanding your portfolio or searching for a value-add asset with strong fundamentals, this Mid-City fourplex checks all the boxes. Read Less
Listing Snapshot
Days Online
78
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,296
Lot Size
0.13 Acres
Year Built
1971
MLS Number
25559233
30 Days Snapshot Of 90016
$936k
-10%
(avg) sold price
15
+15%
homes sold
87
+55%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Microwave, Refrigerator, Dryer, Washer
Building
Built in 1971, Building area total: 3,296, Levels: Two, Living area: 3296, 2 stories, 2 buildings
Cooling
None
Lot
0.1317 acres, 5,738 square feet, Size: 5,738
Parking
6 totals parking, Assigned, Driveway
Property
Zoning: LARD1.5
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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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