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TNG Real Estate Consultants

info@tngrealestate.com +1(714) 987-3310

$1,299,999

Est. payment - /mo

6,202 Sqft Lot

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Open House

Sat Aug 29, 11:00am - 2:00pm

Sun Aug 30, 12:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG26185273

HOA Y/N No

Year Built 1964

Lot Size 6,202 Sqft

Property Sub-Type Quadruplex

Property Description

Great investment opportunity in Los Angeles! This legally recorded quadruplex offers a versatile unit mix with strong existing income and additional upside potential. Three legal units are currently tenant occupied on month-to-month agreements, while the owner's 3-bedroom, 2-bathroom unit is expected to be delivered vacant, creating an opportunity for an owner-user or investor. Property features copper plumbing with a 1-inch main service line, an upgraded electrical system, two tankless water heaters, seismic foundation retrofit with anchor bolts, upgraded bathrooms in **Unit 2**, gas-fired wall furnaces, window A/C units, and on-site Speed Queen laundry machines. Additional income is generated from laundry and parking. Property also contains an additional occupied studio space that is not reflected as a legal fifth unit in available public records. Buyer to independently verify permits, unit configuration, square footage, rents, zoning, RSO status, improvements, and all other property information with the appropriate agencies.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type Living Room

Fireplace Yes

Laundry Outside

Exterior

Parking Features Controlled Entrance, Paved, Uncovered

Pool None

Community Features Mountainous, Storm Drain(s), Street Lights, Sidewalks

View Y/N Yes

View City Lights, Mountain(s), Neighborhood

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5539012023

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/c6dba12a-cbea-45b4-9402-504bc3d6500b?wl=true&setAttribution=mls&initialViewType=pano

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Listed by Silvia Klapp Real Broker 909-647-3885, DRE #02081328

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TNG Real Estate Consultants

+1(714) 987-3310

Agent License ID: 01886242

4139 Normal Los Angeles, CA 90029

TNG Real Estate Consultants

Open House

Key Details

Location

Interior

Exterior

Building

Others

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