$1,850,000
About this home
Exceptional 4-unit investment opportunity in one of Los Angeles’ most desirable rental pockets, ideally located just minutes from Hancock Park, Windsor Square, and Larchmont Village. Situated in a highly sought-after neighborhood with strong and consistent tenant demand, this property offers an attractive combination of stable current income and significant upside potential. The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time. Offered at $1,850,000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors. A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating neighborhoods.
Facts & features
- Cooling
- Wall Window Units
- Laundry
- Inside
- Levels
- Two
- Lot size
- 0.152 acres (6,637 sq ft)
- Pool
- None
- View
- City Lights
- Year built
- 1921
- Parking spaces
- 8
- Area
- C 18 - Hancock Park-Wilshire
- County
- Los Angeles
- Community features
- Sidewalks, Urban
- Status
- Active
- Property type
- Quadruplex
- Days on market
- 18
- Listed
- 2026-04-14
- Terms
- Cash, Conventional, Exchange 1031
- Parcel #
- 5516025024
- MLS #
- DW26085689