$1,740,000
About this home
Excellent investment opportunity near Downtown Los Angeles featuring a fully renovated multi-unit property with strong income potential and an attractive CAP rate over 6%. This upgraded property consists of five units total: 1 studio, 3 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit. All units have been newly remodeled with modern finishes, offering bright and functional floor plans designed to attract quality tenants. Each unit features comfortable living space with abundant natural light, updated kitchens with new countertops, and ample cabinetry. Recent renovations provide a turnkey investment with minimal deferred maintenance. Conveniently located near Downtown LA with easy access to shopping, dining, public transportation, and major freeways, making it an ideal rental location in a high-demand market. Perfect opportunity for investors and 1031 exchange buyers seeking steady income and long-term growth potential.
Facts & features
- Bedrooms
- 5
- Bathrooms
- 0 full, 0 half
- Living area
- 2,389 sq ft
- Appliances
- Disposal, Microwave, Dryer, Washer
- Heating
- Wall Furnace
- Levels
- Two
- Lot size
- 0.105 acres (4,552 sq ft)
- Year built
- 1920
- Parking
- Assigned, Driveway
- Parking spaces
- 8
- Area
- C 42 - Downtown L.A.
- County
- Los Angeles
- Status
- Active
- Property type
- Residential Income
- Days on market
- 58
- Listed
- 2026-04-10
- Original price
- $1,749,900
- Parcel #
- 5153030016
- MLS #
- 26694979
