TURNKEY SPANISH REVIVAL FOUR-UNIT PRIME USC & DOWNTOWN LA LOCATION Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive… Read More modern upgrades, this4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location. The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint. Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today s rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal. A particularly valuable feature is the property s approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location. Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset. A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles most prominent educational, employment, and cultural centers. Read Less
Courtesy of Major League Properties 714-412-1982
Listing Snapshot
Days Online
26
Last Updated
Property Type
Other
Beds
32
Square Ft.
4,864
Lot Size
0.16 Acres
Year Built
1923
MLS Number
PW26203876MR
Additional Details
Appliances & Equipment
None, Gas Or Electric Dryer Hookup, Laundry Closet Stacked, None, Stackable W/D Hookup
Building
4,864 sq ft, Built in 1923, Detached/No Common Walls
Community
Curbs, Street Lights, Sidewalks
Cooling
ENERGY STAR Qualified Equipment
Fireplaces
Living Room
Garage
0 total garage spaces, Unassigned
Water Features
Water: Public
Heating
Wall
Laundry
Gas Or Electric Dryer Hookup, Laundry Closet Stacked, Stackable W/D Hookup
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