Property Detail

Description

Exceptional 4-unit multifamily investment on a prominent corner lot in the heart of Los Angeles, directly across from Menlo Avenue Elementary School. The property features a brand-new roof (2025) and two meticulously remodelled and vacant 3-bedroom/2-bath units with all updated electrical and plumbing, ideal for immediate lease-up or owner occupancy. Two additional (and also remodelled) 3-bedroom/1.5-bath units are tenant-occupied near market rent, with RUBS provisions in place to pass through ALL utility costs. The 4,176 sq ft building sits on a 6,450 sq ft lot and offers over eight off-street parking spaces. Recent upgrades, including plumbing and electrical upgrades, the new roof and completed termite clearance, make this a TURNKEY asset. Located minutes from BMO Stadium, Exposition Park, the LA Coliseum, USC, public transportation, shops, and restaurants, this property combines strong current income with clear rental upside in a high-demand Los Angeles location.