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$ 1,349,999
Est. payment /mo
New
2022 4th Avenue Los Angeles, CA 90018
6 Beds
8 Baths
7,002 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26194984
Bedrooms 6
Lot Size 7,002 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to own a spacious fourplex in the heart of Mid Los Angeles with one large 2-bedroom unit delivered vacant, making this an excellent option for an owner-occupant or investor seeking immediate rental income with future upside. The property offers approximately 4,662 square feet of living area on an approximately 7,000 square foot lot and features two 2-bedroom units and two 1-bedroom units, each with generous floor plans of approximately 1,165 square feet and additional bonus space. The vacant 2-bedroom unit is bright and inviting with expansive living and dining areas, abundant windows, updated flooring, a spacious kitchen, approximately 1.75 baths, and in-unit laundry hookups. Three additional units are currently occupied and generate existing income, while the vacant unit provides an immediate opportunity for owner occupancy or market-rate rental income. Each unit has separately metered gas and electricity, helping simplify utility responsibilities. Additional highlights include four detached garage spaces, substantial off-street parking, gated frontage, and a large rear parking area. Ideally located near Koreatown, USC, Downtown Los Angeles, major employment centers, dining, shopping, public transportation, and the 10 Freeway. A compelling opportunity for an owner-user looking to offset housing costs with rental income or an investor seeking a well-located four-unit asset with existing income and meaningful long-term rental upside. Buyer to verify all square footage, permits, unit configurations, rents, expenses, and potential uses.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From the I-10 Freeway, exit Arlington Ave and head south. Turn left on Washington Blvd, then right on 4th Ave. Property will be
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5060027014
Acceptable Financing Conventional, FHA, VA
Listing Terms Conventional, FHA, VA
Virtual Tour https://www.zillow.com/view-imx/4d159091-5de4-49f1-b5aa-b8678ca12323?initialViewType=pano&utm_source=dashboard
Listed by Felix Hung, DRE#01876487 Real Broker