Modern fourplex built in 2020/2021 located in the rapidly growing Pico-Union neighborhood, just minutes from USC, Downtown LA, Koreatown, and Echo Park. This non-rent-controlled property features three 5 bed/5 bath units and one 5 bed/4 bath unit, each designed with open layouts, high ceilings, stainless steel appliances, sleek cabinetry, stylish… Read More tilework, and multiple balconies. Residents enjoy gated entry, a spacious backyard, three garages, and five additional guest parking spaces. Separate utility meters for each unit add to the property's convenience and efficiency. Currently rented by the bedroom, most rooms are already leased, with only a few vacancies remaining, providing an immediate opportunity for additional income. Built with modern systems and materials, the property offers minimal maintenance requirements and strong long-term durability. Located in Pico-Union, one of Los Angeles' fastest-developing neighborhoods, the property benefits from its central location and consistent tenant demand. Just minutes from USC and close to Downtown, Koreatown, major freeways, and job centers, this investment is ideally positioned to attract a wide pool of renters seeking convenience and modern living. Read Less
Property listed by Keller Williams Beverly Hills, Arash Pashaei 310-432-6400
Listing Snapshot
Days Online
43
Last Updated
Property Type
Other
Beds
20
Square Ft.
7,719
Lot Size
0.15 Acres
Year Built
2021
MLS Number
25580779
30 Days Snapshot Of 90006
$672k
-21%
(avg) sold price
10
+233%
homes sold
72
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Microwave, Refrigerator
Building
Built in 2021, Building area total: 7,719, Levels: MultiSplit, Living area: 7719, 2 buildings
Cooling
CentralAir
Heating
Central
Income
Gross income: $284,400, Net operating income: $216,115
Lot
0.1517 acres, 6,607 square feet, Size: 6,607
Parking
1 total parking, Covered
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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