BRING ALL OFFERS!!! Huge upside! An Investment gem in the Glassell Park/Mount Washington area! An exceptional Fourplex and true rarity featuring a total of 6 bedrooms and 4 bathrooms, thoughtfully distributed across two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Each unit has its own separate meter. The expansive lot offers ample parking spaces, and with the surrounding market on an upward trajectory, rents are steadily climbing. This remarkable property is a golden ticket to passive income for savvy, long-term investors like you. Located just a stone's throw from Mount Washington, Echo Park, Silver Lake, and Los Feliz, you'll enjoy easy access to the vibrant areas and amenities these neighborhoods offer. Close to shopping, parks, schools, and major freeways (5, 110, and 2), everything you need is conveniently within reach. Situated in Glassell Park's exciting Opportunity Zone, this is one you don't want to miss!
The income description goes here to explain
List Price | $1,199,000 |
Property Type | Fourplex (4-units) |
Usable Sqft | 3,722 |
Number of Stories | 2 stories |
Parking Spots | 0 spots |
Year Built | 1950 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 5456017019 |
MLS # | 25487013 |
Property ID | 321206947 |
Lot Sqft | 6,936 |
Zoning | LAR2 |
Total Units | 4 |
Days on Market | 119 |
Original List Price | $1,249,000 |
Date Updated | May 10, 2025 |
Date Created | January 20, 2025 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | 2 | 1.00 | $1,331 | $2,700 |
Unit #2 | 2 | 1.00 | $1,250 | $2,700 |
Unit #3 | 1 | 1.00 | $1,924 | $2,100 |
Unit #4 | 1 | 1.00 | $1,123 | $2,100 |
Gross Income (Yr) | $ 0 |
Operating Expenses | $ 0 |
Net Income (Yr) | $ 0 |
Nick Mercado an agent of Sotheby's International Realty. Lic #01348465
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT