ATTENTION INVESTORS & FLIPPERS! LICENSED QUADRUPLEX WITH HUGE UPSIDE ????????
This Victorian property is a fully licensed quadruplex and also holds a Single Family with Rooming House license (10 bedrooms). With over 50 years of use as a college fraternity house, this property presents an exceptional value-add investment opportunity ????.
The owner has already started the conversion into four independent income-producing units:
UNIT BREAKDOWN:
Unit 1: 3 Bedrooms | 1 Full Bath | In-Unit Laundry
Unit 2: 3 Bedrooms | 1 Full Bath | In-Unit Laundry
Unit 3: 1 Bedroom | 1 Full Bath | In-Unit Laundry
Unit 4: 1 Bedroom | 1 Full Bath | In-Unit Laundry
Additional features include separate utilities, basement storage, a spacious front porch, a large attic with expansion potential, and a high-ceiling basement—ideal for future value creation.
MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED:
All plumbing fully replaced
Three brand-new water heaters installed
Electrical work approximately 50% completed
The property is being sold AS-IS, offering investors the opportunity to complete the renovation, increase rental income, and unlock strong returns ????. Conveniently located near restaurants, schools, cafes, churches, and entertainment, ensuring strong rental demand.
Don’t miss this rare opportunity to acquire a licensed quadruplex with significant income potential. ????
The income description goes here to explain
| List Price | $489,900 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,690 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1895 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 461201400 |
| MLS # | PAPH2575774 |
| Property ID | 322523680 |
| Lot Sqft | 3,182 |
| Zoning | RSA3 |
| Total Units | 4 |
| Days on Market | 27 |
| Original List Price | Unknown |
| Date Updated | February 03, 2026 |
| Date Created | January 15, 2026 |
Jackeline Estrada an agent of . Lic #RS377975
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT