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$ 749,000
Est. payment /mo
Active
1362 E 20th Street Los Angeles, CA 90011
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25093281
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Attention savvy investors! Looking for cash please. This 8-bedroom, 4-bath quadplex sits on a spacious 5,990 sq. ft. lot, ideally located just minutes from Vibrant Downtown Los Angeles and USC. Ample parking is available with spaces in front, rear, and plenty of off-street options a rare find in the area. Currently under the REAP program, each unit generates an estimated $525/month, with one unit coming vacant offering immediate upside potential. The property is being sold as-is, presenting a fantastic opportunity for the right investor to reposition the asset, add value, and significantly increase rental income. With strong demand for student and workforce housing in the area, this is the perfect value-add project to maximize returns and build long-term equity. Also has tons of potential to add ADU and JR ADU into the lot. Be sure to check with the city for requirements and approvals. Dont miss out opportunities like this in prime LA locations are rare!
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Washington Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5119002007
Listed by Adrian Cafuentes PAK Home Realty
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