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Listed by Michael Green, DRE #00981395 • Michael Green Realty & Inv.
$1,520,000
Est. payment /mo
12 Beds
6.25 Baths
3,905 SqFt
New
1540 W 28th Los Angeles, CA 90007
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,905 sqft
Price per Sqft $389
MLS Listing ID CRSR26187181
Bedrooms 12
Full Baths 6
Year Built 1910
Lot Size 6,778 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
GREAT 4-UNIT INVESTMENT & OWNER-OCCUPANT OPPORTUNITY! This well-maintained 4-plex offers an excellent opportunity for an investor or owner-occupant looking to live in the largest unit while generating rental income from the other three units. The property may qualify for residential financing, providing an attractive option for first-time multifamily investors. The four units consist of: (A) 5 bedrooms + 3.25 baths; (B) 3 bedrooms + 1 bath; (C) 2 bedrooms + 1 bath; and (D) 2 bedrooms + 1 bath. The spacious 5-bedroom unit can be made available for a buyer-owner to occupy. The other three units are tenant-occupied, with current monthly rents of $2,000, $2,400, and $750, respectively. Recent improvements include fresh interior and exterior paint and a new shared clothes washer and dryer for resident use. The property offers 5 on-site parking spaces, including 3 assigned spaces and 2 spaces available on a first-come, first-served basis. Each kitchen is equipped with a stove and refrigerator. Conveniently located near USC, the property is well-positioned for the student rental market, offering potential for continued rental demand. According to the owner the property is believed to be in the USC Security Patrol area. For a first-time investor, this is an exceptional opportunity to
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Cooling Window / Wall Unit
Fireplaces Type None
Laundry In Laundry Room, 30, 38, Stacked Only
Exterior
Pool None
View None
Building
Water District - Public
Others
Tax ID 5054034001
Special Listing Condition Not Applicable
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