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Listed by Delia Hooper, DRE #01180987 • The Hooper Preserve
$1,235,000
Est. payment /mo
5,122 Sqft Lot
New
840 W 54th Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26230870
Year Built 1914
Lot Size 5,122 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
RARE LOS ANGELES FOURPLEX- EXCEPTIONAL VALUE-ADD POTENTIAL! An outstanding opportunity to acquire a well-maintained multifamily asset, offered for the first time in over 25 years! This spacious fourplex features three-2 bedroom 1 bath apartments, and one 3-bedroom unit- presenting an attractive combination of established rental income and substantial upside potential! One of the units has been tastefully remodeled and showcases contemporary flooring, an updated kitchen, stylish finishes, and an inviting living area-providing a glimpse of the property's future potential. Generous floor plans, tasteful improvements, and convenient rear parking enhance the property's long-term investment appeal. Ideally situated within minutes to USC, Downtown Los Angeles, and the 110 Freeway, this property offers convenient access to major employment centers, transportation corridors, and neighborhood amenities.With existing income, strategic rental repositioning opportunities, and a desirable Los Angeles location, this fourplex represents a solid addition to an investment portfolio. ***A RARE OPPORTUNITY TO ACQUIRE, ENHANCE, AND BUILD SOLID, LONG-TERM VALUE!*** Seller's sale is subject to a 1031 exchange.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Heating Wall Furnace
Cooling None
Laundry Gas Hookup, 30
Exterior
Parking Features Other
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 5001007010
Special Listing Condition Not Applicable
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