Description
Auction-style sale investor & 1031 exchange alert! originally listed at $1,990,000, bidding starts at $1,699,000! minimum acceptable bid: $1,699,000 (subject to seller's undisclosed reserve) incredible value at just $397/sf! luxury fourplex | fully renovated | high-yield opportunity. don't miss this rare chance to acquire a fully remodeled luxury fourplex near the los angeles coliseum and expo park, a true trophy asset perfect for seasoned investors, 1031 exchange buyers, or owner-users seeking strong income potential. this meticulously restored property offers four high-end residences, each featuring: stainless steel appliances, in-unit laundry, wall a/c units, designer finishes, and modern layouts. crafted by an experienced contractor, this turnkey property blends classic los angeles charm with contemporary upgrades, delivering style, durability, and solid cash flow. whether you're expanding your portfolio, completing a tax-deferred exchange, or looking to live in one unit while renting the others, this is a strategic acquisition with exceptional upside. schedule your private showing today and take advantage of this below-market opening price before it's gone. this is your opportunity to own a premium income-generating asset in a rapidly appreciating corridor of los angeles.
Property Type
Residential IncomeCounty
Los AngelesStyle
ContemporaryAD ID
50317359
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 11
Bathroom Information
- Total Baths: 8
- Full Baths: 0
- Half Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Other
Interior Features
- Roof : Flat Tile
- Windows: Double Pane Windows
- Property Appliances: Built-In
- Flooring: Laminate
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
-
Exterior Features
Building Information
- Year Built: 1924
- Building Area Total: 4,278
- Roof: Flat Tile
Security Features
- Gated Community
Pool Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.19
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 8276
-
Listing Information
Listing Price Information
- Original List Price: 1,699,000
- Listing Contract Date: 2025-07-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5018029028
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport,Door-Multi,Direct Access,Driveway,Garage,Private
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C42 - Downtown L.A.
- Postal Code Plus 4: 3121
- Directions: West of Figueroa
- Zoning: LARD2
- Source Property Type: Residential Income
- Area: C42 - Downtown L.A.
Building and Construction
- Property Age: 101
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 4278
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/04/2025 @ 13:46
- MLS: 25559443
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 11 bedrooms which is for sale, it has 4,278 sqft, 8,276 sized lot, and 2 parking. are nearby neighborhoods.