About this home

** REMODELED and DELIVERED VACANT with 9.12%+ PROJECTED CAP RATE. Rare turnkey 4-unit property with 12 BD / 8 BA, fully remodeled and delivered vacant, minutes from USC and Downtown LA. Projected gross rents are $11,700/month ($140,400/year), a return that's hard to find in today's LA market. The mix is a 4+3, two 3+2s, and a 2+1, including a brand-new 2026 ADU. Upgrades include a new roof, stucco, paint, electrical, plumbing, windows, HVAC, tankless water heaters, flooring, doors, granite counters, and upgraded baths, with zero deferred maintenance, so there's no capital expense eating into your return. Set your rents and choose your tenants from day one. Ideal for market-rate rentals, student housing, senior care, or a licensed care facility (buyer to verify). Owner-users can live in one unit and rent the other three. BD/BA count may differ from recorded title. Buyer to verify all information.

Facts and features

Schools

• Fifty-Second Street Elementary School

  elementary · K-5 · 0.2 mi

  2

• Augustus F. Hawkins High A Critical Design And Gaming

  high · 9-12 · 0.8 mi

  4

• John Muir Middle School

  middle · 6-8 · 0.8 mi

  5

• Nativity School

  elementary · K-8 · 0.5 mi

• ICEF Innovation Los Angeles Charter School

  elementary · K-5 · 0.5 mi

  5

• Nativity Elementary School

  elementary · K-8 · 0.5 mi

Price history

• Nov 5, 2026 · Listed$1,245,000
• Sep 9, 2026 · Listing Removed—
• Jul 6, 2026 · Listed$1,469,000
• Apr 4, 2024 · Sold$782,000
• Mar 22, 2024 · Price Changed$720,000
• Mar 21, 2024 · Price Changed$700,000
• Mar 17, 2024 · Listed$675,000

Tax history

• 2025$9,959 tax · $813,592 assessed
• 2024$1,263 tax · $797,640 assessed
• 2023$1,249 tax · $73,933 assessed
• 2022$1,207 tax · $72,484 assessed
• 2021$1,172 tax · $71,064 assessed
• 2020$1,175 tax · $70,336 assessed
• 2019$1,143 tax · $68,958 assessed
• 2018$1,070 tax · $67,607 assessed

Home value

$1,556,000

• Collateral Analytics$1,556,000

Where it is