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Listed by Jason Arnold, DRE #01834196 • Excellence Realty
$ 850,000
Est. payment | /mo
9,305 Sqft Lot
$ 850,000
Est. payment | /mo
9,305 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS26065957
Year Built 1937
Lot Size 9,305 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Exceptional opportunity to own a 4-unit property on a spacious 9,300+ sq ft LAR4-zoned lot in Los Angeles, offering both immediate rental income and long-term development potential. The property is currently improved with multiple units, providing flexibility for investors or owner-occupants alike. A unique advantage of this property is its ability to serve as a primary residence while generating income, with the added benefit of allowing a buyer to gradually improve or redevelop the property over time. With R4 zoning, the lot presents strong upside for future expansion or higher-density redevelopment. Buyers may choose to live in one unit while collecting rental income, then strategically reposition or redevelop the property as market conditions evolve-maximizing both usability and long-term value. The surrounding area has seen continued growth and redevelopment activity, further supporting the property's potential as a long-term investment play. Conveniently located near major transportation corridors, shopping, and local amenities. A rare opportunity to secure a property that offers immediate functionality, income potential, and the ability to build long-term equity through future development.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 6032028002
Special Listing Condition Not Applicable
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Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com