A rare four unit investment opportunity in one of premier mid-city neighborhoods. This rehabbed fourplex with all 2 bedroom 1 bath units offers the investor an opportunity to capture market rents for the three vacant completely updated units including two with new kitchens, quartz countertops, stainless appliances, hardwood floors and designer fixtures. Owner occupants - Welcome! Live in one of the updated oversized units and collect rent from the remaining three units to help with the mortgage. $6,220 in income! Each unit has an assigned enclosed garage space that can be used for parking or storage. Short drive to the newly revived Pico Blvd corridor with hip restaurants and coffee shops and within close proximity to the Grove and the historic famers market. Building upgrades includes new exterior paint throughout, new windows and newly redesigned landscaping.
Off market
$1,280,700
1321 S Highland Ave, Los Angeles, CA 90019
8beds
3,250sqft
MultiFamily
Built in 1946
-- sqft lot
$1,280,700 Zestimate®
$394/sqft
$3,257 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,250 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 6,011 sqft
Details
- Parcel number: 5070001005
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1946
Community & neighborhood
Location
- Region: Los Angeles
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Estimated market value
$1,280,700