Investment Opportunity in Chinatown – Fourplex with Endless Potential! Located just minutes from Downtown LA. This versatile fourplex is nestled in the heart of Chinatown, offering endless investment potential with proximity to some of the city's top destinations like Dodger Stadium, Union Station, Little Tokyo, and Crypto Arena. With quick access to the 110 and 101 freeways, this property is perfect for those looking for convenience and connectivity. Each of the four condo-style units provides privacy for tenants. Three of the 4 units are ready for new ownership to set rental rates to market value. Unit Layouts show: MAIN UNIT #1 comes with spacious 3 bedrooms and 2 bathrooms, featuring a large living room and kitchen – ideal for families or shared living. UNIT#2 & #3, each offers 2 bedrooms and 1 bathroom, along with a generously sized living room and kitchen, perfect for roommates or small families. UNIT 2A provides 1 bedroom and 1 bathroom with a well-sized living room and kitchen, catering to singles or couples. The property also includes a large three-car garage, a substantial basement for additional storage or potential enhancements, and a convenient coin-operated laundry room that adds to the appeal for tenants. This fourplex offers endless possibilities for investors to maximize rental income in a high-demand area of Los Angeles. Don’t miss out on this rare opportunity to own a multi-family property with strong growth potential in a vibrant, well diverse and dynamic neighborhood!
Sold for $1,310,000 on 12/27/24
Listing Provided by:
Pichamon Gentry-Pantera DRE #01935173 562-857-6768,
C-21 Astro
Bought with: C-21 Astro
$1,310,000
800 New Depot St, Los Angeles, CA 90012
8beds
5baths
3,901sqft
Quadruplex
Built in 1966
-- sqft lot
$1,288,200 Zestimate®
$336/sqft
$3,452 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 13, 2025 at 06:16pm
Listing Provided by:
Pichamon Gentry-Pantera DRE #01935173 562-857-6768,
C-21 Astro
Bought with:
Pichamon Gentry-Pantera, DRE #01935173
C-21 Astro
Source: CRMLS,MLS#: RS24234276
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,901
- Total interior livable area: 3,901 sqft
Property
Parking
- Total spaces: 3
- Parking features: Covered, Garage Faces Front, Garage, On Street
- Garage spaces: 3
Features
- Levels: One,Multi/Split
- Stories: 1
- Entry location: steps required
- Pool features: None
Lot
- Size: 5,159 sqft
- Features: Gentle Sloping
Details
- Parcel number: 5407007013
- Zoning: LAR4
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 12000
Other
Other facts
- Listing terms: Cash to New Loan,Submit
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Estimated market value
$1,288,200