Excellent investment opportunity to acquire a four-unit income-producing property in Los Angeles! The property consists of four 2-bedroom, 1-bathroom units, each featuring a stackable washer and dryer, stove, microwave, and refrigerator. Additional features include gated rear parking with four uncovered parking spaces. All four units are currently tenant-occupied, providing an established rental income stream with potential for future improvements and long-term investment growth. Conveniently located near schools, shopping, public transportation, and major freeways. Property is subject to Los Angeles Rent Stabilization Ordinance (RSO) regulations. Buyer to independently verify square footage, permits, zoning, and other property-specific information.
| MLS # | IG26190967 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 46 |
| Listing Provided By | Real Broker | Chalae Walker |
| SQ Feet | 2,988 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.12 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Unfurnished |
| Appliances | Gas Range, Microwave, Refrigerator, Water Heater |
| Fireplace Yes / No | No |
| Security Features | Smoke Detectors |
|---|---|
| Construction Materials | Drywall, Stucco |
| Lot Features | Front Yard, Sprinklers In Front, Landscaped, Yard |
| Fencing | Wrought Iron |
| Parking Features | Electric Gate |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C23 Metropolitan |
| Listing VS Median (in 90003) | |
Price: $1,150,000 low | high Med: $697,000 sqft: 2,988 low | high Med: 1,617 $ / sqft: $385 low | high Med: $432 On site: 46 low | high Med: 76.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C23 Metropolitan |
| Listing VS Median (in 90003) | |
Price: $1,150,000 low | high Med: $697,000 sqft: 2,988 low | high Med: 1,617 $ / sqft: $385 low | high Med: $432 On site: 46 low | high Med: 76.5 | |
![]() | $1,150,000338 E 99thLos Angeles, CA 90003 |
![]() | $950,000330 1/2 E 99thLos Angeles, CA 90003 |