UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25090025
HOA Y/N No
Year Built 2023
Lot Size 7,649 Sqft
Property Sub-Type Quadruplex
Property Description
Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 — with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space.
Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line.
Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking.
Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LARD1.5
Interior
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Appliance Refrigerator
Laundry Inside
Exterior
Parking Features Driveway
Garage Spaces 6.0
Carport Spaces 3
Garage Description 6.0
Fence Wood, Wrought Iron
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 12
Private Pool No
Building
Lot Description 2-5 Units/Acre, Street Level
Story 2
Entry Level One,Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 6032027026
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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