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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$2,400,000

Est. payment - /mo

7,004 Sqft Lot

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Open House

Sat Apr 25, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26087675

Construction Status Turnkey

HOA Y/N No

Year Built 2017

Lot Size 7,004 Sqft

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Excellent opportunity to acquire a 2017-built, non-rent controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The asset is surrounded by new development, with a nearby comparable sale at $3,100,000 and $3,700,000, supporting long-term value and appreciation.
The property features an attractive unit mix of two 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one 2-bedroom, 2-bath unit, with spacious layouts ranging from approximately 1,000 to 1,400 square feet, with the largest unit offering the most expansive living space., totaling 5,263 SF on a 7,000 SF lot, offering scale and strong rental appeal.
Each unit features:

-In-unit washer/dryer
-Stainless steel appliances
-HVAC
-Open floor plans with large bedrooms
-Separate utility metering

At approximately $456/SF, the property is priced below current replacement cost, providing an attractive basis for investors without the risks and timelines associated with new development.

Ideally located in the heart of Mid-City, the property offers convenient access to some of Los Angeles' most sought-after destinations, including the Arts District, Helms Bakery District, Cumulus (home to Whole Foods), Culver City Steps, and Ivy Station. The area is surrounded by major employment hubs, with companies such as Apple, Amazon Studios, Sony Pictures, HBO, and Beats Electronics contributing to continued growth and strong rental demand. Residents also enjoy excellent walkability to nearby coffee shops, grocery stores including Target and Sprouts, gyms, retail, entertainment, and a wide variety of restaurants. This central location provides seamless connectivity to nearby neighborhoods including Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, the Westside, and Downtown Los Angeles. Mid-City continues to be one of LA's most active and desirable rental markets, driven by its proximity to high-paying job centers, ongoing development, and overall accessibility.

The property also presents a unique opportunity for owner-occupants, with the ability to live in one unit while generating income from the others. Financing options may include FHA (low down payment) and conventional residential loans, further expanding the potential buyer pool.
With private on-site parking, separately metered utilities, and newer construction, this property offers both convenience and long-term value.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Primary Suite

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Gated

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

View City Lights

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre, Near Public Transit

Story 2

Entry Level Two

Foundation Slab

Sewer Unknown

Water Public

Architectural Style Contemporary, Traditional

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5067009052

Security Features Security Gate,Gated Community

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

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Listed by Azucena Carrillo Circle Real Estate 323-702-1883, DRE #02036492

Nearby School & Business

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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4816 Saturn ST Los Angeles, CA 90019

Sean Beattie Jr.

Open House

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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