4920 Druid ST new

Los Angeles,CA 90032

$ 900000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25177809

Year Built 1964

Lot Size 5,048 Sqft

Property Sub-Type Quadruplex

Property Description

Investor opportunity in the heart of El Sereno! This four-unit multifamily property features four spacious 2-bedroom, 1-bath units totaling approximately 3,092 sq ft on a 5,048 sq ft lot. Built in 1964 and located near Cal State LA, Downtown LA, and the LA Bioscience Corridor, this value-add asset offers significant upside. Three units are tenant-occupied at $940/month (month-to-month), and one unit is currently vacant. Projected market rents are $1,800+/mo per unit. Property includes gated parking for 4 vehicles (carport), separate electric meters, and low owner-paid expenses. Cosmetic improvements could quickly increase income. Zoned LARD1.5 and subject to LA Rent Stabilization Ordinance (RSO). Do not disturb tenants. Do not disturb tenants. Drive by only. Vacant unit can be shown ONLY WITH SUBMITTED OFFER.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LARD1.5

Interior

Cooling None

Laundry None

Exterior

Parking Features Gated

Pool None

Community Features Street Lights,Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Composition,Shingle

Building

Lot Description 2-5 Units/Acre

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to Existing Loan,Conventional,Submit

Listing Terms Cash,Cash to Existing Loan,Conventional,Submit

Special Listing Condition Standard

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