Los Angeles, CA 90016
$1,250,000

Mark Quesada
Broker / Owner
DRE #02101365
Mediterranean-style four unit property located in the highly desirable West Adams/iMid City neighborhood of Los Angeles. This well-maintained investment property features four residential units, including two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering a desirable unit mix for consistent tenant demand. Property improvements include updated copper plumbing, newer windows, upgraded electrical systems with separate gas and electric meters as well a central heating. The grounds are enhanced by mature fig and pomegranate trees, adding charm and curb appeal. Ideally situated just minutes from Culver City, Beverly Hills, West Hollywood, Downtown Los Angeles, the I-10 Freeway, and Metro transit. This property provides excellent accessibility to major employment centers, dining, shopping, and entertainment. This Mid-City/West Adams four-unit asset presents an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and future rental upside in one of Los Angeles' most established and evolving neighborhoods. Whether expanding an investment portfolio or acquiring a value-add multifamily property in a proven rental market, this four unit property offers the location, fundamentals, and income potential to meet a wide range of investment objectives. The building next door at 2747 Redondo offers the same characteristics and same price..
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$9,225/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Interior
Construction
Lot & parking
$950,000
Median sale price
37 days
Avg days on market
100.1% of list
Sells for
Closed sales in 90016 over the last 6 months, all home types.
Listed by Kelly Myers, Compass
MLS# 26851773 · Active
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.