Los Angeles, CA 90018
$1,295,000

Mark Quesada
Broker / Owner
DRE #02101365
This is a rare opportunity to acquire a two-story, four-unit property just west of USC, an area undergoing rapid growth and significant new development. With 4,786 sq. ft. of improvements on a generous lot with ample parking, the asset is well-positioned for strong tenant demand and future expansion. The property offers an attractive blend of stability and upside: a solid 5.5% cap rate and meaningful rent growth potential, with two units poised for 75-100% increases. Preliminary plans to add four ADUs further enhance the long-termvalue proposition. Each unit is individually metered for gas and electricity, keeping operating costs low and management efficient. The expansive rear lot provides excellent flexibility for additional ADU development. Located a stone's throw from USC security and adjacent to new construction, the property sits in a neighborhood energized by ongoing multifamily and commercial projects, major infrastructure upgrades, and global events including the 2026 World Cup and 2028 Olympics. Its proximity to the ExpoLine offers seamless access to transit, employment centers, and entertainment. This is an exceptional chance to secure a cash-flowing asset with multiple avenues for growth in one of Los Angeles' most dynamic and rapidly evolving submarkets.
Adjust the numbers to explore the cost of this home. Nothing is saved.
$9,557/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.
Pick a day and time — Mark will confirm your private tour.
Listed by Armin Soleimani, Global Platinum Properties, Inc.
Co-listed by Julio Ruiz, Global Platinum Properties, Inc.
MLS# 26871867 · Active
$970,000
Median sale price
35 days
Avg days on market
98.4% of list
Sells for
Closed sales in 90018 over the last 6 months, all home types.
Interior
Construction
Lot & parking
History reflects records reported to the MLS and may be incomplete.
Actual closed sales from the MLS — not estimates.