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$ 799,000
Est. payment /mo
New
1362 E 20th ST Los Angeles, CA 90011
5,993 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25093281
HOA Y/N No
Year Built 1964
Lot Size 5,993 Sqft
Property Sub-Type Quadruplex
Property Description
Attention savvy investors! Looking for cash please. This 8-bedroom, 4-bath quadplex sits on a spacious 5,990 sq. ft. lot, ideally located just minutes from Vibrant Downtown Los Angeles and USC.
Ample parking is available with spaces in front, rear, and plenty of off-street options — a rare find in the area.
Currently under the REAP program, each unit generates an estimated $525/month, with one unit coming vacant — offering immediate upside potential.
The property is being sold as-is, presenting a fantastic opportunity for the right investor to reposition the asset, add value, and significantly increase rental income.
With strong demand for student and workforce housing in the area, this is the perfect value-add project to maximize returns and build long-term equity. Also has tons of potential to add ADU and JR ADU into the lot. Be sure to check with the city for requirements and approvals.
Don't miss out — opportunities like this in prime LA locations are rare!
Ample parking is available with spaces in front, rear, and plenty of off-street options — a rare find in the area.
Currently under the REAP program, each unit generates an estimated $525/month, with one unit coming vacant — offering immediate upside potential.
The property is being sold as-is, presenting a fantastic opportunity for the right investor to reposition the asset, add value, and significantly increase rental income.
With strong demand for student and workforce housing in the area, this is the perfect value-add project to maximize returns and build long-term equity. Also has tons of potential to add ADU and JR ADU into the lot. Be sure to check with the city for requirements and approvals.
Don't miss out — opportunities like this in prime LA locations are rare!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5119002007
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Adrian Cafuentes • PAK Home Realty • 562-355-2571