1362 E 20th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS25093281
Year Built 1964
Lot Size 5,992 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 5119002007
Special Listing Condition Not Applicable