NO RENT CONTROL AND FULLY VACANT AT CLOSING!
Built in 2021, 1045 E 20th Street is ideal for any owner/user or investor looking for newly constructed 4Plex in the heart of Los Angeles. All units are 4-Bed 3-Bath units, ideal for families or co-living tenants. With each unit measuring at about 1,300 SF, the property sits on a 6,000 SF lot. The property is projected to generate $15,980 in monthly scheduled rent, translating to an attractive 6.07% cap rate and 11.97 GRM, making this an exceptional opportunity for investors seeking strong cash flow and a modern, low-maintenance asset. The property’s central location and newer construction ensure long-term demand, stable returns, and minimal deferred maintenance for years to come. Located just minutes from Downtown Los Angeles, USC, and the Fashion District, the property offers residents convenient access to major employment centers, freeways, and public transit. With all units vacant, investors have the flexibility to lease at market rates or explore owner-occupancy options.