Prime 4-Unit Investment Property Near Downtown LA. Don’t miss this incredible income-generating opportunity in a high-demand rental market! This two-story, four-unit building features spacious 1-bedroom, 1-bathroom units, totaling 4,750 sq. ft. on a 7,310 sq. ft. lot. Prime Location! Close to Live LA Life, top restaurants, the Los Angeles Convention Center, Crypto Arena, Fashion District, and the University of Southern California (USC). Easy access to Downtown Los Angeles, freeways, public transportation, and entertainment. Unit #1328 recently upgraded (2024) New floors, cabinets, paint, appliances, and a fully remodeled bathroom. The other three units may need some upgrades. Plenty of space to build up to 2 additional ADUs at the back of the building (buyer to verify with the City of LA). Fully tenant-occupied steady rental income! Drive-by only please respect tenant privacy. All offers subject to interior inspection. Property is being sold in AS-IS condition, without any guarantees or warranties, expressed or implied. A fantastic opportunity for investors looking to add a high-performing rental property to their portfolio. Do not disturb occupants.
Property Details
Price:
$1,070,000
MLS #:
25491385
Status:
Active
Baths:
0
Address:
1328 Constance Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jan 29, 2025
State:
CA
ZIP:
90015
Lot Size:
7,310 sqft / 0.17 acres (approx)
Year Built:
1918
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Schools
Interior
Cooling
None
Flooring
Laminate
Heating
Wall Furnace
Laundry Features
None
Exterior
Architectural Style
Craftsman
Construction Materials
Stucco
Parking Features
None
Parking Spots
1.00
Roof
Composition, Shingle
Financial
Map
Community
- Address1328 Constance Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90015
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1328 Constance Street
Los Angeles, CA
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