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!
Property Details
Price:
$775,000
MLS #:
RS25093281
Status:
Active
Baths:
0
Address:
1362 E 20th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Apr 28, 2025
State:
CA
ZIP:
90011
Lot Size:
5,992 sqft / 0.14 acres (approx)
Year Built:
1964
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Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1362 E 20th Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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1362 E 20th Street
Los Angeles, CA
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