2008 Vineyard Avenue
Los Angeles, CA, 90016
$1,899,000
Beds
0 Baths
SqFt
0.15 Acres
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2008 Vineyard Ave is a fully renovated fourplex (triplex + ADU) in the highly desirable Mid-City/West Adams Adjacent neighborhood, offered at an unbeatable price of $1,899,000. Situated on a picturesque, palm tree-lined street just off trendy Washington Blvd, this charming property is perfect for owner-occupiers, 1031 exchange buyers, and investors alike. Notably, one of the 1-bedroom units is currently occupied at $2,295/month, but there is potential for it to be delivered vacant, making this an ideal opportunity for an owner/investor. The fully renovated front duplex features a spacious 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit. The back renovated SFR + brand new ADU includes two well-designed 1-bedroom, 1-bathroom units. Each unit has been extensively renovated to appeal to the contemporary renter, featuring low-maintenance luxury vinyl flooring, quartz countertops, modern interior f inishes, full tub/shower bathrooms, energy-efficient LED lighting, stainless steel appliances, and in-unit washer and dryers. The property also comes with numerous upgrades, including new plumbing, tankless water heaters, electrical, HVAC, and separately metered units—so the owner pays no utility costs. With a significant shortage of fourplex inventory under $2 million, this property is priced to sell fast at $1,899,000. The combination of the charming residential neighborhood, the rare, stabilized cap rate of 5.31%, and extensive renovations make 2008 Vineyard Ave an ideal investment opportunity that won’t last long. Located in one of LA’s most up-and-coming areas, this exceptional property is poised to deliver significant appreciation—act quickly before rates come down and prices go up!

Property Details

Price:
$1,899,000
MLS #:
BB24190340
Status:
Active
Baths:
0
Address:
2008 Vineyard Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Oct 3, 2024
State:
CA
ZIP:
90016
Lot Size:
6,445 sqft / 0.15 acres (approx)
Year Built:
1949
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Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Fireplace Features
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Community Features
Sidewalks
Electric
Standard
Garage Spaces
0.00
Lot Features
Back Yard, Landscaped
Parking Features
Assigned, Driveway
Parking Spots
6.00
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None
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Public Sewer
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None
Stories Total
2
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Public

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2008 Vineyard Avenue
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