Great Investment Opportunity……fantastic income producing property. This well kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath). All remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 4 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for a new buyer with these long term tenants. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.
Property Details
Price:
$1,799,900
MLS #:
DW25075677
Status:
Active
Baths:
0
Address:
4432 Wesley Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Apr 7, 2025
State:
CA
ZIP:
90037
Lot Size:
7,832 sqft / 0.18 acres (approx)
Year Built:
1912
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Water Heater
Cooling
Wall/ Window Unit(s)
Fireplace Features
Primary Bedroom
Flooring
Carpet, Tile
Heating
Wall Furnace
Interior Features
2 Staircases, Balcony
Window Features
Screens
Exterior
Community Features
Sidewalks, Street Lights
Fencing
Chain Link, Wrought Iron
Garage Spaces
0.00
Lot Features
Lot 6500-9999
Parking Features
None
Parking Spots
0.00
Pool Features
None
Roof
Shingle
Security Features
Window Bars
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Mountain(s), Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address4432 Wesley Avenue Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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4432 Wesley Avenue
Los Angeles, CA
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