Well maintained 4-unit property located on a 11,359 Sq.Ft. lot zoned R3 in TOC Tier 3, presents an excellent redevelopment opportunity or adding multiple ADUs(buyer to verify). Property consists of 4 separate buildings – two 1-bedroom units ($989, $2,340) and two 2-bedroom units ($837, $2,650). Property is generating $81,792 of total Rental Income and has very low expenses. With rental upside of over 46% and possibility to add ADUs the property presents an outstanding value-add opportunity. New owner can redevelop the property utilizing density bonus or add two additional units and keep existing structures. In either case, this is investment with huge potential and upside.
Property Details
Price:
$1,050,000
MLS #:
SB25167775
Status:
Active
Baths:
0
Address:
6333 8th Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Jul 1, 2025
State:
CA
ZIP:
90043
Lot Size:
11,362 sqft / 0.26 acres (approx)
Year Built:
1926
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Schools
Interior
Appliances
None
Cooling
None
Flooring
Laminate
Heating
None
Laundry Features
None
Exterior
Community Features
Sidewalks, Street Lights, Urban
Parking Spots
8.00
Roof
None
Financial
Map
Community
- Address6333 8th Avenue Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
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6333 8th Avenue
Los Angeles, CA
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