Investment Opportunity in Chinatown – Fourplex with Endless Potential! Located just minutes from Downtown LA. This versatile fourplex is nestled in the heart of Chinatown, offering endless investment potential with proximity to some of the city''s top destinations like Dodger Stadium, Union Station, Little Tokyo, and Crypto Arena. With quick access to the 110 and 101 freeways, this property is perfect for those looking for convenience and connectivity. Each of the four condo-style units provides privacy for tenants. Three of the 4 units are ready for new ownership to set rental rates to market value. Unit Layouts show: MAIN UNIT #1 comes with spacious 3 bedrooms and 2 bathrooms, featuring a large living room and kitchen – ideal for families or shared living. UNIT#2 &' #3, each offers 2 bedrooms and 1 bathroom, along with a generously sized living room and kitchen, perfect for roommates or small families. UNIT 2A provides 1 bedroom and 1 bathroom with a well-sized living room and kitchen, catering to singles or couples. The property also includes a large three-car garage, a substantial basement for additional storage or potential enhancements, and a convenient coin-operated laundry room that adds to the appeal for tenants. This fourplex offers endless possibilities for investors to maximize rental income in a high-demand area of Los Angeles. Don’t miss out on this rare opportunity to own a multi-family property with strong growth potential in a vibrant, well diverse and dynamic neighborhood!
Property Details
Price:
$1,348,800
MLS #:
RS24234276
Status:
Active Under Contract
Baths:
0
Address:
800 New Depot Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
chnachinatown
City:
Los Angeles
Listed Date:
Nov 14, 2024
State:
CA
ZIP:
90012
Lot Size:
5,159 sqft / 0.12 acres (approx)
Year Built:
1966
See this Listing
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Exterior
Community Features
Street Lights
Garage Spaces
3.00
Lot Features
Gentle Sloping
Parking Features
Covered, Garage, Garage Faces Front, Street
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
3
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Map
Community
- Address800 New Depot Street Los Angeles CA
- AreaCHNA – Chinatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90012
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Courtesy of C-21 Astro. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
800 New Depot Street
Los Angeles, CA
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