3634 Lanfranco, Los Angeles, CA 90063
- $1,250,000
List Agent Sang Ur () 2139256391 Redfin Corporation; CoList ()
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- PF26191619
- Year Built
- 1911
- Lot Size
- 7,432
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 11
- Property Type
- Multifamily
- Style
- See Remarks
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Incredible Cash-Flowing 4-Plex with Value-Add Upside & 8 Parking Spaces! Attention investors! Don’t miss this exceptional four-unit income-producing property situated on a spacious 7,432 sq. ft. lot in East Los Angeles (90063). The desirable unit mix includes one large 3-bedroom/2-bath unit, one 3-bedroom/1-bath unit, and two 2-bedroom/1-bath units. The property also offers a landlord-friendly expense structure. All four units are separately metered for gas and electricity, and tenants pay for gas, electricity, and trash. The landlord is primarily responsible for water. A major highlight is the large, gated parking area with 8 dedicated parking spaces, a significant advantage in this high-demand rental market. Located in a quiet and developing East Los Angeles neighborhood with convenient access to major freeways, shopping, dining, Citadel Outlets, and Downtown Los Angeles. An excellent opportunity for investors seeking a strong cash-flowing asset, future upside, or a potential 1031 exchange replacement property.
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Additional Information
- Other Buildings
- Storage
- Appliances
- Gas Cooktop, Water Heater
- Pool Description
- None
- Fireplace Description
- See Remarks
- Heat
- See Remarks
- Cooling
- Yes
- Cooling Description
- See Remarks
- View
- None
- Exterior Construction
- Stucco
- Roof
- Composition, See Remarks
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.