3634 Lanfranco, Los Angeles, CA 90063
- $1,250,000
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- PF26191619
- Year Built
- 1911
- Lot Size
- 7,432
- Acres
- 0.17
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 5
- 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
- Interior Features
- Unfurnished
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $95,000
- Operating Expense
- 30000
Listing courtesy of Listing Agent: Sang Ur (sang.ur@redfin.com) from Listing Office: Redfin Corporation.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.