$799,900
+$12,000 cash back4536 Wesley Ave, Los Angeles, CA 90037
Listed by Jonathan Kim, DRE #01419100, Equity Union
0
Beds
0
Baths
β
Sqft
6,527
Lot sqft
Property Highlights
Listing Provided Agent
- β’ Name: Jonathan Kim
- β’ DRE: 01419100
- β’ Email: jonathan4re@gmail.com
- β’ Phone: -
Listing Provided Office
- β’ Name: Equity Union
- β’ Email: veronica@equityunion.com
- β’ Phone: 661-516-2064
Source
Description
This fully occupied fourplex gives you income today with clear upside built in. It has four spacious 2-bed, 1-bath units of about 1,000 sq ft each, totaling [4,116] sq ft on a [6,527] sq ft [LAR3] lot. It runs at a 6.21% CAP with rents still below market. Gas and electricity are separately metered, so tenants pay their own utilities. Each unit has washer/dryer hookups, and a large parking area accessed from Hoover holds up to 7 vehicles. The property is about a mile from Exposition Park, home to the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the LA Memorial Coliseum. USC, BMO Stadium, and Downtown LA are minutes away, with quick access to the I-110, I-10, and I-105. Students, faculty, and downtown professionals keep rental demand strong. With new investment flowing into the South Figueroa corridor and [LAR3] zoning, you can hold for cash flow, bring rents to market, or plan for future expansion or redevelopment. Get paid while you wait for the upside.
Home Details
Interior
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Exterior
Parking & Lot
- Garage Spaces: 0
- Lot Size: 6,527 sqft
Utilities & Community
Utilities
- Water Source: Public, 4 separate electric meters, 4 separate gas meters
- Sewer: Public Sewer
Community
- Urban
Local Information
Home Buying Journey
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Pinkmelon, Inc. is a licensed real estate broker and operates as a team of real estate agents, complying with all equal housing opportunity laws. All information presented herein is collected from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No guarantee is made as to the accuracy of any description. All measurements and square footage are approximate. This information is provided for general informational purposes only and should not be interpreted as legal, tax, or other professional advice outside the scope of real estate brokerage. This is not intended to solicit listings from other brokers.