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$1,799,000

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8,001 Sqft Lot

Price Dropped by $51K

1034 Beacon Los Angeles, CA 90015

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26088855

HOA Y/N No

Year Built 1912

Lot Size 8,001 Sqft

Property Sub-Type Quadruplex

Property Description

VALUE-ADD | PARTIALLY VACANT | FULLY UPDATED UNITS, Welcome to 4 units on Beacon Ave, a well-maintained and fully updated multi-unit property located in the heart of Los Angeles. This is a prime opportunity for both investors and owner-users looking for flexibility and strong income potential.
The property features 4 units total, with 3 units delivered vacant and 1 unit currently rented, allowing immediate upside through lease-up at market rents or the option for owner occupancy. All units have been tastefully updated, offering modern finishes that attract quality tenants and reduce immediate capital expenses. The property is positioned for strong cash flow. Ideal for investors looking to maximize rental income, execute a lease-up strategy, or explore long-term hold potential in a high-demand rental area. Centrally located with easy access to Downtown Los Angeles, major freeways, public transportation, and local amenities. Turn-key condition with vacancy upside — a rare opportunity in today's market.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Central, Solar

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features None

Pool None

Community Features Street Lights

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5137016014

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ixbalanque Garcia Won Suk Kim Real Estate, Inc. 323-202-5885, DRE #02035537

NEARBY SCHOOL & BUSINESS

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