Welcome to this charming Spanish architectural fourplex, just 3 blocks away from USC, Exposition Park, the New Lucas Museum, The Coliseum, and the BMO Stadium. This well-maintained building offers two lower and two upper, single-level homes with spacious living spaces and private laundry rooms. Each unit receives plenty of natural light and fresh air with three exposures and limited common walls for added privacy and reduced noise transfer. Parking is never an issue with 8 parking spaces available. Each unit is separately metered for gas and electricity. This fourplex presents an exciting opportunity to increase rents and add value. With some updates already completed, there is room for further improvements to attract higher-paying tenants and maximize rental income. The neighborhood's popularity among students and its proximity to USC make this fourplex an ideal investment. Additionally, there is potential for development, as the property is located in a burgeoning neighborhood with the possibility of acquiring neighboring properties for expansion. With the area experiencing growth and revitalization, developers and investors will find this property appealing. Take advantage of the increasing demand for housing by exploring options such as adding units, converting existing units into larger living spaces, or other development possibilities. This property offers flexibility and potential for those looking to capitalize on the growing market.
Based on information from CRISNet MLS 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. Updated: 29th November, 2023 8:54 AM (UTC)
Listing Agent: Nili Hudson
Listing Office: Compass
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