Off-Market Historic Filipinotown 4-Plex

Description

About This House

Off-market investment property featuring four units located in the Historic Filipinotown area of Los Angeles. This asset comprises a total of eight bedrooms and six bathrooms, offering roughly 2,900 square feet of living space situated on a lot of approximately 6,000 square feet that includes alley access. Each of the four units is configured with two bedrooms and a minimum of one full bathroom, one of which has been improved to add a secondary half bath. All units are presently occupied by tenants, producing a combined monthly rental income of $6,043. This delivers solid existing cash flow, with additional potential for increased returns through future renovations or tenant turnover.

The property is positioned in an infill corridor bordered by Echo Park, Silver Lake, and Downtown Los Angeles, a zone experiencing growing property values and strong demand for rentals. Comparable multi-unit buildings in the immediate vicinity have recently transacted for prices exceeding $1.1 million, indicating clear potential for both equity margin and appreciation.

Asking Price: $999,999 – Terms: Cash or Hard Money Only

I acquire between 15 and 25 properties each month, including those from probate estates, in pre-foreclosure status, exclusive pocket listings, and other off-market sources.

This opportunity is for end buyers only. For further details, please contact Ulisses Delgado by phone or text at (323) 555-6789.

Location