Detailed Introduction Of This Home
We are thrilled to introduce an exceptional investment opportunity in the heart of the city—a magnificent quadraplex building near the renowned University of Southern California (USC). This property, constructed in 1913, showcases timeless architectural charm and holds immense potential. Situated on a spacious lot spanning over 7,500 square feet, this vintage quadraplex offers abundant room for outdoor activities and future expansion possibilities. Its prime location, in close proximity to USC and Downtown Los Angeles (DTLA), presents significant advantages for investors looking to tap into the thriving local rental market. Comprising of four units, each boasting approximately 1,000 square feet of living space, this property offers a unique blend of history and modern convenience. Three of the units have undergone remodeling, featuring indoor laundry facilities and new vinyl flooring throughout. These updated units seamlessly merge a fresh contemporary look with the property's historic allure. Moreover, at least one unit will be delivered vacant, granting the new owner the flexibility to choose their preferred approach to leasing or occupying the spaces. The occupied units are currently at market rents. Don't miss this excellent chance to own a piece of Los Angeles history while capitalizing on the city's flourishing rental market.