El Sereno (621) Homes with Quadruplex Subtype

El Sereno (621) Homes with Quadruplex Subtype

Welcome to El Sereno, a vibrant and diverse neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural tapestry and stunning hillside views, El Sereno offers a unique blend of urban convenience and suburban charm. With its proximity to downtown Los Angeles and easy access to major freeways, residents enjoy the best of both worlds—an inviting community atmosphere coupled with the excitement of city life.

El Sereno is characterized by its eclectic mix of architectural styles, and one of the standout options for homebuyers is the quadruplex subtype. These multi-family homes are perfect for investors or those looking to create a family compound, offering four separate living units under one roof. Each unit provides ample space and privacy, making it an ideal choice for multi-generational living or generating rental income.

The neighborhood boasts a strong sense of community, with local parks, schools, and shops just a stone's throw away. Residents can enjoy leisurely strolls through the picturesque streets, or explore the nearby hiking trails that showcase the area's natural beauty. El Sereno is also home to a variety of cultural events and local eateries, giving you a taste of the rich heritage that defines this area.

Whether you’re seeking a smart investment opportunity or a cozy place to call home, El Sereno’s quadruplex properties offer flexibility, potential, and a welcoming environment. Discover the charm of El Sereno and make it your next home sweet home!

Newest El Sereno (621) Homes with Quadruplex Subtype

$1,350,000
PW26156976 MLS ⋅ Active Status
This turnkey four-unit income property presents an outstanding investment opportunity, featuring a beautifully remodeled Unit 2 with a modern, high-end aesthetic and a newly constructed ADU with its own private entrance. The spacious unit mix offers strong tenant appeal while providing excellent long-term income potential. Ideally located near Cal State LA and with convenient access to Downtown Los Angeles and other major employment and lifestyle destinations, the property benefits from consistent rental demand. With projected rental increases, investors have the opportunity to achieve an estimated 5.1% capitalization rate, making this an attractive option for both long-term investors seeking stable cash flow and owner-occupants looking to offset ownership costs with rental income. Current Rents (Total: $7,619.43/month) Unit 1: 3 Bed / 2 Bath - $1,609.81 Unit 2: 2 Bed / 2 Bath - $2,250 Unit 3: 2 Bed / 2 Bath - $1,259.62 Unit 4 (ADU): 2 Bed / 2 Bath - $2,500 Current Financials: Annual Net Income: $69,928.57 Net Operating Income (NOI): $69,928.57 Annual Operating Expense: $21,504.59 Gross Rent Multiplier (GRM): 14.76% Capitalization Rate (Cap Rate): 5.18%

5150 Ithaca, Los Angeles
$899,000
WS25106120 MLS ⋅ Active Status
Exceptional Investment Opportunity in University Hills, El Sereno. Situated in the rapidly growing neighborhood of El Sereno, this well-maintained two-story 4-plex presents an outstanding opportunity for investors or owner-occupants alike. The property consists of four thoughtfully laid-out units—two on the ground floor and two upstairs. The unit mix includes: Units One and Two both has 1 bedroom, 1 bathroom. Unit Three has 2 bedrooms, 2 bathrooms in 2 separate spaces that are equipped with individual kitchens, adding flexibility and value to the property. Unit Four has 2 bedrooms, 1 bathroom. It has been recently renovated, featuring fresh paint, a brand-new bathroom, an updated kitchen with new cabinets, granite countertops, and in-unit laundry hook ups. Move-in ready. The building is approximately 3,261 sq ft on a 4,500 sq ft lot and offers six on-site parking spaces. Ideally located less than 20 minutes from Downtown Los Angeles and within proximity to Cal State LA, Alhambra, Pasadena, San Gabriel, Arcadia, and scenic Ascot Hills with stunning views from Downtown to Hollywood. Residents will enjoy nearby restaurants, public transportation, and easy access to major freeways including the 10 and 710. Don’t miss your chance to own a versatile and income-generating multi-family property in a vibrant and up-and-coming neighborhood—perfect for both living and long-term investment.

5150 Valley Boulevard, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.