1034 Beacon, Los Angeles, CA 90015

$1,799,000

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List Price
$1,799,000
Price Change
▼ $51,000 1779168781
Status
ACTIVE
MLS#
DW26088855
Year Built
1912
Lot Size
8,003
Acres
0.18
Lot Location
2-5 Units/Acre
Days on Market
100
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

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.

Additional Information

Pool Description
None
Heat
Central, Solar
Cooling
Yes
Cooling Description
Central Air
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$136,800
Operating Expense
34010

Listing courtesy of Listing Agent: Ixbalanque Garcia (ixgrealtor@gmail.com) from Listing Office: Won Suk Kim Real Estate, Inc..

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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.