Joe Cloninger

Partner, Sales/Marketing License ID: 01954784

GET MORE INFORMATION

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 2,200,000

$ 2,249,000 2.2%

Est. payment | -/mo

8 Beds

6 Baths

5,207 SqFt

$ 2,200,000

$ 2,249,000 2.2%

Est. payment | -/mo

8 Beds

6 Baths

5,207 SqFt

Key Details

Sold Price $2,200,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,207 sqft

Price per Sqft $422

MLS Listing ID 26851855

Sold Date 09/23/26

Bedrooms 8

Year Built 1927

Lot Size 6,002 Sqft

Acres 0.1378

Property Sub-Type Multi-Family

Property Description

Fully occupied 4-unit Spanish Colonial generating ~$13,000/month gross income in a high-demand rental corridor near The Grove, Farmers Market, Pan Pacific Park, and Beverly Center. This well-maintained Spanish Colonial offers a turnkey opportunity with stable cash flow from day one. All four ~1,300 sq ft residences feature 2 bedrooms, hardwood floors, separate dining areas, and (3 units include in-unit washers and dryers; 4th unit has hookups). Central Heat/AC in 3 units. Both Lower Units: 2 Beds / 1.5 Baths; 2 Both Upper Units: 2 Beds / 1.0 Bath. Each unit comes with 1 assigned parking space in a covered carport plus 1 unoccupied parking space. Tenants pay all utilities except for water. Own a proven, stable investment property in a desirable neighborhood where rental demand has remained consistently high!

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Central, Other

Cooling Central, Other

Equipment Gas Or Electric Dryer Hookup, Dishwasher, Dryer, Microwave, Washer, Refrigerator, Range/Oven, Garbage Disposal

Exterior

Parking Features Carport, Carport Detached

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Dream Realty & Investments Inc
Bought with Pinnacle Real Estate Group