Michelle Esquivel
michelle@michellehomesellingteam.com
Michelle Esquivel
michelle@michellehomesellingteam.com5,810 Sqft Lot
5,810 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24230876
Construction Status Turnkey
HOA Y/N No
Year Built 2018
Lot Size 5,810 Sqft
Lot Dimensions Builder
Property Description
The front duplex features two spacious, townhouse-style units, each with 4 bedrooms and 3 bathrooms. These units offer large, open floor plans and high-end finishes throughout. The back duplex includes a 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, perfect for attracting quality tenants seeking modern living in a desirable location.
Cap Rate of 6.3% and a GRM of 11.2, providing strong cash flow potential.
They are individually metered for water, gas, and electricity—ensuring minimal owner responsibility for utilities.
Mini split system for energy-efficient heating and cooling in each unit.
Low-maintenance construction and finishes designed for durability and long-term performance.
Located in a prime, centrally situated area, this property is just minutes from major landmarks such as LAX, SoFi Stadium, SpaceX headquarters, and the Intuit Dome Arena. The beach is a short drive away, and the property offers convenient access to the 405, 105, and 110 freeways, making commuting and travel a breeze.
Whether you're an investor seeking solid returns or an owner looking to live in one unit and rent out the others, this property checks all the boxes. Don’t miss out on this rare opportunity to acquire a modern, turnkey asset in one of the most dynamic and sought-after areas of Los Angeles.
This is a REAR OPPORTUNITY - Schedule a showing today!
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCR3YY
Interior
Heating Central
Flooring Laminate
Fireplaces Type None
Fireplace No
Laundry Inside, Outside
Exterior
Garage On Site
Pool None
Community Features Curbs
Utilities Available Electricity Available
View Y/N No
View None
Parking Type On Site
Private Pool No
Building
Lot Description Front Yard, Lot Over 40000 Sqft, Paved, Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 4037014013
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA