$1,350,000
Rare opportunity—find another like it, you won’t. Ideal for 1031, reverse 1031, downsizers, or first-time investors. An income property offering a level of flexibility that’s increasingly hard to find in Los Angeles. This is a rare opportunity in El Sereno where you’re not inheriting someone else’s numbers—you’re creating your own. Thoughtfully laid out with a standalone home on one end and a fourplex at the other, the property features a spacious central parking area that naturally separates the structures, enhancing privacy and functionality. The detached home has been fully reimagined with new flooring, plumbing, electrical, windows, cabinetry, and modern finishes throughout. A brand-new deck adds to the appeal—perfect for morning coffee or relaxed evenings. Delivered ready to move in and turnkey, it offers immediate flexibility for an owner-user or premium rental potential. The fourplex provides a balance of current income and strong upside. With two rent-ready units available, buyers have a rare opportunity to lease at today’s market rents rather than being locked into legacy leases—creating immediate value and long-term growth potential. Located in the heart of El Sereno—one of Northeast LA’s steadily rising neighborhoods you’re minutes from Highland Park, South Pasadena, and Alhambra, with convenient access to Downtown LA and major freeways. Nearby highlights include California State University, Los Angeles, Ascot Hills Park, Elephant Hill, and Ernest E. Debs Regional Park. Known for its rolling hills, views, and strong neighborhood identity, El Sereno continues to attract buyers seeking both character and long-term upside. Opportunities like this—where immediate flexibility and value—are rare. Live in it, lease it, or scale it—this is how you build a legacy.
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Listed by Camilo Valentin with Red House Realty, Inc (323) 800-4445
Property Type
Apartment
Status
Active
MLS Number
GD26086612
Year Built
1920
Lot Size
6,761 sq ft