$2,750,000

Multi Family In Los Angeles

  • 3 Beds
  • 3 Baths
  • 7,989 Sqft lot
  • Updated: June 30
  • Source:
    San Diego MLS  MLS#AR26141790

About the Property

Built in 2016, this well-maintained townhouse-style fourplex presents a rare opportunity to own a newer construction income property in a highly convenient central Los Angeles location. The property is not subject to RSO and currently exempt from AB 1482 rent control, offering greater flexibility for ownership and rental operations. Each unit features a thoughtfully designed and highly flexible 3-
Built in 2016, this well-maintained townhouse-style fourplex presents a rare opportunity to own a newer construction income property in a highly convenient central Los Angeles location. The property is not subject to RSO and currently exempt from AB 1482 rent control, offering greater flexibility for ownership and rental operations. Each unit features a thoughtfully designed and highly flexible 3-bedroom, 3-bathroom floor plan, including a bedroom and full bathroom on the main levelideal for guests, roommates, multi-generational living, or a home office. Upstairs, two spacious bedroom suites provide privacy and comfort, making the layouts especially appealing to today’s renters. As a newer construction property, the building offers lower maintenance costs compared to older multifamily properties. In addition, tenants pay all utilities except trash, helping reduce operating expenses and improve investment performance. Residents enjoy modern amenities including central air conditioning and heating, in-unit laundry, abundant natural light, and townhouse-style living that feels more like a private home than a traditional apartment. Conveniently situated near Koreatown, Downtown Los Angeles, USC, and major transportation corridors, the property offers easy access to West Hollywood, Beverly Hills, Hollywood, and other major employment and entertainment centers. Combining a prime location, newer construction, flexible floor plans, lower maintenance, and strong tenant appeal, this property presents an exceptional investment opportunity with long-term upside.
  • Property type

    Other

  • Floors

    2

Features

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211 S Hoover Street, Los Angeles, California, United States View on Google Maps
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In Realty Inc. - Arcadia

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In Realty Inc. - Arcadia
California, United States
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In Realty Inc. - Arcadia
Arcadia, California, United States
View agency profile
Last updated
June 30
First listed
Jun 30
Listing reference
AR26141790
Listing status
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