90031 Homes with Quadruplex Subtype

90031 Homes with Quadruplex Subtype

Located in the vibrant city of Los Angeles, California, the zip code 90031 offers a plethora of opportunities for residents and investors alike. Situated in Los Angeles County, this area is known for its diverse communities, rich cultural heritage, and convenient access to amenities.

One of the notable features of this zip code is the availability of homes with the Quadruplex subtype. Quadruplex homes are multi-unit properties that consist of four separate living units, each with its own entrance. These properties are ideal for those looking to invest in real estate or for individuals seeking a home with rental income potential.

The Quadruplex subtype provides a unique opportunity to generate passive income by renting out the additional units. This can be a particularly attractive option for investors looking to diversify their portfolio or for homeowners who want to offset their mortgage payments.

In addition to the potential financial benefits, living in a Quadruplex home offers several advantages. Residents can enjoy the privacy and independence of a separate unit while still being part of a close-knit community. Furthermore, shared expenses such as maintenance and utilities can be divided among the four units, making it a cost-effective living arrangement.

Whether you are an investor or a homebuyer, exploring the homes with Quadruplex subtype in the 90031 zip code can be an exciting opportunity to find a property that suits your needs. With its prime location in Los Angeles and the potential for rental income, this area presents a promising investment and living option.

Newest 90031 Homes with Quadruplex Subtype

$750,000
MB26161097 MLS Coming Soon Status
Value-Add Fourplex on Large R3-1 Lot in Lincoln Heights Built in 1930, this charming two-story Craftsman-style property has been converted into four one-bedroom, one-bathroom units. Rich in character and architectural appeal, the building presents an exceptional opportunity for investors seeking a value-add asset. The property requires substantial rehabilitation, making it ideal for buyers looking to renovate and maximize its long-term potential. It is subject to Los Angeles rent control, with long-term tenants currently in place, providing stable occupancy while offering future upside. Situated on a generous R3-1 zoned lot, the property may offer the potential to add two ADUs or two additional dwelling units, subject to buyer verification and approval by the City of Los Angeles. Located in the highly desirable Lincoln Heights neighborhood, the property is just 10 minutes from Downtown Los Angeles and enjoys convenient access to major freeways, public transportation, shopping, dining, schools, parks, and other neighborhood amenities. The area is well established and continues to benefit from ongoing investment and redevelopment, making this an attractive opportunity for investors with a vision. Property Highlights: Built in 1930 Two-story Craftsman-style building Four 1-bedroom, 1-bathroom units Significant rehabilitation needed Subject to Los Angeles Rent Stabilization Ordinance (rent control) Long-term tenant occupancy Large R3-1 zoned lot with potential for additional development (buyer to verify) Possible opportunity for two ADUs or two additional units Prime Lincoln Heights location Approximately 10 minutes to Downtown Los Angeles Close to public transportation, shopping, restaurants, schools, parks, and major commuter routes This is a rare opportunity to acquire a classic Los Angeles income property with renovation and development potential in one of the city's historic and evolving neighborhoods. Buyer is advised to independently verify all zoning, development potential, and applicable regulations with the City of Los Angeles.

3212 Baldwin, Los Angeles

$775,000
MB26111570 MLS Active Status
Lincoln Heights fourplex , ONE UNIT DELIVERED VACANT ! Perfect Investment for Primary Occupancy, offset your mortgage with rent from other 3 units. Rare opportunity featuring 4 detached standalone bungalow-style homes on an expansive 9,899 sq ft LARD3-zoned lot in rapidly evolving Northeast Los Angeles. Unlike traditional apartment-style properties, each unit enjoys its own separate structure, creating a more private residential feel perfect for future Owner-Users and tenants alike . The property offers a wide central driveway, excellent unit separation, and strong value-add potential. Potential for new owner to establish Residency in the 2 bedroom unit as well.The property consists of one 2-bedroom unit and three 1-bedroom units totaling approximately 2,394 sq ft of living space. Each home includes its own dedicated two-car parking spaces, a highly sought-after feature in this submarket. Ideal Opportunity for First time Home Buyers seeking to break into this sought-after area by occupying one unit as a primary residence and Investors will appreciate the opportunity to capture future rental upside while benefiting from the charm and functionality of individual detached homes and Centrally located just minutes from Downtown Los Angeles, Chinatown, Little Tokyo, Dodger Stadium, USC Medical Center, and the vibrant dining, nightlife, and cultural hubs throughout Northeast LA, with convenient access to the 5, 10, 101, and 110 freeways.

2229 Hancock Street, Los Angeles

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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.