90038 Homes with Quadruplex Subtype

90038 Homes with Quadruplex Subtype

Welcome to the vibrant and eclectic neighborhood of 90038, nestled in the heart of Los Angeles, California. Known for its rich cultural tapestry and dynamic atmosphere, this zip code serves as a hub of creativity and diversity. From the iconic Hollywood sign to the bustling streets filled with art galleries, trendy cafes, and unique boutiques, 90038 is a place where urban living meets artistic expression.

One of the standout features of this neighborhood is the availability of homes with a quadruplex subtype. Perfect for investors or those seeking multi-generational living arrangements, quadruplexes offer a unique opportunity to own a property that can accommodate multiple families or serve as a source of rental income. These charming residences often boast a mix of vintage character and modern amenities, making them an attractive option for those looking to live in a lively community while also enjoying financial benefits.

The real estate market in 90038 is as diverse as its residents, with properties ranging from stylish bungalows to contemporary multi-family homes. Living in this area means being just minutes away from the entertainment capital of the world, with easy access to major studios, theaters, and the vibrant nightlife that Los Angeles is famous for.

In addition to its entertainment options, 90038 is well-connected to public transportation, making commuting a breeze. Whether you’re a first-time homebuyer or an experienced investor, the quadruplex homes in this thriving neighborhood offer a unique blend of opportunity and lifestyle that’s hard to resist. Discover the charm of 90038 and make it your next home!

Newest 90038 Homes with Quadruplex Subtype

1255 N Gower Street, Los Angeles
$3,195,000
BB26220362 MLS ⋅ Active Status
1255 N Gower St is an exceptional opportunity to acquire a luxury new-construction 5-unit multifamily property in the heart of Hollywood. Featuring modern architecture, elevated designer finishes, custom built-ins, oversized windows, and thoughtfully designed interiors, this turnkey asset offers investors a high-quality, low-maintenance investment in one of Los Angeles' most desirable rental markets. Spanning approximately 6,091 square feet across two buildings, the property features four spacious 3-bedroom residences and one 2-bedroom unit, each offering stainless steel appliances, central HVAC, in-unit laundry, modern finishes, and balconies. All five units are currently leased at market rents, providing immediate cash flow and established rental income. All utilities are separately metered, and the property includes eight on-site parking spaces, helping minimize operating expenses and simplify management. Offered at $3,195,000, the property delivers a 5.40% cap rate, approximately $224,880 in annual gross potential rental income, and an attractive basis of $639,000 per unit. Ideally located near Larchmont Village, Melrose Avenue, Santa Monica Boulevard, and Hollywood Boulevard, the property benefits from proximity to Paramount Pictures, Sunset Gower Studios, Netflix, and some of L.A.'s most popular dining, shopping, and entertainment destinations. With luxury construction, strong existing rental income, separately metered utilities, and a prime Hollywood location, 1255 N Gower St presents an opportunity to acquire a modern multifamily investment with long-term rental appeal.

1255 N Gower Street, Los Angeles

6239 Banner Avenue, Los Angeles
$3,795,000
BB26214823 MLS ⋅ Active Status
6239 Banner Ave is a rare opportunity to acquire a brand-new, ultra-high-end 7-unit multifamily asset in the heart of Hollywood. Built to a level that stands apart from typical new construction, the property features elevated designer finishes and fixtures, custom built-ins, oversized windows, modern interiors, in-unit laundry and large balconies on the majority of residences. The property offers a desirable mix of spacious 3- and 4-bedroom residences alongside three smaller units, creating broad renter appeal in one of Los Angeles’ most active employment and entertainment hubs. Four of the seven units are already leased at market rents with 1 affordable unit, with newly executed leases extending through late 2027, providing immediate and secured in-place income while offering additional upside through lease-up of the remaining units. Offered at $3,795,000, the property delivers an impressive 6.37% cap rate and approximately $542,143 per unit, an exceptionally compelling basis for luxury new construction in this location. Ideally positioned near Larchmont Village, Melrose Avenue, Santa Monica Boulevard and Hollywood Boulevard, the property is surrounded by major studios, entertainment employers, dining, nightlife and some of L.A.’s most popular lifestyle destinations. With premium construction, strong day-one income, long-term lease security and aggressive pricing, 6239 Banner Ave offers investors the opportunity to acquire a high-quality Hollywood asset at a basis and yield rarely seen for new construction of this caliber.

6239 Banner Avenue, 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.

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