90042 Homes with Quadruplex Subtype

Zip code 90042 is located in the state of California, specifically in Los Angeles County. This vibrant area offers a variety of housing options, including homes with the unique subtype of Quadruplex.

Quadruplex homes are a popular choice for those seeking a multi-unit property investment. These properties consist of four separate living units within a single building, making them an excellent option for both homeowners and investors. Each unit typically has its own entrance, ensuring privacy for residents.

The Quadruplex subtype offers numerous advantages. Firstly, it provides an opportunity for homeowners to live in one unit while renting out the remaining units, generating extra income to offset mortgage costs. Alternatively, investors can rent out all four units, maximizing their rental income potential.

The zip code 90042 is known for its diverse and thriving community. Residents enjoy a range of amenities, including parks, restaurants, and shopping centers. The area is also home to various cultural attractions and events, making it an appealing place to live.

If you're considering purchasing a property in zip code 90042, exploring the Quadruplex subtype can be a wise investment decision. With the potential for rental income and the opportunity to live in one unit, these properties offer both financial benefits and flexibility. Reach out to a local real estate agent to learn more about the available Quadruplex homes in this area.

Newest 90042 Homes with Quadruplex Subtype

$1,399,000

GD26158258 MLS ⋅ Active Status

Exceptional opportunity to acquire a fully occupied four-unit apartment building in one of Highland Park's most desirable neighborhoods. Located at 5620 Stratford Rd., this well-maintained income property features a strong unit mix consisting of all 2 bed 1 bath units with well designed floor plans and approximately 3,614 square feet of improvements on a 6,312-square-foot lot including carport parking for each unit and currently generates approximately $7,064 per month. Ideally situated north of York Boulevard, the property provides convenient access to Highland Park's vibrant dining, shopping, entertainment, and transportation corridors, as well as Downtown Los Angeles, Pasadena, and Eagle Rock. This is an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and ownership in one of Northeast Los Angeles' strongest rental markets. Property is being sold as part of a trust administration. Please do not disturb occupants. Drive-by only. Interior inspection is available upon accepted offer or by appointment with the listing agent.

5620 Stratford, Los Angeles

$950,000

8 Beds ⋅ 4 Baths ⋅ CV26133040 MLS ⋅ Active Status

Just Listed a house in the front with 3 units at the rear building in a quiet Highland Park Area. The front house is 2 bedroom/2 bath house with a garage. Other units at the rear of the property with alley access consist of 1 bedroom/1 bath, 2 bedroom/1 bath, & 3 bedroom/1 bath. Reliable tenants. The largest unit downstairs at the rear building is being delivered vacant. Current GRM: 21.10 and Cap Rate: 3.24%. Proforma GRM: 7.82 and Proforma Cap Rate: 11.28%. Furthermore, there is a basement which can possibly be used a Studio Unit. Great Upside Potential.

6236 6240 Arroyo Glen Street, Highland Park

$950,000

CV26127291 MLS ⋅ Active Status

Just Listed a Fourplex in a quiet Highland Park Area. The front unit is 2 bedroom/2 bath house with a garage. Other units at the rear of the property with alley access consist of 1 bedroom/1 bath, 2 bedroom/1 bath, & 3 bedroom/1 bath. Reliable tenants. The largest unit downstairs is being delivered vacant. Furthermore, there is a basement which can possibly be used a Studio Unit. Great Upside Potential.

6236 Arroyo Glen St, 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.