El Sereno (621) Homes with Quadruplex Subtype

Welcome to El Sereno, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural diversity and strong sense of community, El Sereno offers a unique blend of urban convenience and suburban charm. With its picturesque hills and stunning views of the San Gabriel Mountains, residents enjoy a peaceful retreat while still being just a stone's throw away from the bustling city life.

El Sereno is particularly appealing to homebuyers looking for quadruplex properties, which provide an excellent investment opportunity. These versatile homes can accommodate multiple families or serve as rental units, making them an ideal choice for those seeking passive income. The quadruplex subtype allows for a variety of living arrangements, whether you're looking to house extended family, create a multi-generational living space, or capitalize on the booming rental market in Los Angeles.

The neighborhood is well-connected with easy access to major freeways and public transportation, ensuring that residents can easily explore all that Los Angeles has to offer. From eclectic dining options and local shops to nearby parks and recreational facilities, El Sereno boasts a wealth of amenities that cater to its diverse residents.

In addition to its convenient location, El Sereno is known for its community-oriented events and activities, fostering a friendly atmosphere that welcomes newcomers with open arms. With its combination of affordability, accessibility, and a strong community spirit, El Sereno is a hidden gem for those looking to invest in Los Angeles real estate. Discover the potential of quadruplex living in this charming neighborhood today!

Newest El Sereno (621) Homes with Quadruplex Subtype

$1,350,000

PW26156976 MLS ⋅ Active Status

This turnkey four-unit income property presents an outstanding investment opportunity, featuring a beautifully remodeled Unit 2 with a modern, high-end aesthetic and a newly constructed ADU with its own private entrance. The spacious unit mix offers strong tenant appeal while providing excellent long-term income potential. Ideally located near Cal State LA and with convenient access to Downtown Los Angeles and other major employment and lifestyle destinations, the property benefits from consistent rental demand. With projected rental increases, investors have the opportunity to achieve an estimated 5.1% capitalization rate, making this an attractive option for both long-term investors seeking stable cash flow and owner-occupants looking to offset ownership costs with rental income. Current Rents (Total: $7,619.43/month) Unit 1: 3 Bed / 2 Bath - $1,609.81 Unit 2: 2 Bed / 2 Bath - $2,250 Unit 3: 2 Bed / 2 Bath - $1,259.62 Unit 4 (ADU): 2 Bed / 2 Bath - $2,500 Current Financials: Annual Net Income: $69,928.57 Net Operating Income (NOI): $69,928.57 Annual Operating Expense: $21,504.59 Gross Rent Multiplier (GRM): 14.76% Capitalization Rate (Cap Rate): 5.18%

5150 Ithaca, Los Angeles

$899,000

WS25106120 MLS ⋅ Active Status

Exceptional Investment Opportunity in University Hills, El Sereno. Situated in the rapidly growing neighborhood of El Sereno, this well-maintained two-story 4-plex presents an outstanding opportunity for investors or owner-occupants alike. The property consists of four thoughtfully laid-out units—two on the ground floor and two upstairs. The unit mix includes: Units One and Two both has 1 bedroom, 1 bathroom. Unit Three has 2 bedrooms, 2 bathrooms in 2 separate spaces that are equipped with individual kitchens, adding flexibility and value to the property. Unit Four has 2 bedrooms, 1 bathroom. It has been recently renovated, featuring fresh paint, a brand-new bathroom, an updated kitchen with new cabinets, granite countertops, and in-unit laundry hook ups. Move-in ready. The building is approximately 3,261 sq ft on a 4,500 sq ft lot and offers six on-site parking spaces. Ideally located less than 20 minutes from Downtown Los Angeles and within proximity to Cal State LA, Alhambra, Pasadena, San Gabriel, Arcadia, and scenic Ascot Hills with stunning views from Downtown to Hollywood. Residents will enjoy nearby restaurants, public transportation, and easy access to major freeways including the 10 and 710. Don’t miss your chance to own a versatile and income-generating multi-family property in a vibrant and up-and-coming neighborhood—perfect for both living and long-term investment.

5150 Valley Boulevard, 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.