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

$888,000

SB26189430 MLS ⋅ Active Status

Property Description A unique four-unit opportunity in El Sereno, tucked along a palm tree-lined cul-de-sac surrounded by traditional homes. Offering approximately 4,000 square feet of total living space on a 7,127-square-foot lot, the property consists of one three-bedroom residence and three two-bedroom units, with dedicated parking for each unit. The front three-bedroom residence is vacant and move-in ready, offering approximately 1,120 square feet with fresh designer paint, new flooring, a beautifully updated kitchen with quartz countertops, double-pane windows, and in-unit washer/dryer hookups. Completely separate from the other three units with no shared walls, it also enjoys its own gated entrance and a generous fenced front yard, creating a wonderful sense of privacy. The three additional residences each feature two bedrooms and one bathroom, providing an established income-producing component to the property. Extensive improvements have also been made throughout the property, including a new roof, updated copper plumbing, new gas piping, an updated drainage system, new pillar supports, and freshly painted stucco. Additional features include four covered parking spaces, four dedicated storage units, and convenient rear-alley access. Beyond the property itself, El Sereno is a well-established Northeast Los Angeles neighborhood experiencing a renewed period of growth and community investment, with an emerging mix of community-focused gathering places, small businesses, and local venues adding new energy to the area while maintaining its longstanding residential character. Neighboring South Pasadena and Alhambra, El Sereno also provides convenient access to surrounding communities. For those who enjoy the outdoors, recreational opportunities are nearby at Ascot Hills Park, Ernest E. Debs Regional Park, and Elephant Hill Open Space, offering hiking and open-space experiences within the surrounding Northeast Los Angeles area. With four residences, approximately 4,000 square feet of living space, substantial property improvements, dedicated parking and storage, outdoor space, and an updated vacant three-bedroom front residence, this is a distinctive opportunity to own a multi-unit property in one of Northeast Los Angeles' established residential communities.

3910 Drysdale Avenue, Los Angeles

$888,000

9 Beds ⋅ 4 Baths ⋅ SB26189249 MLS ⋅ Active Status

A unique four-unit opportunity in El Sereno, tucked along a palm tree-lined cul-de-sac surrounded by traditional homes. Offering approximately 4,000 square feet of total living space on a 7,127-square-foot lot, the property consists of one three-bedroom residence and three two-bedroom units, with dedicated parking for each unit. The front three-bedroom residence is vacant and move-in ready, offering approximately 1,120 square feet with fresh designer paint, new flooring, a beautifully updated kitchen with quartz countertops, double-pane windows, and in-unit washer/dryer hookups. Completely separate from the other three units with no shared walls, it also enjoys its own gated entrance and a generous fenced front yard, creating a wonderful sense of privacy. The three additional residences each feature two bedrooms and one bathroom, providing an established income-producing component to the property. Extensive improvements have also been made throughout the property, including a new roof, updated copper plumbing, new gas piping, an updated drainage system, new pillar supports, and freshly painted stucco. Additional features include four covered parking spaces, four dedicated storage units, and convenient rear-alley access. Beyond the property itself, El Sereno is a well-established Northeast Los Angeles neighborhood experiencing a renewed period of growth and community investment, with an emerging mix of community-focused gathering places, small businesses, and local venues adding new energy to the area while maintaining its longstanding residential character. Neighboring South Pasadena and Alhambra, El Sereno also provides convenient access to surrounding communities. For those who enjoy the outdoors, recreational opportunities are nearby at Ascot Hills Park, Ernest E. Debs Regional Park, and Elephant Hill Open Space, offering hiking and open-space experiences within the surrounding Northeast Los Angeles area. With four residences, approximately 4,000 square feet of living space, substantial property improvements, dedicated parking and storage, outdoor space, and an updated vacant three-bedroom front residence, this is a distinctive opportunity to own a multi-unit property in one of Northeast Los Angeles' established residential communities.

3910 Drysdale Avenue, Los Angeles

$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

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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.