443 S State, Los Angeles, CA 90033
- $899,900
- List Price
- $899,900
- Price Change
- ▼ $15,090 1784168488
- Status
- ACTIVE
- MLS#
- CV26019172
- Year Built
- 1898
- Lot Size
- 6,372
- Acres
- 0.15
- Days on Market
- 183
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Multi Level
Property Description
Exceptional Investment Opportunity in the Heart of Boyle Heights! This fully occupied four-unit income property offers strong cash flow, pride of ownership, and recent upgrades making it an ideal addition to any investor’s portfolio. The property features a versatile unit mix: Unit #1 offers a spacious 2 bedroom, 1 bath layout with laundry hookups plus a bonus room; Unit #2 is a 2 bedroom, 1 bath unit; Unit #3 is a studio apartment with 1 bath; and the detached back house includes a 1 bedroom, 1 bath floor plan with laundry hookups and a private porch, providing excellent rental flexibility and tenant appeal. All units showcase updated kitchens and bathrooms, while major capital improvements include plumbing replaced, a newer roof, and upgraded electrical wiring, delivering long-term peace of mind and reduced maintenance costs. Ideally located near Hollenbeck park and offering convenient access to the 5, 60, and 101 freeways, this property provides excellent connectivity throughout Los Angeles. A rare opportunity to acquire a multi-unit asset in a high demand rental corridor perfect for investors seeking stable income and long-term appreciation.
Additional Information
- Pool Description
- None
- Heat
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Exterior Construction
- Stucco
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Laminate Counters
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $60,672
- Operating Expense
- 13990
Listing courtesy of Listing Agent: Ricardo Diaz (rick@mainstreetgroup.com) from Listing Office: MAINSTREET REALTORS.
Mortgage Calculator
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.