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$ 2,295,000
Est. payment /mo
Active
1045 E 20th Street Los Angeles, CA 90011
4 Beds
6,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25252903
Bedrooms 4
Lot Size 6,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
NO RENT CONTROL AND FULLY VACANT AT CLOSING! Built in 2021, 1045 E 20th Street is ideal for any owner/user or investor looking for newly constructed 4Plex in the heart of Los Angeles. All units are 4-Bed 3-Bath units, ideal for families or co-living tenants. With each unit measuring at about 1,300 SF, the property sits on a 6,000 SF lot. The property is projected to generate $15,980 in monthly scheduled rent, translating to an attractive 6.07% cap rate and 11.97 GRM, making this an exceptional opportunity for investors seeking strong cash flow and a modern, low-maintenance asset. The propertys central location and newer construction ensure long-term demand, stable returns, and minimal deferred maintenance for years to come. Located just minutes from Downtown Los Angeles, USC, and the Fashion District, the property offers residents convenient access to major employment centers, freeways, and public transit. With all units vacant, investors have the flexibility to lease at market rates or explore owner-occupancy options.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of Central Avenue and West of Hooper Avenue
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5131007012
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.