800 New Depot Street
Los Angeles, CA 90012
Active for $1,348,800
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,159 sqft
MLS | RS24234276 |
Year Built | 1966 |
Property Type | Quadruplex |
County | Los Angeles |
Status | Active |
Active | $1,348,800 |
Structure Size | N/A sqft |
Lot Size | 5,159 sqft |
Beds | N/A |
Baths | N/A |
Description
Investment Opportunity in Chinatown – Fourplex with Endless Potential! Located just minutes from Downtown LA. This versatile fourplex is nestled in the heart of Chinatown, offering endless investment potential with proximity to some of the city's top destinations like Dodger Stadium, Union Station, Little Tokyo, and Crypto Arena. With quick access to the 110 and 101 freeways, this property is perfect for those looking for convenience and connectivity. Each of the four condo-style units provides privacy for tenants. Three of the 4 units are ready for new ownership to set rental rates to market value. Unit Layouts show: MAIN UNIT #1 comes with spacious 3 bedrooms and 2 bathrooms, featuring a large living room and kitchen – ideal for families or shared living. UNIT#2 & #3, each offers 2 bedrooms and 1 bathroom, along with a generously sized living room and kitchen, perfect for roommates or small families. UNIT 2A provides 1 bedroom and 1 bathroom with a well-sized living room and kitchen, catering to singles or couples. The property also includes a large three-car garage, a substantial basement for additional storage or potential enhancements, and a convenient coin-operated laundry room that adds to the appeal for tenants. This fourplex offers endless possibilities for investors to maximize rental income in a high-demand area of Los Angeles. Don’t miss out on this rare opportunity to own a multi-family property with strong growth potential in a vibrant, well diverse and dynamic neighborhood!
Listing information courtesy of: Pichamon Gentry-Pantera, C-21 Astro 562-857-6768. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.