$860,000
$975,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
3916 Wisconsin St Los Angeles, CA 90037
5 Baths
6,782 Sqft Lot
Key Details
Sold Price $860,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25-479619
Sold Date 05/01/25
Lot Size 6,782 Sqft
Property Sub-Type Multi-Family
Property Description
Welcome to this charming Spanish architectural fourplex, just 3 blocks away from USC, Exposition Park, the New Lucas Museum, The Coliseum, and the BMO Stadium. This well-maintained building offers two lower and two upper, single-level homes with spacious living spaces and private laundry rooms. Each unit is a 1 bedroom and 1 bath and can easily be converted in a two bedroom/ 2bath unit because of how large the units are. Each unit receives plenty of natural light and fresh air with front and back entrances. There are limited common walls which add to the privacy and reduced noise transfer. Parking is never an issue. Each unit is separately metered for gas and electricity. This fourplex/five-unit building presents an exciting opportunity to increase rents and add value. With some updates already completed, there is room for further improvements to attract higher-paying tenants and maximize rental income. There is an unpermitted ADU fully remodeled 2 bedrooms/1 bath in the back that is detached from the building and brings in high rent. The neighborhood's popularity among students and its proximity to USC make this fourplex/five unit building an ideal investment. Additionally, there is potential for development, as the property is located in a burgeoning neighborhood with the possibility of acquiring neighboring properties for expansion. With the area experiencing growth and revitalization, developers and investors will find this property appealing. Take advantage of the increasing demand for housing by exploring options such as adding units, converting existing units into larger living spaces, or other development possibilities. This property offers flexibility and potential for those looking to capitalize on the growing market as this property is located a block away from USC and the new museum. This is prime real estate and will not last long on the market. 3 units will be delivered vacant.
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Rooms
Other Rooms GuestHouse
Interior
Heating Forced Air
Cooling None
Flooring Hardwood
Equipment Microwave, Freezer, Washer, Dryer
Laundry In Unit
Exterior
Parking Features Driveway
Garage Spaces 4.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with General Realty Group,Inc.
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