3916 Wisconsin St, Los Angeles, CA 90037
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3916 Wisconsin St, Los Angeles, CA 90037
3916 Wisconsin St, Los Angeles, CA 90037
3916 Wisconsin St, Los Angeles, CA 90037
3916 Wisconsin St, Los Angeles, CA 90037

$860,000

Est. payment /mo

$975,000

11.8%
Est.Price: ?

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3916 Wisconsin St Los Angeles, CA 90037

5 Baths

6,782 Sqft Lot

SOLD DATE : 05/01/2025

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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TheMLS (CLAW)
Listed by Chase Skye Realty Group
Bought with General Realty Group,Inc.

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Eric Upshur

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eric@blueorangeentertainment.com