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This property offers a great opportunity for both homeowners and investors. The front home features 2 bedrooms and 1 bathroom, with new flooring throughout and a recently remodeled bathroom, providing a fresh and updated interior.\r\nThe property also includes a rear structure with 3 bedrooms and 2 bathrooms. One of the bathrooms in the rear unit has been recently remodeled. The rear unit is unpermitted, and the Seller makes no representations or warranties regarding its permit status, square footage, or legality. Buyers are advised to independently verify all information and conduct their own due diligence regarding permits, zoning, and intended use.\r\nBoth the front and rear units will be delivered vacant at the close of escrow, offering flexibility for owner-occupants or investors.\r\nConveniently located near schools, shopping, dining, and major freeways, this property offers excellent potential for a variety of buyers. 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Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors.\r\n\r\nUnlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use:\r\n\u2022 Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed\/1-bath and one 4-bed\/2-bath), featuring the expansive spatial layouts and structural character typical of the era.\r\n\r\n\u2022 Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022.\r\n\r\nThe property delivers immediate, stable cash flow with highly predictable operational overhead:\r\n\u2022 Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000\/month. (much lower than the market rate).\r\n\u2022 Back Units (Two 3-Bed Layouts): Rented at $2,600\/month each ($5,200\/month combined).\r\n\u2022 Total Current Gross Income: $9,200\/month ($110,400\/annually).\r\n\r\nOperational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.","PropertyStyle":"","OriginalStyles":[""],"PropertyStyles":["Other"],"PropertyType":"Quadruplex","BrokeredBy":["Jennings Realty"],"Details":{"Bathrooms":5,"FullBathrooms":5,"Bedrooms":14,"Acres":0.1548,"SquareFeet":4266,"CentralAC":true,"CentralACDetails":"Wall\/Window Unit(s)","Water":"Public","GarageAndParking":false,"YearBuilt":1904,"Fireplace":0,"Heating":"Wall Furnace","HeatingType":false,"Exterior":false,"InteriorFeatures":false,"Miscellaneous":false,"Appliances":false,"Roof":false,"Flooring":false,"Foundation":false,"Construction":false,"Sewer":false,"Directions":"Please submit all offers to van.hamilton@viet-connect.com. Call or text: 323-788-6128. 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Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors.\r\n\r\nUnlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use:\r\n\u2022 Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. 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