Property Detail

1362 20th

Los Angeles CA 90011

$799,000

Status: Active

Property Details

Description

Attention savvy investors! Looking for cash please. This 8-bedroom, 4-bath quadplex sits on a spacious 5,990 sq. ft. lot, ideally located just minutes from Vibrant Downtown Los Angeles and USC. Ample parking is available with spaces in front, rear, and plenty of off-street options — a rare find in the area. Currently under the REAP program, each unit generates an estimated $525/month, with one unit coming vacant — offering immediate upside potential. The property is being sold as-is, presenting a fantastic opportunity for the right investor to reposition the asset, add value, and significantly increase rental income. With strong demand for student and workforce housing in the area, this is the perfect value-add project to maximize returns and build long-term equity. Also has tons of potential to add ADU and JR ADU into the lot. Be sure to check with the city for requirements and approvals. Don’t miss out — opportunities like this in prime LA locations are rare!

Map Location

Listing provided courtesy of Adrian Cafuentes of PAK Home Realty. Last updated 2025-04-30 08:14:14.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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