$ 1,095,000
-
$1,095,000
Price -
7
Bed -
5
Bath -
3,946
SqFt -
0.15
Acre
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About the Listing X83391 - C126016
A prime FOURPLEX investment opportunity in the heart of University Park, just blocks from USC and USC Village, offering approximately $83,940.00 in projected annual gross rental income when fully leased at projected market rents. 2 units are currently VACANT, creating immediate upside through lease-up at projected rents or the option to occupy the expansive owner's residence.The property consists of four distinct units, anchored by an expansive 2BD/2BA residence occupying the entire ground floor. Previously owner-occupied and currently vacant, the residence features generous proportions and original period details throughout. Upstairs are three additional units: a vacant studio, a 1BD/1BA currently rented at $1,261/month, and a 2BD/1BA currently rented at $1,434/month. The 1BD/1BA is expected to become vacant in December, creating additional opportunity for a new owner to reposition rents. The two currently occupied units generate $2,695/month in existing rental income.A garage with an attached bonus room and a California basement provide additional utility and flexibility. Set among the architecturally significant homes of University Park, the property combines historic character, existing income and significant rental upside in a location convenient to USC, USC Village, dining, shopping and neighborhood amenities.
Listing Highlights for 920 W 20th St
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Fireplace
- Fireplaces: Gas and Wood
- Floor: Hardwood,Carpet
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: 1 car
- Parking Spaces: 4
- Zoning: LARD1.5
- Roof:
- Others:
- Sewer:
- Parking Features: Assigned,Gated,Driveway,Garage - 1 Car
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
920 W 20th St Los Angeles, CA 90007
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