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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,190,000

Est. payment - /mo

7,034 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26122167

HOA Y/N No

Year Built 1948

Lot Size 7,034 Sqft

Property Sub-Type Quadruplex

Property Description

Location ! Location ! Exceptional four-unit investment opportunity located in the heart of Mid-City Los Angeles, one of the most centrally positioned and consistently in-demand rental corridors in the city. 1288 West Blvd offers a rare combination of stable in-place income, strong tenant demand, and meaningful long-term appreciation potential. The property consists of 4 units , 1 bed 1 bath residential units on a 7033 Sqt lot with attached 4 parking , on-site extra parking, providing a each unit 2 parking space . Its central location places it within minutes of Los Angeles' key economic and cultural hubs, including Downtown LA, Koreatown, Miracle Mile, Culver City, Beverly Hills, and Century City. Access to major employment centers as well as iconic destinations such as LACMA, the Academy Museum of Motion Pictures, The Grove, Hancock Park, and surrounding retail and dining districts. This central positioning continues to drive consistent rental demand from a broad tenant base seeking convenience and accessibility. Mid-City remains a highly supply-constrained submarket with enduring investor interest, supported by its strategic location and long-standing rental stability. The area continues to attract both renters and investors due to its proximity to major job clusters and its established residential character. This asset is ideally suited for long-term investors seeking stable income with future upside potential through natural rent growth and market appreciation. 1288 West Blvd represents a compelling opportunity to acquire a centrally located four-unit property in one of Los Angeles' most resilient and strategically positioned rental markets .A spacious attached 4-car garage (approximately 800 SF) offers excellent value-add potential and may provide an opportunity for future ADU conversion or additional living space, subject to buyer verification and City of Los Angeles approval.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Assigned, Door-Multi, Garage Faces Front, Garage, Garage Door Opener

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Urban

View Y/N Yes

View City Lights

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5082011005

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Cecilia Lee RE/MAX Connections 714-244-7175, DRE #01977480

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

1288 West Los Angeles, CA 90019

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1288 West