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Ernie Caponera

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

$2,000,000

Est. payment - /mo

7 Beds

7 Baths

3,400 SqFt

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Open House

Sun Aug 16, 12:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $588

MLS Listing ID SR26171977

Bedrooms 7

Three Quarter Bath 7

HOA Y/N No

Year Built 1918

Lot Size 7,100 Sqft

Property Sub-Type Quadruplex

Property Description

Live in one unit and rent out the other three! Exceptional opportunity to own a beautifully renovated four-unit property in the heart of Cypress Park, offering an ideal blend of historic charm and modern construction. The front California Craftsman has been thoughtfully renovated and features three well-designed residences: an approximately 810 sq. ft. one-bedroom, one-bath unit, an approximately 835 sq. ft. two-bedroom, two-bath unit, and a spacious approximately 915 sq. ft. two-bedroom, two-bath unit. Completing the property is a recently constructed, detached approximately 840 sq. ft. ADU featuring two bedrooms and two baths, offering contemporary design and exceptional flexibility.

Whether you're looking to offset your mortgage by generating rental income, expand your investment portfolio, or explore future TIC (Tenant-in-Common) opportunities (Buyer to verify), this versatile property offers multiple strategies to fit your goals. Each residence has been tastefully updated with modern finishes while preserving the timeless character of the California Craftsman.

Ideally located in the vibrant Cypress Park neighborhood, you're just minutes from Highland Park, Downtown Los Angeles, Dodger Stadium, the LA River bike path, and an eclectic mix of popular restaurants, cafés, breweries, and neighborhood shops. This fantastic income property offers a rare combination of a beautifully renovated Craftsman, a recently constructed detached ADU, and an exceptional Northeast Los Angeles location.

Buyer and Buyer's Agent to independently verify all information, including square footage, permits, unit configuration, zoning, rental potential, and intended use.

Location

State CA

County Los Angeles

Area Cypk - Cypress Park

Rooms

Main Level Bedrooms 5

Interior

Heating Ductless

Cooling Ductless

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Street Lights, Sidewalks, Urban

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5446007001

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Stacey Havener True North Realty 661-433-6630, DRE #01303680

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

2801 575-581 Jeffries #1-4 Cypress Park, CA 90065