Description

Exceptional four-unit income property located at 1757 S. New England Street, Los Angeles, CA 90006, just minutes from Downtown Los Angeles with convenient access to the 10 Freeway, Hoover Street, and Vermont Avenue corridors. The central location offers proximity to major employment hubs, public transportation, schools, shopping, and dining, supporting strong and consistent rental demand. The property consists of four 1-bedroom, 1-bath units totaling approximately 2,147 square feet of living space on a 6,615 square foot lot. Property is zoned LARD1.5. Property is configured across two detached buildings, providing functional unit layouts and added privacy. The buildings are two stories and were originally constructed in 1900, offering solid fundamentals and long-term ownership appeal. Each unit is separately metered for electricity and gas, allowing for efficient utility management. The property also features four garage parking spaces and interior laundry facilities. Utilities include public water and public sewer. One rear unit will be delivered vacant at the close of escrow, offering immediate flexibility for an owner-user or investor strategy. This property presents a strong opportunity for investors seeking stable income today with upside potential through operational improvements and rental growth.