Description

Excellent opportunity to own a 3 Unit income property in the heart of Los Angeles. Located at 1438 E 20th St, this LARD2 zoned property sits on a 6,483 sq. ft. lot and offers a total of 3,114 sq. ft. of living space, making it ideal for investors or owner-users. The property consists of a front 4 bedroom, 2 bath unit that is currently tenant occupied, along with two rear units that are vacant and move in ready. The second unit features 2 bedrooms and 1 bathroom, while the third unit offers 1 bedroom and 1 bathroom, both showcasing updated interiors including modern flooring, fresh paint, upgraded kitchens, and remodeled bathrooms. The vacant units provide immediate rental or owner-occupancy potential, while the occupied front unit offers stable income with future upside. The property includes separate entrances and a functional layout, and its LARD2 zoning and generous lot size offer potential for long-term value (buyer verify). Conveniently located near schools, shopping, public transportation, and major freeways, this is a strong multifamily opportunity in a high-demand Los Angeles market and will not last.