3916 Wisconsin Street
Los Angeles, CA 90037
- – beds
- – baths
- – sqft
- 6,782 sqft lot
- 1914 build
- – on site
Welcome to this charming Spanish architectural fourplex, just 3 blocks away from USC, Exposition Park, the New Lucas Museum, The Coliseum, and the BMO Stadium. This well-maintained building offers two lower and two upper, single-level homes with spacious living spaces and private laundry rooms. Each unit is a 1 bedroom and 1 bath and can easily be converted in a two bedroom/ 2bath unit because of how large the units are. Each unit receives plenty of natural light and fresh air with front and back entrances. There are limited common walls which add to the privacy and reduced noise transfer. Parking is never an issue. Each unit is separately metered for gas and electricity. This fourplex/five-unit building presents an exciting opportunity to increase rents and add value. With some updates already completed, there is room for further improvements to attract higher-paying tenants and maximize rental income. There is an unpermitted ADU fully remodeled 2 bedrooms/1 bath in the back that is detached from the building and brings in high rent. The neighborhood's popularity among students and its proximity to USC make this fourplex/five unit building an ideal investment. Additionally, there is potential for development, as the property is located in a burgeoning neighborhood with the possibility of acquiring neighboring properties for expansion. With the area experiencing growth and revitalization, developers and investors will find this property appealing. Take advantage of the increasing demand for housing by exploring options such as adding units, converting existing units into larger living spaces, or other development possibilities. This property offers flexibility and potential for those looking to capitalize on the growing market as this property is located a block away from USC and the new museum. This is prime real estate and will not last long on the market. 2 units will be delivered vacant.
Listed By CRMLS_CA / Yonnine Hawkins / Chase Skye Realty Group
Last checked:
Checking…
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Last updated Nov 5, 2024
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MLS# 24459999 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1914
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New Construction:No
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Building Area Total:2776.00
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# of Buildings:1
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Total Number Of Units:4
Interior
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Levels:Two
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Flooring:Wood
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:Cross Street Martin Luther King Blvd
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Latitude:34.01491700
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Longitude:-118.29224200
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:6782.0000
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Lot Size Acres:0.1557
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Lot Size SqFt:6782.00
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Other Structures:Guest House
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5037019024
Heating & Cooling
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Heating:1
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Heating:Forced Air
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Cooling:No
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Cooling:None
Appliances
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Appliances:Microwave
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/5/24
Nov 5, 2024
|
Listed / Active | CRMLS_CA | $1,135,000 |