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Updated Fourplex in Prime Location
For Sale
$1,799,000

1034 Beacon, Los Angeles, CA 90015

Updated four-unit property with vacancy upside in central Los Angeles.

Property Size3,966 SF
Days on Market189

Property Features for 1034 Beacon

General Information

Standard status Active
Size 3,966 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Pico-Union

Building Details

Building Size 3,966 SF
Year Built 1912
Listing Agency: Won Suk Kim Real Estate, Inc.
Listed By: Ixbalanque Garcia · License #02035537
Source: Rochellemaize
Added: Apr 24 Changed: Oct 25 Last Checked: Oct 28 at 4:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Won Suk Kim Real Estate, Inc.

Rey
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Investment Insights

Based on property information with market context.

This four-unit property on Beacon Avenue is located in Los Angeles. It presents an opportunity for investors and owner-users. The property features four units, with three units delivered vacant and one unit currently rented. This allows for immediate upside through lease-up at market rents or the option for owner occupancy. All units have been updated with modern finishes. The property is positioned for cash flow. It is suitable for investors looking to maximize rental income, execute a lease-up strategy, or explore long-term hold potential in a high-demand rental area. The property is centrally located with access to Downtown Los Angeles, major freeways, public transportation, and local amenities. The property is in turn-key condition with vacancy upside. The location has a bike score of 78, making it very bikeable, a walk score of 92, making it a walker's paradise, and a transit score of 100, making it a rider's paradise.

Key Highlights

  • Three units delivered vacant, offering immediate upside through lease‑up at market rents or owner occupancy.
  • All units are fully updated with modern finishes, reducing immediate capital expenses.
  • Prime location in the heart of Los Angeles, ideal for maximizing rental income in a high‑demand area.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

4,279
Businesses Nearby

Demographics for 90015, CA

27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Updated four-unit property with vacancy upside in central Los Angeles.
Where is this quadplex located?
The property is located at 1034 Beacon Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Three units delivered vacant, offering immediate upside through lease‑up at market rents or owner occupancy.; All units are fully updated with modern finishes, reducing immediate capital expenses.; Prime location in the heart of Los Angeles, ideal for maximizing rental income in a high‑demand area.
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