Updated Fourplex in Prime
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 Market144
Property Features for 1034 Beacon
General Information
Standard status
Active
Size
3,966 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
3,966 SF
Year Built
1912
Listing Agency:
Won Suk Kim Real Estate, Inc.
Listed By:
Ixbalanque Garcia · License #02035537
(562) 474-1722
Source:
Rochellemaize
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 14 at 10:12AM
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.
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
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Current Use
Location Intelligence
Trade Area within ½ mile
4,279
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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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.
