Residential Income Quadplex
1215 Neola St Los Angeles, CA 90041
1215 Neola St, Los Angeles, CA, 90041
$2,650,000
For Sale
$2,650,000
R1-1 zoned income property with 3,618 SF building area and 100% occupancy.
Property Size3,618 SF
Lot Size0.16 Acres
Price / SF$732.45
Days on Market27
Property Features for 1215 Neola St
General Information
- Standard status
- Active
- Size
- 3,618 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1912
Listing agency
eXp Commercial | California
(818) 433-0548
Listed by
Karl Markarian · License #CalDRE #01932970
Source
7s
Added: Jun 25 Updated: Jul 21 at 12:58PM Checked: Jul 21 at 12:58PM
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 eXp Commercial | California
Investment Insights
Based on property information with market context.
1215 Neola Street is an Eagle Rock income property built in 1912 with a total building area of 3,618 SF. Per City records, it is configured as a three-unit asset, including a front six-bedroom/two-bath single-family residence and two rear conforming one-bedroom/one-bath units. The front residence is currently operated as two separate income streams, consisting of a three-bedroom/two-bath main floor and a three-bedroom/two-bath upper unit, each with its own kitchen, separate entrance, and independent utilities. The property includes a basement, along with additional square footage that may offer expansion potential, subject to City of Los Angeles verification and approval.
The property sits on a 7,000 SF parcel zoned R1-1 and is currently 100% occupied. Buyers should independently verify permit history, legal unit status, and any applicable ADU or JADU legalization pathways with the City of Los Angeles Department of Building and Safety prior to close. The building was renovated in 2025.
The property sits on a 7,000 SF parcel zoned R1-1 and is currently 100% occupied. Buyers should independently verify permit history, legal unit status, and any applicable ADU or JADU legalization pathways with the City of Los Angeles Department of Building and Safety prior to close. The building was renovated in 2025.
Key Highlights
- Income property on a 7,000 SF R1‑1 zoned parcel in Los Angeles, built in 1912
- 3,618 SF total building area configured per City records as a three‑unit asset (front single‑family plus two rear one‑bedroom units)
- Front residence currently generates two income streams: main floor 3BD/2BA and upper 3BD/2BA with its own kitchen, separate entrance, and independent utilities
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - R1-1 zoned income property with 3,618 SF building area and 100% occupancy.
Where is this quadplex located?
The property is located at 1215 Neola St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Income property on a 7,000 SF R1‑1 zoned parcel in Los Angeles, built in 1912; 3,618 SF total building area configured per City records as a three‑unit asset (front single‑family plus two rear one‑bedroom units); Front residence currently generates two income streams: main floor 3BD/2BA and upper 3BD/2BA with its own kitchen, separate entrance, and independent utilities
