Four-Unit Quadplex with Gated
New
For Sale
$1,175,000
1612 Pennsylvania Ave, Los Angeles, CA 90033
Four residential units include a detached cottage, a den-equipped layout, and onsite garage parking.
Property Size3,387 SF
Lot Size0.17 Acres
Days on Market3
Property Features for 1612 Pennsylvania Ave
General Information
Standard status
Active
Size
3,387 SF
Net Rentable
3,385 SF
Lot size
0.17 Acres
Property subtype
Investment
Financials
Cap Rate
6.28%
Gross Rent Multiplier
11.57
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA cottage, 1 x 2BR/2BA with den, 2 x 2BR/1BA
Multifamily Units
4
Amenities
gated entry
garage parking
Building Details
Building Size
3,387 SF
Year Built
1972
Stories
1
Units
4
Listing Agency:
(626) 427-0786
Listed By:
Kristopher German · License #01800021
(626) 427-0786
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 5:19PM
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 Kristopher German
Investment Insights
Based on property information with market context.
This 1972-built quadplex contains approximately 3,385 rentable square feet on a 7,486 sq. ft. lot. The unit mix comprises a detached single-story 2-Bedroom/1-Bath cottage, one 2-Bedroom/2-Bath residence with a den, and two 2-Bedroom/1-Bath units. Gated entry and onsite garage parking serve the property. Three of the four units are scheduled for delivery vacant, while tenants pay electricity, gas, trash, and water. The property is reported at a 6.28% CAP Rate and 11.57 GRM.
Located at 1612 Pennsylvania Ave in Los Angeles, the quadplex is near the I-10, I-5, and 101 Freeways. The surrounding access connects with Downtown Los Angeles, employment centers, shopping, dining, and public transportation. Walk Score is 91, Bike Score is 68, and Transit Score is 73.
The standalone garage may offer potential for ADU conversion, subject to buyer verification.
Located at 1612 Pennsylvania Ave in Los Angeles, the quadplex is near the I-10, I-5, and 101 Freeways. The surrounding access connects with Downtown Los Angeles, employment centers, shopping, dining, and public transportation. Walk Score is 91, Bike Score is 68, and Transit Score is 73.
The standalone garage may offer potential for ADU conversion, subject to buyer verification.
Key Highlights
- 4‑unit quadplex with approximately 3,385 rentable square feet
- Unit mix includes one detached 2‑Bedroom/1‑Bath cottage, one 2‑Bedroom/2‑Bath unit with den, and two 2‑Bedroom/1‑Bath units
- Three of the four units to be delivered vacant
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,876
Businesses Nearby
Explore this area
Business Placement
Demographics for 90033, CA
46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units include a detached cottage, a den-equipped layout, and onsite garage parking.
Where is this quadplex located?
The property is located at 1612 Pennsylvania Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 4‑unit quadplex with approximately 3,385 rentable square feet; Unit mix includes one detached 2‑Bedroom/1‑Bath cottage, one 2‑Bedroom/2‑Bath unit with den, and two 2‑Bedroom/1‑Bath units; Three of the four units to be delivered vacant
