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Four-Unit Residential Income Property
For Sale
$1,100,000
Pending

338 E 99th, Los Angeles, CA 90003

Four 2-bedroom units with gated rear parking and in-unit laundry facilities provide straightforward rental housing.

Days on Market49

Property Features for 338 E 99th

General Information

Standard status Pending
Total Parking Spaces 8
Property subtype Investment
Occupancy 75%

Additional Details

Business Included Yes
Multifamily Units 4

Building Details

Year Built 1965
Tenancy Multi
Listing Agency:
Listed By: Chalae Walker
Source: Elliman
Added: Jun 12 Changed: Jul 10 Last Checked: Jul 23 at 12:39PM

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 Chalae Walker

Investment Insights

Based on property information with market context.

The property is a four-unit residential income building with four 2-bedroom, 1-bathroom units. Each unit includes a stackable washer and dryer, plus a stove, microwave, and refrigerator. The site offers gated rear parking with one designated parking space per unit, supporting tenant convenience and day-to-day access.

The property is located in Los Angeles, CA, at 338 E 99th. Public remarks indicate the area is convenient to schools, shopping, public transportation, and major transportation corridors.

This is a practical fit for an investor seeking a small multifamily asset with four independently equipped units and assigned parking. Three units are currently generating rental income, and the buyer should confirm all financials, unit details, and condition items during due diligence, including rents, expenses, square footage, permits, zoning, and property condition.

Key Highlights

  • Four‑unit property built in 1965 in Los Angeles
  • Unit mix: four 2‑bedroom, 1‑bath units
  • Gated rear parking with one designated parking space per unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

Demographics for 90003, CA

72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four 2-bedroom units with gated rear parking and in-unit laundry facilities provide straightforward rental housing.
Where is this quadplex located?
The property is located at 338 E 99th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four‑unit property built in 1965 in Los Angeles; Unit mix: four 2‑bedroom, 1‑bath units; Gated rear parking with one designated parking space per unit
More about this property
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