Four-Unit Residential Income
For Sale
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3505 Marguerite Street, Los Angeles, CA 90065
Compound includes two permitted units plus two un-permitted non-conforming units on a 9,810 SF sloped lot.
Property SizeContact for details
Days on Market122
Property Features for 3505 Marguerite Street
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Kenny Stevens Team
(310) 230-5478
Listed By:
Andrew Wilkey · License #CA 01998185
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 1:02AM
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 Kenny Stevens Team
Investment Insights
Based on property information with market context.
3505 Marguerite Street is a residential income compound built in 1925 comprising two legal (permitted) units and two un-permitted non-conforming units that are currently occupied by rent-controlled tenants. The property is arranged as three separate structures: a front duplex, a middle bungalow, and a back house.
The front house collects $1,446 for the bottom unit, with the front upstairs unit vacant. The middle bungalow collects $1,500, and the back house collects $1,510. Front house and back house are described as legal units with permits, while the middle house and front upstairs units are described as un-permitted non-conforming units.
The parcel is zoned LARD2 and has 70 feet of frontage on a sloped 9,810 SF lot. The property is located in an opportunity zone, and the seller notes potential investor options including returning the property to legal fourplex status or pursuing other redevelopment approaches involving the non-conforming units.
The front house collects $1,446 for the bottom unit, with the front upstairs unit vacant. The middle bungalow collects $1,500, and the back house collects $1,510. Front house and back house are described as legal units with permits, while the middle house and front upstairs units are described as un-permitted non-conforming units.
The parcel is zoned LARD2 and has 70 feet of frontage on a sloped 9,810 SF lot. The property is located in an opportunity zone, and the seller notes potential investor options including returning the property to legal fourplex status or pursuing other redevelopment approaches involving the non-conforming units.
Key Highlights
- Compound at 3505 Marguerite St includes 2 legal permitted units plus 2 un‑permitted non‑conforming units on a 9,810 SF sloped parcel.
- Frontage is 70 ft; compound has three structures: front duplex, middle bungalow, and back house.
- Zoned LARD2 and located in an opportunity zone.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,031
Businesses Nearby
Explore this area
Business Placement
Demographics for 90065, CA
44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
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 - Compound includes two permitted units plus two un-permitted non-conforming units on a 9,810 SF sloped lot.
Where is this quadplex located?
The property is located at 3505 Marguerite Street Los Angeles, CA.
What are key features of this property?
This property features: Compound at 3505 Marguerite St includes 2 legal permitted units plus 2 un‑permitted non‑conforming units on a 9,810 SF sloped parcel.; Frontage is 70 ft; compound has three structures: front duplex, middle bungalow, and back house.; Zoned LARD2 and located in an opportunity zone.
