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    New Fourplex Near USC
    Updated: May 14
    New Fourplex Near USC

    1200 W 38th St, Los Angeles, CA 90037

    $2,899,000
    5,755 sqft 0.12 AC lot
    Newly constructed fourplex in a prime Los Angeles location.
    Each unit features three bedrooms, each with a private bathroom.
    Delivered vacant, offering immediate flexibility in leasing strategies.
    Includes six on‑site parking spaces.
    Potential to add a fourth bedroom to each unit, increasing rental income.
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    This listing looks promising.

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    1200 W 38th St, Los Angeles, CA 90037

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $96K
      Annual

    • Price @ 7% Cap

      $1.37M
      Suggested

    • Property Type

      Single Family Residence
      Built 1905
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    New Fourplex with Rooftop Deck
    Updated: Jul 7
    New Fourplex with Rooftop Deck

    1151 S Ardmore Ave, Los Angeles, CA 90006

    $2,999,999
    6,206 sqft 0.14 AC lot
    2024 brand‑new construction fourplex with 4 units, each 4 BD/4 BA, sized approx. 1,523–1,580 SF
    100% fully leased; reported 6.45% cap rate, $240,000 yearly gross income, $20,000 monthly gross income, and 12.49 GRM
    Central heating and Central Air in all units; washer and dryer included in each unit
    Each unit has separate utility metering plus balconies; included finishes include stainless steel appliances and quartz white countertops
    Property includes 8 parking spaces, a motorized gate, and a rooftop deck with solar panels
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    Fully Occupied Quadplex For Sale
    Fully Occupied Quadplex For Sale

    1335-1337 E Adams, Los Angeles, CA 90011

    $2,100,000
    4,266 sqft 0.15 AC lot

    A fully occupied quadplex for sale with drive-by viewing only until an offer is accepted.

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    Modernized Fourplex with Parking
    Modernized Fourplex with Parking

    2156 City View Ave, Los Angeles, CA 90033

    $1,250,000
    5,986 sqft 0.17 AC lot

    Four income units with in-unit laundry, separately metered utilities, plus a detached three-space garage and 8 additional stalls.

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    Gated Four-Unit Residential Income
    Gated Four-Unit Residential Income

    218 E 51ST ST, Los Angeles, CA 90011

    $750,000
    2,867 sqft 0.23 AC lot

    Two two-unit buildings with assigned back parking and gated access; one unit vacant and others long-term tenants.

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    Fully Entitled Affordable Apartment Project
    Fully Entitled Affordable Apartment Project

    6526 Brynhurst Ave, Los Angeles, CA 90043

    $2,099,999
    32,252 sqft 0.26 AC lot

    Entitled, RTI-ready apartment development for 64 units in a Type V four-story, fully stacked design.

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    Modern Fourplex with Balconies
    Modern Fourplex with Balconies

    1805 S New England St, Los Angeles, CA 90006

    $2,875,000
    7,719 sqft 0.15 AC lot

    Built in 2020–2021 and delivered fully vacant, featuring four spacious 5-bedroom layouts with separate utility meters.

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    Renovated Residential Income Property
    Renovated Residential Income Property

    6157 Mesa Ave, Los Angeles, CA 90042

    $1,595,000
    2,426 sqft 0.23 AC lot

    Renovated multi-unit property featuring in-unit laundry, updated kitchens, and a freestanding rear structure with remodeled units.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    2331 4th Ave, Los Angeles, CA 90018

    $1,250,000
    4,210 sqft 0.17 AC lot

    Four 1-bedroom units with den are positioned on an LARD2 lot with minutes-from-10-Freeway access.

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    West Adams Multifamily Investment Opportunity
    West Adams Multifamily Investment Opportunity

    2522 S Dunsmuir Ave, Los Angeles, CA 90016

    $1,949,000
    4,970 sqft 0.14 AC lot

    Four-unit residential building in West Adams with development potential.

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    Turnkey Fourplex With Detached Garage
    Turnkey Fourplex With Detached Garage

    1206 3rd Ave, Los Angeles, CA 90019

    $1,449,000
    4,908 sqft 0.18 AC lot

    Mediterranean-style fourplex with updated electrical and copper plumbing, featuring a four-car detached garage and three vacant units.

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    Redevelopment Opportunity with Approved Plans
    Redevelopment Opportunity with Approved Plans

    350 N Hayworth Ave, Los Angeles, CA 90048

    $2,495,000
    5,070 sqft 0.17 AC lot

    Fire-damaged 4-unit building is slated for demolition on a 7,526-sq.-ft. LAR4-zoned, SB-8-exempt lot in Beverly Grove.

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    Four-Unit Multifamily Compound
    Four-Unit Multifamily Compound

    2592 N Beachwood Dr, Los Angeles, CA 90068

    $1,995,000
    2,437 sqft 0.79 AC lot

    Four units on nearly 35,000 square feet across multiple APNs, including two duplexes and a guest house with remodeled interiors and patios.

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    Quadplex With Courtyard Front Unit
    Quadplex With Courtyard Front Unit

    6512 Olympic Blvd., Los Angeles, CA 90048

    $2,300,000
    5,300 sqft

    Four townhome-style units with covered garage parking and period details, including a front gated courtyard unit.

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    Fourplex with ADU and Garages
    Fourplex with ADU and Garages

    120 N Orlando Ave, Los Angeles, CA 90048

    $2,450,000
    4,788 sqft 0.15 AC lot

    Fourplex plus a brand-new rear ADU above four freestanding garages, offered with redevelopment potential under LAR3/TOC Tier 2.

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    Remodeled 4-Unit Residential Property
    Remodeled 4-Unit Residential Property

    1129 S Citrus Ave, Los Angeles, CA 90019

    $2,299,999
    4,371 sqft 0.15 AC lot

    Turnkey four-unit asset with updated interiors, including in-unit washer and dryer, offering flexible on-site living and rentals.

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    Brand-New 2026 Fourplex
    Brand-New 2026 Fourplex

    2847 S Victoria Ave, Los Angeles, CA 90016

    $2,995,000
    6,339 sqft

    Newly built fourplex with multiple townhome-style units, separately metered utilities, and a builder warranty.

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    Los Angeles Multifamily Investment Opportunity
    Los Angeles Multifamily Investment Opportunity

    664 S Cloverdale Ave, Los Angeles, CA 90036

    $1,995,000
    5,536 sqft 0.15 AC lot

    Rare multifamily property in Miracle Mile with development potential.

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    New Four-Unit Multifamily Building
    New Four-Unit Multifamily Building

    137 East 119th Street, Los Angeles, CA 90061

    $2,425,000
    7,890 sqft

    Newly constructed, non-rent-controlled four-unit property delivered 100% vacant in South Los Angeles.

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    Quadplex with Rear Units
    Quadplex with Rear Units

    4727 Oakwood Avenue, Los Angeles, CA 90004

    $2,200,000
    3,024 sqft 0.17 AC lot

    For-sale quadplex featuring a 3-bed, 2-bath home and three rear units under LAR3 zoning.

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    Newly Built Four-Unit Residential Income
    Newly Built Four-Unit Residential Income

    1041 W Leighton AVE Unit: 4, Los Angeles, CA 90037

    $2,499,000
    6,000 sqft 0.16 AC lot

    New construction four-unit property with a spacious garage and long driveway, totaling 12 bedrooms and five dens.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    38 Horizon Ave, Venice, CA 90291

    $1,647,500
    2,608 sqft 0.06 AC lot

    Configured as one 3-bed/2-bath upper unit plus a 2-bed/1-bath unit and two guest rooms.

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    Bungalow-Style 4-Unit Investment
    Bungalow-Style 4-Unit Investment

    4106 San Pedro Street, Los Angeles, CA 90011

    $650,000
    2,392 sqft

    Four separately metered units with rear gated parking for six and two roof replacements completed in 2024.

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    Fully Renovated Fourplex with In-Unit Laundry
    Fully Renovated Fourplex with In-Unit Laundry

    801 N Alexandria Ave, Los Angeles, CA 90029

    $1,799,000
    3,896 sqft 0.12 AC lot

    Four upgraded units feature in-unit washer and dryer, helping support hands-on-light residential income ownership.

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    Lake Balboa, CA Quadplexes Market Trends and Statistics

    Explore 411 quadplexes for sale in Lake Balboa, CA, showcased through 411 active listings on our real estate platform. These investment opportunities span a total of 594,612 square feet of properties for sale, with an estimated market value of $586,684,770.

    Sale prices for four-unit buildings in Lake Balboa, CA start at $425,000, averaging $1,616,211, and reaching up to $5,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Quadplexes 1

    Demographics Overview

    Population 53K
    Population Growth (5Y) -4.6%
    Median Household Income $76,653
    College Educated 39.5%

    High-Yield Neighborhoods for Investment

    Identify Lake Balboa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Van Nuys - 91406 $2.6M

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

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    Most Searched ZIP Codes in Lake Balboa, CA

    • 90011
    • 90019
    • 90006
    • 90033
    • 90731
    • 90016
    • 90044
    • 90062
    • 90003
    • 90026
    • 90037
    • 90291

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