3916 Wisconsin Street

Los Angeles, CA 90037

$1,135,000

List Price

4

bed Beds

4

shower Baths

2,776 sqft

straighten / sqft

1914

calendar_month Built

Property Description

Welcome to this charming Spanish architectural fourplex, just 3 blocks away from USC, Exposition Park, the New Lucas Museum, The Coliseum, and the BMO Stadium. This well-maintained building offers two lower and two upper, single-level homes with spacious living spaces and private laundry rooms. Each unit is a 1 bedroom and 1 bath and can easily be converted in a two bedroom/ 2bath unit because of how large the units are. Each unit receives plenty of natural light and fresh air with front and back entrances. There are limited common walls which add to the privacy and reduced noise transfer. Parking is never an issue. Each unit is separately metered for gas and electricity. This fourplex/five-unit building presents an exciting opportunity to increase rents and add value. With some updates already completed, there is room for further improvements to attract higher-paying tenants and maximize rental income. There is an unpermitted ADU fully remodeled 2 bedrooms/1 bath in the back that is detached from the building and brings in high rent. The neighborhood's popularity among students and its proximity to USC make this fourplex/five unit building an ideal investment. Additionally, there is potential for development, as the property is located in a burgeoning neighborhood with the possibility of acquiring neighboring properties for expansion. With the area experiencing growth and revitalization, developers and investors will find this property appealing. Take advantage of the increasing demand for housing by exploring options such as adding units, converting existing units into larger living spaces, or other development possibilities. This property offers flexibility and potential for those looking to capitalize on the growing market as this property is located a block away from USC and the new museum. This is prime real estate and will not last long on the market. 2 units will be delivered vacant.

Listing Information

List Price $1,135,000
Status Active
MLS 24459999
Type Residential Income
Year Built 1914
Lot Size 6,782
Structure Size 2,776
DOM 30
Courtesy Of Chase Skye Realty Group
Listing Agent Yonnine Hawkins DRE#01715650

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 4
Flooring Information
Material Wood
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Structures Guest House

Maps

Listing information courtesy of: Yonnine Hawkins, Chase Skye Realty Group 323-252-1655. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 3:29 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.