$1,395,000
Original list price: $1,595,000
MLS: 26985053
Beds
8
Baths
5
Sq Ft
3,728
Lot
0.11 ac
Year Built
—
MLS #
26985053
Days on Market
45
Listed
Sep 8, 2026
Description
Exceptional opportunity to acquire a fully vacant fourplex in the highly desirable West Adams neighborhood. The property features an attractive unit mix of three 2-bedroom/1-bath units and one 2-bedroom/2-bath unit, all recently renovated and ready for immediate occupancy. With all four units delivered vacant, a new owner has the opportunity to lease immediately at current market rents, establish their own tenant base, and maximize the property's income potential from day one. The recently renovated interiors provide a turnkey setup for an investor looking for a low-maintenance multifamily acquisition. Additional features include a rear patio and two separate two-car garages, offering a total of four garage parking spaces. Ideally situated in West Adams, this property combines strong rental potential, desirable unit sizes, ample parking, and a compelling value-add opportunity.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Ryan Manavi · Coldwell Banker Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$10,901
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,500 · Loan: $1,255,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,624
- Property tax (1.25%)
- $1,453
- Homeowners insurance
- $300
- Mortgage insurance
- $523
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $48,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90016 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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