Property
Los Angeles, CA, 90025
$1,188,000
Original list price: $1,375,000
MLS: 26993585
Beds
5
Baths
4
Sq Ft
2,480
Lot
0.14 ac
Year Built
1953
MLS #
26993585
Days on Market
21
Listed
Sep 27, 2026
Description
**CASH/HARD MONEY OFFERS ONLY** Perhaps the BEST VALUE ADD opportunity on the entire Westside and priced BELOW land value for a speedy sale! First time on the market since 1962, this quadruplex measuring 2,480 square feet (per assessor) on a large 6,157 square foot (44x140' per assessor) RD1.5-zoned lot in Sawtelle Japantown brims with pride-of-ownership and the residences feature desirable details like Oak hardwood floors, thoughtful floorplans with "wedding cake" crown moldings, art deco eat-in kitchens featuring metal trimmed counters and curvaceous plaster walls, individual water heaters, and ample natural light. Consisting of two (2) separate structures not subject to seismic retrofitting (per LADBS), the front building is composed of three (3) 1+1s, while the rear building affords one (1) 2+1 above two (2) double car garages with aluminum doors off the rear alley which could be transformed into income producing ADUs (buyer to verify). Building amenities include a secured entry with controlled access, community courtyard, shared laundry room with coin operated machines generating approximately $150/month, and separate electric and gas meters. Priced at only $479.03/square foot and at $297,000/unit with approximately 75% upside in rents, this unique offering is a wonderful 1031 exchange option for investors or for developers who want a primo North of Olympic locale where market rents for new 1 bedroom units average $3500/month and brand new townhomes sell north of $1.8m. Beautifully positioned between Stoner Park, the Expo rail station at Bundy & Olympic, Sawtelle Japantown's trendy shopping and dining district, Santa Monica, Brentwood, and Westwood. Subject to LAHD rent control, all units will be delivered with tenants in place (no vacancies) and seller cannot and will not deliver any vacant units or ask tenants to vacate or ask about cash for keys or carryback paper - no exceptions. Please DO NOT DISTURB occupants or walk property. Sold "as-is" without credits or repairs. Add this true legacy property superbly situated in one of West LA's ultra prime submarkets to your portfolio before it's gone for good!
Location
Los Angeles, Los Angeles County, CA 90025
Open on Google Maps ↗Listed by: Eric Akutagawa · Compass
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
$9,328
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $118,800 · Loan: $1,069,200
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,345
- Property tax (1.25%)
- $1,238
- Homeowners insurance
- $300
- Mortgage insurance
- $446
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 $41,580 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
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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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