Los Angeles, CA 90011,1045 E 20th Street
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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$ 2,295,000
Est. payment /mo
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1045 E 20th Street Los Angeles, CA 90011

5,384 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 5,384 sqft

Price per Sqft $426

MLS Listing ID CRSB25252903

HOA Y/N No

Year Built 2021

Lot Size 6,000 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

NO RENT CONTROL AND FULLY VACANT AT CLOSING! Built in 2021, 1045 E 20th Street is ideal for any owner/user or investor looking for newly constructed 4Plex in the heart of Los Angeles. All units are 4-Bed 3-Bath units, ideal for families or co-living tenants. With each unit measuring at about 1,300 SF, the property sits on a 6,000 SF lot. The property is projected to generate $15,980 in monthly scheduled rent, translating to an attractive 6.07% cap rate and 11.97 GRM, making this an exceptional opportunity for investors seeking strong cash flow and a modern, low-maintenance asset. The property's central location and newer construction ensure long-term demand, stable returns, and minimal deferred maintenance for years to come. Located just minutes from Downtown Los Angeles, USC, and the Fashion District, the property offers residents convenient access to major employment centers, freeways, and public transit. With all units vacant, investors have the flexibility to lease at market rates or explore owner-occupancy options.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Gas Dryer Hookup, Laundry Closet, Laundry Room, Washer, Other, Inside


Bay East Association of Realtors
Silvano Barocio

Silvano Barocio

Team Lead | License ID: 02066373

+1(925) 255-3760

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1045 E 20th Street