$2,275,000

Estimated payment $14,265/month

Total Views 155
12 Beds
10 Baths
5,187 Sq Ft
$439 Price per Sq Ft

Highlights

  • No HOA
  • Double Pane Windows
  • Laundry Room
  • 5 Car Direct Access Garage
  • Solar owned by seller
  • Tankless Water Heater

About This Home

Discover an exceptional investment opportunity with this newly constructed four-unit property, elegantly designed across two modern buildings completed in 2023. Each spacious unit boasts approximately 1,300 square feet of living space with 3 Bedrooms and 2+ Baths, complemented by the convenience of attached garages and dedicated interior laundry rooms. Tenants will enjoy year-round comfort with central heating and air conditioning, while the separate electric, gas, and water meters ensure ease of management for each unit. Additionally, the inclusion of owned solar systems enhances energy efficiency and sustainability. With the property being non-rent controlled and requiring low maintenance, it presents a remarkable potential for significant upside growth. Don't miss out on this delightful chance to invest in a promising asset!
Unit addresses are: 630, 630 1/2, 632 and 632 1/2 West 9th St Los Angeles.

Listing Agent

COLETTE LEECH

KELLER WILLIAMS REALTY Brokerage Email: coletteleech@gmail.com License #00899555 Listed on: 11/12/2025

KELLER WILLIAMS REALTY

Co-Listing Agent

Dan Leech

KELLER WILLIAMS REALTY Brokerage Email: coletteleech@gmail.com License #01716779

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Lot Details

  • 7,650 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Direct Access Garage
  • 4 Open Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,187 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Entryway
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Upper Level Bedrooms
  • 10 Bathrooms

Eco-Friendly Details

  • Solar owned by seller

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 361
  • Assessor Parcel Number 6032027026
  • $337 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $3,041
  • Other Expense $2,400
  • Professional Management Expense $7,488
  • New Taxes Expense $27,471
  • Operating Expense $41,420
  • Gross Income $144,600
  • Net Operating Income $83,079

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Lot Details

0

Parking

5

Listing Details

  • CapRate: 7.20
  • Professional Management Expense: 7488.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 6032027026
  • Year Built: 2023
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 438.60
  • Room Type: All Bedrooms Up, Entry, Laundry, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 5.00
  • Parking Features: Direct Garage Access, Street
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Tankless Water Heater
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7650.00
  • Lot Size Acres: 0.1756

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 144600.00
  • Gross Multiplier: 13.73
  • Gross Operating Income: 125700.00
  • Gross Scheduled Income: 167400.00
  • Insurance Expense: 3041.00
  • Lot Size Area: 7650.0000 Square Feet
  • Net Operating Income: 83079.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 42621.00
  • Other Expense: 2400.00
  • Other Expense Description: repairs
  • Rent Control: No
  • Total Expenses: 41420.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 27471.00
  • Tax Lot: 361
  • Tax Tract Number: 00000
  • TaxOtherAnnualAssessmentAmount: 337.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 For Sale $2,275,000 -- $439 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25259038

California Regional Multiple Listing Service (CRMLS)