El Sereno (621) Homes with Quadruplex Subtype

Welcome to El Sereno, a vibrant and diverse neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural tapestry and stunning hillside views, El Sereno offers residents a unique blend of urban convenience and suburban charm. With its close proximity to downtown Los Angeles, this community is perfect for those seeking easy access to a bustling city life while enjoying the tranquility of a tight-knit neighborhood.

El Sereno is characterized by its eclectic mix of architecture, where charming single-family homes sit alongside modern developments. Among these, the quadruplex homes stand out as a fantastic investment opportunity. These properties typically feature four separate living units, making them ideal for multi-generational families or savvy investors looking to capitalize on rental income. The quadruplex subtypes cater to a variety of lifestyles, offering flexibility and comfort in one package.

The neighborhood is not just about homes; it boasts lush parks, excellent schools, and a variety of local eateries that reflect the area's cultural diversity. Residents can enjoy outdoor activities at nearby parks like El Sereno Recreation Center, which features sports facilities and picnic areas. The community is also well-connected by public transportation, making commuting a breeze.

In El Sereno, you'll find a welcoming atmosphere where neighbors become friends and every corner has its own story. Whether you're looking to invest in a quadruplex or seeking a place to call home, El Sereno promises a lifestyle that’s as dynamic as it is inviting. Come discover the charm of this hidden gem in Los Angeles!

Newest El Sereno (621) Homes with Quadruplex Subtype

$888,000

SB26189430 MLS ⋅ Active Under Contract Status

Property Description A unique four-unit opportunity in El Sereno, tucked along a palm tree-lined cul-de-sac surrounded by traditional homes. Offering approximately 4,000 square feet of total living space on a 7,127-square-foot lot, the property consists of one three-bedroom residence and three two-bedroom units, with dedicated parking for each unit. The front three-bedroom residence is vacant and move-in ready, offering approximately 1,120 square feet with fresh designer paint, new flooring, a beautifully updated kitchen with quartz countertops, double-pane windows, and in-unit washer/dryer hookups. Completely separate from the other three units with no shared walls, it also enjoys its own gated entrance and a generous fenced front yard, creating a wonderful sense of privacy. The three additional residences each feature two bedrooms and one bathroom, providing an established income-producing component to the property. Extensive improvements have also been made throughout the property, including a new roof, updated copper plumbing, new gas piping, an updated drainage system, new pillar supports, and freshly painted stucco. Additional features include four covered parking spaces, four dedicated storage units, and convenient rear-alley access. Beyond the property itself, El Sereno is a well-established Northeast Los Angeles neighborhood experiencing a renewed period of growth and community investment, with an emerging mix of community-focused gathering places, small businesses, and local venues adding new energy to the area while maintaining its longstanding residential character. Neighboring South Pasadena and Alhambra, El Sereno also provides convenient access to surrounding communities. For those who enjoy the outdoors, recreational opportunities are nearby at Ascot Hills Park, Ernest E. Debs Regional Park, and Elephant Hill Open Space, offering hiking and open-space experiences within the surrounding Northeast Los Angeles area. With four residences, approximately 4,000 square feet of living space, substantial property improvements, dedicated parking and storage, outdoor space, and an updated vacant three-bedroom front residence, this is a distinctive opportunity to own a multi-unit property in one of Northeast Los Angeles' established residential communities.

3910 Drysdale Avenue, Los Angeles

$888,000

9 Beds ⋅ 4 Baths ⋅ SB26189249 MLS ⋅ Active Under Contract Status

A unique four-unit opportunity in El Sereno, tucked along a palm tree-lined cul-de-sac surrounded by traditional homes. Offering approximately 4,000 square feet of total living space on a 7,127-square-foot lot, the property consists of one three-bedroom residence and three two-bedroom units, with dedicated parking for each unit. The front three-bedroom residence is vacant and move-in ready, offering approximately 1,120 square feet with fresh designer paint, new flooring, a beautifully updated kitchen with quartz countertops, double-pane windows, and in-unit washer/dryer hookups. Completely separate from the other three units with no shared walls, it also enjoys its own gated entrance and a generous fenced front yard, creating a wonderful sense of privacy. The three additional residences each feature two bedrooms and one bathroom, providing an established income-producing component to the property. Extensive improvements have also been made throughout the property, including a new roof, updated copper plumbing, new gas piping, an updated drainage system, new pillar supports, and freshly painted stucco. Additional features include four covered parking spaces, four dedicated storage units, and convenient rear-alley access. Beyond the property itself, El Sereno is a well-established Northeast Los Angeles neighborhood experiencing a renewed period of growth and community investment, with an emerging mix of community-focused gathering places, small businesses, and local venues adding new energy to the area while maintaining its longstanding residential character. Neighboring South Pasadena and Alhambra, El Sereno also provides convenient access to surrounding communities. For those who enjoy the outdoors, recreational opportunities are nearby at Ascot Hills Park, Ernest E. Debs Regional Park, and Elephant Hill Open Space, offering hiking and open-space experiences within the surrounding Northeast Los Angeles area. With four residences, approximately 4,000 square feet of living space, substantial property improvements, dedicated parking and storage, outdoor space, and an updated vacant three-bedroom front residence, this is a distinctive opportunity to own a multi-unit property in one of Northeast Los Angeles' established residential communities.

3910 Drysdale Avenue, Los Angeles

$1,299,000

PW26156976 MLS ⋅ Active Status

This turnkey four-unit income property presents an outstanding investment opportunity, featuring a beautifully remodeled Unit 2 with a modern, high-end aesthetic and a newly constructed ADU with its own private entrance. The spacious unit mix offers strong tenant appeal while providing excellent long-term income potential. Ideally located near Cal State LA and with convenient access to Downtown Los Angeles and other major employment and lifestyle destinations, the property benefits from consistent rental demand. With projected rental increases, investors have the opportunity to achieve an estimated 5.1% capitalization rate, making this an attractive option for both long-term investors seeking stable cash flow and owner-occupants looking to offset ownership costs with rental income. Current Rents (Total: $7,619.43/month) Unit 1: 3 Bed / 2 Bath - $1,609.81 Unit 2: 2 Bed / 2 Bath - $2,250 Unit 3: 2 Bed / 2 Bath - $1,259.62 Unit 4 (ADU): 2 Bed / 2 Bath - $2,500 Current Financials: Annual Net Income: $69,928.57 Net Operating Income (NOI): $69,928.57 Annual Operating Expense: $21,504.59 Gross Rent Multiplier (GRM): 14.76% Capitalization Rate (Cap Rate): 5.18%

5150 Ithaca, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.