Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq… Read More ft), providing a diversified rental profile. Total current gross income of $6,775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining original units. Commercial zoning offers potential future redevelopment opportunities (buyer to verify with City). Centrally located in a high-demand rental area with convenient access to freeways, public transit, and local amenities. Ideal for investors seeking a blend of stabilized income, new construction, and upside potential. Do not disturb tenants. Read Less
Listing Snapshot
Days Online
18
Last Updated
Lot Size
0.06 Acres
Year Built
1936
MLS Number
260011513SD
Additional Details
Building
Built in 1936, 3 buildings, 1 storey, Levels: One
Community
Park Name: Teralta
Cooling
HeatPump
Fence
Partial
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $81,300, Net Operating Income: $71,206
Lot
0.0593 acres
Roof
Composition, RolledHotMop
Taxes
Parcel Number: 4472801800, Zoning: COMMERCIAL
Tenant Pays
Electricity, Gas, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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