664 S Ford Boulevard, Los Angeles, CA 90022

$1,050,000

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List Price
$1,050,000
Status
ACTIVE
Days on Market
120
MLS#
219149059DA
Subtype
Residential Income
Year Built
1971
Lot Size
6,714
Acres
0.15
Subdivision
Not Applicable-1
Neighborhood
Not Applicable-1
MLS Area Major
East Los Angeles (ELA)

Property Description

64 S Ford Blvd, East Los Angeles | 4-Unit InvestmentOn the market for the first time since 1971. Opportunities like this don't come around often -- a well-maintained, fully occupied fourplex held by the same owner for over five decades, now available to the next investor.The numbers:Four spacious 2-bedroom, 2-bath units100% occupied -- zero vacanciesThis is a true turnkey income property. All four units are rented and have been consistently maintained throughout the ownership. Day-one cash flow with built-in upside as rents are brought toward current market over time.Location is the headline. Set in the heart of East Los Angeles, this property sits in one of LA's most rental-resilient corridors -- densely populated, transit-rich, and steps from the Metro, major commuter routes, shopping, dining, and employment centers. East LA College, Cal State LA, and USC Health Sciences are all within easy reach, feeding consistent rental demand. This is the kind of location that stays rented in any market.Important details for buyers:Drive-by viewing only -- do NOT disturb tenantsOffers subject to inspectionSeller will work with a 1031 exchange -- ideal for investors repositioning gainsWhether you're building a portfolio, completing a 1031, or seeking stable cash flow in a proven rental market, 664 S Ford checks the boxes that matter. Properties this tightly held rarely surface -- and when they do, they don't last.

Additional Information

Flooring
Carpet
Heating
Wall Furnace
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Roof
Shingle
Parking Features
Assigned, Detached Carport, On Street

Listing courtesy of Listing Agent: Stephen Powell (spowellbpo@yahoo.com) from Listing Office: Epique Realty.

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Calculator source: Real Geeks

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.