4451 Towne Avenue Los Angeles, CA
$ 849,000
Property Attributes
  • MLS#AR20056930
  • TypeIncome
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90011
  • Style
  • Price$ 849,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3672
  • Lot Size7,919 SqFt
Listing Provided Courtesy Of:
Lee Markus Alli with Exquisite Estates.
Property Description

Rare find! Huge property! Huge lot! 2 structures (House and triplex) This 4 unit compound consist of a 1,200 Sq.Ft. stand alone craftsman Single Family home in the front with 3 bedrooms & 2 baths. It has recent upgrades such as windows, tile floors, cabinets, granite kitchen counter and roof. Plus an additional 2-story triplex at the rear built in 1963, all with large 2 bedrooms & 1 bath each. Triplex also has new windows. All units have newer copper plumbing and drains. There is also a storage room onsite for you to install laundry in the future, or rent out to the tenants for additional income. Currently the landlord stores a few things in there. This property is perfect for the owner to live in the front and collect rent from the back. Or rent out all 4 for a solid monthly income of $4,544. Huge upside in rents for the savvy investor. Less than 2 miles from USC and Los Angeles Memorial Coliseum This investment will only grow into the future as Downtown L.A. continues to develop and expand. The triplex has 3 carports tucked under the building in the back: 1 parking space per unit. Between the two structures is 2 tandem parking for the front house. Front house also has a California basement which is good for additional storage. All 4 units are individually metered for gas and electric. Property has wrought iron fence/gates. ACT NOW before it's gone!

Price History
3/15/2020 Listed $899,000
8/6/2020 6% - $849,000

General Features

Attached Structure Attached
Community Features Sidewalks
Directions Off of Vernon
Garage Spaces 0.00
Listagentaor Arcadia
Listing Agent Lee Markus Alli - BRE#01167620
Listing Agent State License 01167620
MLS Area C34 - Los Angeles Southwest
Pool Features None
Price Per Square Foot 231.21
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
Zoning LAR2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 1 Common Wall
Laundry Features Inside
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 3672.00
Lot Features Front Yard
Lot Size Acres 0.1818
Lot Size Area 7920.0000
Lot Size Source Assessor
Lot Size Square Feet 7920.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Total Parking 0.00
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90011

AVG $910K
AVG 32
Year Built
AVG 1928
AVG 76
Data Provided by Walkscore ® not using MLS data

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