El Sereno (621) Homes with Quadruplex Subtype

Welcome to El Sereno, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural tapestry and diverse community, El Sereno offers residents the perfect blend of urban convenience and suburban charm. With its picturesque hills and stunning views of the San Gabriel Mountains, this area is a hidden gem that’s quickly gaining popularity among homebuyers and investors alike.

El Sereno is characterized by its unique architecture and variety of housing options, including the increasingly sought-after quadruplex homes. These multifamily properties are perfect for those looking to invest in real estate while enjoying the benefits of rental income. With four separate units, quadruplexes in El Sereno provide an excellent opportunity for both first-time investors and seasoned landlords. Imagine living in one unit while renting out the others, creating a sustainable income stream that can help cover your mortgage and living expenses.

The neighborhood is also conveniently located near major transportation routes, making it easy to access downtown Los Angeles and other key areas of the city. Residents enjoy a plethora of local amenities, including parks, shops, and dining options that reflect the area’s eclectic spirit. The community is known for its friendly atmosphere, making it an ideal place for families and individuals alike.

Whether you’re looking to invest or find a new home, El Sereno’s quadruplex options offer an exciting opportunity to be part of a flourishing community. Discover the charm and potential that this unique neighborhood has to offer!

Newest El Sereno (621) Homes with Quadruplex Subtype

$1,350,000

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

$899,000

WS25106120 MLS ⋅ Active Status

Exceptional Investment Opportunity in University Hills, El Sereno. Situated in the rapidly growing neighborhood of El Sereno, this well-maintained two-story 4-plex presents an outstanding opportunity for investors or owner-occupants alike. The property consists of four thoughtfully laid-out units—two on the ground floor and two upstairs. The unit mix includes: Units One and Two both has 1 bedroom, 1 bathroom. Unit Three has 2 bedrooms, 2 bathrooms in 2 separate spaces that are equipped with individual kitchens, adding flexibility and value to the property. Unit Four has 2 bedrooms, 1 bathroom. It has been recently renovated, featuring fresh paint, a brand-new bathroom, an updated kitchen with new cabinets, granite countertops, and in-unit laundry hook ups. Move-in ready. The building is approximately 3,261 sq ft on a 4,500 sq ft lot and offers six on-site parking spaces. Ideally located less than 20 minutes from Downtown Los Angeles and within proximity to Cal State LA, Alhambra, Pasadena, San Gabriel, Arcadia, and scenic Ascot Hills with stunning views from Downtown to Hollywood. Residents will enjoy nearby restaurants, public transportation, and easy access to major freeways including the 10 and 710. Don’t miss your chance to own a versatile and income-generating multi-family property in a vibrant and up-and-coming neighborhood—perfect for both living and long-term investment.

5150 Valley Boulevard, 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.