El Sereno (621) Homes with Quadruplex Subtype

**Discover El Sereno: A Hidden Gem in Los Angeles**

Nestled in the vibrant heart of Los Angeles, El Sereno is a charming neighborhood that offers a unique blend of urban living and suburban tranquility. Known for its rich cultural diversity and strong community spirit, El Sereno is a place where families and individuals alike can find their ideal home. With its picturesque streets lined with mature trees and a variety of local shops and eateries, this area is not just a place to live; it’s a place to thrive.

One of the standout features of El Sereno is its diverse housing options, including the increasingly popular quadruplex homes. These multi-family residences are perfect for those looking to invest in real estate while enjoying the benefits of communal living. Quadruplexes in El Sereno offer a fantastic opportunity for homebuyers and investors alike, providing spacious living arrangements that can accommodate multiple families or serve as rental units. With the rising demand for housing in Los Angeles, owning a quadruplex here can be both a smart financial decision and a chance to become part of a close-knit community.

Residents of El Sereno enjoy easy access to major highways and public transportation, making commutes to downtown LA a breeze. The neighborhood is also home to several parks and recreational areas, perfect for outdoor enthusiasts and families. Whether you’re looking for a cozy home or a savvy investment, El Sereno’s quadruplex options offer a wonderful opportunity to experience the best of Los Angeles living. Come explore the charm and potential of El Sereno—your dream home awaits!

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.