1409 Courtland Avenue, Los Angeles, CA 90006

$1,250,000

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List Price
$1,250,000
Status
ACTIVE
MLS#
IV26182467
Year Built
1923
Lot Size
6,840
Acres
0.16
Lot Location
Level, Street Level
Days on Market
3
Property Type
Multifamily
Style
Mediterranean
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Welcome to a rare opportunity to own a classic 1923 four-unit quadruplex in the heart of historic Pico-Union. This well-proportioned multi-family residence offers approximately 4,590 square feet of living space with a total of eight bedrooms and four bathrooms, ideally configured for strong rental income or flexible owner-user potential. Each unit is 2 bed and 1 bath, each with their own gas and electric meter. Set on a generous 6,840-square-foot lot, perfect for parking. The property features a detached 4 door garage, great for additional storage, and spacious courtyard. Just west of Downtown Los Angeles and within easy reach of the University of Southern California’s University Park Campus, 1409 Courtland places tenants and residents at the center of one of the city’s most dynamic corridors. USC students, faculty, and staff create consistent rental demand, while Downtown’s employment centers, creative offices, and professional hubs are only minutes away. Entertainment and culture surround you: LA Live, Crypto Arena, the Convention Center, and Exposition Park’s museums and venues are all nearby. Excellent freeway access (I-10 and SR-110), strong walkability, and convenient transit further enhance everyday livability.The neighborhood itself adds lasting appeal. Nestled in the historic Pico-Union / Alvarado Terrace area. This property benefits from architectural character and a sense of place that newer construction simply cannot replicate. The combination of central location, multi-unit income potential, and historic integrity makes this a compelling long-term hold in a tightly held pocket of Los Angeles. Whether you are seeking a solid income-producing asset with proximity to USC and Downtown, or a property with room to add value through thoughtful updates, 1409 Courtland Avenue stands out. This is a classic Los Angeles quadruplex in a location that continues to attract strong demand. The property will be sold-as-is.

Additional Information

Other Buildings
Storage
Pool Description
None
Heat
Fireplace(s)
Cooling Description
None
View
None
Exterior Construction
Plaster
Roof
Flat
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$66,756
Operating Expense
4800

Listing courtesy of Listing Agent: JOSE RAMIREZ (jramirezrealty@gmail.com) from Listing Office: PLATINUM EMPIRE REAL ESTATE.

Mortgage Calculator

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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.