5068 West 20th Street, Los Angeles, CA, 90016
5068 W 20th St
11 beds
5,826 Sq.Ft.
8,400 Sq.Ft. LOT

Prime mid-city! Trophy spanish 4-plex in beautifully remodeled condition.

Well-maintained Spanish Fourplex with great rents, further upside potential, and character details galore. 2 of 4 units are remodeled. 5,826 square feet interior on a spacious 8,400 square feet lot. Units are a mix of 2 and 3 bedroom units. Western two units fully renovated in 2017, and eastern 2 units have classic original details. Hardwood floors, new recessed LED lighting, tankless hot water heaters, new low-e vinyl windows, fully remodeled kitchens with quartz counters and stainless appliances, remodeled bathrooms with subway tile, walk-in showers and new vanities.

Stated rents are accurate. 2 Units are at market rent, and other 2 units have long-term stable tenants (Under market. Value-add opportunity. Original condition.). Building currently grosses $10,182 per month with an attractive Cap Rate of 5.15% (with further upside!) and a GRM of 14.73.

Hot rental market situated in Mid-City Heights with easy access to the restaurants, shops and cafes on Pico, Picfair Village, Highly Likely, Miracle Mile, LACMA, Kasier Permanente, Culver City Art District. Rare opportunity for a strong 4-plex in trendy neighborhood.

Showing on Tuesdays only. Please email us at jerryandrachelteam@gmail.com and visit the property’s custom website at here.


Key Details

Living Space
5,826 Sq.Ft.
Lot Area
8,400 Sq.Ft.

Work With Us

Helping Angelenos net more on their sale in less time, while providing the most smooth, stress-free transaction.

Find a home with the Jerry & Rachel Hsieh Real Estate Team