El Sereno (621) Homes with Quadruplex Subtype

Welcome to El Sereno, a hidden gem nestled in the heart of Los Angeles, California. Known for its vibrant community and diverse culture, El Sereno offers a unique blend of urban convenience and suburban charm. With its picturesque hills and panoramic views, this neighborhood is perfect for those seeking a tranquil lifestyle without sacrificing access to the bustling city.

El Sereno boasts a rich history and a strong sense of community, making it an ideal place for families, young professionals, and retirees alike. The neighborhood is dotted with parks, local shops, and eateries, providing residents with everything they need just a stone's throw away. The close-knit atmosphere encourages neighborly connections, fostering a sense of belonging that is hard to find in larger urban areas.

For those interested in investment opportunities, El Sereno features an array of homes, including the sought-after quadruplex subtype. These versatile properties are perfect for investors looking to maximize rental income or for families seeking multi-generational living arrangements. Quadruplexes offer the unique advantage of multiple units within a single building, allowing for both privacy and community living. Imagine owning a property that not only serves as your home but also generates income through rental opportunities!

With easy access to major freeways and public transportation, El Sereno ensures that residents can effortlessly explore all that Los Angeles has to offer. Whether you’re drawn to the nearby cultural attractions or the serene parks, El Sereno is a neighborhood that truly has something for everyone. Come discover your next home in this vibrant community!

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.