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2008 Vineyard Avenue
Los Angeles CA 90016 US

$1,899,000

Active Listing ID BB24190340
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7 bed
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5.00 Bath (5 Full)
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Lot: 6,445.00 Square Feet
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Quadruplex

$1,899,000

Active Listing ID BB24190340
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2008 Vineyard Avenue The 2-4 Unit Specialists proudly present 2008 Vineyard Ave, a fully renovated fourplex (triplex + ADU) in the highly desirable Mid-City/West Adams Adjacent neighborhood, offered at an unbeatable price of $1, 899, 000. Situated on a picturesque, palm tree-lined street just off trendy Washington Blvd, this charming property is perfect for owner-occupiers, 1031 exchange buyers, and investors alike. Notably, one of the 1-bedroom units is currently occupied at $2, 295/month, but there is potential for it to be delivered vacant, making this an ideal opportunity for an owner/investor. The fully renovated front duplex features a spacious 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit. The back renovated SFR + brand new ADU includes two well-designed 1-bedroom, 1-bathroom units. Each unit has been extensively renovated to appeal to the contemporary renter, featuring low-maintenance luxury vinyl flooring, quartz countertops, modern interior f inishes, full tub/shower bathrooms, energy-efficient LED lighting, stainless steel appliances, and in-unit washer and dryers. The property also comes with numerous upgrades, including new plumbing, tankless water heaters, electrical, HVAC, and separately metered units—so the owner pays no utility costs. With a significant shortage of fourplex inventory under $2 million, this property is priced to sell fast at $1, 899, 000. The combination of the charming residential neighborhood, the rare, stabilized cap rate of 5.31%, and extensive renovations make 2008 Vineyard Ave an ideal investment opportunity that won’t last long. Located in one of LA’s most up-and-coming areas, this exceptional property is poised to deliver significant appreciation—act quickly before rates come down and prices go up!

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Property Features

  • Facts
  • Lot Size: 6,445.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 5
  • Exterior Finish: Community Features Included: Sidewalks, Back Yard, Landscaped

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1899000
  • unparsedaddress: 2008 Vineyard Avenue
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90016
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.147956841138659
  • lotsizeunits: Square Feet
  • lotsizearea: 6445
  • livingarea: 2856
  • livingareaunits: Square Feet
  • latitude: 34.038219
  • longitude: -118.340115
  • listagentfullname: Elizabeth Maddox
  • listagentemail: elizabeth@myunits.com
  • listagentkey: 3yd-MRMLSCA-BB41810
  • listagentmlsid: BB41810
  • listagentpreferredphone: 8188508485
  • listagentofficephone: 8188597242
  • listofficekey: 3yd-MRMLSCA-BH5345657
  • listagentstatelicense: 01921425
  • listofficemlsid: BH5345657
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1949
  • listingcontractdate: 2024-10-03
  • listagenturl: https://www.twotofour.com/buy
  • countyorparish: Los Angeles
  • parcelnumber: 5061012025
  • appliances: Dishwasher, Microwave, Oven - Gas, Range, Range - Gas, Refrigerator, Washer
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • parkingfeatures: Assigned, Driveway
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Sidewalks, Back Yard, Landscaped
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.34012, 34.03822
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Myunits.com", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"elizabeth@myunits.com", "ListBrokerageCity":"Burbank", "ListBrokerageCountry":"US", "ListBrokerageEmail":"elizabeth@myunits.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/6b8cfa918e2b11e991f70242ac110015/20240201222347526.png", "ListBrokerageName":"Myunits.com", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"91502", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"630 N Glenoaks Blvd", "ListBrokerageWebsiteUrl":"https://www.twotofour.com/buy", "ListOfficeAddress1":"630 N. Glenoaks", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"BB41810", "ListOfficeCity":"Burbank", "ListOfficeCountry":"US", "ListOfficeEmail":"elizabeth@myunits.com", "ListOfficePostalCode":"91501", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2008-Vineyard-Ave_Los-Angeles_CA_90016_M14839-59625?f=listhub&s=MRMLSCA&m=BB24190340&c=rexren", "MLSModificationTimestamp":"2024-10-03T15:40:26Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:52:42 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Elizabeth Maddox, Myunits.com Inc., elizabeth@myunits.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.