Courtesy of: Elizabeth Maddox, Myunits.com Inc., elizabeth@myunits.com
Courtesy of: Elizabeth Maddox, Myunits.com Inc., elizabeth@myunits.com
$1,899,000
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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
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$1,899,000
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!
Courtesy of: Elizabeth Maddox, Myunits.com Inc., elizabeth@myunits.com
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