Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2021
Sq.Footage
N/A
NO RENT CONTROL AND FULLY VACANT AT CLOSING! Built in 2021, 1045 E 20th Street is ideal for any owner/user or investor looking for newly constructed 4Plex in the heart of Los Angeles. All units are 4-Bed 3-Bath units, ideal for families or co-living tenants. With each unit measuring at about 1,300 SF, the property sits on a 6,000 SF lot. The property is projected to generate $15,980 in monthly scheduled rent, translating to an attractive 6.07% cap rate and 11.97 GRM, making this an exceptional opportunity for investors seeking strong cash flow and a modern, low-maintenance asset. The property’s central location and newer construction ensure long-term demand, stable returns, and minimal deferred maintenance for years to come. Located just minutes from Downtown Los Angeles, USC, and the Fashion District, the property offers residents convenient access to major employment centers, freeways, and public transit. With all units vacant, investors have the flexibility to lease at market rates or explore owner-occupancy options.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.1377
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$2,295,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
14
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Aaron Jacobson , Lyon Stahl Investment Real Estate, Inc.
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