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1836 Lansdowne Ave - 4 Units - 3 Delivered Vacant By Cal State LA! 4 Unit Apartment Building Offered at $1,050,000 at a 6.67% Cap Rate Los Angeles, CA 90032

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Investment Highlights

3 units currently vacant!
Only 1 block to Tierra Mia Coffee, a local favorite, and close proximity to other hotspots like Carnitas el Momo, Tamales Lilianas, Luminarias, El Gal
Attractive unit mix: (2Br + 1Ba) across all four units

Charming 4-unit Spanish-style quadruplex in extremely desirable, mostly residential University Hills neighborhood near Cal State Los Angeles.
Timeless architectural character with original arched doorways, cut-outs, built ins, and more.
Easy access to the 710 and 10 freeways for seamless connectivity throughout Los Angeles

Executive Summary

Perfectly positioned adjacent to Cal State LA and Tierra Mia Coffee, this University Hills fourplex delivers both architectural charm and value-add potential. 3 of the 4 units are vacant, making it ideal for investors, an owner-user, or large family looking for multiple vacancies. The property features an attractive unit mix of four (2Br+1Ba) apartments. The two rear units are 2 stories and larger than the front 2 units. All units have a back door, separate hot water heaters, and large windows that create ample natural light. There are rear detached garages on this street to street lot. The property is situated at the base of University Hills just a block from Tierra Mia Coffee and next to Cal State LA. It is just off Eastern north of the 10 Freeway, with easy access to Alhambra, Monterey Park, Boyle Heights, East LA, Northeast LA and DTLA. This property also has an adjacent sister building under the same ownership that is also available for sale, inquire for more info. An excellent value and a must see!

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Gross Rental Income	$98,736	$40.53
Other Income	-	-
Vacancy Loss	$2,962	$1.22
Effective Gross Income	$95,774	$39.32
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$25,762	$10.58
Net Operating Income	$70,012	$28.74

Financial Summary (Actual - 2025)

Gross Rental Income
Annual	$98,736
Annual Per SF	$40.53

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	$2,962
Annual Per SF	$1.22

Effective Gross Income
Annual	$95,774
Annual Per SF	$39.32

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$25,762
Annual Per SF	$10.58

Net Operating Income
Annual	$70,012
Annual Per SF	$28.74

Property Facts

Price	$1,050,000	Building Size	2,436 SF
Price Per Unit	$262,500	Average Occupancy	25%
Sale Type	Investment	No. Stories	2
Cap Rate	6.67%	Year Built/Renovated	1937/2026
Gross Rent Multiplier	10.63	Parking Ratio	1.64/1,000 SF
No. Units	4	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Multifamily
Zoning	LAR1

Price	$1,050,000
Price Per Unit	$262,500
Sale Type	Investment
Cap Rate	6.67%
Gross Rent Multiplier	10.63
No. Units	4
Property Type	Multifamily
Building Size	2,436 SF
Average Occupancy	25%
No. Stories	2
Year Built/Renovated	1937/2026
Parking Ratio	1.64/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LAR1