4478 E 4th, Los Angeles, CA 90022

Property Description

PRICE REDUCED TO $845,000! Rare East Los Angeles Triplex with Two Units Delivered Vacant at Close of Escrow! Don't miss this exceptional opportunity to own a versatile triplex in East Los Angeles that is ideal for both owner-occupants and investors. Two units—a spacious 2-bedroom, 1-bath and a 1-bedroom, 1-bath—will be delivered vacant at the close of escrow, giving you the flexibility to move in, lease at today's market rents, or create the perfect house-hacking opportunity. The third unit is tenant-occupied, providing immediate rental income from day one. This income-producing property offers the opportunity to live in one unit while renting the others, helping offset your monthly mortgage and build long-term wealth through real estate. Eligible owner-occupants may qualify for FHA financing with as little as 3.5% down, subject to lender approval, borrower qualification, and property eligibility. Perfect for first-time multifamily buyers, experienced investors, or anyone looking to expand their real estate portfolio, this property offers immediate upside with two vacant units and excellent long-term appreciation potential. Conveniently located just minutes from Downtown Los Angeles, USC Medical Center, Cal State LA, and major freeways including the 5, 10, 60, and 710, you'll enjoy easy access to employment centers, shopping, restaurants, schools, parks, and public transportation. The strong rental demand in East Los Angeles makes this an outstanding long-term investment.