1045 E 20th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$2,300,000
1045 E 20th Street, Los Angeles, California 90011
16Beds
12Baths
5,384Sqft
6,000Lot
Year Built
2021
Close
-
List price
$2.3M
Original List price
$2.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25568779
Home ConditionExcellent
Features
View-
About this home
4 Units. each unit 4 bedroom 3 bath, 2 Floor Building Large bedrooms, Good condition, Just South Of Washington Ave, close to bus stops, trains and all shopping area, The 4 units can be rented as Master Lease for $17000 per Month Long term lease required.
Nearby schools
5/10
San Pedro Street Elementary School
Public,•K-5•0.3mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.3mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.6mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.8mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.9mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.0mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•1.1mi
/10
Maple Primary Center
Public,•K-1•1.2mi
2/10
Harmony Elementary School
Public,•K-5•1.3mi
3/10
Trinity Street Elementary School
Public,•K-5•1.3mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•1.3mi
4/10
Norwood Street Elementary School
Public,•K-5•1.6mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.6mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.9mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•2.1mi
2/10
John W. Mack Elementary School
Public,•K-5•2.3mi
5/10
Menlo Avenue Elementary School
Public,•K-5•2.4mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•2.5mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.8mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.7mi
4/10
John Adams Middle School
Public,•6-8•1.1mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.3mi
3/10
George Washington Carver Middle School
Public,•6-8•1.6mi
2/10
John Muir Middle School
Public,•6-8•3.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•3.6mi
5/10
Santee Education Complex
Public,•9-12•0.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.1mi
4/10
West Adams Preparatory High School
Public,•9-12•2.3mi
3/10
Manual Arts Senior High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
07/22/25
Listing
$2,300,000
03/21/19
Sold
$625,000
06/03/94
Sold
$122,000
Condition Rating
Excellent
Built in 2021, this property is virtually new, falling well within the 'Excellent' criteria for age. The exterior images show a modern, well-maintained building. While interior images are not provided to assess specific kitchen and bathroom features, appliances, or flooring, a 2021 build year strongly indicates that all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Exceptional Income Potential: The property offers a significant master lease potential of $17,000 per month, indicating a strong and predictable cash flow for investors.
New Construction & Modern Condition: Built in 2021 and described as being in 'Good condition,' suggesting minimal immediate capital expenditures and modern living standards for tenants.
Multi-Unit Investment (4 Units): Comprising four independent 4-bedroom, 3-bathroom units, this property provides diversified rental income streams and significant scalability for an investor.
Spacious Living Quarters: Each unit features 'large bedrooms,' a highly desirable attribute for tenants, enhancing rental appeal and potential for higher rents.
Strategic Urban Location: Situated 'Just South Of Washington Ave' and 'close to bus stops, trains and all shopping area,' offering excellent connectivity and convenience for residents in Los Angeles.
Cons
Future Listing Dates: The 'on_market_date' and 'modified_timestamp' are listed in the future (2025), which could indicate data inaccuracies or a significant delay before the property is genuinely available for purchase, impacting immediate investment timelines.
Lack of Detailed Amenities: The description is sparse on specific amenities beyond 'large bedrooms,' such as parking, outdoor spaces, in-unit laundry, or specific finishes, which could be crucial for tenant attraction and rent optimization.
Unusual Sub-type Classification: While described as 4 units, the 'sub_type' is listed as 'Condominium,' which is atypical for a 4-unit building usually classified as multi-family. This discrepancy may imply complex ownership structures, potential HOA fees, or a data classification error requiring further investigation.