3940 Dobinson Street, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath
ACTIVE$749,000
3940 Dobinson Street, Los Angeles, California 90063
0Bed
0Bath
3,166Sqft
6,034Lot
Year Built
1917
Close
-
List price
$749K
Original List price
$849K
Price/Sqft
$237
HOA
-
Days on market
-
Sold On
-
MLS number
RS25065395
Home ConditionFair
Features
Good View:
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About this home
We found 3 Cons,5 Pros. Rank: price - $749.0K(48th), sqft - 3166(96th), beds - undefined(50th), baths - undefined(50th).
Come check out this fantastic triplex, currently operating as a non-conforming quadruplex. There are 3 2bedroom 1bath units and a 3bedroom 1.5bath unit. Two of the 4 units have brand new kitchen cabinets and counter tops. All units have washer and dryer hookups. Situated in a prime Los Angeles City Terrace/Boyle Heights location, this property is conveniently near key amenities and attractions, including the USC Hospital, Dodgers Stadium, El Mercadito, Placita Olvera, Downtown Los Angeles, just north of the Citadel Outlets & Cal State LA. Commuting is a breeze with easy access to the 5, 10, 60, and 710 freeways.
Price History
Date
Event
Price
08/20/25
Price Change
$749,000
03/27/25
Listing
$849,000
02/18/22
Sold
$520,000
04/29/14
Sold
$450,000
12/20/11
Sold
$320,000
08/02/11
Sold
$320,000
Condition Rating
Fair
Built in 1917, this property is over 100 years old. While the listing states that two of the four units have 'brand new kitchen cabinets and countertops,' indicating recent partial updates, there are no interior images to assess the overall condition of all units, including bathrooms, flooring, appliances, or major systems like HVAC and electrical. The exterior appears aged but not in a state of severe disrepair. The partial renovations suggest it's maintained but likely has many outdated components and systems due to its age, fitting the 'fair' category.
Pros & Cons
Pros
Strong Income Potential: The property is currently operating as a quadruplex, offering significant rental income opportunities from its four units (three 2-bed/1-bath and one 3-bed/1.5-bath) in a high-demand Los Angeles market.
Strategic Location: Situated in the prime City Terrace/Boyle Heights area, the property benefits from proximity to key amenities and attractions including USC Hospital, Dodgers Stadium, Downtown Los Angeles, Citadel Outlets, and Cal State LA.
Excellent Commuter Access: Commuting is highly convenient with easy access to major freeways (5, 10, 60, and 710), enhancing tenant appeal and property value for residents working across the greater Los Angeles area.
Recent Unit Upgrades: Two of the four units have been updated with brand new kitchen cabinets and countertops, which can attract tenants and reduce immediate renovation expenses for a new owner.
Tenant-Friendly Amenities: All units are equipped with washer and dryer hookups, a highly desirable feature for renters that adds convenience and can command higher rental rates.
Cons
Non-Conforming Quadruplex Status: The property is described as a 'triplex, currently operating as a non-conforming quadruplex,' which presents potential legal and permitting risks, and may require costly legalization or conversion back to a triplex.
Age of Property: Built in 1917, the property is over a century old, suggesting potential for deferred maintenance, outdated infrastructure (plumbing, electrical), and higher ongoing repair and capital expenditure costs.
Price Reduction Indication: The property has undergone a significant price reduction from $849,000 to $749,000, which could indicate initial overpricing, challenges in attracting buyers, or potential underlying issues that warrant further investigation.