4200 Rogers Street, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath

4200 Rogers Street, Los Angeles, California 90063 home-pic-0
ACTIVE$779,000
4200 Rogers Street, Los Angeles, California 90063
0Bed
0Bath
2,194Sqft
4,030Lot
Year Built
1959
Close
-
List price
$779K
Original List price
$800K
Price/Sqft
$355
HOA
-
Days on market
-
Sold On
-
MLS number
CV25199004
Home ConditionPoor
Features
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $779.0K(52th), sqft - 2194(56th), beds - undefined(50th), baths - undefined(50th).

Fantastic Investment Opportunity in Prime Location! Welcome to this well-maintained Tri-Plex in Los Angeles, ideally situated near Cal State LA, shopping, dining, and easy freeway access. This property features three spacious 1 bedroom / 1 bathroom units, each with thoughtful layouts and desirable amenities. Unit 1 (Upstairs): Enjoy added privacy with no neighbors below and a private patio space, perfect for relaxing or sipping your morning coffee. This unit is perched above the garages, offering a unique lifestyle feel. Unit 2 (Middle): Centrally located in the building with convenient access. Unit 3 (Back): Tucked away at the rear for additional privacy—currently vacant, offering an excellent opportunity for owner-occupancy or market rent placement. Each unit comes with its own 1-car garage plus 1 driveway parking space, a rare and valuable feature in this area. Two units are currently rented, providing immediate income, while the vacant unit allows flexibility for investors or owner-users. With room for updates and upgrades, this property has significant value-add potential through rent increases or cosmetic improvements. Whether you’re an experienced investor or looking for your first income property, this Tri-Plex is a smart addition to your portfolio.

Price History

Date
Event
Price
09/26/25
Price Change
$779,000-2.6%
09/04/25
Listing
$799,999
10/01/01
Sold
$180,000
Condition Rating
Poor

Built in 1959, this property features severely outdated kitchens and bathrooms, likely original or renovated 30-50+ years ago. The kitchen has old wood cabinets, yellow tiled countertops, and basic, older appliances. The bathroom features pink tiled countertops and an older vanity. Flooring consists of worn carpet and dated linoleum/vinyl. Cooling is via window AC units, and heating appears to be wall heaters, indicating inefficient and outdated systems. While the description states 'well-maintained,' the property requires substantial cosmetic and functional rehabilitation to meet current living standards and maximize its value-add potential, aligning with the 'poor' condition criteria for needing substantial repairs and rehabilitation due to significant obsolescence.
Pros & Cons

Pros

Immediate Income & Investment Type: As a Tri-Plex with two units currently rented, the property offers immediate income generation and is a proven residential income asset.
Strategic Location: Situated in a prime Los Angeles location near Cal State LA, shopping, dining, and major freeways, ensuring strong tenant demand and accessibility.
Significant Value-Add Potential: The property presents ample opportunity for investors to increase property value and rental income through strategic updates, upgrades, and market rent adjustments.
Dedicated Parking Per Unit: Each unit benefits from a private 1-car garage plus an additional driveway space, a highly sought-after and valuable amenity in urban Los Angeles.
Vacant Unit Flexibility: The currently vacant unit provides immediate flexibility for an owner-occupant or allows for market rent placement, optimizing the investment strategy from day one.

Cons

Property Age & Condition: Built in 1959, the property is over 60 years old, suggesting potential for outdated systems, deferred maintenance, and the need for substantial modernization.
Required Capital Expenditure: The description explicitly mentions 'room for updates and upgrades,' indicating that significant capital investment will be necessary post-acquisition to maximize returns and tenant appeal.
Potential for Higher Maintenance: Older properties typically incur higher ongoing maintenance costs and may require more frequent repairs and system replacements compared to newer constructions.

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