4237 Floral Drive, Los Angeles, California 90063, Los Angeles, 90063 - 4 bed, 4 bath

4237 Floral Drive, Los Angeles, California 90063 home-pic-0
ACTIVE$700,000
4237 Floral Drive, Los Angeles, California 90063
4Beds
4Baths
1,554Sqft
5,823Lot
Year Built
1923
Close
-
List price
$700K
Original List price
$799K
Price/Sqft
$450
HOA
-
Days on market
-
Sold On
-
MLS number
IV24251027
Home ConditionFair
Features
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $700.0K(32th), sqft - 1554(28th), beds - 4(80th), baths - 4(92th).

Discover an exceptional investment opportunity with this charismatic multi-family property. Three distinct homes allow endless possibilities to tailor the spaces to diverse needs. Charm meets potential in this versatile multi-family property. Perfectly positioned in a vibrant area, this gem includes three homes on one lot, delivering unique prospects for savvy investors or those seeking multi-generational living arrangements. Spanning an expansive lot size of 5,823 sqft with a combined floor space of 2,288 sqft, this property maximizes space and comfort. Each home is crafted to accommodate modern living without sacrificing character. This thoughtfully designed configuration includes four bedrooms and four bathrooms, providing ample space for privacy and convenience. Units 1 and 2 have newly remodeled bathrooms, enhancing their allure with contemporary finishes and accessories. New roofs crown each structure, ensuring peace of mind and long-term durability. Unit 1 also boasts a brand-new water heater, providing efficiency and reliability. —whether that's a lucrative rental endeavor or a maximizing rental yield or designing custom living areas. Recent maintenance includes trimmed trees and ongoing pest and rodent control, ensuring a pristine and inviting environment for future occupants.

Price History

Date
Event
Price
07/01/25
Sold
$637,500
Condition Rating
Fair

The property was built in 1923, but the description mentions that Units 1 and 2 have newly remodeled bathrooms. The roofs and water heater for Unit 1 are also new. The kitchens appear functional but not recently updated. Given the age and partial renovations, the property is in fair condition, requiring some updates but generally maintained.
Pros & Cons

Pros

Income Potential: The property features three separate homes on one lot, offering significant income potential through rentals or multi-generational living.
Recent Upgrades: Units 1 and 2 have newly remodeled bathrooms, and all structures have new roofs, enhancing appeal and reducing immediate maintenance costs.
Pest Control: Ongoing pest and rodent control ensures a pristine and inviting environment for future occupants.

Cons

Age: Built in 1923, the property may require ongoing maintenance and potential upgrades due to its age.
Square Footage Discrepancy: The listed square footage of 1554 sqft appears smaller than the combined floor space of 2,288 sqft mentioned in the description, which may cause confusion.

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