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4326 Hammel, East Los Angeles, California 90022, East Los Angeles, 90022 - 8 bed, 4 bath

4326 Hammel, East Los Angeles, California 90022 home-pic-0
ACTIVE$1,050,000
4326 Hammel, East Los Angeles, California 90022
8Beds
4Baths
3,157Sqft
14,665Lot
Year Built
1921
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
AR25266028
Home ConditionPoor
Features
Good View: City Lights, Canyon
ViewCity Lights,Canyon

About this home

We found 4 Cons,5 Pros. Rank: price - $1.05M(76th), sqft - 3157(82th), beds - 8(88th), baths - 4(88th).

Prime Investment Opportunity with a spacious 14,665 sq. ft lot, this property offers excellent potential with four (4) units delivered vacant at close of escrow! Potential to add additional units, live in one unit and rent out the remaining three, or all of the above. Excellent location with only short distance from USC Keck, Cal State LA, ELAC, new 6th street bridge, City Terrace, Arts District, Boyle Heights, Chinatown, Monterey Park, and Downtown LA. Surrounded by amenities such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Montebello Country Club, Dodger Stadium, University of Southern California and more. Centrally located near major freeways, including I-710, I-5, I-101, I-10, and CA-60

Price History

Date
Event
Price
11/24/25
Listing
$1,050,000
04/29/20
Sold
$770,000
09/17/15
Sold
$573,000
Condition Rating
Poor
Built in 1921, this property is over a century old. The MLS description and property analysis explicitly state 'outdated infrastructure,' 'deferred maintenance,' and that 'significant renovation likely required.' The aerial images show multiple structures with visible signs of age, wear, and general disarray, including aged roofs and cluttered surroundings. Without any interior photos, especially of kitchens and bathrooms, and given the property's age and the explicit need for substantial renovation, it's highly probable that these critical areas are severely outdated and require major rehabilitation to meet current standards. The property requires substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Prime Investment Opportunity: The property is explicitly marketed as a 'Prime Investment Opportunity' with four (4) units delivered vacant at close of escrow, offering immediate income potential and flexibility for an investor.
Large Developable Lot: A spacious 14,665 sq. ft. lot provides significant potential for adding additional units or future redevelopment, enhancing long-term value.
Strategic & Amenity-Rich Location: Centrally located near major universities (USC Keck, Cal State LA, ELAC), cultural hubs (Arts District, Boyle Heights), Downtown LA, and major freeways, ensuring strong rental demand and accessibility.
Immediate Income Potential: All four units being delivered vacant allows the new owner to immediately set market-rate rents, renovate, or occupy one unit while renting out the others without tenant relocation challenges.
Multi-Unit Property (Quadruplex): As a quadruplex, the property offers diversified rental income streams, reducing risk compared to single-unit investments and providing a solid foundation for a real estate portfolio.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 7.
Age of Property: Built in 1921, the property is over a century old, suggesting potential for outdated infrastructure, deferred maintenance, and higher costs for system upgrades (plumbing, electrical, HVAC).
Significant Renovation Likely Required: Given its age and the 'investment opportunity' framing, substantial capital investment will likely be necessary to modernize the units, bring them to current market standards, and maximize rental income.
Lack of Specific Unit Condition Details: The description does not provide details on the current condition, layout, or recent renovations of the individual units, making it challenging to assess immediate rental readiness or the full scope of required work without further inspection.

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