3962 Brighton Avenue, Los Angeles, CA 90062
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
3962 Brighton Avenue,Los Angeles, CA 90062
$1,300,000
- - Beds
- - Baths
- 2,998 sq. ft.
- Multi-family
- Active
Listed by:donald drake
Office:golden state realtors group
MLS#:PW25248496
Source:CRMLS
Price summary
- Price:$1,300,000
- Price per sq. ft.:$433.62
About this home
Your income-producing dream property 1 mile from BMO stadium and minutes from USC, the LA Memorial Coliseum, SoFi Stadium, and Downtown LA.
This is a well maintained 4-plex in West Adams District. Front unit is the larger original house, the other 3 units were added to the back around 1970 with permits. Rents are below market on two of the units and Drastically below on 1 other. All tenants are on month-to-month rental agreements. (See Unit details below). This property features individual electric and gas meters AND tenants are billed for Water and Trash usage. Property is conveniently located near transportation, shopping, downtown and USC.
This is a great Investment opportunity with long term stable tenants and great upside potential. Unit 1 can be up to $3000 and other units can be up to $2,400 or so which makes this sales price a deal for you. This building is on a nice quiet and safe block with wide streets. Off street assigned parking and storage closet is included. The property needs minimal work and can sparkle with the right touches. Don't miss out on this opportunity. Call listing agent for more information.
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Unit 1 Information
Actual Rent: $460
Potential rent $3,200
# of Baths Full: 1
Total # of Bedrooms: 2-3
Condition: Moderate
Furnished: Unfurnished
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Unit 2 Information
Actual Rent: $2,400
# of Baths Full: 1
Total # of Bedrooms: 2
Condition: Excellent
Furnished: Unfurnished
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Unit 3 Information
Actual Rent: $1,530
Potential rent $2,400
# of Baths Full: 1
Total # of Bedrooms: 2
Condition: Good
Furnished: Unfurnished
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Unit 4 Information
Actual Rent: $1,530
Potential rent $2,400
# of Bathrooms Full: 1
Total # of Beds: 2
Condition: Good
Furnished: Unfurnished
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Building Expenses
Trash: $0 Tenant paid
Maintenance: $2,000
Licenses: $427
Insurance: $3,000
Water Sewer: $0 Tenants paid
Gardener: $1,800
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Net Operating Income: $63,813
Total Building Area: 2,998
Gross Scheduled Income: $
Gross Operating Income: $71,040
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 2
Vacancy Allowance Rate: 3
Vacancy Allowance: 1217
Contact an agent
Home facts
- Year built:1970
- Listing ID #:PW25248496
- Added:1 day(s) ago
- Updated:October 28, 2025 at 10:30 PM
Rooms and interior
- Living area:2,998 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Asbestos Shingle
- Year built:1970
- Building area:2,998 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$433.62
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