John E Burge

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1034 BeaconLos Angeles, CA 90015

Multi-Family · 3,966 Sq. ft. | 0.18 Acres
$1,799,000 Active

1034 Beacon Overview

Time on Site:
67 days
Visits:
0

VALUE-ADD | PARTIALLY VACANT | FULLY UPDATED UNITS, Welcome to 4 units on Beacon Ave, a well-maintained and fully updated multi-unit property located in the heart of Los Angeles. This is a prime opportunity for both investors and owner-users looking for flexibility and strong income potential. The property features 4 units total, with 3 units delivered vacant and 1 unit currently rented, allowing immediate upside through lease-up at market rents or the option for owner occupancy. All units have been tastefully updated, offering modern finishes that attract quality tenants and reduce immediate capital expenses. The property is positioned for strong cash flow. Ideal for investors looking to maximize rental income, execute a lease-up strategy, or explore long-term hold potential in a high-demand rental area. Centrally located with easy access to Downtown Los Angeles, major freeways, public transportation, and local amenities. Turn-key condition with vacancy upside — a rare opportunity in today’s market.

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1034 Beacon Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,966
  • Price/Sq.ft. $454
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Income: 136800.0
  • Gross Scheduled Income: 136800.0
  • Net Operating Income: 102789.0
  • New Taxes Expense: 23125.0
  • Operating Expense: 34010.0

Building Information

  • New Construction: No
  • Year Built: 1912

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C42 - Downtown L.A.
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Street Lights

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
  • Parcel Number: 5137016014
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 3966.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Laundry Features: Washer Hookup,Gas Dryer Hookup
  • Levels: Two
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: None

Lot Information

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.1837
  • Lot Size Area: 8003.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8003.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

1034 Beacon Neighborhood

Community

90015 (Los Angeles) Demographics

32
Median Age
13,972
Population Density (per sq. mile)
47%
College Educated
$48,743
Estimated Median Income
1,014
Estimated Total Home Owners
10,166
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1034 Beacon Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1034 Beacon Market Data

Based on the last 30 days in this zip code

$968,659
Average List Price
$754
Average Price per Square Foot
9
Properties Sold
109
Average Days on Market
337
Properties for Sale
Calculations provided by Reliance Network

1034 Beacon History

Date Event Value Agent
5/18/2026Source: CRMLS Price Reduction
$1,799,000 -2.8%
5/13/2026Source: CRMLS Status Change
Closed
4/24/2026Source: CRMLS Added to Database
April 24, 2026
1/26/2026Source: CRMLS Price Reduction
$2,800 -26.3%
1/26/2026Source: CRMLS Price Reduction
$2,800 -6.7%
1/26/2026Source: CRMLS Price Reduction
$2,800 -12.5%
11/21/2025Source: CRMLS Added to Database
November 21, 2025
11/21/2025Source: CRMLS Added to Database
November 21, 2025
11/21/2025Source: CRMLS Added to Database
November 21, 2025
Listing provided courtesy of Won Suk Kim Real Estate, Inc.Ixbalanque Garcia- MLS# DW26088855MLS ProviderContact Information: [email protected] - 562-474-1722
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