FIXER!! INVESTMENT OPPORTUNITY! This Los Angeles property offers character, flexibility, and excellent development potential. The home features an open layout with a spacious living room that includes a fireplace and a dining area ideal for gatherings. While the title reflects 2 bedrooms and 1 bathroom, the current layout includes 2 bedrooms, plus 2 additional bonus rooms that can function as an office, den, or extra bedrooms. There is also an indoor laundry area for convenience. The property is zoned for R2, allowing for multiple units or the opportunity to add an ADU. The large front and back yard provide ample outdoor space for gardening, entertaining, or future expansion. A long gated driveway accommodates up to 3 vehicles! Located near the Crenshaw/LAX Metro rail line, LAX, the Coliseum, SoFi Stadium, and local museums, this home offers excellent access to transit and major attractions. The World Cup and Olympics will be must-see events, adding excitement and value to this location. This fixer is being sold as-is through probate and is perfect for investors or flippers seeking to maximize the property’s zoning advantages. Don’t miss the chance to unlock the full potential of this versatile home.
MAJOR PRICE ADJUSTMENT! BEST DEAL IN THE AREA BY FAR! Two-Unit Income Property with Legal ADU Strong In-Place Cash Flow + Upside Excellent opportunity to acquire a well-performing two-unit income property in a strong rental pocket of Los Angeles featuring stable long-term tenants, in-place market rents, and future upside potential. The property consists of: Main Residence: 4 Bedrooms 2 Bathrooms Currently rented at approximately $3,300 per month Legal ADU (Two-Story with Garage & Separate Entry): 2 Bedrooms 1 Bathroom Currently rented at approximately $2,250 per month Combined gross monthly income of approximately $5,550 per month ($66,600 annually) with tenants paying market rents and additional room for future rent growth. Both units were renovated in recent years and are in more than decent, move-in-ready condition, offering a low-maintenance investment profile with immediate cash flow. The property offers excellent functionality with a driveway accommodating up to four vehicles, plus a garage dedicated to the second unit, enhancing tenant convenience and desirability. Long-term tenants provide consistent income stability while preserving upside potential through future rent adjustments as permitted by local guidelines. This asset is ideal for investors seeking predictable income, long-term appreciation, and diversified unit mix, or owner-users looking to offset housing costs through rental income. Offered at $979,777 Appointment Only – Do Not Disturb Occupants A rare opportunity to secure a stabilized two-unit property with a legal ADU in a high-demand Los Angeles rental corridor.
Well-kept income property featuring two separate dwellings on a single lot, with a proven rental track recordperfect for an owner-occupant who wants to live in one unit and rent the other, an investor, or an extended/multi-generation household. The front home includes 4 bedrooms and 2 bathrooms; the rear unit is currently used as 2 bedrooms and 1 bathroom. Major systems were upgraded in 2012, with new copper plumbing, modernized electrical, and a newer roof. Fresh exterior paint in 2025 enhances curb appeal and helps protect long-term maintenance. The property is tenant-occupied with reliable renters currently in place. Ideally situated close to the upcoming Lucas Museum of Narrative Art, California Science Center, Natural History Museum of Los Angeles County, California African American Museum, Exposition Park Rose Garden, USC Fisher Museum of Art, USC, and a nearby Metro subway station. The back unit may be delivered vacant at closing.
Now attractively priced and ready for renewed interest, this centrally located Los Angeles property offers a compelling blend of immediate livability and long term potential. Set on a generous lot in a rapidly evolving neighborhood, this classic Craftsman presents an excellent opportunity for owner users, investors, or developers seeking flexibility and future upside. The home showcases architectural details that Craftsman enthusiasts appreciate, including a welcoming front entry, beautiful built in dining room cabinetry, crown molding and wainscoting in the living and dining rooms, large windows, and French doors opening from the living room to the patio. The functional layout is complemented by outdoor space suitable for expansion. The home is configured as a two bedroom, two bathroom residence. Public records reflect one bathroom, with an additional bathroom added by the owner. Buyer to verify permits and square footage. Under current California and City of Los Angeles guidelines, the lot may offer potential for additional units, including an ADU or possible SB 8 development. Buyer to independently verify zoning, eligibility, and requirements with the City of Los Angeles. Conveniently located near USC, Exposition Park, Downtown Los Angeles, major transit corridors, and freeways, the property benefits from strong rental demand and long term appreciation. Whether you plan to move in, renovate, hold, or explore future development options, this property offers multiple paths forward. Property is sold as is. Buyers to verify all information including zoning, permits, square footage, and development potential.
LIVE IN THIS PROPERTY FOR A VERY LOW MORTGAGE PAYMENT, CALL AGENT TO ASK HOW. Single family home that has been converted to three separate spaces. Conveniently located near schools, freeways, shopping and entertainment. Los Angeles continues to see major revitalization and long-term investment, with billions being poured into infrastructure, transportation, and development ahead of the 2028 Olympics. As a global hub for entertainment, tech, culture, and international tourism—with limited housing supply—owning real estate in LA remains a proven strategy for appreciation, demand, and long-term wealth. Do not disturb occupants, contact listing agent for showings.
Development Opportunity – RD1.5-1-CPIO Potential for Increased Density SB 8 / Density Bonus Potential Rare opportunity to acquire a ±7,800 SF development site at 1187 Browning Boulevard in a rapidly evolving pocket of South Los Angeles. Zoned RD1.5-1-CPIO, the property provides a by-right foundation of approximately 5 units, with potential for additional density through State and City housing incentive programs. The property may allow for increased density beyond base zoning through California Density Bonus Law, which can provide opportunities for additional units, reduced parking requirements, and expanded building envelope (including height and FAR), in exchange for affordable housing set-asides. Buyers to verify eligibility and requirements. Projects in similar RD1.5 zones have utilized these programs to increase unit count beyond by-right limits. Additionally, buyers should explore the applicability of Transit Oriented Communities (TOC) incentives and other local housing initiatives, which may provide opportunities for increased density, reduced parking, and more efficient site planning. Height District 1 zoning typically permits approximately 30–33 feet, supporting 2-story construction by-right, with potential for modifications to height and massing through applicable incentive programs. Buildable floor area may increase when utilizing such programs, subject to approval. The property falls within a Community Plan Implementation Overlay (CPIO), which introduces additional planning guidelines and development standards. Importantly, the site may be subject to California SB 8 (Housing Crisis Act), requiring compliance with replacement housing obligations and tenant protections if existing residential units are removed. A Replacement Unit Determination (RUD) from the Los Angeles Housing Department (LAHD) may be required. Buyer to independently verify all zoning, density bonus eligibility, TOC applicability, FAR, height limits, CPIO standards, SB 8 requirements, and all local/state ordinances. Property sold as-is.
Welcome to an exceptional investment opportunity in the heart of Los Angeles! This well-maintained duplex is ideally situated just minutes from some of the city’s most iconic destinations, the LA Coliseum, BMO Stadium, Exposition Park, USC, the California Science Center, and the highly anticipated Lucas Museum of Narrative Art. With close proximity to major highways and public transportation, convenience is truly at your doorstep. Duplex offers 8 bedrooms, 4 bathrooms, and generous living space Whether you're seeking a reliable income property or a place to call home, this duplex delivers a rare blend of comfortable living and strong investment potential. Additional highlights include a dedicated parking space along the side of the house, plus ample street parking for guests. With its prime location, accessibility, and flexible layout, this property offers the best of both worlds for investors and owner-occupants alike. Don’t miss this remarkable opportunity to own a piece of Los Angeles real estate!
**** Calling All Investors****Positioned in one of South Los Angeles' most desirable investment corridors, this property sits just minutes from USC, Exposition Park, the Coliseum, BMO Stadium, museums, transit, and the rapidly developing Figueroa/Expo area. Opportunities in this pocket don't come around often, especially with this level of upside. The home will require a substantial, top-to-bottom renovation. From systems to cosmetics, investors should anticipate a full rehab to unlock the property's true potential. For the right buyer, this becomes a rare chance to capitalize on strong rental demand, student housing opportunities, and long-term equity growth fueled by USC's ongoing expansion and the continued revitalization of Exposition Park. Whether you're building a rental portfolio or searching for your next project, this is a compelling value-add opportunity in a location where returns remain steady and consistently strong. Due to the property's condition, traditional financing will not be an option. This is a cash-only sale, ideal for investors ready to undertake a complete renovation.
Wonderful opportunity to own this rare 2-bedroom, 1 bathroom unit in the historic Figueroa Arms complex perfect for first time home buyer, USC Student, or staff. This 4-story building features a gym, beautiful central courtyard, onsite laundry, dog run, and nightly on duty security. This is a first-floor corner unit with only one shared wall and high ceiling. The kitchen has updated cabinets and with some TLC this unit you can be pristine. HOA includes security, water, trash and exterior building maintenance. You may even qualify for the USC Neighborhood Homeownership Program. Discover urban living in the heart of Los Angeles close to USC, LA Coliseum, BMO Stadium and just a short distance to restaurants and supermarkets. This is a prime location near downtown LA, Crypto Arena, Nokia Theatre, Exposition Park, Expo Line at USC, 110 Freeway, metro, Disney Concert Hall and so many other attractions and amenities LA has to offer. It’s the perfect space to be when the 2028 Olympics come to town. Tax rolls show different bedroom count. Property sold in as-is condition and seller will make no repairs.
Recently restored Craftsman home plus virtually new ADU on a large lot near USC, the Los Angeles Memorial Coliseum and LAFC soccer stadium. The front home is approximately 1,680 sq. ft. with 3 bedrooms and 1.5 bath featuring a spacious living room with a gorgeous stone fireplace, recessed lighting and a lovely color palette along with beautifully restored hardwood floors. There is an additional den and private laundry and a study room with plenty of natural light. The kitchen has gleaming white cabinetry, stainless appliances and quartz countertops. The dining room has a built-in original china cabinet and a gorgeous chandelier. The main house currently rents for $2,964 a month and the ADU which is also a beautifully appointed 2 bedroom 2 Bath is currently renting at $2,288 a month and is approximately 864 sq. ft.(Buyer to Verify) This is a terrific home and income or straight income property.
In the heart of Los Angeles, this Charming Craftsman-style single-family home, spans approximately 1,152 square feet and is situated on a 4,752 square foot lot, offering ample space both indoors and outdoors. The home features 3 spacious bedrooms, 2 full bathrooms, and 1 - 1/2 bathroom, with the laundry facility within, designed to strike a balance between comfort and functionality. The living room is bright and inviting, featuring wood-like tile flooring throughout, maintaining the original character of the home. The 2nd level has a bonus room and living spaces (possible extra bedroom, office, recreation, studio). There is an additional room with its separate entrance at the rear of the home for creative uses, such as an office, studio, etc. Entertain in the backyard space with family barbecue parties, and gatherings, or simply enjoy Southern California’s weather. This property features a flat, usable space with potential for landscaping enhancements. With R2 Zoning, there's a possibility of a 2nd unit in the back. With DTLA just a few miles away, this home enjoys proximity to numerous amenities. Convenient access to public transportation, major freeways, and shopping centers. Nearby USC campus, restaurants, parks, and local attractions add to the vibrant community feel. Your short drive to surrounding attractions offers immense cultural, dining, and entertainment options.
Price Adjustment!!! Charming Craftsman Home in the Heart of Los Angeles - Fully Updated & Move-In Ready! Welcome to this beautifully renovated Craftsman-style gem located in a prime Los Angeles neighborhood! This home offers the perfect blend of historic character and modern upgrades, ideal for buyers seeking style, comfort, and functionality. Step inside to find a spacious, remodeled kitchen with plenty of room to cook and entertain. Recent upgrades include a new HVAC system, new flooring throughout, updated windows, and a completely renovated bathroom. The custom ceilings add a unique touch of elegance, while the layout provides both cozy living spaces and open flow. Enjoy morning coffee on the charming front patio, or host gatherings in your generously sized backyard—perfect for relaxing year-round. Need extra storage? There's even a basement area ready for all your extras. This home is truly move-in ready and offers the best of both worlds: classic L.A. charm with today's modern conveniences. Don't miss out—schedule your showing today and experience the warmth and beauty of this exceptional Craftsman home!
+Before contacting agent,Please read Probate information at the bottom+ Endless potential on an R2 lot. Stunning craftsman-style home this charming 4-bedroom, 2-bathroom home boasts timeless craftsmanship and incredible potential. Property profile shows 2 bedrooms 1 bath. Featuring classic built-ins, an expanded kitchen, and spacious rooms throughout, this property is ready to be transformed into your dream home. The large living room and dining room offer plenty of space for entertaining, while the generously sized bedrooms provide comfort and flexibility. With a detached garage and a sizable yard, the possibilities are endless. A fantastic opportunity for a fixer-upper or flip don't miss your chance to bring this beauty back to life! Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses,condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Zimas shows home as 2 bed 1 bath. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings. Probate, court confirmation required. Property sold as is, no repairs, and no BLIND OFFERS will be accepted. ***FINAL SHOWING 5/2/25** PROBATE COURT DATE 5/8/25, 8:30AM- 111 N. HILL St Dept 62, Los Angeles 90012 , FIRST OVERBID AMOUNT IS $579,625.- Hearing continued, will be rescheduled.
Los Angeles is located in California. Los Angeles, California 90037has a population of 3,902,440. Los Angeles 90037 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90037 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90037 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
