This is a rare opportunity to own two adjacent properties in the desirable and historic Angelino Heights neighborhood of Echo Park. This approximately 6,495 square feet parcel features three detached bungalows, each offering 2 bedrooms and 1 bathroom, with approximately 720 square feet of living space per unit. In addition, the adjacent property at 723 E Kensington (Residential Listing #WS26188470), featuring a historic home, will be sold together with this property. Both parcels are located within a City Historic Preservation Overlay Zone (LARD2-1VL-HPOZ), offering a unique opportunity to own and potentially reimagine multiple properties in one of Los Angeles's most distinctive historic neighborhoods. Whether you are an investor or developer looking for your next project, or a homeowner ready to bring your vision to life, this is a unique opportunity to create something special in a highly desirable location. Angelino Heights is celebrated for its historic character, architectural charm, and proximity to the vibrant restaurants, shops, entertainment, and amenities of Echo Park and surrounding Los Angeles neighborhoods.
Rare opportunity in the heart of Echo Park. Situated on an approximately 5,906 SF lot, this 3-unit property offers existing rental income alongside compelling long-term upside in one of Los Angeles’ most sought-after neighborhoods. Zoned [Q]C2-1VL, the property presents an intriguing opportunity for investors and developers to explore future redevelopment or additional density, subject to independent verification. Just two doors from a recently constructed four-story multifamily project- consisting of 13 units, demonstrating substantial multifamily development activity along this stretch of Echo Park Avenue. Ideally positioned near Downtown Los Angeles, Dodger Stadium, Elysian Park, neighborhood cafés, restaurants, hiking trails and the best of Echo Park, the property combines location, income and potential at an attractive entry point. Buy, hold, collect rents and explore the possibilities of a generational investment.
The Flamingo Collection presents a rare opportunity to acquire a boutique portfolio of five free-standing contemporary Single-Family Homes in the heart of Los Angeles' Hollywood Media District. Built in 2019 and individually parceled with five separate APNs, each 3-bedroom, 3.5-bath residence offers approximately 1,754 - 1,822 square feet of sophisticated living space with white oak hardwood floors, custom cabinetry and closets, stainless steel appliances, in-home laundry, central HVAC, private 2-car garage and rooftop deck. Four residences are currently occupied, while one has been intentionally held vacant to preserve flexibility during the sale process. At the Buyer's election, Seller can deliver the fifth residence occupied at $6,500 per month, resulting in a fully occupied portfolio generating $384,000 in annual rental income. Alternatively, Seller can deliver all five residences 100% vacant at close of escrow, allowing an incoming Buyer to immediately implement its preferred investment strategy. Built in 2019, the homes are exempt from the City of Los Angeles Rent Stabilization Ordinance (RSO), providing additional flexibility for future rental operations. Five individual APNs further create multiple potential investment and exit strategies, including traditional long-term leasing, corporate/executive housing, furnished rentals, individual home sales, or a combination of approaches. With the ability to acquire the portfolio fully occupied with immediate income, newer construction, RSO-exempt status and multiple future exit strategies, The Flamingo Collection is particularly well suited for a 1031 Exchange buyer seeking a high-quality replacement asset with immediate income and long-term flexibility. Attractive Seller financing available. Sale includes the following APN's: 5533-022-045, 046, 047, 048, 049.
We are pleased to present 12535 Pacific Avenue, a nine-unit apartment building in Mar Vista. A qualified buyer may assume the existing Chase loan at 4.48%, fixed through 06/01/2029, subject to Chase's approval. Built in 1962, the two-story wood-frame building holds one single, four one-bedroom, one-bath units and four two bedroom, two-bath units in 6,404 square feet on a 6,992-square-foot R3-1 lot, with tuck-under parking. All nine units are registered under the Los Angeles Rent Stabilization Ordinance.The investment case is stabilized income with rent growth as long-term tenancies turn. Four units leased between November 2025 and September 2026 at $1,950 to $2,750 a month, and four tenancies in place since 2014 or earlier hold the building's rent upside. Major building work is already complete: the soft-story retrofit, dual-glazed windows and an earthquake gas shutoff valve.The offering suits 1031 exchange buyers and private investors looking for Westside rentalincome with fixed-rate financing in place, within a short drive of the Playa Vista, Culver City and Santa Monica job centers.The property sits in Mar Vista, one block south of the Venice Boulevard main street and its restaurants and coffee shops. Mitsuwa Marketplace and its food court are 0.26 miles away, the Sunday Mar Vista Farmers Market on Grand View Boulevard 0.33 miles, Vons 0.42 miles and the Mar Vista Branch Library 0.47 miles. Grand View Boulevard Elementary is 0.35 miles away. ZIMAS identifies the property as within half a mile of a High Quality Transit Corridor and a major transit stop. Playa Vista, home to many of Silicon Beach's technology employers, is 2.1 miles away, downtown Culver City 2.84 miles and downtown Santa Monica 3.61 miles, and LAX is 4.5 miles from the property. HUD's 2027 Small Area Fair Market Rents for ZIP 90066 are $2,980 for a one-bedroom and $3,680 for a two-bedroom unit. These ZIP-level voucher payment-standard benchmarks are not unrestricted market rents or a guarantee of achievable rent.
We are pleased to present 2540 S Barrington Avenue, a 12- unit apartment building on Barrington Avenue in West Los Angeles. A qualified buyer may assume the existing Chase loan at 4.38%, fixed through 06/01/2029, subject to Chase's approval. Built in 1958, the two-story, wood-frame building holds ten one-bedroom and two two bedroom units, 6,535 square feet on an 8,257-square-foot lot, with a pool courtyard at its center.The property is registered under the Los Angeles Rent Stabilization Ordinance. In-place rents on the occupied units leave 19% upside to market rents as those units turn. The pool courtyard and West Los Angeles location support the tenant appeal of the ten one-bedroom and two two-bedroom units.Family ownership is documented since 1978. On the same street, 0.1 mile south, a renovated 610-square-foot one-bedroom was listed at $2,300 in April 2026 and came off the market in six days. The offering suits 1031 exchange buyers and private investors looking for West Los Angeles rental income with fixed-rate financing already in place.The property sits on Barrington Avenue in West Los Angeles, just south of the I-10 and steps from the restaurants at Gateway Boulevard. Whole Foods Market on National Boulevard is 0.5 mile away. Marukai Market on Pico Boulevard is 0.5 mile west, and the restaurant row of Sawtelle Japantown is 0.8 mile north. Richland Avenue Elementary is 0.1 mile from the front door.The Expo/Bundy station on the Metro E Line, which runs from Santa Monica to Downtown Los Angeles, is 0.6 mile away. Expo/Sepulveda is 0.7 mile. The I-10 runs just north of the property, and the I-405 interchange lies to the east. One Westside, Google's office campus at Pico and Westwood Boulevards, is 1.1 miles away. Century City is 2.5 miles. UCLA is 2.8 miles north, Culver City 2.8 miles east, and Los Angeles International Airport 6.4 miles south.Besides the renovated unit on Barrington Avenue, one-bedrooms in 1950s and 1960s apartment buildings within 1.5 miles came off the market at $1,995 to $2,240 between April and September 2026. Two-bedrooms in buildings of the 1940s and 1950s came off the market at $2,495 to $2,995.
Beautifull maintained 6 unit craftsman style apartment in Korea-town. Units are remodeled with hardwood flooring. Automatic gate for security. 12 parking spaces.
1 UNIT VACANT!!! We are pleased to present 1166 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 6.93% CAP and 9.27 GRM on current rents, with value-add potential to reach an 10.19% CAP and 6.90 GRM with 1 UNIT DELIVERED VACANT! Located just east of the 110 Freeway, the property offers easy access to the Florence and Slauson Light Rail Stations, multiple Metro lines, and nearby neighborhoods including Huntington Park, Walnut Park, South Gate, and Maywood. It's also conveniently situated near Edison Middle School, Public Service Community High School, and Mary M. Bethune Park. The property consists of two separate structures a front triplex and a rear detached house totaling 1,952 rentable square feet on a 4,836 SF LCR3YY-zoned lot. Built in 1958 and 1923, respectively, the buildings feature a unit mix of 3 two-bedrooms and 1 one-bedroom, with two units already renovated and 1 two-bedroom unit being delivered vacant at closing. The site also includes both covered and uncovered on-site parking, enhancing tenant appeal. Contact the listing broker for additional information.
1520 -1522 Hauser Boulevard is a classic 1927 Spanish-style fourplex in the heart of Mid-City Los Angeles, minutes from the Miracle Mile, Museum Row and Culver City. The two-story building offers four one-bedroom, one-bath units totaling approximately 3,312 square feet on a 6,750 square foot LAR2 lot. Unit 1520 1/2 will be delivered vacant, creating a rare opportunity for an owner-user to live in a character-filled unit while three in-place tenants help cover the mortgage. Investors benefit from the same flexibility: the vacant unit can be leased at market rent immediately. At the asking price of $1,450,000, the property is offered at $362,500 per unit and $438 per square foot, with a 15.68 GRM and 3.76% cap rate on current rents, and a 13.64 GRM and 4.68% cap rate at market rents.
2204 Carmona Ave is a one-of-a-kind, architectural non-RSO 5-unit (fourplex + ADU) just a five-minute drive from the coveted Culver City Arts District. This isn’t just new construction; it’s a statement of modern design and precision craftsmanship that redefines the luxury rental market. With bespoke finishes, meticulous attention to detail, and standout features like expansive rooftop decks with sweeping city views, this property offers a lifestyle experience far beyond the ordinary. Thanks to these superior features, the property achieved rents of $5,560, $5,200, $5,095, $5,304, and $1,648. The property consists of one spacious 4 bed/4 bath unit, three 3 bed/3 bath units,and a 1 bed/1 bath ADU. Each unit has been carefully designed with open layouts that maximize natural light, high-end finishes, closets with custom built-ins, and in-unit washer/dryers. Landscaped outdoor spaces and rooftop decks add another layer of appeal, creating inviting areas to relax or entertain with panoramic city views. Located in the heart of Los Angeles’ creative corridor, just minutes from the trendy Culver City Arts District, tenants enjoy access to some of LA’s most popular destinations, including Pasta Sisters, Platform, and the Helms Bakery complex. Built with cutting-edge materials and all-new systems, 2204 Carmona Ave is a low- maintenance, high-performing property designed to deliver long-term value. This property is separately metered for all utilities, meaning minimal operating costs, and features 11 on-site parking spaces to accommodate tenants with ease. This is more than a property—it’s a testament to bold design, superior craftsmanship, and a lifestyle that commands premium rents.
1029 Lord Street is a 2024-built single-family residence + attached ADU offering strong in-place income, modern construction, and exceptional flexibility just east of Downtown Los Angeles. The property features a 4-bedroom / 3-bath main residence and 3-bedroom / 2-bath ADU, totaling approximately 2,539 square feet. The main residence currently operates as a successful short-term rental, historically generating approximately $5,500–$6,500 per month with less than 9% vacancy and is fully booked for the next three months, while the ADU is currently leased for $2,780 per month. Offering multiple ownership strategies, a buyer can continue the existing short-term rental operation, transition the main residence to a traditional long-term rental, or potentially take delivery vacant for owner occupancy while retaining income from the ADU. This versatility creates an attractive opportunity for investors seeking immediate cash flow as well as owner-users looking to offset their housing costs with rental income. The property is thoughtfully designed with modern finishes, stainless steel appliances, central air and heat, in-unit laundry, two parking spaces, and separately metered utilities, providing the benefits and ease of newer construction. Ideally situated in L.A.’s Central Eastside, 1029 Lord offers convenient access to the DTLA Arts District, Downtown Los Angeles, Echo Park, Silver Lake and surrounding employment and entertainment hubs. With established income, newer construction, and multiple potential rental strategies, 1029 Lord offers a rare level of flexibility for its next owner.
156-158 E 101st St presents an attractive opportunity to acquire a 2-unit multifamily property in Los Angeles, offered at $999,999, reflecting a 6.01% current cap rate and 11.67 GRM. Built in 2018, the property features (2) spacious 5 Bed/3 Bath units, currently generating just over $7,000 in monthly scheduled rental income, along with 6 dedicated parking spaces. Offered at approximately $270 per SF, the property is priced well below replacement cost, providing an attractive basis for investors seeking strong in-place cash flow with limited maintenance requirements. The property is not subject to local or state rent control, providing the opportunity for future rental growth and increased income potential. Strategically located in Los Angeles, CA 90003, 156-158 E 101st St benefits from convenient access to major employment centers, retail corridors, and public transportation. The surrounding area continues to experience strong rental demand, making this an appealing opportunity for both current cash flow and long-term appreciation.
This eight unit apartment building is practically maintenance free. Ownership has installed new electrical breaker boxes and sub-panels, 80% of the plumbing has been replaced with cooper plumbing, the grounds are maintenance free. Six of the eight restroom have been upgraded. Six car garage is accessible from the alley. Constructed in 1940 the building is of solid construction with a appreciable architectural design. Comfortable walkways around the building, and some units have porches or balconies. Located one block north of Cesar Chavez Avenue, a few minutes away from public transportation and several fast food locations, and local coffee shops.
BUILT IN 2021 NOT SUBJECT TO LA CITY RSO PER SELLER ALL UTILITIES INCLUDING WATER PAID BY TENANTS SEPARATELY METERED FULLY PERMITTED ONE UNIT VACANT Built in 2021, this well-maintained duplex offers a great opportunity for investors and owner-users. Water, electricity, and gas are separately metered, and each tenant pays their own utilities, helping keep the owner's operating expenses very low and more low. The seller's regular monthly service expenses are only approximately $45 for pest control and $40 for gardening. The property features a spacious 5 Bed / 3 Bath unit and a 4 Bed / 3 Bath unit. The 5-bedroom unit is currently vacant, offering an excellent opportunity for an owner-user or the ability to lease it at current market rent. The property has been professionally managed and well maintained. Solar panels are installed. Great opportunity for an owner-user, investor, or 1031 Exchange buyer looking for a newer income property with separate utilities, low operating costs, and strong rental potential. Buyer to independently verify all property information, including rents, expenses, CAP rate, utility metering, rent control status, permits, square footage, and all investment calculations, and to conduct their own due diligence
FULLY PARKED 18 unit multifamily investment in City West, minutes from the Downtown Los Angeles core, with 22 on site parking spaces. The offering consists of two adjacent two story walk up buildings (412 and 416 Union Dr.) on a single R4 zoned parcel of approximately 0.38 acres, built in 1925 and totaling approximately 10,950 gross square feet. On site surface parking runs along the eastern boundary with a striped lot spanning the full southern edge of the site. Competing vintage buildings in the submarket offer street parking only or no parking at all, so a fully parked property leases faster and supports a rent premium on every turn. LARGE UNITS: the building area averages roughly 608 square feet per unit, well above the 450 to 500 square foot studios typical of competing vintage product nearby. The mix is 16 studios and 2 one bedroom units, all with one bath, with spacious floor plans that include separate full kitchens, generous closets, original hardwood flooring, ceiling fans, and wall heaters. A number of units have already received updated flooring, cabinetry, countertops, and bathroom fixtures, establishing the renovation standard a new owner can carry through the balance of the property. SIGNIFICANT UPSIDE: current rents average well below market, and three units will be delivered vacant at close of escrow for immediate renovation and releasing. Gross potential rent grows from $219,695 to a projected $366,000 on a fully stabilized basis, lifting net operating income from $130,358 to $218,772, the cap rate from 6.21% to 10.42%, and the GRM from 9.56 to 5.74. Offered at $116,667 per unit and $191.78 per square foot, approximately 19% below the average price per unit of the two most recent comparable sales in the 90017 zip code. Close to the Financial District, the Civic Center, the 110 and 101 freeways, and Metro rail and bus service. Buyer to independently verify all information.
7 units in Prime Koreatown west of Western Ave in a Walker's Paradise (92 Walk Score). A true value-add opportunity with 30% upside (8%+ cap at market), the asset is incredibly well positioned for an investor to steward to new heights with upgrades, unit turnover and potential ADUs. Priced at $192k per unit and a 5.6% cap rate, the offering represents an attractive basis well below replacement cost and competitive cashflow right out of the gate. Most of the upside is concentrated across three longer-tenured units, making the upside capture more manageable. This stretch of Gramercy Dr. is quiet with low density residential and single family homes mixed with mid-sized apartment buildings. Within just a few blocks, residents can enjoy an incredible array of dining, retail and entertainment options including The Wiltern Theatre, Western Plaza and Koreatown Plaza.
We are pleased to present 1177 W. 37th Place, a fully entitled, RTI ground up student housing development located approximately one-half block from the University of Southern California. This rare offering provides a developer or investor with the opportunity to acquire a shovel-ready, permit-ready project in one of Los Angeles' most supply-constrained and consistently performing rental submarkets. Current ownership has completed the time-consuming and capital-intensive work associated with architectural design, civil and structural engineering, construction documents, plan check, permits, and city approvals. An incoming buyer steps in at the finish line of the entitlement process, potentially avoiding an estimated 18 to 24 months or more of entitlement time and the associated discretionary risk. Subject to buyer verification and payment of any remaining permit fees, the buyer can pull permits and begin construction. The approved plans, prepared by California Development & Design Inc., call for a five-story, approximately 19,900-square-foot building consisting of four levels of Type V-A residential construction over a Type I-A podium with ground-level parking and a residential lobby. The project includes seven residential units plus a multi-level ADU, for eight units total, with 46 bedrooms and 39 bathrooms. Purpose-built for a rent-by-the-bedroom student-housing model, the fully sprinklered NFPA-13 building also includes rooftop open space, on-site parking income, and a low-income housing subsidy component.At stabilization, 46 bedrooms leasing at approximately $1,500 per bed, together with parking and subsidy income, are projected to generate approximately $860,400 in scheduled gross income and $599,690 in net operating income. At a 6.0% capitalization rate, the projected stabilized value is approximately $10 million. This represents approximately $1.55 million in projected value creation, an 18.3% development margin on total cost, and an approximate 7.1% return on cost before refinancing, rent growth, and long-term appreciation. All plans, permits, construction costs, rents, income, and return projections are estimates and should be independently verified by the buyer.
Great investment opportunity with this duplex offering flexibility for both investors and owner-occupants! Each unit is a roomy 2 bedroom and 1 bath. The front unit is in good condition and will be delivered vacant at the close of escrow, providing the new owner the opportunity to move in and update to their taste, or lease at current market rent. The rear unit is tenant-occupied and will be delivered with the existing tenant in place. The unit is in need of repairs and updating, offering and excellent value-add opportunity for investors looking to improve the property over time. With two separate units both with brand new roofs and plenty of potential, the opportunity is ideal for a buyer looking to build equity, generate rental income or create a long term investment.The property is being sold in its as is present condition, tenancy and all other aspects of the property.
2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park.The two-story building has the character of a vintage Spanish-style property, with a landscaped street presence, mature greenery, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property a unit mix that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference supports approx. 74% rental upside, with projected market performance of a 10.42% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park just over a mile from USC, USC Village, and Exposition Park. USC, USC Village, and Exposition Park are all approx. 1.1 miles away, placing campus employment, dining, retail, museums, sports, and major cultural destinations within a compact radius. Exposition Park includes the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art, while USC and USC Village bring year-round student, faculty, employment, and neighborhood activity to the surrounding area. 2717 S. Budlong Ave brings together a predominantly 2-bdrm. unit mix, substantial rental upside, and a location closely tied to both USC and Exposition Park. With current rents well below the market rents shown in the property's underwriting, there is also a clear path for income to grow over time.
Prime Investment Opportunity in Los Angeles! This 21-unit apartment building offers an exceptional investment opportunity in a highly sought- after area. The property features a well-rounded mix of spacious units, including 19 one-bedroom apartments, one two-bedroom unit, and a unique three-bedroom penthouse on the rooftop with its own private outdoor space, perfect for commanding top-tier rents. Located in a high-demand neighborhood, the building enjoys a strong occupancy rate and a steady stream of rental income. Tenants benefit from the convenience of nearby shopping, dining, and public transportation, enhancing the appeal of the property for long-term renters. With considerable potential for value-add improvements and rent growth, this asset offers a lucrative opportunity for investors seeking both stable cash flow and future appreciation. Don’t miss the chance to capitalize on this prime investment opportunity!
In the heart of historic Highland Park, 144 S Avenue 57 is a 1925 Spanish Revival fourplex coming to market for the first time in over two decades. One of the oldest neighborhoods in Los Angeles, Highland Park still carries the craftsmanship of its era and this two-story stucco building wears it well, crowned by a distinctive castellated parapet and red clay-tile coping that set it apart from the vintage Craftsman bungalows lining the street. The property sits within the Highland Park–Garvanza Historic Preservation Overlay Zone, helping preserve that character for years to come. The four units total approximately 3,541 square feet on a 4,312-square-foot lot, served by four (4) private garages, one assigned to each unit. Two units offer two (2) bedrooms and one (1) bathroom, and two offer one (1) bedroom and one (1) bathroom. Brick-paved rear garden, shaded by mature fruit trees offers nice outdoor space for a multi-unit property. Owner has taken pride on maintaining property with care! Tenant-occupied; please do not disturb the residents. Showings by appointment Only.
Excellent investment opportunity at 1662 S Hayworth Ave. This well-located four-unit property features a highly desirable unit mix with all four units offering two-bedroom floor plans. Situated on a generous lot, the property also includes detached garage space, providing additional functionality and potential for the property. A great opportunity for an investor looking to add a multifamily asset in a centrally located Los Angeles neighborhood with convenient access to nearby shopping, dining, employment centers, and major thoroughfares. All units are currently occupied. Drive by only. Please do not disturb tenants.
Two beautifully executed homes Delivered Vacant. One private, gated compound. A rare level of flexibility in one of central Los Angeles' most dynamic residential pockets. Set along a wide, quiet street in the West Adams/Jefferson Park area, this offers something increasingly hard to find: two completely detached, thoughtfully renovated residences on one expansive lot, each with its own privacy, function and identity. The property has been shaped with an unusual level of care. Rather than a quick renovation, the homes feel considered, with clean architectural lines, warm custom finishes, upgraded kitchens and baths, open living spaces, abundant natural light and a cohesive design language throughout. The result is a pair of residences that feel polished, current and genuinely turnkey. The front residence offers 2 bd and 1 bath, while the separate rear residence features 3 bd and 3 baths, creating two distinct and independent living environments. Separate addresses and individual meters add another layer of flexibility, making the property equally compelling as a private compound, an owner-user opportunity or a long-term investment. What separates Hobart is everything beyond the two homes. Behind the gates are generous off-street parking, private outdoor areas, low-maintenance grounds and approximately 660 square feet of additional garage and flex space. Currently providing substantial utility for workspace, business operations and storage, this structure opens an entirely different set of possibilities: studio, office, gym, creative space, workshop or potential future residential conversion, subject to applicable approvals. For multigenerational living, the configuration offers true independence under one ownership. An owner-user can live in one residence while the second creates meaningful rental income. Investors gain two detached, individually metered homes plus additional value-add potential. Entrepreneurs and creatives will appreciate the rare combination of residential space, secure parking and dedicated workspace. The location completes the story. Positioned within the West Adams and Jefferson Park community, the property sits in one of Los Angeles' most distinctive residential pockets, with convenient access to USC, Exposition Park, Downtown Los Angeles, Westside. This is far more than a traditional duplex. It is a thoughtfully designed two-home compound with multiple ways to live, work, generate income and grow into the property over time.
DELIVERED VACANT AT CLOSE—LIVE IN THE FRONT AND EXPLORE RENTAL INCOME POTENTIAL IN THE BACK! Situated on a corner lot in Boyle Heights, 1601 Pennsylvania Avenue presents an exciting opportunity for owner-occupants and value-add investors. Move into the 3 bed + 2 bath front house and explore how rental income from the two rear 1+1 accommodation could help offset your mortgage and ownership expenses. Reported as a duplex, the property features a front residence and a rear residential building on an approximately 6,300-square-foot lot with 2004 livable square foot. Vacant delivery gives buyers flexibility to plan improvements, personalize their home, and pursue a rental strategy without taking over existing tenancies. The rear unit has been divided into two separate living spaces without permits, offering buyers an opportunity to investigate legalization or reconfiguration, subject to City approval. A detached garage with existing plumbing provides another possibility for a future ADU conversion, subject to applicable requirements and permits. Whether you’re seeking a primary residence with supplemental income potential or an investment with room for improvement, this property offers a compelling starting point. Bring your vision, your contractor, and your plans to build long-term equity! Property will be delivered vacant at close of escrow. Represented as a duplex, not a permitted triplex. Buyer to independently verify square footage, permitted unit count, zoning, lawful rental use, and feasibility of legalization or ADU conversion. Additional units and rental income are not guaranteed; rent may not cover the mortgage or ownership expenses.
RARE VACANT FOUR-UNIT DEVELOPMENT OPPORTUNITY IN LINCOLN HEIGHTS! Exceptional opportunity to acquire a vacant four-unit multifamily property situated on an approximately 14,000 SF lot across two adjoining parcels. The property features four 1-bedroom/1-bathroom units, totaling approximately 2,805 Sq ft of existing building area. Delivered vacant, the property provides immediate flexibility for investors, owner-users, or developers without the complexities of tenant relocation.A significant component of the opportunity is the property's inclusion in the Darwin Apartments development, featuring RTI-approved entitlements for a 70-unit affordable housing development with approximately 36,507 SF of proposed floor area across five stories. Conveniently located in Lincoln Heights with access to Downtown Los Angeles, major transportation corridors, shopping, dining, and neighborhood amenities. A rare combination of a vacant four-unit property, approximately 14,000 SF of land, and substantial development potential.Buyer to independently verify all zoning, entitlements, development potential, unit count, square footage, permitted uses, and development plans with the City of Los Angeles.
PRIME INVESTMENT OPPORTUNITY IN BOYLE HEIGHTS! Turn-Key Double-Income Duplex with Exceptional Cash Flow & Wealth-Building Potential! Welcome to a rare, multi-generational real estate gem perfect for seasoned investors or smart buyers looking to live for free while tenants pay the mortgage! This legal duplex lot features TWO separate standalone structures on a single parcel, with independent utility meters for seamless, hassle-free management. ?? THE INCOME PRODUCER (Front House - 1231 S Rowan Ave): • Current Rental Income • Layout: A cozy, well-maintained 2-Bedroom, 1-Bathroom home (approx. 590 sqft). • Value: Provides immediate, guaranteed cash flow from day one of closing! ? THE CROWN JEWEL (Rear Unit - Brand New Construction ADU): • Status: Brand New Construction (Final Pass March 2026), built to premium modern standards by a licensed builder. • Layout: Massive 4 Bedrooms, 4 Bathrooms spread across 3 levels of luxury living space (2,273 sqft). o 1st Floor: 1 Bed / 1 Bath o 2nd Floor: 1 Bed / 1 Bath o 3rd Floor: 2 Beds / 2 Baths with a private terrace facing stunning East/South/West triple-exposure views. • Bonus Amenity: An ultra-rare 4-Car Attached Garage under the building—a premium luxury that is nearly impossible to find in Los Angeles! ?? LOCATION, EMPLOYMENT & LIFESTYLE: Nestled in a highly desirable, high-rental-demand pocket of East Los Angeles, this property offers an unbeatable location for commuters and professionals: • Unrivaled Commuter Access: Minutes from major freeways including the 60, 5, and 710, offering a quick, seamless commute across LA County. • Employment Hubs: Just a stone's throw from Downtown Los Angeles (DTLA) financial district, and walking distance to a dense medical employment hub including East Los Angeles Doctors Hospital and Los Angeles Community Hospital, ensuring a constant pool of high-quality, professional tenants. ?? INVESTOR & BUYER PERKS: • House Hacking Dream: Move into the spectacular, brand-new 4BR rear home and let the front unit heavily subsidize your mortgage, or rent out both for a high-cap-rate addition to your portfolio. This is a rare, stable income generator in a rapidly growing LA market. Don’t miss out—schedule your private tour today! • Property Sub Type: Duplex / Multi-Family • Structure Type: Multi-Family / Standalone Units • Number of Units: 2 • Separate Meters: Yes (Gas / Electric / Water)
Los Angeles is located in California. Los Angeles, California has a population of 3,902,440. Los Angeles is less family-centric than the surrounding county with 29.48% 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 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 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.
