IT'S TIME...to take ownership of this terrific 4-unit investment property (single free-standing home + 3 units; 6 BR/4 bath total). IT'S TIME...for an actual non-fictional, no-hype, priced-to-sell, Silver Lake/Virgil Village adjacent, income producing property to hit the market. IT'S TIME...for an owner/user, investor OR experienced real estate guru to find a smooth opportunity in a neighborhood engaged with new development and exciting energy. IT'S TIME...for said owner/user OR guru to receive this investment property with two of the four units VACANT and ready to rent. IT'S TIME...to never worry again about a late charge for returning books back to the library (?!!) - simply lob them over the fence to the beautiful next-door Cahuenga Branch Public Library (a designated Historic-Cultural Monument listed on the National Register of Historic Places). IT'S TIME...for a (buyer) broker to work with another experienced (listing) broker where BOTH can enjoy the professional camaraderie of buying & selling real estate. IT'S TIME...for Fall, cooler weather, and a little elbow-grease + love to make this hard-to-find property your own piece of LA.
Discover this exceptional opportunity with a well-maintained duplex offering versatility and potential in one of the city's most sought-after neighborhoods. Each unit features 2 bedrooms and 1 bathroom, providing a perfect setup for those looking to live in one unit while renting the other or capitalize on the property's investment potential. With an option for ADU conversion on the detached two-car garage, the possibilities are endless. Inside, both units are tastefully designed with original hardwood floors that lend warmth and character throughout the living spaces. The kitchens and bathrooms have been thoughtfully updated, blending modern functionality with classic charm. Large windows allow an abundance of natural light to flood each unit, creating bright and airy interiors. Each unit has a private backyard oasis, featuring lush gardens and inviting patio spacesideal for outdoor dining, relaxation, or entertaining. The property offers a detached two-car garage with ample storage space, along with additional off-street parking in front. Each unit is independently metered for gas and electricity and has its own water heater, providing convenience and autonomy for occupants. Currently tenant-occupied, this duplex offers immediate rental income and the flexibility to personalize and expand in the future. Whether you're looking to create a home with an income stream or explore potential development with an ADU, this property presents a rare chance to invest in a vibrant and growing community.
Presenting a great opportunity to own a duplex, both units will be DELIVERED VACANT. Each unit offers 3 spacious bedrooms and 2 modern bathrooms, complemented by updated kitchens that are perfect for entertaining. A bonus storage area is conveniently located next to the back unit, enhancing functionality. With ample parking available, you'll never have to worry about parking. This property seamlessly blends comfort and convenience, making it an ideal choice for families or investors. Its prime location places you near shopping centers, Sofi Stadium, Intuit Dome, downtown Los Angeles, and USC, allowing you to fully embrace the vibrant lifestyle of the city. Don't miss this fantastic opportunity—schedule your appointment today to make this property your own.
This great income property nearby USC and Downtown Los Angeles is 2 homes on 1 lot zoned LAR2. A total of 3,340 SF (4 bedrooms and 7.5 baths) on a 7,506 SF lot. The 6.3% cap rate is based on the current income with full occupancy and the asking price of $1.45m. The front unit consists of 4 beds and 3.5 baths plus a den. The back unit was built in 2008 and has 4 studio units. One studio unit to be delivered vacant. Gated parking and laundry on site.
We are pleased to present a rare non-RSO investment opportunity with the sale of 8307 S. Figueroa Street, a 9-unit multifamily property nestled in the Vermont Knolls neighborhood of South Los Angeles. Constructed in 1991, this newly painted three-story building offers an expansive 7,584 square feet of rentable space stands on a generous 7,499 square-foot lot zoned LAC2-1VL-CPIO as well as a Tier 2 TOC Bonus. 8307 S. Figueroa features a unit mix of exclusively 2-bedroom units, including eight 2-bedroom/1-bathroom units and one 2-bedroom/1.5-bathroom unit. With an average rent of $2,160 per unit, there is a notable rental upside potential of approximately 30%. Investors will benefit from the ability to raise rents 5% + CPI annually, which is currently 8.9% and capped at 10%. Security and convenience are paramount, with features such as each unit benefiting from individual water heaters and separate metering for gas and electricity, gated controlled access, and an on-site parking lot with 18 dedicated spaces that are exempt from earthquake & seismic retrofitting. This property offers an excellent investment opportunity in a vibrant and densely populated submarket of South Los Angeles, where demand for rental units remains exceptionally high. Prospective buyers are advised to confirm all building records and data to ensure accuracy. Strategically located just north of Manchester Avenue and east of South Vermont Avenue, the property enjoys seamless connectivity to the 10 and 110 Freeways, facilitating convenient access to all corners of Greater Los Angeles. Tenants are also within a short distance to multiple bus stops along Figueroa St. and Manchester Blvd.
Beautiful triplex located exactly 3 blocks away from the steps of USC’s Campus.
This is a Classic Craftsman style duplex, which has a mirrored layout to each other. Both units share a fenced front yard with an expansive front porch. These units are minutes away from USC, Exposition Park and Downtown Los Angeles. In addition the attic has been converted to a small living quarter.
The Woodbine Manor, a two-story walk-up apartment complex built in 1954, offers a rare investment opportunity for the discerning buyer. It features Six large 2-bedroom + 2-bathroom units and Fourteen 1-bedroom + 1-bathroom units, totaling 20 highly desirable units. The property comprises two buildings, spanning a combined 15,543 sq. ft. on a three-parcel lot totaling 23,092 sq. ft, with an impressive Walk Score of 80. The Woodbine Manor is near Fox and Sony Studios, Griffin Club, Century City Mall, Cheviot Hills Recreation Center, and Rancho Park Golf Course. Ample public transportation and parking make commuting easy, with short travel times to Palms, Beverly Hills, Century City, Playa Vista, and Marina del Rey. The Woodbine Manor is an exclusive investment opportunity available to purchase for the first time in over 40 years.
Walking distance to Wilshire for the tenant. This is a great no frills “newer” building, just south of Wilshire. Solid rental area. Great potential for increased rents. Well maintained unit with subterranean parking for tenants. Elevator to all floors. Center hallway plan. 16 parking spaces. Leased laundry machines on each floor. Each unit has its own hot water heater. AT&T entry system. Property is serviced with Spectrum for internet. Wall unit heating and Air conditioning.
This property offers a prime opportunity for investors to expand their portfolio with a well-located 4-plex in a highly sought-after area. Developers will also find significant potential to maximize the land’s value by constructing a multi-story building, making the most of the high demand for properties in this vibrant location.
Fantastic investment in a great location with great upside potential. These 4 units are close to Playa Vista, Marina del Rey, Silicon Beach and much more. There are 2 parking spaces in the back and ample street parking. One of the 2BR is completely remodeled (2023). Marble kitchen countertop, tile bathroom, 3 mini splits (one in each bedroom and one in living room), recessed lighting and furnished (It had been vacant but it's currently leased)There is a laundry facility on premises. One of the one bedrooms has a bonus room that may be used as an office. Buyer to do his/her own due diligence/investigation, inspections etc. All information has been secured from sources we believe to be reliable, however, we make no representation or warranties expressed or implied as to the accuracy of the information. Property sold AS IS
This spacious duplex in South Los Angeles features two (4 bedroom 2 bath) units and an attached two-car garage. Each unit is two stories high and is nearly identical in the layout to the other. The units offer very generous living spaces--perfect for large and/or multi-generational families. Both units have interior washer and dryer hook-ups, central heating, and separate electric and gas meters. The ample lot has a long driveway with alley access, allowing for multiple vehicle parking for each unit, and and RV potential. The building has undergone recent upgrades including new tankless water heaters, window screens, new toilets and freshly installed turf with a fully functioning sprinkler system. Recent repairs are in compliance with a current City of Los Angeles inspection. This 2014 build is NOT rent controlled and is located within an Economic Development Program Opportunity Zone. This property has nearby freeway access, and is walking distance to local restaurants and small businesses. This property generates steady rental income and has room to increase rents to current market rates, making it a lucrative investment. This is an excellent opportunity to either add to a rental portfolio or for an owner-occupant buyer.
Prime Investment Opportunity! This unique triplex consisting of two structures both with brand new roofs! The front structure is a formal two-story 3 bedroom/ 2 bath home. Nicely renovated with laminate flooring downstairs, new countertops, new wall AC units professionally installed, brand new lighting fixtures, brand new kitchen sink and all new appliances included. Across the courtyard you will find the 2 rear units, one a functional ground floor studio and the 2nd a 2 bedroom1 bath upstairs unit. 3 car garage access in the rear. This property offers it all! All interior shots have been digitally staged
Uncover Your Ideal Home or Investment Opportunity in HollywoodUnlock the potential of this beautifully updated Multi-Unit property, perfectly situated in the vibrant heart of Hollywood. Just steps away from premier shopping, theaters, and the iconic Hollywood Blvd, and Griffith Observatory this property offers unmatched convenience and an enviable urban lifestyle.Main House: This charming 2-bedroom, 1-bath residence features a newly remodeled kitchen and an upgraded bathroom with a luxurious glass-tile shower and separate tub and upgraded floors.Enjoy the warmth of a classic fireplace, along with modern updates including new windows, fresh interior and exterior paint, and a practical laundry room. The versatile bonus room provides additional space for personal use or creative projects.Additional Units:The property includes a detached 1-bedroom, 1-bath house with its own kitchen, ideal for generating rental income or accommodating guests. Additionally, a separate recreational room offers extra space for leisure activities or hobbies, adding further value.Outdoor Space:The expansive yard is a serene retreat, highlighted by a variety of fruit trees including mango, avocado, lime, and orange, enhancing both aesthetic appeal and functionality. The property is securely gated with wrought iron fencing, ensuring privacy and charm.This Hollywood gem seamlessly blends modern amenities with a prime location and lush outdoor space. Whether you're seeking a new home or a strategic investment, this property offers a rare combination of features and potential. Don't miss out--schedule your tour today!
Welcome to Country Club Park! Overall, the area north of Pico Boulevard and west of Arlington Avenue, including 3rd, 4th, and 5th Avenues, is a historically rich and culturally diverse neighborhood with a strong sense of community and a mix of architectural styles that reflect its development over time. You will not want to pass this Quadplex up for sale. First time on market in over 30 years! Really well maintained, spacious, quaint 2BR/1BA apartments with 3 Vacant units at COE. Each unit has built-ins such as shelving, hutches, faux-fireplaces and more. Each apartment has it's own private garage in the rear. Side entry access for convenience and one of the units has a private patio space. There is a community coin op washer/dryer. Backyard space with a tree for shade and outside quiet enjoyment. With the exception of one of the units that has a long term tenant they have been updated while maintaining the character of the era it was built. Access to tenants' unit shall be granted with accepted offer. Please DO NOT disturb occupants. Call Listing Agent for details! Drive by only!
COPPER PLUMBING & SOFT-STORY RETROFIT COMPLETED...Fantastic 8-unit investment property located in the up and coming Rampart Village neighborhood, directly adjacent to Silverlake, Echo Park and Koreatown. The well-maintained mid-century apartment complex, built in 1960, offers a total of 4,446 square feet of living space on a 6,878 SF lot zoned R3, with a strong unit mix of (6) 1-bedroom/1-bath units and (2) 2-bedroom/1-bath units. The building features several recent upgrades: all above ground plumbing was replaced with copper, both soft-story retrofits were completed in 2018, the water heater was replaced in 2019, the driveway was recently re-paved, and all 9 seismic gas shut-off valves have been installed. The roof has also received regular annual maintenance. While the property is comprised of longer term tenants, about half of the units have been upgraded with new kitchens. There are two tuck-under parking areas at the front and back of the building with 12 spots in total (8 spots without tandem parking). The property is also separately metered for gas & electric. Lastly, there's an on-site laundry room which provides additional monthly income. The building has been under the same ownership for over 11 years and there is still 42% upside in rental income remaining. The property's various system upgrades and longer term tenants, combined with its excellent location near trendy neighborhoods and vibrant cultural hubs, make this a fantastic investment opportunity.
COPPER PLUMBING & SOFT-STORY RETROFIT COMPLETED...Fantastic 8-unit investment property located in the up and coming Rampart Village neighborhood, directly adjacent to Silverlake, Echo Park and Koreatown. The well-maintained mid-century apartment complex, built in 1960, offers a total of 4,446 square feet of living space on a 6,878 SF lot zoned R3, with a strong unit mix of (6) 1-bedroom/1-bath units and (2) 2-bedroom/1-bath units. The building features several recent upgrades: all above ground plumbing was replaced with copper, both soft-story retrofits were completed in 2018, the water heater was replaced in 2019, the driveway was recently re-paved, and all 9 seismic gas shut-off valves have been installed. The roof has also received regular annual maintenance. While the property is comprised of longer term tenants, about half of the units have been upgraded with new kitchens. There are two tuck-under parking areas at the front and back of the building with 12 spots in total (8 spots without tandem parking). The property is also separately metered for gas & electric. Lastly, there's an on-site laundry room which provides additional monthly income. The building has been under the same ownership for over 11 years and there is still 42% upside in rental income remaining. The property's various system upgrades and longer term tenants, combined with its excellent location near trendy neighborhoods and vibrant cultural hubs, make this a fantastic investment opportunity.
**** INCREDIBLE 5.8% CAP RATE **** 2150 - 2154 S West View is a premium 3 units 2020 built triplex consisting of a massive 15 bedrooms and 15 Bathrooms. Units 2150 consists of +- 2,439 SF 3-story 5b/5b SFR a 3-story duplex made up of 2 townhome style units (5b/5b’s). Unit 2152 +-1,819 SF & unit 2154 a +-1727 SF. NO RENT CONTROL! Live a life of luxury. This fully loaded triplex boasts: washer & dryers, stainless steel appliances, balconies with stunning views, European kitchen cabinets, 9' ceilings, walk-in showers, top-notch back framed windows, convenient built-in storage, 100% waterproof flooring and spacious, open floorplans. You’ll also find some stand-out features that many other new constructions don’t provide pre-wired cable and internet in every room, a 2-camera HD security system w/ TV monitor, a motorized security driveway gate, 7 parking spaces (4 garages+3 exterior) minimal maintenance, and separate meters for gas, water & electric! Located 5 minutes from Culver City and the countless hotspots in the area, including the trendy Helms Bakery District!
*** FIXER, FIXER, FIXER *** " Property in need of a complete overhaul, buyers who want a project with HEAVY lifting desired. " Two stand along buildings on an R3 zoning lot with great potential to tear down and re-build or renovate and expand existing units, high demand area for housing, strategically located near metro rail, public transportation, retail shopping, supermarkets, banking, restaurants, freeways and a lot more. It's a perfect addition to your portfolio or buy and hold and hedge against inflation. The market is moving again take advantage of the low interest rates, make your move now you will not be disappointed.
This property is a well-maintained multi-unit, featuring two spacious 4-unit buildings, each consisting of 1-bedroom, 1-bathroom apartments. With eight total units, this income-generating property is in excellent condition, boasting clean interiors, quality appliances, and energy-efficient features. Each unit offers an open-concept living area with ample natural light, a fully equipped kitchen, and a comfortable bedroom with plenty of closet space. The property includes well-kept common areas, on-site parking, and landscaped surroundings. Ideal for investors looking for a turnkey property with low maintenance and strong rental potential. Please note that 553 & 557 W Imperial HWY are being sold together.
This property is a well-maintained multi-unit, featuring two spacious 4-unit buildings, each consisting of 1-bedroom, 1-bathroom apartments. With eight total units, this income-generating property is in excellent condition, boasting clean interiors, quality appliances, and energy-efficient features. Each unit offers an open-concept living area with ample natural light, a fully equipped kitchen, and a comfortable bedroom with plenty of closet space. The property includes well-kept common areas, on-site parking, and landscaped surroundings. Ideal for investors looking for a turnkey property with low maintenance and strong rental potential. Please note that 553 & 557 W Imperial HWY are being sold together.
Los Angeles is located in California. Los Angeles, California has a population of 3,949,776. Los Angeles is less family-centric than the surrounding county with 30.49% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.