DELIVERED FULLY VACANT! OPPORTUNITY ZONE! Outstanding duplex with prime value add potential located at 1242 Fedora Street in the highly desirable Pico-Union area of Los Angeles. This property presents a unique investment opportunity, situated on a 5,908 square foot lot with two non-conforming 3-bedroom, 2-bath units. Title reflects a total of 3 bedrooms and 2 bathroomsbuyer to verify all details. Perfect to build additional ADU for immediate income. Additionally, the property comes with an approved redevelopment plan and permits worth approximately $70,000, already paid for by the sellers, offering an immediate advantage for those looking to build to maximize potential. The proposed plan features a 4-unit property, with each unit consisting of 4 bedrooms. Every unit has been carefully designed with a thoughtful and efficient layout, appealing to tenants and encouraging quick leasing decisions. Located in the bustling neighborhood of Koreatown, this site places you at the epicenter of everything from the vibrant energy of Downtown LA to the glamour of Beverly Hills.
Amazing investment opportunity at 1215 Elden Ave! This multifamily property features 7 units across two well maintained buildings, including a front building with 6 x 1 Bed+1 Bath units and a spacious 6-bed + 6-bath single-family residence in the back. The back single-family home has been extensively rebuilt from the ground up with new engineering design and permits completed in 2017/2018. The front building electrical wiring installed in 2015, and 4 out of the 6 units have been beautifully remodeled in 2017/2018. With a gross operating income of approximately $164K and a NOI of $111K, this property offers a solid 5.7% CAP rate and 11.9 GRM, showcasing strong income potential with significant upside and value-add opportunities. Situated in the prime Koreatown area, residents will enjoy a vibrant neighborhood filled with trendy restaurants, nightlife, and easy access to public transportation.
Discover this well-maintained 9-unit property located in the desirable West Adams area. Situated on a large 7,402 SF lot, this property offers a total of 4,724 SF of living space, featuring a strong unit mix of (2) 2-bed/1-bath units, (4) 1-bed/1-bath units, and (3) studio units. Priced competitively with a 3.98% CAP rate and a 14.99 GRM on current rents, this property also presents significant upside potential with 71% rental upside and a market CAP of 8.46%. Located in a prime West Adams location, with easy access to Downtown, West Hollywood, Century City, and Culver City, this property represents an outstanding investment opportunity in a growing market with long-term appreciation potential.
We are pleased to offer for sale this vacant SB-8 exempt, corner lot development opportunity (Zoned C2) located in the vibrant Crenshaw district of Los Angeles. This 7,750 SF lot comes with Ready-to-Issue (RTI) plans for three (3) duplexes and four (4) Accessory Dwelling Units (ADUs), for a total of ten (10) market-rate units. The investment falls within an Opportunity Zone, excellent for tax benefits, and well located in one of LA's most dynamic and rapidly evolving neighborhoods, 0.3 miles from the Metro K-Line, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd. The property is situated on a picturesque palm tree-lined street, surrounded by low-rise residential buildings, creating an attractive and community-oriented environment. This location offers the best of both worlds - a quiet residential feel with proximity to major urban developments and cultural landmarks. This offering presents a rare opportunity to develop a modern, multi-unit property in an area that combines rich cultural heritage with forward-looking urban planning. Notably, this project is exempt from SB-8 regulations, providing developers with greater flexibility in design and unit allocation. This exemption allows for potentially higher density and more creative use of space, maximizing the property's potential in this rapidly evolving market. The project is well-positioned to meet the growing demand for quality housing in this vibrant and up-and-coming area of Los Angeles, while benefiting from reduced regulatory constraints. The front duplex will feature two (2) 3+3 units, the middle duplex will feature a 3+2.5 unit and a 4+4.5 unit, and the rear duplex will feature two (2) 3+3-units. Each duplex features a recreation room that is designed to be converted to an ADU after the Certificate of Occupancy.
We are pleased to offer for sale this vacant SB-8 exempt, corner lot development opportunity (Zoned C2) located in the vibrant Crenshaw district of Los Angeles. This 7,750 SF lot comes with Ready-to-Issue (RTI) plans for three (3) duplexes and four (4) Accessory Dwelling Units (ADUs), for a total of ten (10) market-rate units. The investment falls within an Opportunity Zone, excellent for tax benefits, and well located in one of LA's most dynamic and rapidly evolving neighborhoods, 0.3 miles from the Metro K-Line, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd. The property is situated on a picturesque palm tree-lined street, surrounded by low-rise residential buildings, creating an attractive and community-oriented environment. This location offers the best of both worlds - a quiet residential feel with proximity to major urban developments and cultural landmarks. This offering presents a rare opportunity to develop a modern, multi-unit property in an area that combines rich cultural heritage with forward-looking urban planning. Notably, this project is exempt from SB-8 regulations, providing developers with greater flexibility in design and unit allocation. This exemption allows for potentially higher density and more creative use of space, maximizing the property's potential in this rapidly evolving market. The project is well-positioned to meet the growing demand for quality housing in this vibrant and up-and-coming area of Los Angeles, while benefiting from reduced regulatory constraints. The front duplex will feature two (2) 3+3 units, the middle duplex will feature a 3+2.5 unit and a 4+4.5 unit, and the rear duplex will feature two (2) 3+3-units. Each duplex features a recreation room that is designed to be converted to an ADU after the Certificate of Occupancy.
*Built in 2021: 27 luxury units with in-unit washer and dryer *Priced below replacement cost at $488 PSF and under $417K per unit *5.3% cap rate and 5.7% cap rate at proven market rents *One-block away from the Metro Expo "E" Line Farmdale Station, providing tremendous access to DTLA, Culver City, and Santa Monica *Incredible micro-location with five brand-new buildings on the block *Strong demographics with average household income over $100K and average housing value over $1.4M (three-mile radius) *Rents shown are averages based on in place rent as of Nov. 1, full rent roll in OM; see Agent Remarks for property website.
This is a RARE opportunity to own a stunningly renovated, FULLY VACANT TRIPLEX in the prestigious Hollywood Hills, perfect for both an owner-user or savvy investor. This spacious poolside property, generating an estimated annual income of $201,600, balances tranquility and urban convenience. Just minutes from Hollywood's heart, the Hollywood Bowl, and the iconic Sunset Strip, it offers the best of both worlds. Residents will enjoy exclusive hillside access, ensuring minimal noise and foot traffic while staying close to top attractions. Each unit has been newly renovated and meticulously maintained, offering a pristine, blank canvas for the new owner. The property boasts ample parking with a two-car garage and long driveway. Don't miss your chance to own a piece of sought-after Hollywood Hills real estate and unlock the full potential of this exceptional triplex.
Prime DUPLEX Investment & Owner-Occupancy Opportunity in PicFair Village. 1436 & 1438 S Spaulding Avenue is located just steps from Pico and Crescent Heights, this duplex offers a unique blend of charm, versatility, and significant investment potential. Situated on a 10,404 sq. ft. lot, the property is ideal for owner-occupants, investors, or developers looking to capitalize on the area's rapid growth. Spacious Duplex: Each unit spans approximately 1,500 sq. ft., providing flexible and comfortable living spaces. The top unit is currently occupied on a month-to-month lease, offering immediate rental income, the bottom unit will be delivered VACANT and ready for occupancy, perfect for an owner or new tenant. Bonus Studio Unit: The lower unit includes a separate basement studio with its own entrance, bathroom, and kitchenette, making it ideal for guests, additional rental income, or a private workspace. ADU Potential: With over 10,400 sq. ft. of land, this lot is ideal for further development. There’s potential to add two additional ADUs and convert the existing garage, which already has a new roof. Additional ADUs offer significant future income potential and value growth. Ample Parking: Rare for Los Angeles, this property includes a 3-car garage plus additional parking for 8 or more vehicles, making it highly desirable for residents and tenants alike. Development Potential: Beyond the ADUs, the expansive lot offers substantial upside for further development in a neighborhood that continues to increase in value. PicFair Village: Known for its central location and blend of historical charm with modern amenities, PicFair Village is one of Los Angeles' most up-and-coming neighborhoods. The area is undergoing revitalization along Pico Boulevard, attracting trendy cafes, restaurants, and boutique shops. Residents enjoy easy access to major shopping and dining hubs and proximity to top-rated schools, making it a sought-after location for many buyers. Why This Property? Whether you’re looking to live in one unit while generating rental income from the other, invest in a high-demand rental property, or develop a multi-unit building, 1436 & 1438 S. Spaulding Ave offers endless possibilities. With PicFair Village rapidly gaining in popularity, this duplex is a smart investment in the neighborhood’s bright future.
One for your real estate portfolio! Great opportunity to own a fabulous 6 unit investment property in historic West Adams in South L.A.. Huge upside potential! Centrally located near USC, USC New Village, DTLA, Koreatown and Mid City. Spacious units - four units are 900 SF with 2 Bed/1Bath and two units are 700 SF with 1 Bed/1Bath. Each unit has its own water heater and are individually metered for electricity and gas. Building has newer roof and updated sewer, electricals, copper plumbing and double pane windows. Community coin operated laundry for added income. Each unit comes with one parking space - gated parking. There is also ample street parking. There is a side garden for tenant use. Some units have been recently updated.
There is a pride of ownership for this European village style complex with all amenities and upgrades located one block north of the 101 freeway in the highly sought for Silverlake/Echo Park area of Los Angeles. This stunning seven-unit income property with maintained landscape consists of a two level quadruplex, a single level duplex, and a single level family residence. A remote controlled wrought iron gate opens to a driveway leading to the rear towards the parking area. Each unit has one bedroom, one full bathroom, and one assigned uncovered parking space. Through the years, the owner has continued to make meticulous improvements to include upgrades to each unit which currently has AC/Heating mini-split system, and own in-unit washer and dryer. In addition, they all have hardwood floors, recessed lighting, and stainless steel appliances. The two upper units of the quadruplex have a balcony, but each unit has some outdoor private space.
Location, Location, Location! Convenient to shopping, school, transportation, healthcare and lots of food places. Easy for renting, as it is located in the highly desirable Franklin Hills area and adjacent to the John Marshall High School. This The property features two (2) units plus added value of (1) large space in the back. Parking: garages and street parking. Each unit has its own laundry area + hookups for safety and convenience. Downstairs unit has open floor plan with living room, dining room w/garden view, gated outdoor garden and deck/patio area. Upstairs unit has 3 bedrooms, extra den, large kitchen, dining room and great tree top views. Extra free-standing cottage style space with shared outdoor covered patio area and yard. This property offers much privacy with lush landscape in front and security gate. Bring your buyers to explore this opportunity for investment.
Live in One, Rent the Others: Boyle Heights Income Opportunity. Discover the perfect blend of homeownership and income generation in this well-maintained, three-unit property nestled in the desirable and up-and-coming area of Boyle Heights. This unique opportunity allows you to live in the spacious main house while renting out the additional units for substantial passive income. Main House (Delivered Vacant)3 generous bedrooms 2 modern bathrooms Rental Units 2 units, one delivered vacant each featuring: 2 bedrooms 1 bathroom Bonus Unit Additional income potential This property shines with its clean, well-maintained interiors, ready for your personal touch. Don't miss the chance to secure your piece of Boyle Heights and start building wealth through real estate. Ideal for homeowners looking to offset their mortgage with rental income. These units has substantial upgrades to include newer copper plumbing throughout as well as some upgraded electrical. A definite must see.
Discover your Silverlake dream with this fully vacant duplex that's ready to become your urban sanctuary! Perfectly positioned to make homeownership both exciting and affordable, this gem offers a unique opportunity to offset your mortgage by renting out one of the two stylish units. Tucked behind a private, gated entrance, this lushly landscaped retreat features a front unit with two bedrooms and two bathrooms, recently remodeled to offer a fresh, contemporary vibe. The upgraded bathrooms, well-appointed kitchen, and spacious bedrooms provide a cozy, creative haven to call your own. The back unit mirrors the charm of the front with an equally delightful kitchen, open floor plan, and generously sized bedroom. Below both units, a massive bonus space awaits your imagination. Currently a music studio but equally suited for a pilates studio, home office, or playroom. Step outside to an expansive backyard that's perfect for hosting epic gatherings, enjoying serene afternoons, or envisioning your own personal paradise. With parking for three cars and ample space for whatever your heart desires, this duplex is truly a win-win. Located just minutes from Target, Cafecito Organico, Erewhon, Sqirl, Bellevue Rec Center, and a plethora of eateries and drinking spots, you'll be at the epicenter of Silverlake's vibrant scene. This is more than just a home; it's a lifestyle waiting for you to step into.
Opportunity knocks- excellent investment opportunity!! Charming triplex on a corner lot located on the West Side of Loa Angeles. All three units are in good condition and have been well maintained. The front occupied 2 bedroom/1 bath unit is currently being leased for $2,000/month. The middle 1 bed 1 bath unit is currently being leased for $1,400. The back unit is currently owner occupied. The property includes a three car garage that provides covered parking and/or endless storage space. Wood floors, copper piping, roof is 20 yrs old. Laundry hookups located in garage. This property is in a prime location, close to shops and restaurants. Also located within proximity to Sony Studios, Amazon, Apple and Google. If you are looking to take part in outdoor activities, just steps from your door is a bike path that takes you all the way to the Pacific Ocean just over 2 miles away. Enjoy proximity to Marina, Venice, Playa Vista, and Silicon Beach! experience the endless possibilities and the irresistible allure of this Westside treasure! Don’t miss your chance in seeing this rare investment opportunity in a sought after neighborhood on the West Side. Schedule your private viewing today and seize the moment to make this exceptional property your own!
Multi-family home with three separate detached units. First Unit 5141 Oakland: 2 bedrooms and 1 bath. Second Unit 5141 1/2 Oakland: 1 bedroom 1 bath. Third Unit 5143 Oakland: 1 bedroom 1 bath. Each unit has own separate entryway. Walking distance to supermarket, bus stations, and all amenities in the neighborhood. Buyer to perform own due diligence and verify square footage.
Fantastic Investment Opportunity in a prime South LA location! Welcome to this impressive duplex that offers amazing potential for investors or owner occupants. One unit (left) will be delivered vacant making it an ideal opportunity for an owner-occupant looking to supplement their mortgage. This duplex, with its Spanish tile accented roof and brick entry into both units, sits behind a beautiful wood fence. These units mirror each other, each with 2 bedrooms and 1 bath. The living room is open and bright with a decorative fireplace. A wide arch separates the living room and dining area. Right off the main kitchen area is a cozy eating space, ideal for those quick meals. Both nice-sized bedrooms are located at the rear of the units. Both bedrooms have wall air conditioning units. The utmost rear bedroom has direct access to the bathroom. The service porch has laundry hook-ups. Each unit has their own backyard. Tenant's unit has a glass slider out to their backyard. Offers due by Monday, 9/16, 9:00am.
This beautifully remodeled duplex lives best as a single-family home with guest apartment. The classic Spanish Colonial home's gracefully arched front entrance opens to a flowing living and dining space that features an open, well-appointed kitchen. Two sets of 8' French doors open to a backyard oasis with a fountain and koi pond, along with a trellis-shaded outdoor dining and living area with a woodburning Batchelder fireplace and freestanding orchid greenhouse. The luxurious primary suite offers a study, walk-in closet, bath with separate vanities, tub and shower and a balcony overlooking the outdoor living space. Offering added flexibility for living and entertaining, the home includes a one-bedroom guest apartment with a living and dining space, a full kitchen, stackable laundry and a private balcony (this space currently serves as the owner's home office). All rooms feature large windows for abundant natural light, and the driveway leads to a gated motor court and three-car garage. The home and property have been featured in numerous commercials, film and television productions and photo shoots. Designed to deliver the ultimate space for living and entertaining, this classic home is a must see.
We are pleased to present for sale 3820 City Terrace Drive, a charming 4-unit multifamily property built in 1985, situated on a large lot in the thriving City Terrace neighborhood of Los Angeles. With a 52.83% potential increase in rental income, this property is an appealing opportunity for investors. This well-maintained property features an ideal unit mix of two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, totaling 2,440 square feet of living space. Situated on a spacious 14,027-square-foot lot, the property includes eight parking spaces, offering the potential for additional income through the addition of Accessory Dwelling Units (ADUs), buyer to verify. The property is separately metered for electricity and gas, helping the owner reduce utility costs. Investors will appreciate the strong tenant profile in this area, where approximately 75% of residents are renters, ensuring a consistent demand for housing. The property's strategic location, just 1.5 miles from LAC + USC Medical Center and Keck School of Medicine, and 2.3 miles from White Memorial Hospital, places it near a major employment hub, further bolstering its rental appeal. 3820 City Terrace Drive is a prime investment opportunity in a thriving market. With significant rent growth potential, the possibility of adding ADUs, and a location that promises strong and consistent demand, this property offers a solid foundation for potential returns. Investors seeking a blend of stability and growth in one of Los Angeles' vibrant neighborhoods will appreciate the strong potential this property offers.
Spectacular offering of a 12-unit building in the Historic Central submarket of Los Angeles. Just south of downtown LA, this stylish building provides the perfect opportunity to add value as well as significant upside in rents. The unit mix is 12 Single Room Occupancies (SRO) with 6 two bedroom tandem units with separate exterior entrances to the 2nd bedrooms and 6 one bedroom units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation.
LOOK! 4 UNITS IN THE ATWATER VILLAGE. NICE AND COMPLETELY REMODELED, ONE OF WHICH IS A NEWLY BUILT ADU ! THIS QUADRUPLEX IS PERFECT FOR OWNER OCCUPIED OR AS AN INVESTMENT PROPERTY. IT ALSO FEATURES GREAT LIVABILITY THROUGHOUT EVERY FLOOR PLANS. 1ST UNIT HAS 3 BEDS AND 1 BATH AT APPROX. 660 SQFT. 2ND UNIT HAS 1 BED AND 1 BATH AT APPROX. 550 SQFT. 3RD UNIT HAS 1 BED AND 1 BATH AT APPROX. 550 SQFT. LAST UNIT IS A STUDIO WITH 1 BATH (3/4 BATH) AT APPROX. 250 SQFT. BRAND NEW AC WALL UNITS , NEW KITCHENS, BATHROOMS, FLOORING, INTERIOR AND EXTERIOR PAINT, FINISH FIXTURES, ELECTRICAL, ETC ALL WITH CITY PERMITS ! GREAT FOR RENTAL INCOME OR OWNER OCCUPIED USE OR BOTH! LOCATED CLOSE TO SHOPPING, MALLS, EATERIES, AND OTHER AMENITIES NEAR GLENDALE BOULEVARD ! BUYER TO VERIFY ALL INFO TO SATISFY THEMSELVES PRIOR TO COE. SELLER HAS NEVER LIVED IN THE PROPERTY.
We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with full RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, about 2 blocks to the University of Southern California (USC). The existing property currently consists of a total of five (5) bedrooms & four (4) bathrooms. The RTI plans have been approved to convert the existing Single-Family Residence to a spacious Duplex, consisting of a 4-bedroom + 3-bathroom unit & a 1-bedroom +1-bathroom unit. The plans are also approved to construct two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms. Fully constructed, there will be a total of 4 units, 13-bedrooms + 12-bathrooms. Current income is $5,900/month Finalized constructed units will have a scheduled income of approximately $20,000/month.The property features hardwood floors, stainless steel kitchen appliances, quartz counter tops,On-site laundry, and the tenants pay all utility expenses. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 school year.
Charming Contemporary style triplex apartment building in the prestigious and desirable location in Pico-Robertson! The property features two spacious units, each offering 2 bedrooms and 1 bathroom, and a third unit with 1 bedroom and 1 bathroom plus an office/small bedroom. Each units boasts a large living and dining area with beautiful kitchen with granite countertops and spacious breakfast area. Situated close to all the main shopping centers and restaurants. This property allows you to fully embrace and enjoy the vibrant Pico-Robertson lifestyle!
Nestled in the serene hills of Mount Washington, this peaceful renovated retreat style home is well appointed at the end of a private road with a spacious 2 bedrooms + 2 bathrooms and approximately 1,100 sqft of living space. As a bonus, an additional 1 bedroom/1 bathroom bootleg unit (non conforming) sits atop of the parking area with its own backyard. A harmonious blend of comfort & sophistication, this elegant mid century bungalow maintains its charm and character while offering an incredible indoor/outdoor flow with very tasteful renovations and finishes throughout. Upon entering, you are greeted by well manicured landscaping seen through the many windows and glass sliding doors plus an abundance of natural light, courtesy of strategically placed skylights that illuminate the interior. A well equipped open kitchen layout was custom to blend the indoor + outdoor which flows organically with the space providing a sense of openness and tranquility throughout. The primary bedroom has a sliding door with access to the backyard and a primary bathroom that offers a spa like environment with an oversize shower, skylight, dual shower heads, and great finishes. The property features a private patio, perfect for al fresco dining and relaxation, while the beautiful landscaping and fire pit offer an inviting outdoor oasis. For convenience, a private covered parking area with two parking spots and additional private parking are provided, ensuring ample space for your vehicles with plenty of storage as well. Situated on a generous lot of 4,240 square feet, this home offers a sense of privacy and seclusion, while still providing easy accessibility to the finest dining and shopping destinations that the area has to offer.
Discover this beautifully upgraded Westchester duplex, situated in a prime location. Each unit boasts 1 bed/1 bath, with upgrades like newly installed hardwood floors, new doors, and a new tankless water heater. Cooking and entertaining is a joy in this brand new kitchen, complete with modern appliances. Can't beat this heat? This duplex can! with additional luxuries such as new split systems for AC and heat. The layout is finished by a separate washer/dryer in a designated laundry space. Enjoy the privacy of your own yard and private entrance, all enhanced with meticulous landscaping that is easily maintained by a sprinkler system. This property also includes a private, 2-car garage, offering flex space and tons of storage. Every upgrade has been done with permits, ensuring top quality and peace of mind. This duplex is more than just a home; it's an opportunity you don't want to miss! Schedule a viewing today to experience its charm firsthand!
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.
