9515 & 9517 Bandera St. Front Unit is now vacant and has been fully remodeled! Ideal for families or as an income-generating investment. Great opportunity to own these 2 units which features front unit 3 generously sized bedrooms and 1 bathroom + laundry. New windows, New electrical, New Kitchen cabinets, New hardwood floors, New laminate floors, New Light fixtures, and New Bath Tile! Second unit consists of 3 bedrooms and 2 bathrooms + laundry. Second unit will be sold with tenants in place. Individual Yard and spacious back, front, and middle yards! PLENTY OF PARKING and PLENTY OF SPACE FOR FAMILY ENTERTAINMENT!! Lot is full of potential. See for yourself! Separate meters/utilities.
Completely remodeled 4-unit building with plenty of opportunity to improve value. Extra-large lot allows for additional units, and there are already approved plans for a 2-unit ADU to be built at the rear of the property. There is one vacant unit that can be easily rented or provide for an owner-user opportunity. Newer windows, updated plumbing, electrical, flooring, all-new A/C units, new bathrooms, kitchen cabinets, counter tops and appliances. In unit washer/dryers. Creative sources for additional income: There is a garage structure on property but currently unused. Modify, scrape and build more units, convert to functional garage for additional income, plenty of possibilities and space to grow!
Four units and 2 available at the close of escrow!! Two separate stand alone units and one duplex, a total 6 Bedrooms 4 Baths 2,358 sq ft. 4, 928 lot. The site is zoned LARD1.5 and is in a Tier 3 TOC zone. Property is within the highly desirable USC DPS security patrol zone and is in a popular student housing rental neighborhood. Back Unit has been recently renovated with hardwood floors, new open kitchen, new bath with sky light, spa, double showers and with private gated area. Nicely maintained drought tolerant landscaping. Great Opportunity for Investor or Developer near USC. Close to University Park, USC Campus, Exposition Park, Museum of Natural History, DTLA, and the Expo Metro line. Near I-10 & I-110 freeways.
Exceptional Investment Opportunity in Beverlywood: Duplex with RTI for Expansion, Welcome to 3256 Castle Heights Ave, a prime investment property in the highly sought-after Beverlywood neighborhood of Los Angeles. This well-positioned duplex not only offers immediate rental income but also comes with Ready to Issue (RTI) plans for substantial future development of 4,000sf duplex, with a 3 car garage, with alley access. Situated in the vibrant Beverlywood area, this duplex provides easy access to shopping, dining, and major transit routes, offering the perfect blend of urban convenience and suburban tranquility. Unit 1: A spacious 2-bedroom, 1-bath unit currently renting for $3,000 per month. Unit 2: A charming 1-bedroom, 1-bath unit renting for $2,300 per month. **Development Potential:** - **RTI Plans:** The property comes with Ready to Issue (RTI) plans for the construction of two additional units: Unit 3: A generous 5-bedroom, 5-bath residence designed for luxury living with ample space and modern amenities. Unit 4: A well-designed 3-bedroom, 3-bath home offering comfort and style. This development opportunity allows for increased rental income and the potential for enhanced property value.Unit 1: Features an open living area, updated kitchen, and two comfortable bedrooms. Unit 2: Includes a cozy living space, functional kitchen, and a charming bedroom. The property boasts a well-maintained exterior with a landscaped front yard and ample off-street parking. The shared backyard offers additional space that can be developed further or enjoyed by current tenants. With existing rental income and RTI plans for two additional high-demand units, this property represents a significant opportunity for investors looking to capitalize on the Los Angeles real estate market. Don't miss the chance to own a property with immediate returns and exceptional growth potential. Contact us today to learn more about 3256 Castle Heights Ave and how it can be a strategic addition to your investment portfolio!
Welcome to 1921 Carmona! This is a brand new construction cheerful modern fourplex in Mid-City that is 100% FULLY LEASED with an amazing 5.65% cap rate! The Mid City area is one the hottest markets in Los Angeles as it is very close and accessible to Miracle Mile, Beverly Hills, Downtown and just a few minutes from Downtown Culver City, the Culver City Arts District, Culver City steps, Ivy Station, Helms Bakery District and tons of trendy restaurants! This fourplex has designer finishes and amazing open floor-plans that are perfect for entertaining. The kitchens feature center islands with waterfalls on the edge that greet you as you walk in and the units have a ton of natural light and beautiful windows with views. 1921 Carmona is a NON RENT-CONTROLLED building, located in an opportunity zone area which has huge tax benefits (buyer to verify). The neighborhood has rapidly gentrified with gorgeous brand new mixed-use developments nearby and full of shopping centers, restaurants and bars. Some restaurants + bars in town include Father's Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, CAVA, Bondi Harvest, The Culver Hotel. The brand new Cumulus District and the Whole Foods are just minutes away. The fourplex includes 8 Parking Spaces, Brand New Samsung Washer/Dryer, and Stainless Steel Kitchen Appliances. Great for entertaining family, roommates, couples or friends. Balconies overlooking city views. The front area has an extra space for additional parking or space for a bbq/patio area. All units include Central Air Conditioning + Heating, and a motorized Gate. The property has separate meters for all utilities making the monthly cash flow higher, with an exceptional estimated cap rate of 5.65% and very little expenses.
Step into this unique investment opportunity in the coveted Highland Park neighborhood with 5919 & 5921 Great Oak Circle. Nestled on a charming, tree-lined street, this duplex offers significant upside potential for owner occupant buyers and investors. The front unit features two bedrooms, two bathrooms, a spacious living room, a dedicated dining area, and an open-concept kitchen, providing a comfortable and functional living space. The back unit is situated above the garage, this unit boasts two bedrooms and one bathroom, complemented by city and mountain views. Below, you'll find a versatile full-structure currently utilized as a workshop, office, and storage space, complete with a quarter-bathroom. The property includes a generously sized front yard and a backyard with a designated BBQ area, ideal for entertaining. Laundry area is located on the side of the property. Additional features: Recessed style lighting, a long driveway, and gated access. The water meter includes a sub-meter, adding to the property's versatility. This property presents numerous opportunities for enhancement, whether through upgrading existing units or exploring the potential for adding an additional unit or Accessory Dwelling Unit (ADU)--subject to buyer investigation and local regulations. Prime location situated close to major freeways, DTLA, Eagle Rock, and Pasadena, this property offers easy access to a vibrant array of shops, dining options on the trendy York Avenue, and much more. Don't miss this chance to secure a property with exceptional growth potential in one of Highland Park's most desirable areas.
Discover an exceptional investment opportunity in the heart of the coveted Mid-Wilshire submarket with this rare four-unit property, each offering oversized one-bedroom apartments that average approximately 1,000 square feet. Two of the units will be delivered vacant at close, presenting immediate rental upside potential. The units have been tastefully renovated to combine modern amenities with classic charm, featuring in-unit washers and dryers for added convenience.Situated on a generous 6,000 square foot lot, the property offers ample parking and boasts significant potential for future development. The location is unbeatable-within walking distance to the Midtown Shopping Center, Sprouts, Starbucks, and other local amenities-making it highly desirable for tenants seeking both comfort and convenience.This property represents a prime investment opportunity in one of Los Angeles' most vibrant neighborhoods, offering both immediate income potential and long-term growth possibilities. Don't miss your chance to own a piece of Mid-Wilshire's thriving real estate market.
This 3 unit is nestled in a quaint area of El Sereno. There are 3 units on the land. The front units were built in 1987. The 1st floor is 3 bed 1 bath. 2nd floor is 4 bed 1 bath. 3rd unit is a home it is 2 bed 2 bath with an attached 1 car garage built in 1940. Property is great for an investor. Must see to appreciate.
Don't miss out on this fantastic opportunity!!! Duplex, with 2 bedrooms, and 1 bath on each side (total 4 bedrooms & 2 full baths). This well-maintained property has been freshly painted (outside) and features a new wood & iron fence. Inside, you'll find modern crown molding and plenty of natural light. Main unit #1826 has been recently updated and equipped with a beautiful kitchen. It offers granite counter tops, recessed ceiling lights, gas stove and with a good size dining room. The second unit #1828 was recently painted (inside) with newer kitchen counter tops, title flooring and an extra room for additional storage. Both homes offer generous living areas, double pane windows, spacious front and backyard with new roof, new HVAC units and a "nest" thermostat system. Each unit has its own laundry rooms with full size washer & dryer hook ups. Separate water heaters, separate electric and gas meters but one main water meter. There is a 1-car garage and open space parking inside the property to accommodate, three additional vehicles. Conveniently located close to the 105 & the 110 freeways and within walking distance to the park. This duplex is perfect for you to live in one house and rent out the second one. Or simply for those that want to expand their real estate portfolio.
Delivered 100% Vacant! 7120 Hollywood Blvd is a 10 Unit Apartment Building built in 1953. The property is located in an A+ Hollywood Location just north of Sunset Blvd and West of La Brea. The property offers all large studio units, each with 1 parking space. *Seller believes property was formerly Scandia Motel
This exceptional two-story, 20-unit investment property is located between University Avenue and Royal Street, just steps from the USC campus. Situated within the DPS zone in North University Park, it offers unmatched convenience in a high-demand rental area. Each spacious 1-bedroom, 1-bathroom unit ranges from 600 to 700 square feet, and rents average around $2,248/mth. Many units boast hardwood and tile flooring, quartz countertops, and modern appliances, including a dishwasher, refrigerator, stove with oven, microwave, double sink with garbage disposal, ceiling fan, vertical blinds, large windows, air conditioning, and a separate bathtub/toilet area for added privacy. Walk-in closets, mirrored closet doors, and in-unit storage enhance the living experience. The property features on-site laundry facilities, outdoor patio areas, bicycle racks, secure garage storage, a manager's office with a 1/2 bathroom, and beautifully landscaped surroundings with trees, plants, ferns, shrubs, and flowers. A soft-story retrofit was completed in 2017, SB721 Inspection/ passed, a cool roof in 2019, copper plumbing in 2005, new concrete stairs in 2019, and RUBS utility billing is being implemented on 70% of the units. There is potential to add additional ADU's and an additional unit. The property offers secured parking with alley access and is a scenic five-minute walk to USC's Trousdale North Entrance via the Hoover Pedestrian Mall. It's also within walking distance of Trader Joe's, restaurants, shops and entertainment on Figueroa, University Village, and soon-to-be Rawlinson Stadium. This property is an excellent investment opportunity and a perfect long-term portfolio property.
1237 Amherst Avenue is an incredibly clean and well-maintained 9-unit ‘bread-and-butter’ multifamily opportunity situated on a quiet side street in coveted West Los Angeles offered at a 5.1% cap rate! The property is currently generating excellent rental income with the average rent of $2,507/month per unit. There is additional upside of approximately 15-20% from current to market which may be achieved with upgraded in-unit renovations such as modernized and renovated kitchens and bathrooms. The property offers a diverse unit mix of six (6) one-bedroom units and three (3) two-bedroom units (one of which is a spacious Owner's Unit facing Amherst). Many of the units feature private balconies or patios. 1237 Amherst has completed the LA Seismic Retrofit (CofC dated 5/1/2020).
BRAND NEW CONSTRUCTION!!! This beautiful new ground up construction features a 5-unit townhouse style apartment building located in Hollywood! Conveniently located, close to the Griffith Observatory, Hollywood Sign, and DTLA and so much more. Property is composed of two 3-story buildings with an immense 8,977 SQFT of rentable space with enough parking space for 10 cars. Front 2 units each have 3 bedrooms 4 bathrooms. Rear 3 units have 4 bedrooms 5 bathrooms. NO RENT CONTROL and new construction means little to no maintenance for years to come. Separate water, gas, and electrical meters to make it ideal for any investor. PAID OFF SOLAR PANELS to help minimize the electrical bill.
Front house is a Two-Bedroom 1 bath home with a large dining area. Property has a fireplace. Needs work. Property sold "as is". Two units in back are rent control with long term tenants. Buyer to verify. needs TLC. Great investment opportunity. needs COURT APPROVAL. BUYER TO VERIFY EVERYTHING. .
Westside Duplex. Side by side duplex featuring 2 bedrooms and 1 Bath room in each unit. Long drive way for parking and storage space in the back of the units. Property is being sold tenant occupied in it's as is present condition.Please do not disturb occupants. Offer subject to interior inspection.
Westside Triplex. (2) front units side by side. Featuring a 1 bedroom 1 bath room on one side, and a 2 bedroom 2 bathroom on the other side. Back unit is a detached 1 bedroom 1 bathroom that needs total rehab. Property is being sold tenant occupied in it's as is present condition. NO FHA, or VA. Seller will not do any repairs. Please do not disturb occupants. Offer subject to interior inspection.
Westside Duplex. Side by side duplex featuring 2 bedrooms and 1 Bath room in each unit. Long drive way for parking and storage space in the back of the units. Property is being sold tenant occupied in it's as is present condition.Please do not disturb occupants. Offer subject to interior inspection.
1988 Construction and EXEMPT from LA RSO rent control. Delivered at a 5.38% cap rate and 11.88 GRM and only $227k/unit which is incredible for a 1980s asset. 730 S Westlake Ave, Los Angeles is the ideal opportunity for any buyer looking for a low-maintenance, positive leverage asset with high in place cash flow. Priced at only $227k/unit! The subject property is comprised of (14) 1-Bed/1-Bath and (4) Studio/1-Bath units. The building features copper plumbing, 27 private parking spaces and a laundry room on site. 730 S Westlake Ave is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops and restaurants nearby, making it a prime location for renters.
Welcome to 938 Hendricks Ave., Los Angeles-offering 4 units in the prime area of East Los Angeles. Consisting of 3, two-bedroom one-bathroom units and 1 one bedroom one bathroom unit. Property is fully occupied and located a short distance from Downtown Los Angeles, the Citadel outlets, shopping centers, parks, schools and public transportation. Easy access to the 5, 710 and 60 freeways. Property is being sold in AS IS condition.
We are pleased to present the opportunity to acquire a fixer 6 unit apartment building in East Hollywood! 4 of the 6 units will be delivered VACANT and present the ideal situation for a buyer to remodel and renovate the vacant units right away! The building consists of 2 structures--the front building consists of 5 units and the back building consists of 1 unit. ALL the units are in a heavy fixer condition. There are also 4 detached garages in the back lot, which can be converted to one or more ADUs. The spacious +/- 7,895 sq. ft. lot. also presents the opportunity to build additional ADUs on the lot. Upon renovating and repositioning the units, the buyer can realize annual rental income of at least $175,200. Located in an Opportunity Zone, the building could provide potential tax benefits for a buyer! The buyer also has the option to revise the unit interior floor plans to maximize revenue. Given the building's central location in the bustling rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!
We are proud to present 4801 S Normandie Ave. The subject property is a mixed use building constructed in 1915. The property contains one 3 bedroom/2 bathroom unit, two 2 bedroom/2bathroom units, and one three bedroom/one bathroom unit, and the first floor tenant is a Church. The property is situated near USC with good walkability and access to public transportation. Built in 1915, the property is zoned LAC2. The property is a 5,640 Square Foot building on a 5,621 Square Foot lot. The building also has 10 parking spaces in a gated lot. At a list price of $1,725,000, the property is a 14.5 GRM and a 4.9% CAP rate. 4801 S Normandie Ave is less than two miles away from Exposition Park, which is ideal with the 2028 Olympics approaching. Additionally, the building contains one vacancy (2+2). The property is listed at $345,000 per unit, $306 per building Square Foot, and $307 per land Square Foot. The owner has preliminary plans to construct ADUs. Unit Type 4 is a commercial retail space. DO NOT DISTURB OCCUPANTS! DRIVE BY ONLY! THOSE WHO DO NOT COMPLY WILL BE DISQUALIFIED!
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.