Great potential found on this 3br 1.25 bath 1910 year built classic front home, restoration ready. Additionally, a 1956 year built 1br 1 bath rear cottage also remodel ready. The larger house has custom living room woodwork w/ a leaded glass recessed china cabinet in the big adjoining dining area. Basement storage could be a wine cellar. Rear home has updated electric and separate alley access, low maintenance yards between buildings. Opportunity for the observant. Close to all.
LOCATION....LOCATION Residential income property in a prime location of Los Angeles Perfect investment property close to everything!....great Investment located near to Korea-town between Venice Ave and Washington Blvd. Property to be sold in it's present "AS-IS" condition, perfect for investor who is looking for good income, front unit 2 bedrooms and 1 bathroom, 2 units 1 bedroom and 1 bathroom the 4 unit a single.. each unit has own gas meter, Electric meter. Don't miss this great opportunity
4106 & 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage space! The property is surrounded by terrific amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.
Newly Renovated Beautiful Duplex and 2023 BRAND-NEW detached 2 units(ADU), "ALL 4UNITS have been Permitted. Two units with 3 beds & 2 baths with around 1,500 sq. ft of living space, and Two units with 2 beds & 2 baths with around 800 sq. ft of living space. The quiet and calm area has "Lots of parking spaces on the Street." Situated just a short distance from the new LA Metro Line, immerse yourself in the tranquility of this serene neighborhood setting. The allure of this property is enhanced by a recently designed modern kitchen showcasing pristine appliances such as a stainless steel refrigerator, dishwasher, and an in-unit washer/dryer for unparalleled convenience. Positioned between Downtown LA and the Westside, this locale provides easy access to culinary delights, cafes, and boutique shopping experiences. Iconic destinations like Larchmont, Miracle Mile, The Grove shopping center, the Beverly Hills shopping center, and the LCMA are all within reach from this prime address. Pets are welcome
ATTENTION INVESTORS: Looking for a well performing turn-key property within the USC DPS Zone? This well-maintained quadruplex, located just a mile from USC Village, offers excellent access to USC transportation, the Metro Expo Line, freeways, and city transportation. Currently generating $145,844 in rental income with low expenses, this property boasts a solid 5.59% cap rate. As we approach the peak student rental season, current vacancies are expected to be filled, potentially increasing the annual rental income by up to $52,800. The building consists of four remodeled and updated units, each approximately 1,100 square feet. With two units downstairs and two upstairs, every unit features 4 bedrooms and 2 bathrooms, totaling 16 bedrooms and 8 bathrooms. Modern amenities include tankless water heaters, central AC and heat, laundry machines, fully equipped kitchens, and furnished common spaces. Each unit is separately metered for gas and electricity. Bedrooms are currently rented to students and are equipped with a bed, desk, and mini-fridge. Don't miss out on this prime investment opportunity!
Great investment property in gentrifying Boyle Heights. These two separate buildings of 7 units that consist of (4) 1 bedroom/1 bath, (2) 2 bedrooms/1 bath and (1) studio with kitchen. The 1 bedroom unit over the 5 garages in the back of the building has private backyard. The two bedroom upstairs units have high ceilings, measure about 850 sq.ft. and have back patios with views of the DTLA skyline. Two of the bottom units are spacious and with high ceilings also. Some of the units have washer/dryer hook-ups. All units have private water heaters.This property has easy access to the #10, 5 and 710 freeways. The location is perfect to DTLA,LAC&USC medical centers, CSULA, East Los Angeles, Occupational Center, Art District,Chinatown,Little Tokyo,Dodger Stadium, Monterey Park Golf and Alhambra. Nearby are elementary schools, store, gas station, bus transportation, Metro, Starbucks and an electric circuit charging station. 6.6% CAP RATE, annual rents $112,596 **PLEASE DON'T WALK ON THE PROPERTY AND DON'T DISTURB THE TENANTS. Submit all offers subject to interior inspection. Some tenants are long term for about 25 years. Property sold as is, NO repairs.
Welcome to a rare investment gem located in a thriving market of Buelah Circle! This multi-unit triplex, boasting a generous 2,274 sq ft of living space on a 5,313 sq ft lot, presents an exceptional opportunity for savvy investors seeking both immediate rental income and long-term appreciation. Property Highlights: Unit 1: A spacious 3-bedroom, 1-bath unit, ideal for families, a comfortable layout with ample living space. Unit 2: Another 3-bedroom, 1-bath unit featuring newer construction and an additional 540 sq ft of living space. Unit 3/bonus room: A versatile studio with a kitchenette and bathroom. Investment Potential: multiple income streams and low maintenance costs. This triplex offers an unbeatable combination of location, modern amenities, and strong rental potential. Contact us today for showing availability!
Investment opportunity located in the 27th St. Historic District. 4 units on corner lot with LARD1.5 Zoning, buyer to verify. 3 buildings, one is a duplex and the other two are separate houses. Large driveway for parking. Several redevelopment projects in the immediate area. Centrally located to 110 and 10 freeways for convenient work commute.
We are pleased to present an eight (8) unit multifamily property located at 2436 Echo Park Avenue in Los Angeles, California. The property is situated in a prime Echo Park location at the top of a hill in Elysian Heights, south of Riverside Drive and west of Stadium Way. Originally built in 1930, this turn-key multi-layered apartment building contains a great unit mix of six (6) one-bedroom / one-bathroom units, one (1) two-bedroom / one-bathroom unit, and one (1) three-bedroom / one-and-a-half-bathroom unit across two (2) detached buildings. The property is positioned on a quiet residential hillside between two (2) streets, boasting panoramic views of surrounding cities and the Los Angeles National Forest mountain range from all the cottage style units. The building is fully turn-key including a new foundation in the main structure. Preliminary plans are included to build a two-story one-bedroom / one-bathroom ADU unit out of one (1) of the garages. Buyer has the option to redo ADU plans for up to eight (8) ADUs if SB 1211 is signed into law (the bill was engrossed June 12, 2024). Select units feature outdoor decks with incredible views. In addition, the property features on-site laundry, four (4) garage parking spaces, and three (3) additional open parking spaces. Situated in a prime Echo Park location, this offering presents an excellent opportunity for any investor to acquire turn-key, high cash flowing cottage style units on a rare hillside property in a core market of Los Angeles.
Newly Renovated Beautiful Duplex and 2023 BRAND-NEW detached 2 units(ADU), "ALL 4UNITS have been Permitted. Two units with 3 beds & 2 baths with around 1,500 sq. ft of living space, and Two units with 2 beds & 2 baths with around 800 sq. ft of living space. The quiet and calm area has "Lots of parking spaces on the Street." Situated just a short distance from the new LA Metro Line, immerse yourself in the tranquility of this serene neighborhood setting. The allure of this property is enhanced by a recently designed modern kitchen showcasing pristine appliances such as a stainless steel refrigerator, dishwasher, and an in-unit washer/dryer for unparalleled convenience. Positioned between Downtown LA and the Westside, this locale provides easy access to culinary delights, cafes, and boutique shopping experiences. Iconic destinations like Larchmont, Miracle Mile, The Grove shopping center, the Beverly Hills shopping center, and the LCMA are all within reach from this prime address. Pets are welcome
First time on market in 27 years. Classic 1939 Traditional. Good mix of 2) 2+2 . 2) 1+1 plus 1 Studio all w/ large eat in kitchens. All baths have separate tubs & showers. All kitchens are large "eat in". All copper plumbing...Updated electric. Well Maintained. Walk to grocery stores, shops restaurants & buses...easy access to 101FWY. Separately metered for gas/electric. Washer/dryers in most all units. Showings with accepted offer Total Acutual income shown includes the rent of $1K/ month if empty garages were rented. Better yet, take advantage of the empty garages and build one or two ADUs... No retro/Soft story issues! Great tenants always pay on time. Easy management & low expenses. Walk to grocery shopping & restaurants & park & Busses...Easy access to 101 FWY $269K/door
ATTENTION INVESTORS: Looking for a well performing turn-key property within the USC DPS Zone? This well-maintained quadruplex, located just a mile from USC Village, offers excellent access to USC transportation, the Metro Expo Line, freeways, and city transportation. Currently generating $145,844 in rental income with low expenses, this property boasts a solid 5.59% cap rate. As we approach the peak student rental season, current vacancies are expected to be filled, potentially increasing the annual rental income by up to $52,800. The building consists of four remodeled and updated units, each approximately 1,100 square feet. With two units downstairs and two upstairs, every unit features 4 bedrooms and 2 bathrooms, totaling 16 bedrooms and 8 bathrooms. Modern amenities include tankless water heaters, central AC and heat, laundry machines, fully equipped kitchens, and furnished common spaces. Each unit is separately metered for gas and electricity. Bedrooms are currently rented to students and are equipped with a bed, desk, and mini-fridge. Don't miss out on this prime investment opportunity!
FIRST TIME HOME BUYERS DREAM HOME as you can get this with minimum down or as an INVESTORS, you'll have positive cash flow from day one! FULLY REMODEL and moved in ready! You can either live in the 2 bedroom and basically have a very low mortgage payments and easily qualify for the loan since the 3 bedroom is paying such a high rent and its counting towards your income when applying for a loan. This property qualifies for FHA, conventional and seller is ready to pay buyers closing cost credit so you need minimum downpayment. This is what you have been waiting for if you want your first home with low monthly payment! 3/2 bedroom is rented out with sec 8 tenant paying $3896 per month (tenant only pays $290 and its a good, responsible, and a dream tenant). 2/1 is VACANT (sec 8 Pays $2494 for this unit in current market). So a total of $76,680 income per year ($6390 per month)!!! The property is located in a very attractive location and has a huge back yard room for a 2 story ADU to add extra future value! THIS WONT LAST, SO SUBMIT YOUR BEST OFFER TODAY!
Beautiful Property owned by One family for Over 55 years . It is a GEM , The property has an adorable One Bedroom and One bath unit that can easily be converted to a 2 bedroom. The Unit THAT has 2 bedroom 1 bath fully remodeled with washer and dryer hookups can easily be showed There is a nice private patio leading to the NON permitted 3rd "Unit " it is fully remodeled and ready to go for "extended" family . it has been also remodeled . It has copper plumbing, New Sewer line, New Electrical all done with Permits. It has New roof and fully painted on the outside. It is a great opportunity to own property in the New and Upcoming Area or Lincoln Heights. Close to the Park and within 10 min to downtown, South Pasadena, Alhambra, and Highland Park. walking distance to USC and in the near future it will be in the prime area of all the renovation approved plans for Valley Blvd . It is definitely a Must see! it also has a Fabulous View and Great Fresh Breeze. There is a nice relaxing Patio for Meditation ,Yoga or BBQ Parties.. Property has a fully remodeled bonus room This Unit has been there always as a Grandfather ..
Well-landscaped and updated 8-unit apartment building on a large corner lot. There are eight carports. Easy walk to the Metro station on thriving Crenshaw Blvd with its many shops and restaurants.
This charming triplex is nestled in a prime northeast LA location, just a stone's throw away from the iconic Dodger Stadium and in the center between Downtown LA & Glendale/Pasadena. The front unit offers a cozy 1-bedroom, 1-bathroom with an additional den, complete with its own dedicated driveway for ultimate convenience. The back two units, each featuring 2 bedrooms and 1 bathroom, boast similar updated floor plans designed for modern living. Each unit comes with in-unit washer/dryer hookups, ensuring added ease; the top unit currently has a cabinet installed in place of the hookups, but it can be easily moved. What sets this triplex apart is the spacious driveway, providing ample parking for multiple vehicles and a large lot size of 7,499 SF! Located in a vibrant neighborhood, residents will enjoy easy access to local dining, shopping, and entertainment options. Whether you're an investor seeking strong rental potential or a homeowner looking for a multi-unit dwelling, this triplex is the perfect opportunity.
2 HOMES FOR THE PRICE OF 1! Nestled in one of the most sought after neighborhoods of Los Angeles, sits these beautiful Highland Park bungalows with views of the gorgeous hillside. With 1520 square feet, this multi family property has a total 4 bedrooms and 2 bathrooms and spacious living quarters with access to the back yard. Both homes are completely fenced giving a safe space for your little ones or pets to play in the beautiful California weather. Additional storage space behind the homes accessible to both. Both units have had seismic retrofit with foundation replacement completed and recently passed REAP inspection. Think of the endless possibilities. Whether you're looking for a quaint bungalow for yourself and your family, a place to retreat from the busy LA Lifestyle, or if you're looking for a total investment property these homes will steal your heart! Property will be delivered without tenants.
Location, Location, Location! This exceptional property is nestled in the desirable Country Club Park, providing unmatched convenience to major markets, an array of restaurants, and bustling shopping malls. The first floor boasts a generous layout, featuring two large bedrooms and one well appointed bathroom. A fully equipped kitchen perfect for cooking and entertaining. Dedicated laundry space for added convenience. A cozy living room ideal for relaxation and gatherings. The second floor has its own entrance, ensuring privacy and independence from the first floor. Another fully functional kitchen, providing the option for separate living quarters. Four sizeable individual bedrooms offer ample living space. Each bedroom has their own private bathroom. Ample parking spaces for all the units including a carport, offering secure and convenient parking for residents. The outside unit has been skillfully converted into a studio with its own bathroom, adding another potential rental unit. With its spacious layout and flexible living arrangements, there are numerous possibilities for future improvements and value-add projects. This property represents a prime investment opportunity, situated in a high demand area, diverse rental options, and strong income potential. Don't miss out on the chance to capitalize on this versatile and lucrative real estate asset.
Well-landscaped and updated 8-unit apartment building on a large corner lot. There are eight carports. Easy walk to the Metro station on thriving Crenshaw Blvd with its many shops and restaurants.
We are pleased to bring this amazing opportunity of a property to the market! 2 units (One 2 bed, 1 bath and one 1 bed, 1 bath). Great potential for income as buyer may choose to rent out both units or live in one and rent out the other. Property has also been previously approved to add a third unit. This brings even more potential future value to the property. There are currently two covered garage spaces nestled in between both units, as well as ample space to park many more vehicles on the property. LESS THAN 2 MILES FROM THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC). Property is also minutes away from a plethora of schools for all age groups, including, but not limited to Dr. James Edward Jones Primary Center, Marguerite Poindexter Lamotte Elementary School, Barack Obama Global Preparation Academy, Manual Arts High School, as well as John Hope Continuation School. Rich in value, this property makes an amazing purchase!
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.