ASSUMABLE 2.25% INTEREST RATE FHA Loan – 4 UNITS TOTAL - $7,940 GROSS MONTHLY INCOME Amazing investment opportunity with this meticulously maintained QUADRUPLEX in the heart of Los Angeles. UNIT 1: 3 Bedrooms and 2 Bathrooms, Unit 2: 3 Bedrooms 1 Bathroom, Unit 3: 2 Bedrooms 2 Bathrooms, Unit 4: 2 Bedrooms 1 Bathroom. Two front units built in 2011 and two back units built in 1948. Recent improvements include newer copper plumbing with replaced valves and faucets, and a complete electrical upgrade to 220 volts completed in 2011. The roofs of both the front and back buildings were replaced in 2023, and brand-new rain gutters were installed. Additionally, new windows were fitted in the back units last year. This quadruplex combines modern upgrades with enduring value in a sought-after location. With the opportunity to assume a low 2.25% FHA loan, this property is a compelling choice for savvy investors looking to own a prime income-generating asset in Los Angeles.
DUPLEX. Two homes on a lot. 319-321 W. 81st St. Front home is a large one bedroom and one bath and is leased for $1577/mo. Back house has 3 beds and 2 baths. Currently vacant and good for owner user or lease it for $3500/mo. One bedroom may be unpermitted. Both units are renovated and beautiful. Freshly painted gate. Two single car garages. Contact LA to find out more about the potentials of this property.
Great investment opportunity on a quadruplex in the heart of Los Angeles (Boyle Heights area). There is one building with one unit has 1bed/1bath and common wall with a studio with full kitchen and full bath. There is a separate detached 2 story building with one 1st floor unit 1bed/1bath and 2nd floor unit 1 bed/1bath. There is also a one detached one car garage with a long drive way. Each unit has it's own separate address, and separate meter. Property is located within walking distance to bus stops, schools, stores, and easily accessible to freeways.
INVESTORS WANTED! Great Investment Opportunity. A duplex currently currently producing great rental income. 3 Bedrooms and 1 Bathroom each, plenty of parking space, RV driveway. Great location close to (DTLA) Downtown Los Angeles, (LAX) Los Angeles International Airport, (USC) University of Southern California and the 110, 105 and 10 Freeways. Investors and Big Families are welcome! Contact agent for details and to make an appointment, property is tenant occupied, Do Not Disturb Tenants. Send your offers this property will go fast!
Courtesy: PACIFIC WEST REAL ESTATE
The Harlan Residences at 6533 Hollywood Blvd. in Los Angeles is a registered Hollywood landmark with an incredible legacy of old Hollywood and modern adaptability located on the world famous Hollywood Walk of Fame. Ownership has spared no expense in modernizing this historic asset while carefully retaining its irreplaceable aesthetic. Built circa 1917 by Hollywood mogul Jesse Lasky and financed, in part, by the pronounced "King of Hollywood" Douglas Fairbanks, the Harlan is composed of 54 apartment units over approximately 8600 square feet of retail. Apartments feature hardwood flooring, stainless steel appliances, storage built-ins and in-unit washers and dryers. Residential tenants enjoy a private rear outdoor patio and secure entry via a state-of-the-art facial recognition system powered by the Swiftlane software and mobile app. The Harlan's first floor nightclub, restaurant, bar and performance/event spaces hearken back to a time of prohibition, speakeasies and the golden age of Hollywood. Houston Hospitality (www.houstonhospitalityla.com), a premiere LA nightlife operator and visionary, leases the entirety of the Harlan's retail spaces on a triple net basis with 3% annual increases. Across these unique spaces, Houston currently operates Madame Siam, an exclusive lounge and event space; Dirty Laundry, a speakeasy bar in the style of the 1920swith private rooms used often by celebrity and industry players and; Black Magic Rose, a magic-themed nightclub including a theater and tavern. Atop the Harlan is a recently re-engineered double-sided billboard leased to a best-in-class media group on revenue-share terms highly favorable to ownership. Overall, the asset is essentially turn-key, with roof, plumbing, HVAC, electrical replaced in the mid-2000s and a complete cosmetic upgrade performed in 2021-2022. Parking is provided via a license agreement with a nearby operator. Hollywood, a vibrant and iconic neighborhood in Los Angeles, is known as home to the global entertainment industry. Its iconic landmarks, including the Hollywood Walk of Fame, Grauman's Chinese Theatre, and the Hollywood Sign, are globally recognized symbols of the area. The neighborhood's diverse population is a captivating blend of cultures and lifestyles, attracting individuals from all walks of life. Hollywood's nightlife is equally vibrant, offering an array of bars, clubs, and live music venues. The area also boasts a diverse culinary scene, ranging from upscale eateries like Mother Wolf to casual hotspots like Roscoe's Chicken and Waffle House. Its ideal location, walkability, and easy access to public transport make this a highly sought-after neighborhood for renters. Just 6 miles from Downtown Los Angeles and 2.5 from West Hollywood, Hollywood attracts young professionals, creatives and affluent renters looking for a fun and amenity-rich neighborhood.
**Prime Property with Exceptional Investment and Redevelopment Potential** We are excited to present a remarkable mixed-use property, strategically located in a bustling and highly sought-after neighborhood. This property features a well-maintained structure with three residential units on the upper level and seven commercial units on the ground floor. With the recent passage of California's SB6 Law in July 2023 and AB2011, which facilitates the conversion of commercial spaces into residential units, this property offers unparalleled flexibility and investment potential. The 3 Residential units located on the upper floor are comprised of three thoughtfully designed residential units, each offering Spacious Interiors, Generous floor plans with open concept living and dining areas. Modern Amenities, Contemporary kitchens with stylish bathrooms and newer Copper Plumbing. The ground floor hosts 7 commercial units, each designed for optimal functionality and visibility with High Foot Traffic, Prime location with excellent visibility and easy access for customers: only 5 minutes from Downtown LA, 3 minutes from 10 Freeway, 60 Freeway, 5 Freeway, and the 110 Freeway as well. TOTAL "10 UNIT BUILDING" Flexible Layouts, with Configurations suitable for a wide range of businesses. Plenty of Commercial Appeal with Large storefront windows enhancing business exposure. In light of SB6 and AB2011, which supports the conversion of commercial properties into additional residential units, this property stands as a prime candidate for transformation. These Bills Allow to Build residential Development on Commercial zones. The bill overrides local zoning regulations, allows for RES Development in commercial zones where they were otherwise prohibited such as a Parcel that is used as Office, Retail, or parking space. Potential redevelopment opportunities include: Expansion of Residential Space in order to Convert commercial units to increase the residential component and capitalize on growing housing demand, creating an Increased Rental Income which you could then Leverage enhanced residential units to boost rental income potential. Partake in the Thriving high traffic area this property benefit's from with amazing Accessibility, its vibrant neighborhood with Shops, amenities, restaurants, and services are within walking distance. This is definitely a Growth Area that is experiencing significant economic and Community Development.
Located in the rapidly gentrifying Boyle Heights neighborhood of Los Angeles, the property occupies a corner lot just blocks from the busy retail corridor along Cesar E Chavez Avenue, which features a Walgreens, La Monarca Bakery, and several restaurant options. Based on current rents and expenses, the offering boasts an attractive 5.36% CAP Rate for a new investor. Constructed between 1905 and 1925, the three buildings feature an excellent unit mix. Two of the buildings are large single-family homes*, while the eight-unit apartment building on the site includes a three-bedroom unit and seven one-bedroom units with dens. Combined, the rentable area totals 9,726 square feet spread among the 10 units. Seller believes one single-family house was converted into 7 single room occupancy rooms. Buyer to conduct their own due diligence regarding this matter.
Courtesy: Big Block Powerhouse Realty
Newer Construction Duplex built by Ocean Development in 2022. Fully occupied units with attractive rental income - and additional upside with rent increase. Currently leased at $7,400 Monthly Rental Income. Area rents averaging $8,000 per month for similar duplexes. Separate electric, gas, and water meters - tenants pay their own utilities. Ideally Designed with one unit in front, and the second unit in back - No one above or below. Each unit includes 5 Bedrooms and 3 Baths - approximately 1,857 square feet for each unit. Design Features include Central Heating Systems, Dual Pane Windows, Solid Wood Cabinets and Granite Counters in Kitchen, Interior Laundry Room in Each Unit. Solar electric systems installed. Property includes a 3 Car Garage.
This Highland Park gem has it all: a great location close to all the shopping, dining and entertainment at York and Figueroa, convenient 110 freeway and Arroyo Seco Park access, and more!And added benefit is that this sale includes both properties at 6417 La Riba Way, and adjoining lot at 6419 La RIba Way. Each has its own separate APNs. 6417 La Riba Way features a 2 bedroom, 1 bathroom home with detached 2-car garage on a 4,505 sq foot lot. Adjacent 6419 La Riba Way is an undeveloped 4,494 sq foot lot. Together, that's a nearly 9,000 sq foot lot to develop! Options abound for adding ADUs, building, expanding, or redeveloping both parcels.
Welcome to the 55th Street Duplex! This is truly a perfect real estate opportunity for anyone looking to take advantage of a long term investment or to achieve passive income. Each unit is an open concept with living room and kitchen, 2 bedrooms, 1 bath and an office. Freshly renovated with vinyl flooring and carpet, fresh paint, electrical, plumbing, countertops, sinks in the kitchen and bathroom and water heaters. The property comes with plenty of parking in the back and there is also an opportunity to build an ADU and increase your income. Preliminary architectural ADU plans have been drafted and can be made as part of the sale. Centrally located, close to Downtown LA, in great proximity to major freeways, Sofi Stadium, Crypto Stadium, USC and LAX. One unit is vacant and the other unit is occupied with a tennant who is moving at the end of September. Both units will be DELIVERED VACANT. Hurry up! This classic 1921 home just received an incredible makeover and it won’t last long. Don’t miss this great financial real estate investment.
Income Property opportunity in the heart of Boyle Heights! This 3-unit building is a diamond in the rough, loads of potential, just needs a little TLC. Perfect for savvy investors, or someone passionate with vision and know how. Each of the three units offers generous space and a flexible layout, making them ideal for modern updates. Whether you're looking to modernize interiors, enhance curb appeal, or explore potential upgrades, the possibilities are endless. The property has an area that could be transformed into a charming garden or communal space, enhancing the overall appeal for future tenants or residents. This property is currently tenant occupied, with the potential to increase rental income, as well as property value through updates and improvements. Live in one and rent out the other units or rent them all out, either way you can't lose with an income property. Its location is in a vibrant and evolving neighborhood which further adds to its appeal. It's next to the freeway and many amazing restaurants. Don't miss out on owning 3 units in the city of Boyle Heights.
Centrally located in Pico Union HPOZ area, four unit apartment building. Convenient for shopping, dining and entertainment in Downtown Los Angeles, with easy access to the 10 & 110 freeways. Popular nearby venues include, but not limited to LA Memorial Coliseum, Cryton.com Arena, BMW Stadium, L.A. Live and more. Please do not walk the property or disrupt the tenants. Property is subject to the City of Los Angeles rent control regulation.
Great Investment Opportunity! 4 UNITS located in the city of Los Angeles! Tenants currently pay all utilities and property is fully tenant occupied. Front house is 2 units consisting of 2 Bedroom 1 bath and 1 Bedroom 1 Bath... and back detached duplex is side by side 1 Bedroom 1 Bathroom each. One of the units was completely remodeled in February 2024. Approximately 5 minutes from Exposition Park and only a few blocks away from South Park Pool & Recreation Center and approximately 1 mile from 110 Fwy for your commuting convenience. Don't let this opportunity pass you up!
Great Investment Opportunity! Unique Triplex in Los Angeles; Spacious 2 story front house has 4 bedrooms, 2 bath. Detached back Duplex is 2 bed 1 bath each unit (top and bottom) Kitchen in front house was upgraded in the last 5 years with the following: newer cabinets, granite countertops, upgraded partial copper plumbing, newer fixtures, and newer flooring. Back units are 2 Bedrooms 1 Bath EACH. Lot size is large and has plenty of parking spaces, which is rare to find in Los Angeles! Approximately 5 minutes from Exposition Park and only a few blocks away from South Park Pool & Recreation Center and approximately 1 mile from 110 Fwy for your commuting convenience. Don't let this opportunity pass you up!
Prime Investment Opportunity in Vibrant Culver City! Discover this exceptional 4-plex in a highly sought-after Culver City location! This well-maintained property features four spacious and sunlit two-bedroom, one-bath units, each designed for comfortable living. All units are currently rented, offering immediate income potential. Each unit includes a private garage with laundry hookups, adding convenience and value for tenants. The property is efficiently managed with separate electric and gas meters for each unit, while a single water meter serves the entire building. This setup ensures streamlined utility management and cost-effectiveness. Ideally positioned just minutes from the 405 and 10 freeways, this property provides unbeatable access to the beach, trendy downtown Culver City, Westwood, and Downtown LA. Although the address boasts a Los Angeles zip code, it’s situated in Culver City proper, granting residents access to the area's top amenities, including a responsive Fire and Police Department and the highly acclaimed Culver City School District. Culver City is a hub of creativity and culture, steeped in movie-making history and offering a vibrant dining and nightlife scene. From globally inspired eateries and gastropubs to cozy cocktail bars, there’s something for everyone. Whether you’re an investor seeking excellent income potential or a homeowner looking for a charming place to call home, this incredible opportunity in Culver City is not to be missed!
Courtesy: Remax Commercial and Investment Realty
Cash Cow. Triplex with detached 2-car garage. All tenants are current and paying rent. All on month-to-month tenancy. It shows as 4 units, but it's a legal 3-unit property. The large upper unit may have been split into two units previously.
THIS PROPERTY IS AVAILABLE FOR PURCHASE INDEPENDENTLY OR AS PART OF A 4 PROPERTY, 118 UNIT PORTFOLIO. Introducing, for the first time on market in over 20 years, a unique opportunity to purchase this four multifamily property portfolio comprised of 118 units in the heart of Los Angeles. The collection includes four large properties that sit on a total of seven parcels and almost 100K sf of land. Each building ranges from 17 to 50 units and has plenty of onsite parking, independent meters for gas and electricity, and various recent upgrades. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize the 75% upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historical low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently at $3,915 for 3-bedroom units, $3,052 for 2-bedroom units, $2,407 for 1-bedroom units, and $2,132 for studio units. The properties are strategically located near access to major freeways, employment, entertainment, and transportation options. SoFi Stadium (LA Rams), the new Intuit Dome (LA Clippers), BMO Stadium (Angel City FC), Los Angeles International Airport, are all within minutes of any of the subject properties.
* * * DO NOT CONTACT OWNER * * * Own a spectacular Vacant turnkey Duplex in the heart of Hollywood, surrounded by iconic destinations such as NETFLIX Studios, RAOs, Superba, Mother Wolf, and Equinox luxury gym. The elegant Spanish-colonial architecture blends seamlessly with the neighborhood's character while the interior of each unit has been modernized. The front residence features 3 bedrooms + 1 bath, recently redone kitchen, relaxing fireplace, and convenient laundry room. The second home has 2 bedrooms + 2 baths, its own address, dedicated parking, and is separately meted for utilities Whether you're looking to live in one unit and rent out the other, capitalize on a work-from-home lifestyle, or invest in a property zoned LAR3 poised for potential future building opportunities, this duplex caters to a variety of needs. Enjoy the convenience of modern living while being situated in a highly desirable area with easy access to major freeways, Downtown LA, and East and West Hollywood.
Charming single-level duplex, situated on a quiet palm tree-lined street in the heart of Los Angeles. One unit is vacant and the other unit is occupied collecting $2,500 per month in rent. This property is turnkey and ready for investors to collect top rents or for owner-occupants desiring additional rental income. Both units have been completely remodeled, including all new PEX piping throughout, brand new roof, 2 tankless water heaters, and stainless appliances that are all included with the sale. Huge grassy backyard gives a single-family home feel. These bright and airy units are the exact same floorplan, each offering 2 bedrooms and 2 bathrooms, and each have a designated detached garage space and additional uncovered parking. The garage, accessible via the alley on W 52nd St., has been upgraded with new plywood and electrical work. Recent renovations include new drywall, insulation, flooring, stylish kitchens with stainless steel appliances, double-pane windows, updated electrical systems, remodeled bathrooms, wall heaters, tankless water heaters, plumbing, and a new roof. Each unit also comes equipped with included washer/dryer, a pantry, and extra storage spaces. Close to SoFi stadium, USC, and museums. Investors don't miss this fantastic opportunity.
Step into a slice of classic Hollywood glamour with this stunning courtyard building, a great tenant's magnet -- just doors to Hancock Park and moments away to the vibrant hotspots of Larchmont, Melrose, and La Brea! This meticulously maintained 7-unit gem includes 5 generously sized one-bedroom apartments and 2 chic studio suites. Tenants experience open-concept living spaces, custom kitchens and baths, and elegant crown molding in five of the units and recent updates to the plumbing and electrical. Generating $163,404 a year, this property is not just an great investment - it's a golden opportunity for your portfolio with strong upside in rents or for the end user seeking a private owner's retreat with access to a serene garden oasis. The property also features a detached garage with space for up to six cars, offering the potential for a future ADU (buyer to verify), further boosting its value. Delivered fully occupied, this classic beauty is ready for its next steward.
THIS PROPERTY IS AVAILABLE FOR PURCHASE INDEPENDENTLY OR AS PART OF A 4 PROPERTY, 118 UNIT PORTFOLIO. Introducing, for the first time on market in over 20 years, a unique opportunity to purchase this four multifamily property portfolio comprised of 118 units in the heart of Los Angeles. The collection includes four large properties that sit on a total of seven parcels and almost 100K sf of land. Each building ranges from 17 to 50 units and has plenty of onsite parking, independent meters for gas and electricity, and various recent upgrades. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize the 75% upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historical low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently at $3,915 for 3-bedroom units, $3,052 for 2-bedroom units, $2,407 for 1-bedroom units, and $2,132 for studio units. The properties are strategically located near access to major freeways, employment, entertainment, and transportation options. SoFi Stadium (LA Rams), the new Intuit Dome (LA Clippers), BMO Stadium (Angel City FC), Los Angeles International Airport, are all within minutes of any of the subject properties.
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.
