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.
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.
**PRICED TO SELL** We are pleased to present 5727 Carlton Way, a private, secluded architectural gem. This property features a low-rise 4-unit, 1928 apartment-style community, and a 2-unit, 1909, Craftsman-style home that both sit on a 7000 square foot lot in the Hollywood neighborhood of Los Angeles. The area is a highly sought-after location due to it being situated near coffee shops, restaurants, nightlife, trendy retail, and one block from Hollywood Blvd. The site provides easy access to the Metro Rail, 101 freeway, LA Film School, Hollywood Walk of Fame, Griffith Observatory, Sunset Strip, and Melrose, where residents can explore many local mom-and-pop stores. Features of this property include four units that are approximately 750 square feet, one bed, one bath, and a one-story (with the capability of 2 units) Craftsman home of about 1426 square feet. There is a beautiful and tranquil courtyard between the buildings to read, have friends over, or relax. All units are individually metered for Gas and Electric. The laundry is on-site and is to be used by all units. There are three single garages and one surface parking spot at the rear of the property. The property is secured by fencing on all sides and is situated towards the end of a cul-de-sac. If you're looking for your next investment, this is the opportunity. Investment highlights: Great potential to increase base rents to market rents over time and charge current market rates for the vacant units . Three units currently occupied. Perfect opportunity for an investor to redesign the space to their liking. Located in the Qualified California Opportunity Zone. Easy access to Interstate Freeways and convenient local and regional mass public transit. Walking score of 88. For those interested in a potential redevelopment, both the current zoning and surrounding development activity are conducive to maximizing your cash flows via increasing density on the property.
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.
2016 Vista del Mar is a meticulously-renovated boutique bungalow compound in the Hollywood Hills. The property consists of 6 bungalow-style units that are fully renovated to the studs, offer luxurious amenities catering to high-income renters, and a central location for living the LA lifestyle so many dream about. Located north of Franklin Ave. in the Hollywood Dell neighborhood, the property's strategic location offers compelling fundamentals, abundant entertainment and dining amenities, and convenient access to employment hubs. Renovated by AIH Development, a prominent Los Angeles developer bringing elevated and upscale residential design/amenities to this turnkey project. Originally built in 1921 and 1923, the property consists of (1) 2-bdrm. and 2.5-bath unit (possible owner's unit), (1) 1-bdrm. unit with an office space, and (4) 1-bdrm. units spread across 4 structures. These bungalow-style units are arranged in a courtyard configuration on a 12,267 SF lot. From stucco to windows, doors, roofs, water lines, sewer, electrical, and HVAC, each structure has been meticulously rebuilt with energy efficiency, longevity, and ease of maintenance in mind. Property amenities include covered parking for 7 vehicles features EV charging capabilities individually metered for each unit.
Discover a hidden gem in the coveted South Los Angeles area, where location meets opportunity! Just minutes from USC and the bustling heart of Downtown LA, this two-story duplex is brimming with potential. One unit offers 6 beds generously sized bedrooms and 3 bathrooms, second unit is a 1 bed 1 bath. Making it ideal for investors, developers, or large families looking to create income-generating rentals. While this property is a fixer-upper, it's a blank canvas ready for transformation. With the right touch, you can unlock tremendous value and make this property a standout investment in one of LA's most desirable neighborhoods. Don't miss out on the chance to turn this diamond in the rough into a lucrative masterpiece!
825-833 108th street is a lucrative investment opportunity in the form of a well-maintained 22-unit apartment building on three separate parcels. This property boasts an ideal unit mix, strategic location, and significant upside potential, making it a prime asset for both seasoned investors and those looking to enter the real estate market. Key Highlights: 1. Unit Mix: The property offers a diverse unit mix, predominantly featuring spacious 2-bedroom layouts that cater to a wide range of tenant preferences. 2. Rent Upside Potential: Unlock substantial value with over 35% upside potential in rents. This presents a unique opportunity to maximize returns and enhance the overall profitability of the investment. 3. Recent Renovations: Over half of the units have undergone renovations in the last 3 years, ensuring modern interiors and increased tenant satisfaction. This contributes to the property's overall appeal and value. 4. Proximity to Avalon Metro Station: Enjoy the convenience of being in close proximity to the Avalon Metro Station, providing easy access to public transportation and enhancing the property's attractiveness to potential tenants. 5. Near Parks and Recreation Center: Residents can take advantage of nearby parks and a recreation center, offering a blend of green spaces and recreational activities for a well-rounded living experience. 6. Well-Maintained Property: The building is meticulously maintained, reflecting a commitment to quality and ensuring a positive living environment for residents. 7.Investment Potential: This property presents a compelling investment case, combining a strong unit mix, recent renovations, and the potential for increased rental income, making it an attractive option for investors seeking long-term growth. Don't miss out on this rare opportunity to acquire a well-positioned and income-generating property.
Prime Boyle Heights located 4-Plex. Great unit mix with one 4 bedroom main house, two 2 bedrooms and one 1 bedroom. Huge Upside. There is also room in the back for an ADU. Amazing potential on this property.
Prime Boyle Heights located 4-Plex. Great unit mix with one 4 bedroom main house, two 2 bedrooms and one 1 bedroom. Huge Upside. There is also room in the back for an ADU. Amazing potential on this property.
Welcome to 3438 Virginia Rd., a charming duplex in a prime Los Angeles location that offers a fantastic opportunity for investors and owner-occupants alike. This beautifully maintained property features two 1-bedroom, 1-bathroom units, each exuding unique charm. One unit has been fully remodeled with modern finishes, perfect for those seeking a turnkey home or rental. The property includes a long driveway leading to a spacious 2-car garage, providing ample parking and storage. Notably, the garage offers incredible potential for conversion into an ADU (Accessory Dwelling Unit) with added value from the property’s THREE ELECTRIC METERS, allowing for flexible living arrangements or additional rental income. Centrally located between Baldwin Hills, Jefferson Park, and Crenshaw, and just minutes from the 10 Freeway and Downtown Los Angeles, this duplex provides unparalleled convenience. Plus, with close proximity to the Metro line, commuting and exploring the city becomes a breeze. Each unit features a spacious living room and formal dining room, adding an elegant touch to the everyday living experience. Don’t miss this opportunity to own a property with endless possibilities in one of Los Angeles' most vibrant neighborhoods. Whether you’re looking for an investment with strong rental potential or a cozy home with added income, 3438 Virginia Rd. is a gem. Schedule your private showing today and envision the future possibilities!
We are pleased to present this 4-unit investment property located in the desirable Arlington Heights neighborhood of Los Angeles.Built in 1924, this rent-controlled property offers 4,628 square feet of gross building area and sits on a 6,281 square foot lot (0.14 acres). Each of the four units contains 2 bedrooms and 1.5 bathrooms, with two of the units featuring an additional den/office space. The units with the extra den/office are approximately 1,262 rentable square feet, while those without are about 1,052 square feet.Additionally, two of the four units are currently vacant and will be delivered vacant to the buyer at close of escrow.The seller has preliminary plans to build two detached ADUs in the parking lot behind the building. Each ADU is designed to be around 900 square feet, featuring 2 bedrooms and 2 bathrooms. With construction costs estimated between $225 and $250 per square foot, the total cost for each ADU is projected to be between $200,000 and $225,000. Once completed, these ADUs are expected to generate at least $3,500 per month in rent ($7,000 combined), adding an additional $84,000 in annual rental income. Arlington Heights is a highly attractive neighborhood for multifamily investors, offering a prime location in Central Los Angeles with strong rental demand. The neighborhood's historical charm, combined with its proximity to major city hubs, ensures a steady influx of tenants seeking convenient urban living. With well-maintained properties and a vibrant community atmosphere, Arlington Heights provides a stable and potentially lucrative environment for real estate investors looking to capitalize on a high-demand area with enduring appeal.
We have a fourplex in a great area of ELA. All four units are occupied with long term tenants. Units are in decent shape. They were lightly remodeled by previous ownership. All units have one onsite parking spot.
Welcome to an exceptional investment opportunity! This distinctive triplex is a rare find, featuring a charming front house with 3 spacious bedrooms and 1 bathideal for family living or as a lucrative rental. Nestled behind it is a well-maintained duplex, each unit boasting 2 bedrooms and 1 bath, complete with convenient in-unit washer and dryer hookups. These units are meticulously cared for and in excellent condition, offering tremendous potential for value appreciation. Located just minutes from the thriving Inglewood area, this property's prime location adds to its appeal. Whether you're looking to diversify your portfolio or secure a solid income-producing asset, this gem won't be on the market for long. Seize this opportunity to invest in a property with significant upside in a sought-after neighborhood!
Great Opportunity to own income property! 2-buildings consisting of 4 units, (3) two bedroom, one bath units and (1) one bedroom, one bath unit. The property had great square footage. All units are good sized. Unit 3410 (upstairs) has a balcony looking out to 2nd Ave.
Located in a prime location near vibrant Inglewood, and just moments from SoFi Stadium and Intuit Stadium, this commercially zoned duplex offers a rare blend of current residential use with expansive future potential. The property comes with approved plans and RTI permits for a modern 3-story apartment building featuring either three or four units. Ideal for investors and developers alike, this property offers the flexibility to capitalize on its commercial zoning while benefiting from its existing residential use. Embrace the dynamic growth of the area, with nearby entertainment venues, shopping, and easy access to major freeways. Don't miss out on this exceptional development opportunity. Property will be delivered vacant at the close of escrow.
Charming duplex, perfectly situated in the vibrant heart of Hollywood. With its unbeatable location, you’ll have easy access to the freeway and be just moments away from the city’s most iconic entertainment and cultural hotspots. This spacious duplex boasts 4 bedrooms and 2 bathrooms. Set on a generous 7,500+ sqft lot, the property features a fenced yard, ideal for relaxing or entertaining in privacy. Whether you’re drawn to the exciting lifestyle of Hollywood or seeking a serene retreat with ample outdoor space, this duplex is the perfect blend of urban vibrancy and homey tranquility. Don’t miss out on this exceptional opportunity!
Discover the ultimate in Hollywood living with this stunning triplex, nestled in the heart of one of LA’s most iconic neighborhoods. Spanning over 2,300 sq ft, this spacious property offers five bedrooms, perfect for families or those seeking extra space. With its beautiful stone exterior and fully fenced in driveway, the triplex exudes both charm and security, providing a private oasis amidst the vibrant cityscape. Enjoy the convenience of being close to major freeways and world-renowned entertainment venues, making commuting and exploring the best of Hollywood effortless. Whether you’re relaxing at home or diving into the dynamic local scene, this Hollywood gem offers a blend of comfort, style, and prime location that’s hard to beat. Don’t miss your chance to experience the best of urban living in one of LA’s most sought-after areas.
Presenting a distinguished 4-unit property spread across two separate parcels, each with its own unique address exceedingly rare feature that simplifies leasing and management. This property encompasses both parcels, offering unparalleled convenience for rental purposes.Three of the four units will be delivered fully vacant, with the potential for the fourth unit to follow suit, providing immediate and substantial rental income. Currently, the property generates an impressive gross income exceeding ($156,000,) with further potential for growth. The units exude a bright and inviting atmosphere, enhanced by their spacious layout and distinctive charm.The main unit features two well-appointed bedrooms, a stylish living room, and a generously sized kitchen. Each unit boasts its own kitchen and living area, ensuring comfort and privacy. The property also includes ample gated parking for all residents.Located in one of Los Angeles' most sought-after neighborhoods, this property is just minutes from premier restaurants, bars, and boutiques. This rare and exceptional offering is ideal for investors, owner-users, or anyone seeking to capitalize on rental income opportunities.Priced to Sell don't miss out on this remarkable chance to acquire a prime real estate asset.
***$300,000 PRICE REDUCTION***We are pleased to present 130 E. 29th Street, 4-townhome style units (two-duplexes) constructed in 2020, located just south of Downtown Los Angeles. Each unit is a large three-story, four-bedroom/four-bathroom townhome with an average size of 1,635 sf. Units feature balconies, central heat and air-conditioning, recessed lighting, luxury laminate flooring and kitchens with white shaker cabinets, modern subway tiles and modern appliance packages. The units are excellent for large families or co-living tenants as they are spread over three floors and feature massive kitchen/living areas with open floor plans, en-suite bathrooms for three of the four bedrooms, private garages and laundry rooms. The two buildings on the property consist of a total of 7,808 square feet and sits on a 6,250 square foot lot that is LARD1.5 zoned and in an opportunity zone. 130 E. 29th Street has a Walk Score of 78 (very walkable) and a Bike Score of 90 (biker's paradise). The property is approximately 1-mile from Downtown Los Angeles allowing easy access to grocery stores, entertainment, retail and some of the most popular restaurants and nightlife options in the city. The property is also just under 1-mile from the University of Southern California (USC) offering a viable housing option for its students and employees. The property is conveniently located near the 110 and 10 freeways and just a 0.8 mile walk to the Jefferson/USC Metro E Station providing easy westbound access to Culver City, West LA and Santa Monica and northbound access to Downtown LA and beyond.
***$300,000 PRICE REDUCTION***We are pleased to present 130 E. 29th Street, 4-townhome style units (two-duplexes) constructed in 2020, located just south of Downtown Los Angeles. Each unit is a large three-story, four-bedroom/four-bathroom townhome with an average size of 1,635 sf. Units feature balconies, central heat and air-conditioning, recessed lighting, luxury laminate flooring and kitchens with white shaker cabinets, modern subway tiles and modern appliance packages. The units are excellent for large families or co-living tenants as they are spread over three floors and feature massive kitchen/living areas with open floor plans, en-suite bathrooms for three of the four bedrooms, private garages and laundry rooms. The two buildings on the property consist of a total of 7,808 square feet and sits on a 6,250 square foot lot that is LARD1.5 zoned and in an opportunity zone. 130 E. 29th Street has a Walk Score of 78 (very walkable) and a Bike Score of 90 (biker's paradise). The property is approximately 1-mile from Downtown Los Angeles allowing easy access to grocery stores, entertainment, retail and some of the most popular restaurants and nightlife options in the city. The property is also just under 1-mile from the University of Southern California (USC) offering a viable housing option for its students and employees. The property is conveniently located near the 110 and 10 freeways and just a 0.8 mile walk to the Jefferson/USC Metro E Station providing easy westbound access to Culver City, West LA and Santa Monica and northbound access to Downtown LA and beyond.
Two units in the same lot divided with a fence, each unit has their own entrance, parking and yard.
Prime investment opportunity! This family-owned duplex, located near the iconic SoFi Stadium, is a fixer-upper with incredible potential. Both units will be delivered vacant, allowing for immediate renovations. The property also features a detached garage, which could potentially be converted into a 3rd unit for additional income. With a long driveway providing ample parking, this property is a rare find in a highly sought-after location. Don’t miss the chance to fix and save while capitalizing on the growth of this thriving area!
PRICE REDUCTION! Bring all Offers. RARE 4-unit income property in the incredible Miracle Mile / Hancock Park location of Los Angeles. The owner has spared no expense in renovating the units, including all plumbing and electricity, exterior fixtures, kitchens, and bathrooms. Truly one of the most sought-after locations in Los Angeles, this property is an ideal purchase for both Investors and Owner/Users alike. Located near the corner of Olympic and La Brea only a few minutes from the 10 Freeway and the Expo Line and steps away from the new Purple Line, this location is an ideal living situation for all.
Welcome to this stunning, fully remodeled property located in the heart of the prime Hollywood/Los Feliz neighborhood. This contemporary quadruplex offers the perfect opportunity for an owner-occupant to enjoy the main house while generating income from the other three units, or for a savvy investor looking for an ideal income-generating property. The main house boasts 4 bedrooms and 2 bathrooms, while the other three units each offer (1) two bedrooms and one bathroom, and (2 ) one bedroom and 1 bathroom. All beautifully updated and all units are VACANT. The main house features an ideal open floor plan bathed in natural light, with an oversized living and dining area, a spacious kitchen with a center island, and its own laundry facilities. The rear building consists of two levels with a total of three units: the first level includes 2 bedrooms and one bathroom, while the second level offers 2 one-bedroom, one-bathroom units. This property also includes a one-car garage and ample parking in the driveway. All three units share a common laundry facility located in a separate room. Property is fully gated and private. No expenses were spared; the owner has invested hundreds of thousands in upgrades, ensuring the buyer will be the first to enjoy the benefits. Some of the upgrades include a new roof, electrical system, insulation, drywall, plumbing, new stucco, flooring, bathrooms, kitchens, recessed lighting throughout the house, and custom doors, wrought iron fence. This property has been completely remodeled and is ready to impress even the most discerning buyer. Whether you're seeking a stylish residence with income potential or a savvy investment in a sought-after location, this home is must-see. Don't miss the chance to experience the best of Los Feliz living in this remarkable property!
Discover the perfect blend of charm and opportunity with this delightful, centrally located duplex in the Broadway-Manchester neighborhood of Los Angeles. This property features two detached structures on a single lot ideal for a savvy investor looking to expand your portfolio or a homeowner seeking a property with income potential. The front unit consists of 2 bedrooms, 1 bathroom and is currently providing an immediate source of rental income. The back unit consists of 3 bedrooms and 1 bathroom featuring a spacious layout, granite counter tops, modern laminate floors and laundry hook ups. This unit boasts its own private entrance and includes a one car garage and 2 additional parking spaces making parking a breeze. The units have clear separation allowing added privacy and independence; along with their own gas and electric meters ensuring clear and easy management of utility costs. Additionally, both units are equipped with modern tankless water heaters, offering efficient and on-demand hot water. Perfectly positioned near freeways, schools, public transportation, within 15 minutes to SoFi Stadium, Intuit Dome and the vibrant downtown LA scene, this duplex presents a unique opportunity to enjoy the best of Los Angeles living while also benefiting from rental income. Contact me for more information on how to arrange a viewing!
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.