LOCATION,LOCATION..GREAT INVESTMENT OPPORTUNITY...BEAUTIFUL DUPLEX,LOCATED IN A GREAT AREA OF EAST LOS ANGELES,2784 SF OF LIVING SPACE AREA..THIS VERY SPACIOUS DUPLEX FEATURES 2 SPACIOUS BEDROOMS AND 2 BATHROOMS EACH, DEEP LOT,LONG DRIVEWAY,3 ONE CAR GARAGES,PLUS PLENTY OF PARKING SPACE.THIS PROPERTY HAS LOTS OF POTENTIAL.IT WILL NO LAST.
fully remodel triplex located in Mid LA great neighborhood, All unit be upgrade new bathroom,Kitchen cabinets and flooring and roof.
A brand new 2023 construction NON RENT CONTROLLED four unit in South Los Angeles. This property is made up of two huge 5 bed/3 bath units & two 4 bed/3 bath units along with six on site parking spots. With ALL UNITS rented already and huge rental upside, it boasts a 6.88% projected cap rate! Do not miss this unmatched investment opportunity.
Please remember the following details: A high-cap investment opportunity, a new development project offering a 19% return, is available for sale. The property at 1721 Crenshaw Blvd is a permitted boarding house with 13 rooms. The property generates a monthly gross income of $30,000, with bank statements as proof of income. After deducting management's 20% fee, the property owner receives $30,000 in monthly deposits. The property, previously listed at $2.2M, is now available at a reduced price of $1.69M. The property at 1721 Crenshaw Blvd is well-maintained and offers an ideal opportunity for owner-users, investors, and developers. The location, in the highly desirable Los Angeles submarket of Mid-City, enhances its appeal as a prime asset for the future. Additionally, two other properties are in the vicinity:- 1717 S. Crenshaw Blvd. This boarding house features 7 rooms, generating a monthly gross income of $17,000. - 1st floor: 3 rooms & 2 baths - 2nd floor: 4 rooms & 1 bath This property is not currently on sale but is negotiable.1709 S. Crenshaw Blvd: This property consists of 4 units, and final permits are underway for the conversion. Its expected monthly gross income is $18,000 (Pro Forma). - 1st floor: Three rooms, each with 1 bed/1 bath (Final permit is coming soon) - 2nd floor: One large room with 3 bed/2 baths All these properties benefit from a convenient location between LADT and Santa Monica, with easy access to the 10/110 Freeways for a hassle-free commute across Los Angeles. There is also potential to change the zoning from R3 to R4, with a proposed 45-unit + 20-unit development on the 22,416 SF LOT (R3, TOC 3).
**$349,000 Price Reduction - 13.25 GRM on current rents ** 10883 Rose Ave is not subject to City of LA rent control, and is entirely comprised of bright and spacious 2-bdrm. and 2-bath units in the heart of Palms. The property is 2 blocks north of Overland Ave. and Palms Blvd, and is minutes from downtown Culver City, Sawtelle, UCLA, the 10 Fwy, and the 405 Freeway. Please note, Palms is home to a strong demographic of renters, with half of Palms residents are between the ages of 18-34, graduated from a 4-year institution, and have a household income of approx. $98,477 (demographic stats provided by Niche.com). Built in 2000, the property features (10) 2-bdrm. and 2-bath units that are not subject to LA city rent control. Each bright and spacious unit averages approx. 1,100 SF and has a gas fireplace and central A/C. Several interiors include wood laminate flooring, stainless steel appliances, quartz/granite countertops and recessed lights. 10883 Rose is offered at 13.25 GRM on current rents with approx. 16% rental upside, and will stabilize at 6.16% CAP and 11.41 GRM with projected market rents. Property amenities include a gated parking garage with 20 spaces, a community laundry room, and controlled access.
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a six-unit apartment community located at 1609 Oak Street. The subject property is located west of the 110 Freeway and south of Venice Boulevard. Situated on a 4,745 square foot parcel, the property is comprised of two studios and four one-bedroom units. The property has 40% remaining rental upside through unit renovations. 1609 Oak Street presents investors a unique opportunity to acquire an asset with a strong value-add component and the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market. Located in close proximity to multiple venues for the 2028 Summer Olympics in Los Angeles. The property is a short distance from venues in the "Downtown Sports Park", Including the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium, & more, which bode well for the long term prospects of this neighborhood.
2324 W Washington Blvd, a prime investment opportunity located in the heart of Mid City. This 4-unit multifamily property boasts a desirable unit mix, with all four units featuring spacious 2-bedroom, 1.5-bathroom floor plans. Each unit is designed with comfort and convenience in mind, offering expansive living spaces that are perfect for both families and professionals alike.The building spans an impressive 5,802 square feet on a 7,000 square foot lot, providing ample space for tenants. Each unit includes a separate laundry room, and with in-unit washer and dryer hookups, adding to the convenience and appeal for tenants.One of the four units is currently vacant and has been fully renovated, making it rent-ready for the new owner or ideal for an owner-occupant. This beautifully updated unit presents an immediate opportunity to generate income or enjoy modern living in a thriving neighborhood.Parking is a breeze with 4 designated spots on the property, of which only 2 are currently tied to leases, offering flexibility for future arrangements. The property is zoned LAC2, providing potential for additional development or other uses in the future.This property qualifies for attractive low down payment residential financing, making it an excellent choice for both seasoned investors and first-time buyers looking to enter the multifamily market. Don't miss out on this rare opportunity to own a well-maintained and income-generating property in one of Los Angeles' most dynamic and centrally located neighborhoods. Please Do not Disturb The Tenants.
Explore the allure of Atwater Village through this exceptional triplex, a hidden gem nestled within the vibrant Eastside of Los Angeles. Beyond its charm and convenience, this property presents an outstanding investment opportunity. Consisting of two distinct structures, one housing two units stacked atop each other, while the other boasts a garage with a one-bedroom unit above. Recent renovations have enhanced the front units, showcasing modern kitchens, stylish bathrooms, upgraded windows, fresh flooring, updated electrical/plumbing systems and laundry in each unit. Easy off-street parking for tenants, with tenants responsible for their own electricity and gas bills. Positioned in a coveted locale, this property is surrounded by a lively neighborhood adorned with chic boutiques, charming dining venues, and cultural hotspots. Don't miss the chance to make this incredible triplex your own!
Excellent opportunity to own this 5 units investment property (4 units & 1 detached SFR) situated in a corner lot, fully rented units, front building consist of 4- 1 bedroom and 1 bath and the rear building is a stand along 3 bedrooms and 1 bathroom. Closed proximity to USC campus, Exposition Park, California Science Center, the BMO stadium, LA memorial Coliseum, a few minutes from downtown Los Angeles, sports arenas, restaurants, shops, minutes to hot local spots, too many to mention. This property is a great opportunity to add to your portfolio, perfect for developers looking to renovate and or rebuild.
This exceptional investment opportunity features a well-maintained triplex with fresh paint throughout. The property includes three units: two with 2 bedrooms and 1 bathroom each, and a rear unit with 3 bedrooms and 1 bathroom. All units are in excellent condition, with two currently occupied by month-to-month tenants. Located within walking distance of Cal State LA and near downtown Los Angeles, this triplex is in a highly desirable area. With fresh paint and great rental potential, this property won’t last long. It’s ideal for investors or first-time homebuyers, especially since the 3-bedroom unit includes convenient laundry hookups inside, while the other two units offer separate laundry hookups in the back storage area. Act quickly—call now to schedule your showing before this opportunity slips away!
We are pleased to present 1238 S Beverly Blvd, a 18-unit apartment building located in Westwood, a neighborhood in Los Angeles, California. Built in 1946,the property consists o three (3) bachelor units, seven (7) bachelor + kitchenette units, and eight (8)studio units. The building is 7,834 gross square feet and sits on a 7,429 square foot lot. 1238 S Beverly Glen Blvd is located on a charming, residential street in Westwood, California. Residents will benefit from the abundance of restaurants, shopping, and entertainment options nearby. The property is within walking distance to the Century City Mall and only a 5 minute drive to Westwood Town Center. Strategically positioned in West LA, Westwood offers convenient access to major highways including the I-405 and the I-10. Its central location makes it an attractive choice for those needing to traverse to different parts of Los Angeles.1238 S Beverly Glen Blvd represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers an initial CAP rate of 5.12% with the ability to improve to a 6.42% CAP rate once units turnover.
PRIME K-TOWN CORNER LOCATION , WALKING DISTANCE TO FAMOUSE KOREAN SUPER MARKET (CALIFORNIA MARKET) , RESTAAURANTS , BANK , SHOPS ...UPDATED 70% COPPER PLUMBING , CCTV , 2 NEW ENTRY DOORS , LAUDRY ROOM IS VACANT NOW , 2 OF 2BED+2BATH , 1 OF 1BED+DEN , 1 STUDIO ARE NICELY REMODELED WITH NEW KITCHEN , IN UNIT WASHER & DRYER , BATHROOM .
1226-1228 S. Manhattan Place is a 6-unit multifamily property located in the Country Club neighborhood of Los Angeles. The building has a diverse unit mix of two (2) three-bedroom units and four (4) two-bedroom units. All of the units have been completely remodeled with brand new electrical, plumbing and mechanical. These units are sub-metered for gas, electrical and water, resulting in an extremely low utility expense which is rare in the Los Angeles market. Due to the renovations, the expense profile of the property is extremely low and will allow for strong cash flow immediately.
Totally remodeled 3units including ADU unit in the Miracle Mile area. Front building is a lovely 2-bedroom 2bath with open living room to modern kitchen. Back building is 2 large bedrooms 2 full baths with spacious living/dining room area and ADU Single unit. Designer finishes in both buildings. Attached carport with additional driveway parking. This property is a fantastic investment in an area that is close to all. Please do not disturb occupants......A MUST SEE.........
Unlock the potential of downtown Los Angeles with this exceptional 5-unit apartment building, perfectly situated near the Convention Center, and Crypto.com Arena. This prime property offers an incredible opportunity for investors looking to capitalize on the booming urban real estate market.
Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to offer for sale 3720 Midvale Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located West of Overland Avenue & South of Palms Boulevard, ideally located a few blocks away from the I-10 Freeway and half a block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3720 Midvale Avenue provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,991 square foot lot, the property is comprised of five one-bedroom units and four two-bedroom townhome units. Current ownership has extensively renovated the property including a new roof & select units have been upgraded with new water heaters, new electrical systems, luxury flooring, stainless steel appliances, large private patios, in-unit washer/dryers, & more. Townhome units feature private yards that attract more demand and garner higher rents. 3720 Midvale Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles.* Please refer to the Unit Configuration Summary on page 15 of the Offering Memorandum for further details.
Price Improved! Now a 7.1% Cap upon completion & rental of the 2 RTI ADUs! We are very pleased to exclusively offer for purchase The Melrose Villas, a beautifully renovated multi-family asset located in the heart of one of the trendiest, most up and coming neighborhoods in Los Angeles known as Virgil Village. Built in 1981 and then 100% expertly gutted and renovated both inside and out in 2024, 4071 Melrose is a beautifully curated 6-unit multi-family offering that also includes fully approved and paid permits for RTI plans for two additional ADU units, which would bring the total number of units to 8 at completion, as Buyer will be able to start construction on the additional 2 ADU units Day 1 following the close. The six existing fully renovated units feature stainless steel high-end GE appliances, beautiful marble inspired quartz countertops, custom kitchen and bathroom cabinets complete with under cabinet lighting in kitchen, custom herringbone ceramic tile backsplashes, high end white oak-style flooring, recessed lighting throughout, in-unit stackable washer/dryers, new windows, new doors, HVAC, and so much more. Unit mix for the existing six units is one 2+1 and five 1+1 units, of which currently 3 are newly rented ( the 2+1 at $3,000, front one 1+1 at $2,850 and one 1+1 at $2,750) and 3 are vacant, ready to be leased. Approved RTI ADU plans for the two side-by side units to include a large 3+2 unit totaling over 1,100 feet, estimated to rent for $4,000 once completed and a 2+2 totaling just under 800 sf projected to rent for $3,500 per month. With a total projected annual gross income for the eventual 8 units at $292,200, The Melrose Villas represents a truly excellent income producing multi-family investment opportunity in a super desirable rental pocket. Located in the heart of Virgil Village and boasting a 91 walk score, this perfectly located property is walking distance to so many hot restaurants and nightlife, including Courage Bagels, Sqirl, Voodoo Vin, Melody, Alma's Cider and Beer as well as all the local hotspots in nearby Los Feliz and Silverlake. Built in 1981, The Melrose Villas is only subject to AB 1482, which allows for 8.9% annual rent increases, and once the 2 ADUs are built will offer a very solid 7.1% cap rate and a 10.1 GRM. 4071 Melrose, which sits on a very large 7,108 square foot lot zoned RD 1.5, is an amazing multi-family income investment opportunity as it offers a fully gutted and renovated six unit property ready to achieve top market rents, plus RTI and paid for plans and permits for two additional units that will together generate over $292,000 in gross rents annually in one of the hottest rental pockets in all of Los Angeles!
Excellent opportunity for investors or owner-users to own and live in a 4-plex within the vicinity of our very own Highly desired Downtown Los Angeles area. VACANT unit is a 2nd level, 1 bedroom, 1 bathroom, with a beautiful Sunroom which has been recently remodeled, updated, and repainted ready for immediate move-in. Quadraplex has TWO 1 bedroom, one bathroom plus sunroom and TWO 2 bedroom and 1 bathroom units separated into 2 separate buildings. Building One features TWO one bedroom, one bathroom, and BONUS sunroom with 3 single car garages. This entire building is constructed with steel beam reinforcement from ground up. There is also a common area room featuring the utilities, storage, and washer/dryer hooks up should the owner prefer to install. Second Building has TWO units which are both 2 bedrooms and 1 bath. Lot has an impeccable landscaped wrap-around yard offering a private side yard for each of the buildings. Secured with Cylinder Block and Chain-Link fencing around the property, with its very own separate entrances. Exterior of both buildings has been recently painted with various upgrades done throughout the units and property. Property has an additional and detached TWO single car garages perfectly situated for future ADU conversion which would be an immense value add in both income and property aspects. Own or Live in the most rapidly growing markets adjacent to Downtown, Rampart Village, Echo Park, and Silver Lake. Area is centrally located to LA’s notable Dodger Stadium, Elysium Park, Disney Concert Hall, 110 and 101 freeway, a developing Metro Regional Connector and more!
This 11-unit two story apartment complex, consist of good size units, (1) 2 bedroom + 1 Bath, (5) 1 bedroom + 1 bath and (5) single + 1 bath. On site parking and on-site laundry facility with additional $3600.00 income. Owner recently completed retrofitting, new paint for the building and newly paved parking spaces. Low maintenance building and easy to maintain. The current rents are low but has great potential for increase in rental income. This apartment complex is conveniently located in the heart of K-Town and mid-Wilshire area, short distance to DTLA, Hollywood, shopping center, market, restaurants and many well-known eateries in K-Town. Walking distances to public transportation and easy access to 10 & 101 FWY. This is a great opportunity for investors as property being R-4 Tier-4 with over 8700 sq. ft. lot.
These 22 apartment units are an incredible investment opportunity cash flowing at a remarkable Current Cap Rate of 5.5% and 12.9 GRM from day one. Priced attractively at only $317k/door for fully renovated units, this property offers a significant upside potential to achieve an impressive 7.3% Cap Rate and 10.3 GRM on the proforma. This is a rare and excellent opportunity to acquire a turnkey apartment building with value-add potential in one of LA's hottest neighborhoods, Highland Park. The property features 14 fully renovated units with permits consisting of 8 units and 4 brand-new attached ADUs. Additionally, the parking soft-story retrofit has already been completed and all units are individually metered for gas and electricity, ensuring maximum efficiency in operation costs. The property features a diverse unit mix of 2 (2 bed/2 bath), 2 (2 bed/1 bath), and 18 (1 bed/1 bath) units. 14 units have been completely renovated with permits (1 vacant) and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. Notably, there are Preliminary Plans for 2 additional Detached ADUs over the open parking lot in the back that offer exceptional future upside potential. The property is steps away from all the hip restaurants, bars, and shops on Famous York Blvd. With its vibrant lifestyle close to Downtown Los Angeles, Highland Park has fast emerged as one of the most sought-after areas in town. The neighborhood offers easy access to entertainment venues and cultural hotspots, making it an ideal spot for young professionals and creatives seeking an urban lifestyle with all amenities nearby. For investors looking for high-quality investments in prime locations that offer long-term value potential while tapping into current trends, this property ticks all the boxes. The apartments are well-appointed with modern finishes that have been carefully curated to cater to today's discerning tenants' needs and tastes whether they be millennials or older adults seeking community living spaces that provide convenience along with style at every turn. Overall, these apartments represent an excellent investment opportunity that investors should consider taking advantage of now before it's too late!
HUGE PRICE REDUCTION, HUGE PRICE REDUCTION, WHAT A GREAT OPPORTUNITY TO OWN A DUPLEX IN LOS ANGELES, FRONT HOUSE IS 2 BEDROOMS ONE BATHROOM NICE AND CLEAN, THE BACK UNIT IS A 5 BEDROOMS AND TWO BATHROOMS, LOTS OF POTENTIAL TO BECOME USC STUDENTS HOUSING, RUN DON'T WALK, THIS ONE WON'T LAST. IT COULD ALSO BE AN OPPORTUNITY FOR AN INVESTOR TO TRANSFORM THIS ONE INTO AN APARTMENT BUILDING, PLEASE READ AGENT REMARKS.
Attention to all investors, the property consists of large 11,704 square foot zone LAR4 which gives a lot of development value in booming Koreatown. Located in Koreatown which is known for the fast developing opportunities and its close proximity to Downtown, Hollywood, Wilshire/Vermont Metro Subway Station, The Grove makes it easy for many attractions. Easily accessible by 10 Fwy 110Fwy. The existing 4plex structure consists of 7 bedroom, 5 bathroom and 4619 square foot living spaces built in 1936. 1 of the unit is currently occupied by a tenant, 1 unit occupied by owner and 2 units are VACANT. Active developer must acquire proper development plans, permit and evict current tenants. Buyer and Buyers agent are responsible for verifying the accuracy of all information and do their own due diligence and independently verify all information.
The property located in a heart of West Los Angeles surrounded by many shops, restaurants and entertainment establishments, and beaches. Stable occupancy and income stream. Designed by world renowned William Heffner, features 18 foot ceilings, in-unit washer/dryer.
This is an exceptional opportunity to acquire a Turn Key USC Student Housing. This beautifully restored Victorian home is a well-established, student housing located in the coveted DPS Patrol Zone within close walking distance to the University of Southern California. Offering a total of eight (8) bedrooms and four (4) bathrooms, split into two spacious units. Each unit consists of four (4) bedrooms and two (2) bathrooms, a huge private enclosed front yard for activities providing an ideal living situation for students. Equipped with parking spaces for additional income. Bottom unit is currently vacant and to be delivered vacant for owner occupant or rented for income. Major Value Add opportunity to construct an ADU, offering additional income to increasing cash flow. Don't miss out on this sound investment before the 2026 FIFA World CUP and 2028 Los Angeles Olympics as the home is situated in close proximity to LA Memorial Coliseum. Seller has recently completed painting the exterior and poured new concrete in driveway parking area spending over $45k in improvements, repairs and upgrades.
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.