We are pleased to present 2707 W Jefferson Blvd, a rare FULLY VACANT 6-unit mixed-use property located in the Jefferson Park neighborhood of Los Angeles with a pro forma 7.74% cap rate.Built in 1912/1950, this opportunity is comprised of two separate structures totaling 3,586 rentable square feet that is situated on a 5,001 square foot LAC2 zoned lot with alley access. The unit mix consists of (2) two front commercial units (1st floor), (1) one-bedroom unit (2nd floor), (1) two-bedroom unit (2nd floor), a nonconforming studio (2nd floor), plus a three-bedroom single family freestanding home located in the rear of the property. Being delivered 100% vacant presents the next investor a unique opportunity to immediately reposition the property into a 7.19% pro forma and ultimately provides flexibility for determining unit rehab finishes and new tenant selection to stabilize the property at market rents along with an additional value add component with legalizing the studio unit. 2707 W Jefferson Blvd is situated in a transit-oriented location near numerous bus stops that is realizing tremendous growth and transition due to its proximity to West Adams, Koreatown, USC and Downtown Los Angeles. Local favorite community establishments consist of Harold & Belle's, CAFE5, Highly Likely, and much more throughout this Jefferson Blvd corridor.
A rare find!!Land to Develop!! these 2 side by side parcels R3-1 zoning in the opportunity zone with a 146 feet frontage and 200 feet deep (29,200sqft), the possibilities here are endless, located in the TPAs (transit priority areas) TOC tier2 great property for housing providers, low-income developers. Nonprofit institutions, government housing providers and Homeless housing providers may qualify for a fast-track project approval, per owner remarks can build between 150 -250 units depending on the housing tier of the project, buyers to do their own due diligence and confirm best and highest use with the zoning and building authorities of the City of Los Angeles, currently existing buildings consist with a total of 8 units ( fourplex at 9320 Firth Blvd and 2 SFRs and a duplex at 9324 Firth Blvd a total of 8 units in 2 parcels) you have plenty of room to do ADUs or expand units or tear down to build.
Courtesy: Compass
Great investment opportunity, with huge upside potential. This property is in a vey desirable location in Los Angeles. This property consist of 3 SFR's one with 3 bedrooms and 1 Bath! two of the SFR are 2 bedrooms and 1 Bath and a Triplex in the rear 2 with 2 bedrooms and 1 bath and one with 1 bedroom and 1 bath. This property also includes an attached 3 car garage. This property just needs the right investor to truly bring out the potential and full value of this property.
This property is well maintained and fully occupied. Built in 1990; not under the RSO rent control. All units are two (2) bedroom / one (1) bathroom.
Best property in the student housing area surrounding the USC campus! Discover the crown jewel of the North University District with this stunning updated historic property, perfectly tailored for USC students seeking a blend of luxury and tradition. This unique residence boasts a beautiful Spanish-hacienda design, preserving its ornate architectural details while offering modern amenities that ensure comfort and convenience. The property currently features 20 units, comprising a mix of eight two-bedroom apartments and 12 one-bedroom apartments, providing ample options for students. There are preliminary plans to add six additional units by right and potentially up to eight Additional Dwelling Units, expanding the total rentable area by about 5,500 sq. ft. This enhancement could increase rental income by approximately $270,000 annually. There is an opportunity to increase the number of bedrooms inside the existing building. Each unit has ample space to add an additional bedroom. Don't miss your chance to own this remarkable piece of real estate that seamlessly blends historic charm with modern luxury.
This home encompasses a total of 5 bedrooms and 3 bathrooms. Directly next to the back unit you will find a Detached two (2) car garage. Each unit has it owns yard, perfect for entertaining or enjoying simply enjoying the outdoors with your family. This is the perfect investment opportunity. It is conveniently located near school, shopping, parks and freeways, this one is definitely a MUST SEE! Priced to sell, so schedule your tour today.
Excellent opportunity to acquire a solid investment property in Leimert Park. This TOC Tier 3 zoned building features four 1-bedroom units, each with in-unit laundry. The units showcase charming characteristics coveted in this area - wood beam ceilings, hardwood floors, generous room sizes, bathrooms with period piece bathroom tiles and separate tubs and showers. Electrical updates and central air and heat enhance the appeal. The property has stable tenants and is in a highly rentable location, near the Crenshaw and Expo lines, Baldwin Crenshaw Mall, new Costco, just 10 minutes to DTLA, and 3 miles from USC. +One unit will be vacant at closing, making it ideal for investors or owner-occupants. Great location with cash cow potential. *Drive by only write offer STI, some areas have been virtually staged. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, rent potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.
RENT INCREASES APPROVED AND NEWER CONSTRUCTION PRICED AT 6% CAP RATE! Modern spacious triplex newly built in 2019. Centrally located with easy access to freeways, restaurants, shopping, and more. The front home is a completely independent, detached home with 4 beds, 3 baths, 1,700 square feet, and a two car garage. Separate building at the rear of the lot is more private, each unit also containing 4 beds, 3 baths, and 1,561 square feet. All units promise consistent cash flow at maximum approved rents. All are designed with open living space floorplans, primary bedroom suites, and in-unit laundry. Due to the units being brand new construction as of 2019, the property is not subject to rent control, there are close to zero maintenance costs, and the new construction building warranty guarantees the new owner against latent defects. Hardscaped exterior driveways allow for ample parking, with additional yard space secured by a gate, which also adds extra security for the grounds. All units are separately metered for gas, electricity, and water, with each tenant paying their own utilities. Significant potential for appreciation based on upcoming nearby Olympic and World Cup events, expanding public transportation system, and an influx of investment into the area. Priced at a cap rate of 6% this deal is a no-brainer.
INVESTOR'S DELIGHT, OR OWNER USER. TWO HOUSES ON A SPACIOUS CORNER LOT IN MID-CITY LOS ANGELES. FRONT HOUSE IS A FIXER AND HAS 2 BEDROONS ONE BATH. BACK HOUSE IS ONE BEDROOM ONE BATH AND IS TENANT OCCUPIED. OWNER MAY HAVE SOME PLANS FOR EXPANSION AND REMODEL OF THE PROPERTY. CALL LISTING AGENT FOR MORE INFO. PLEASE DO NOT DISTURB TENANT IN BACK HOUSE. "OFFERS ARE SUBJECT TO INSPECTION".
Owner of the property wants to sell, please make a reasonable offer. This Curb appeal residential 4Units is located close to USC and 10Freeway. 3units are 2 beds/1 bath, and 1unit is 1 bed/1 bath. All units are fully occupied. Two story building with two units on each level. A spacious court area for the gathering or BBQ is rear building. Exterior stairs is recently redone. Since USC campus is few blocks away, potential for USC students housing. Convenient location for many dinning, retail stores, entertainment options. And also Staple center and downtown LA is just minutes away by car. Property is being sold in AS-IS condition. Please Do Not disturb occupants. Drive by Only. Property to be shown with accepted offer.
Great investment opportunity by owning this four unit property located in Boyle Heights, a vibrant and culturally diverse neighborhood known for its rich history in the heart of Los Angeles. Boyle Heights is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. Many new multi-use developments currently underway. Each unit is a 1bed/1bath with living room and laundry area . Each unit has its own separate address, and separate meter for gas & power. A lot of opportunities to grow your income with upside rental potentials in this strong rental market.The owner is responsible for water. Property is located within walking distance to bus stops, schools, stores, hospitals and easily accessible to freeways.
Multi-family dream site! This triplex is located in the Rose Hill neighborhood of Montecito Heights and is waiting for a new owner to maximize this property's potential. This street-to-street lot (Beryl St and Huntington Dr. N.) provides a great income opportunity or future development site (up to 7 units can be built - buyer to verify). It also suits an owner-investor who wants to live in one of the units while deriving income. Two units will be delivered vacant at the close of escrow, which means market rents can be immediately obtained. The middle unit will remain rented and is currently under rent control. There is ample parking for all the units as the property has driveways on either side. The property is located next to Rose Hill Rec Center and a short distance to Rose Hill Park. Furthermore, it's about 2 miles from USC Keck Medical, LA County Hospital, and about 5 miles from the Huntington Memorial Hospital and Pasadena. Other shops and restaurants are conveniently located in neighboring El Sereno and Highland Park and provide access to everything needed. The area is undergoing recent growth which includes several residential development sites nearby.
Courtesy: RE/MAX TOP PRODUCERS
This oversized single lot in Hollywood could be the perfect site for your new multifamily development project. Whether you aim to deploy a more conventional methodology of design and density calculation or take advantage of certain timely legislation for creating affordable housing, the location and zoning will support a wide range of site utilizations. The property is walking distance (about six blocks) from the Vermont/Santa Monica Metro Station and will provide income while you plan your project. The property is situated in the vibrant East Hollywood area of Los Angeles and is just one block away from Normandie Ave. and Santa Monica Blvd. This provides easy access to DTLA, the 101 Freeway, and public transportation. The neighborhood is known for its tree lined streets. Los Angeles City College, Barnsdall Art Park, and several large hospitals are nearby, adding to the location’s appeal. The property consists of four units, with the front unit having two bedrooms and one bathroom, and the other three units each having one bedroom and one bathroom. With long-term, good paying tenants already in place, it presents a solid covered land opportunity. The property’s proximity to key amenities and zoning make it an excellent candidate for current and/or future development.
2 VACANT units with separate addresses. Close proximity to USC, Downtown Los Angeles, Garment District, 10 Freeway and other major freeways, Close Proximity to Metro and Public Transportation, Lots of new construction in the area, Great potential for rental investment or Live in one and rent the other. Newly renovated, very bright, with new Flooring, bathrooms, Roof, Recessed Lights, Gated Parking in Front and Back, Appliances, Water Heaters, Windows, Doors, and many more. Rear Unit has its own address 1153 E. 22nd. Buyers to do their own due diligence and investigation to be regarding square footage, permits, conditions, use, and others. Owner is real estate professional and the listing agent.
Opportunity Knocks! Melrose Hill! PRIME DEVELOPMENT OPPORTUNITY! The property will be delivered Vacant! Developers and end-users unlock the potential of this well-maintained duplex in East Hollywood - Melrose Hill. Explore options, Buyer to verify: Develop units or nine townhomes or live in one unit and rent out the other. Nestled in the historical Melrose Hill, it's a hot spot for new construction. Proximity to Melrose Blvd, Paramount Studios, and more ensures high demand. Join the wave of growth in LA's dynamic heart your canvas awaits! Units will be delivered vacant. The Main house has laundry. Back unit: No laundry. Ample Parking. The main house has a small garage-type storage in front of the home near the yard.
Courtesy: Westline Properties
Multi-family dream site! This triplex is located in the Rose Hill neighborhood of Montecito Heights and is waiting for a new owner to maximize this property's potential. This street-to-street lot (Beryl St and Huntington Dr. N.) provides a great income opportunity or future development site (up to 7 units can be built - buyer to verify). It also suits an owner-investor who wants to live in one of the units while deriving income. Two units will be delivered vacant at the close of escrow, which means market rents can be immediately obtained. The middle unit will remain rented and is currently under rent control. There is ample parking for all the units as the property has driveways on either side. The property is located next to Rose Hill Rec Center and a short distance to Rose Hill Park. Furthermore, it's about 2 miles from USC Keck Medical, LA County Hospital, and about 5 miles from the Huntington Memorial Hospital and Pasadena. Other shops and restaurants are conveniently located in neighboring El Sereno and Highland Park and provide access to everything needed. The area is undergoing recent growth which includes several residential development sites nearby.
Courtesy: KW Advisors
Welcome to this beautifully maintained duplex situated in a vibrant Los Angeles neighborhood. Perfect for both homeowners and investors, this property features two spacious units, each with its own unique charm. 2 Unit Features: 2 bedrooms, 1 bath with a bright and airy layout, hardwood floors, and a cozy living area. Enjoy a shared backyard, perfect for entertaining or relaxing under the California sun. Ideally located near popular shops, restaurants, and public transportation, with easy access to major freeways. This duplex is a fantastic opportunity to own a piece of Los Angeles real estate, whether you're looking to live in one unit and rent out the other or add to your investment portfolio. Don’t miss out on this gem!
Discover an exceptional investment opportunity with this prime building located just a short walk from the prestigious University of Southern California. This well-maintained property features 31 units, comprising 18 one-bedroom apartments, 12 studio units, and a spacious four-bedroom, two-bathroom additional dwelling unit, catering to a diverse range of tenant needs. Currently generating over $55,000 in monthly income, this property boasts an impressive 6.20% CAP rate and an 11.63 GRM, making it a lucrative addition to any portfolio. The property is professionally managed and is fully occupied for the 2024-2025 USC school year, ensuring a steady income stream. Additionally, the property holds a Mills Act designation, providing significant property tax savings that enhance its investment potential.
Major Price Reduction! 2024 New Construction in a prime Mar Vista location with a rooftop common area featuring 360-degree city views. 11600 National Blvd offers tenants a luxurious living experience with exquisitely designed apartments with spacious bedrooms and closets, in-unit washers/dryers, laminate wood flooring, custom built-in kitchen cabinets with all stainless appliances, including refrigerators, microwaves, stoves & dishwashers, and all units are equipped with balconies. Amenities include a beautifully landscaped rooftop deck with breathtaking panoramic city views. TOC is expected any day and will be full CofO in a few weeks. Walk to Whole Foods on the same block and great restaurants around the corner. This building is in the coveted Westdale Trousdale neighborhood with extensive parks and beautiful tree-lined streets.
Located in the heart of Historic South Central Los Angeles. Multi-unit (5) offering located approximately 1 mile away from USC and the Coliseum. 2 miles away from Crypto.com Arena, BMO Stadium and LA Fashion District. Very close to 110 and 10 freeway(s). Take advantage of the opportunity to acquire this unique investment property. Parking for the units located in the rear. Tenants enjoy close proximity to ample job opportunity, property within 3 minute drive to Superior Grocers.
This multi-family asset is located in the County Strip of the City of Los Angeles. This property consist of four separate buildings. These 15 units sit on over a half acre of land, that offers plenty of parking and common areas for the tenants. The grounds are also gated offering security and privacy for tenants.
Los Angeles is located in California. Los Angeles, California has a population of 3,902,440. Los Angeles is less family-centric than the surrounding county with 29.48% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
