This is a great investment opportunity for anyone looking for property in the Boyle Heights area. This apartment building consists of 12 bedrooms and 6 bathrooms, each unit is 2 bedroom and 1 bath. All tenants are currently month to month leases the property is 100% occupied and subject to the City of Los Angeles rent control regulations. Easy access to major freeways 10fwy and 60 fwy close to coffee shops and restaurants. Current gross income is $5,959.00/month
Welcome to an exceptional multifamily building situated in the heart of East Hollywood, Los Angeles. Discover the ultimate in Hollywood living with this stunning triplex, nestled in the heart of one of LA’s most iconic neighborhoods. This newly constructed property comprises three distinct units, offering a unique blend of spacious layouts and modern amenities. Six assigned parking spots are included with units, ensuring hassle-free parking. With its beautiful stone exterior and fully fenced in driveway, the triplex exudes both charm and security. The property's versatility makes it ideal for various lifestyles whether you're in search of a spacious family home, a comfortable space for co-living with roommates, or a lucrative investment opportunity to offset your mortgage by renting to friends and family. Enjoy the convenience of being close to major freeways and world-renowned entertainment venues. The property's cap rate stands at 5.7%.
*****DON'T MISS THE GREAT INVESTMENTOPPORNITY****Must see!!!!!There are four units on the property, two of the units have been remodeled and install new roof, 2 beds and 1 bath on each unit, long-term tenants, well maintenances, pride of ownership, located in the easy access convenience public transportation.
Exceptional Investment Opportunity in Prime L.A. Location. Discover this well maintained property, perfectly positioned near all the conveniences of Los Angeles. This stately building boasts nearly 6,000 sq. ft. of expansive living space, featuring spacious units that offer incredible potential. Rarely found, this property includes a large parking court and four garages, providing ample space for residents and guests alike. Built in the pre-Depression era, this investment is a testament to enduring quality and design, featuring oversized windows, a balcony, a tiled roof, and exquisite 1920s ornate details that exude charm and character. The curb appeal is simply unmatched, showcasing the timeless beauty of a bygone era. Properties of this caliber are a rarity in today's market. Situated in the heart of Los Angeles, this property is located in a rapidly expanding, high-demand area, offering significant growth potential. Whether you're an investor seeking a buy-and-hold opportunity or considering an owner-user investment, this property offers incredible flexibility. Brand new plumbing throughout. All units are currently month-to-month, providing new owners with the opportunity to increase rents by 3% per unit upon lease renewal. This is a straightforward sale, not subject to 1031 exchange but willing to work with buyer on exchange if necessary. Please do not disturb tenants. We appreciate your interest and look forward to helping you explore this exceptional investment opportunity. Thank you for considering this remarkable property for your investment portfolio.
Huge Price reduction! Spacious Duplex in Vibrant South Los Angeles Community - Presenting a unique opportunity to own a duplex featuring two expansive 5-bedroom homes, perfect for large families, multi-generational living, or investment potential. Located in the heart of South Los Angeles, this property offers easy access to some of the best that the city has to offer. Property Highlights: Two 5-Bedroom Homes: Each unit boasts five generously sized bedrooms, ideal for comfortable living. The layout provides ample space for privacy and shared family activities. Versatile Layout: Both units offer a flexible floor plan, perfect for customization to suit your needs. Each home is equipped with modern kitchens, spacious living areas, and updated bathrooms. Investment Potential: Live in one unit and rent out the other, or capitalize on the rental demand in this thriving neighborhood. Community & Prime Location: Situated near the 110 and 105 freeways, commuting to Downtown Los Angeles, LAX, or the South Bay is a breeze. The property is also close to public transportation options, including the Metro Blue Line. Local Amenities: Enjoy nearby parks, including Chester Washington Golf Course and the scenic Kenneth Hahn State Recreation Area. A short drive will take you to the bustling shopping and dining options in Leimert Park, West Adams, and Inglewood. Cultural Hub: The surrounding area is rich in culture and history, with local events, art galleries, and community centers that reflect the vibrant diversity of South Los Angeles. Education: The property is within proximity to several well-regarded schools and educational institutions, making it a perfect choice for families.
Stop the car, this is exactly what you've been looking for! This duplex, featuring two separate homes on a spacious 8,676 sqft lot, offers plenty of room to add additional units and/or ADUs. The interiors of both units have been updated with new kitchens, baths, flooring, and paint. However, minimal work has been done to the exterior of the property.This duplex includes two detached garages and an additional bonus room off the back unit, perfect for a home office or extra living space. Additionally, there is a long driveway with ample off-street parking. A major highlight of this property is that both units will be delivered vacant and turnkey, move-in ready on day one! Whether you're a family looking for two homes on a single lot, seeking an income property, or an investor looking for a project with strong returns, this property deserves serious consideration. Come see it for yourself!
Nice Mar Vista area triplex with larger upper 3BD/1.5BA unit. 2BD/1BA unit plus a Studio on the first floor. Garage in rear of property - 2 cars plus storage area. Laundry room on first floor. Great part of Culver Blvd. that sits back from "Big Culver" with nice open space and trees. Decent amount of street parking. Close to the 405 Freeway, Marina Freeway and Los Angeles International Airport. Abutting property right next door at 11775 Culver which is 5 units is also listed for sale, MLS# 24-438605. Very easy to rent and operate.
Welcome to this versatile multi-unit property, offering a unique blend of comfort, convenience, and potential income generation. Located on a spacious 4,842 sqft lot, this property features a total of three well-maintained units, ideal for investors or homeowners seeking additional rental income. Front unit paying $1,659, rear bottom unit is paying $1,114.50 and top rear unit is paying $1,211.91. The front unit is a charming single-family home with 2 bedrooms and 1 bathroom. Offering a warm and inviting atmosphere perfect for a family or a couple looking for a cozy home. This unit has 6 parking spots with 2 parking spots per unit. Behind the main house, you'll find a two-story building housing two additional units. Each of these units offers 2 bedrooms and 1 bathroom. These units are perfect for tenants seeking a comfortable living space in a prime location. Whether you're looking to rent out both units or live in one while renting the other, this property provides excellent flexibility. The property spans a total of 2,001 sqft of living space, with ample outdoor area for tenants to enjoy. Located in a desirable neighborhood and only 5 miles away from Sofi stadium and the new Intuit Dome, this property offers easy access to nearby schools, public transportation, and local shopping and entertainment options. Don’t miss out on this rare opportunity to own a multi-unit property that combines charm, convenience, and excellent income potential. Whether you’re looking to expand your investment portfolio or find a home that offers additional income, this property is a must-see!
Exceptional 1928 duplex, located on Detroit St in the vibrant Miracle Mile neighborhood of Los Angeles. This property beautifully combines historic charm with modern conveniences, large windows, favorable + accomodating floor plans, hardwood floors, & natural light. Upon entry, you're greeted by a generous foyer showcasing the arched doorways leading to a dining room & large living room boasting a stunning fireplace with a marble-like mantle & numerous windows that bathe the space in natural light. The sizeable dining room seamlessly connects to a well-appointed kitchen, complete with all essential appliances. The convenient laundry room off the kitchen adjoins a BA & offers an exit to the exterior of the property. This duplex provides 3 generously sized bedrooms, each with ample closet space. 2 of the bedrooms are suitable as primary suites, both offering direct access to a bathroom. One primary bedroom includes a dressing area with multiple closets in addition to the en-suite BA. Both units fit the description but the upper unit does offer a bonus room off the foyer & a balcony accessible from the rear BD. Additional amenities include 2 double-car garages with extra storage space, located at the rear of the property. Situated in a prime location near entertainment, restaurants, shopping, & houses of worship, this duplex offers an ideal blend of value, convenience, & character.
Developer's Delight! Triplex on a HUGE rarely found HALF ACRE+ lot! This property features three individual buildings with 2 bedrooms and 1 bathroom each. Separate water, gas, and electric meters. RTI plans included for 5-3 bedroom, 2 bathroom units! Build more units if desired! Amazing opportunity for the savvy investor to redevelop the site, live in one unit and rent out the others. This property represents a substantial opportunity for investors aiming to capitalize on a multifamily asset within a dynamic urban community. This location is convenient to dining, shopping, and the 105/110 freeways. Drive by only.
Welcome to 321 W Avenue 37 in Los Angeles! This charming triplex features three spacious units, each with 2 bedrooms and 1 bathroom. Enjoy the convenience of easy freeway access to the 110, putting you just a short drive away from Elysian Park, Dodger Stadium, and Downtown LA. Don’t miss this fantastic opportunity!
Exquisite Spanish style duplex located in the highly sought after Hancock Park adjacent area, in close proximity to the Grove. This charming property consists of two units, each with its own unique features. The lower unit offers a spacious layout with three generous bedrooms, including a bonus room, and two bathrooms. The beautifully remodeled kitchen and bathrooms feature elegant granite countertops, complemented by recessed lighting and stylish wood flooring. Conveniently situated off the kitchen, a separate laundry room equipped with a washer and dryer opens up to the backyard, providing easy access and a private outdoor space. Additionally, both units are equipped with their own washer and dryer hook-ups. The upper unit boasts three bedrooms and two bathrooms, providing ample space for comfortable living. With a remodeled kitchen and bathrooms matching the lower unit's impeccable design, this unit exudes sophistication and style. Enjoy year-round comfort with central air conditioning and heating throughout the property. A remarkable five-car garage ensures ample parking space for residents and guests alike. The prime location of this duplex allows for easy access to popular attractions such as the Grove, Larchmont, LACMA, as well as a diverse range of dining and shopping options. Furthermore, residents will be pleased to know that the property falls within the highly regarded 3rd Street School district, offering excellent educational opportunities for families. Don't miss out on the opportunity to own this exceptional property that combines timeless Spanish architecture, and an unbeatable location.
Welcome to 4118 W 2nd St. This turnkey property boasts a 3 bedroom, 2 bathroom main house plus a brand new ADU. The main house interior has been completely remodeled with an open floor plan, new kitchen, bathrooms, new HVAC system, and new flooring and windows throughout. Enjoy using your updated kitchen featuring new quartz counters, shaker cabinets, and a beautiful farm-style sink. Outside, the property is secured by a new wood fence on the side and back. Out front, you have an automatic gated driveway leading into the new two-car garage, allowing up to 4 cars to park inside the gate. The newly built Accessory Dwelling Unit (ADU) has a kitchenette with a full bathroom. Use as a guest house, an in-law suite or ideal for an investor looking to rent for extra income. Come check out this gorgeous property that is located near Hancock Park, Hollywood, and Downtown LA.
OFFER DEADLINE WAS 8/15/24 AT 5:00 PM. 20+ OFFERS HAVE BEEN RECEIVED, AND THE SELLER IS ISSUING A SMCO .Investment Opportunity! 142 S Savannah St is a fourplex in Boyle Heights. Built in 1959, this two-story building encompasses 2,656 SF and is situated on a 5,199 SF lot with space for potential ADU(s). The unit mix consists of (4) 2 bed + 1 bath units, approximately 664 SF each. 142 S. Savannah St provides the opportunity for an Owner/User who would live in the vacant unit and use the rent from the tenants to offset their mortgage or a value-added operator who would employ CAPEX to renovate the vacant unit and construct ADUs to stabilize the property for a higher rate of return.Located in vibrant Boyle Heights, just west of downtown Los Angeles, the property is ideally situated near renowned schools. It's just 2.5 miles from Cal State LA, 3 miles from the USC Health Sciences Campus, and a short drive from East Los Angeles College, offering convenience for student tenants.
Situated in the Hollywood neighborhood, Lamlex Lexington Apartments consists of 20 units. The property is located minutes away from two major thoroughfares, Santa Monica Blvd, Sunset Blvd, and the 101 Freeway. Residents benefit from the short commute to Downtown Los Angeles and the walking distance to all nearby amenities along Sunset Strip and Santa Monica Blvd. Lamlex Lexington Apartments offers 16 studio/one-bath apartments each measuring approximately 425 square feet each and 4 one-bed/one-bath apartments each measuring approximately 700 square feet each. The average unit size is approximately 480 square feet. The apartments are separately metered for gas and electric.
2010 Hauser Blvd is a 12-unit apartment community located in Mid-City. Currently being offered at an impressive 5.84% Cap Rate and a 10.57 GRM on existing income with considerable remaining rental upside! Built in 1963, the Hauser Ave. apartment is a low-rise style building offering an incredible unit mix of (6) Two-Bedroom/One-Bathroom units and (6) Three-Bedroom/Two-Bathroom units. There are a total of (12) surface parking spaces located in the rear of the property. Units are extra large and individually metered for gas and electricity and have wall air conditioning.
5613 Virginia Ave is a 16-unit apartment community located in Hollywood. Situated on a prime location at Virginia Ave and N St Andrews Pl, 5613 Virginia Ave is currently being offered at $193.83/SF and 9.99 GRM on existing income. Built in 1929, 5613 Virginia Ave is a low-rise style building offering (5) Studio/One-Bathroom units and (11) One-Bedroom/One-Bathroom units.
We are pleased to present a prestigious development opportunity located in a premier area of the Westside. 745 N Croft Avenue is a VACANT duplex which boasts close proximity to Melrose Place, known for its high-end retail and incredible dining establishments. Favorably zoned (Q)R3-1, the site allows for a range of uses utilizing California's recently adopted new housing laws intended to ease multifamily development including reduced parking requirements and allowance of accessory dwelling units (ADUs) on certain sites. Also zoned TOC 2, this exceptional and rare opportunity offers a buyer a range of attractive redevelopment options in the thriving West Hollywood adjacent market.
All 4 Units may be able to be delivered VACANT. Contact Listing Agent for details. We are pleased to present 1435 N Las Palmas Ave, a beautifully remodeled 4-plex offering an incredible investment opportunity in Prime Central Hollywood. With a total square footage of 3,844 situated on a 5,150square feet lot zoned RD1.5-1XL, these four spacious units consist of Two bedroom / Two bathroom units which also offer in-unit laundry, wood flooring, brand new plumbing, a new roof, modern electrical systems, and extensive renovations to both the kitchens and bathrooms. All units are individually metered for both gas and electricity.1435 N Las Palmas Avenue Nestled in the vibrant heart of Hollywood, this property offers unparalleled access to the city's most iconic attractions. You're minutes away from the Hollywood Walk of Fame, TCL Chinese Theatre, and the bustling Hollywood & Highland Center. With a Walk Score of 91, you have easy access to nearby parks and recreation areas, including Griffith Park and Runyon Canyon, This property also has excellent public transportation links with proximity to the Hollywood/Vine Metro station making commuting a breeze. This unbeatable location is in Los Angeles's most dynamic and sought after neighborhood.
OFFER DEADLINE WAS 8/15/24 AT 5:00 PM. 20+ OFFERS HAVE BEEN RECEIVED, AND THE SELLER IS ISSUING A SMCO .Investment Opportunity! 142 S Savannah St is a fourplex in Boyle Heights. Built in 1959, this two-story building encompasses 2,656 SF and is situated on a 5,199 SF lot with space for potential ADU(s). The unit mix consists of (4) 2 bed + 1 bath units, approximately 664 SF each. 142 S. Savannah St provides the opportunity for an Owner/User who would live in the vacant unit and use the rent from the tenants to offset their mortgage or a value-added operator who would employ CAPEX to renovate the vacant unit and construct ADUs to stabilize the property for a higher rate of return.Located in vibrant Boyle Heights, just west of downtown Los Angeles, the property is ideally situated near renowned schools. It's just 2.5 miles from Cal State LA, 3 miles from the USC Health Sciences Campus, and a short drive from East Los Angeles College, offering convenience for student tenants.
We are pleased to present a prestigious development opportunity located in a premier area of the Westside. 745 N Croft Avenue is a VACANT duplex which boasts close proximity to Melrose Place, known for its high-end retail and incredible dining establishments. Favorably zoned (Q)R3-1, the site allows for a range of uses utilizing California's recently adopted new housing laws intended to ease multifamily development including reduced parking requirements and allowance of accessory dwelling units (ADUs) on certain sites. Also zoned TOC 2, this exceptional and rare opportunity offers a buyer a range of attractive redevelopment options in the thriving West Hollywood adjacent market.
Are you ready to build generational wealth? This prime multi-family triplex in historic Highland Park offers a golden investment opportunity offered at only $360k per door! Situated on an oversized lot just one block from lively Figueroa Street—an artistic neighborhood, home to trendy coffee shops, eclectic eateries, and the renowned LA Farmers Market. The Highland Park metro-link station is just 1/4 mile away, adding to the convenience. The triplex features three separate units all with newer roofs. The two front units (approx 825 SqFt each) with outdoor spaces, and a rear detached Craftsman home (approx 1,115 SqFt) with its own backyard. Each unit includes a garage, in-unit laundry, separate dining, and living areas, plus independent gas and electricity. With high demand and substantial rental potential, this property is a rare find, available for the first time in over 45 years. Currently fully occupied with month-to-month tenants, it’s a prime opportunity to start building generational wealth. This property is a gem. Make your offer today!
Great income generating units! Total of 4 units, 3 units have 2 bedrooms and 1 unit has 1 bedroom. Great Location! less than 2 miles from the university of souther California USC. In Pico union/ Korea Town. Few minutes from downtown Los Angeles, LA Live, Crypto Arena, USC Coliseum and Bank of California Stadium. Units have been completely remodeled with brand new flooring, New kitchen and quartz countertops.
FANTASTIC INVESTMENT OPPORTUNITY! Located in vibrant South Los Angeles! This beautiful remodeled 6-U property offers 4 desirable 1B/1BATH units and 2 cozy studios. Recent upgrades include new flooring throughout, fresh interior paint, and modern lighting and fixtures. Some new plumbing and electrical systems Windows provide ample natural light and improved energy efficiency. Enjoy the low maintenance charm of new artificial grass, complemented by an outdoor privacy gate for added security and seclusion. This is an ideal investment for both seasoned and new investors alike with a 8% cap rate! Expenses such as property taxes are calculated based on current listed price. Insurance and water expenses are based on current fees. Dont miss out on this exceptional opportunity!! DRIVE BY ONLY DO NOT DISTURB TENANTS Buyer to cooperate with seller's 1031 exchange at no cost to buyer
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.