I challenge you to find any multi-family these days in City of L.A. that has a true cap rate of 6.67 and a gross rent multiplier of 11.97. Never mind one that is brand new construction, in a good location, with ample parking and amenities such as rooftop decks with mountain views. Yet that is exactly what you are getting here at 2611 E 4th St! The rooftop decks, by the way, have proven to be a huge amenity, as they allow the tenant to entertain on a large scale in a highly aesthetic setting without disturbing other tenants on the premises. Delivered vacant, your tenants will be thrilled to pay the rents listed here, in dwellings that include very attractive finishes and layouts, all standard amenities including central heat and air, dishwasher and appliances. Also in unit laundry in each unit (washer/dryer not provided - hookups only.) All but one of the units will enjoy two car parking. As far as location, this property is a mile away from the 4th St Bridge that takes one right into the Art District, Little Tokyo and all other downtown venues. Not to mention that Boyle Hts itself, particularly this section of Boyle Hts, is truly burgeoning into one of LA's most charming and flourishing neighborhoods, in leaps and bounds. And this property is right in the thick of it all. Bottom line - as a landlord/property owner, you will thoroughly enjoy owning a property which not only cash flows, but will give you no headaches or unexpected expenses, being a brand new construction property, and tons of upside. Oh yes, forgot to mention that tenants pay for ALL utilities including water and trash. Oh, and one other very important thing - I have a lender who will give 30 yr fixed financing despite the fact the property is 5 units! Oh, and of course you can come see the property anytime. Looking forward to seeing you!
We are pleased to present a four (4) unit apartment building located at 2625 San Marino Street in Los Angeles, California. The subject property is situated in a n ideal Koreatown location, west of S Hoover St and north of W Olympic Boulevard. Built in 1916, this property of a streamlined unit mix of four (4) one-bedroom / one-bathroom units. All four (4) units will be delivered vacant. The units are very spacious averaging over 1,150 square feet each and include washer and dryer hookups. Senate Bill 1211, which recently was signed by the governor, allows for the potential to double the unit count by converting the carports located in the bac k of the property into individual ADU unit(s). This asset also boasts easily maintained landscaping with lovely curb appeal. The surrounding area also features many other wonderful amenities including MacArthur Park, Coffee MCO, Langer's Delicatessen-Restaurant, The Bellwether, and Dynasty Typewriter. This property is also located only a few blocks from the Westlake/MacArthur Metro Line providing tenants immediate access to major employment hubs throughout Los Angeles. Situated in an ideal Koreatown location, this offering presents an excellent opportunity for any investor to capitalize on a completely vacant building with the potential to double the unit count.
** 1031 EXCHANGE BUYERS, LOOK NO FURTHER.** DON'T WAIT!! OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT AND TAKE IT FASTER THAN ANYONE ELSE. LEAST EXPENSE BUILDING IN TOWN. Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, (one for top and one for bottom for separate tenants) 1838 Sq ft. CURRENTLY PAYING $4,500.00. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom)(RECENTLY LEASED) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH) units totaling 2,046 Sq Feet expected to generate $5,150 a month. Close proximity to SilverLake , Paramount Pictures, Downtown Los Angeles and Hollywood. please do not disturb the tenants. THIS WILL BE A STABLE CASH FLOW COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS (all utilities, including and not limited to water/sewer is being paid by tenants)
$50,000 Price Reduction! 12718 Mitchell Ave is a well-maintained nine-unit apartment building situated in a prime area of Mar Vista. It is conveniently located just one block north of Washington Boulevard and three blocks west of Centinela Avenue, making it close to both Culver City and Marina Del Rey. Built in 1971, the building features a wood frame and stucco construction. The unit mix consists of seven spacious one-bedroom, one-bathroom apartments and two large two-bedroom, two-bathroom apartments. With tenant turnover and updates to modern standards, the rental income could potentially increase by approximately 24%. The property offers on-site laundry facilities, a three-car garage, three parking spaces in front, and six additional spaces in the alleyway. Please note that the mandatory soft-story earthquake retrofit has not yet been completed.
Discover this updated townhouse-style quadruplex nestled in a serene pocket of unincorporated Los Angeles County. Perfect for both investors and owner-occupants, this property offers a blend of contemporary updates, functionality, and charm. All four units have been tastefully updated within the past five years, featuring new flooring, upgraded fixtures, stylish lighting, and fully remodeled kitchens and bathrooms. A newer roof and a brand-new water heater ensure peace of mind and efficiency for years to come. Each unit includes its own private outdoor patio, perfect for relaxing or entertaining. The front unit boasts 3 spacious bedrooms and 2.5 baths, an attached garage with washer/dryer hookups, and a thoughtful layout ideal for comfortable living. Additional 3 units are 2 bedroom, one bathroom. All bedrooms located upstairs. There is an on-site laundry room for use by 2 bedroom units.
Discover an exceptional investment opportunity with this stunning new construction, green-certified six-unit building in the heart of Los Angeles. The building features a diverse mix of two 4-bedroom, 3-bath units; two 4-bedroom, 4-bath units; and two 3-bedroom, 3-bath units. Each unit is meticulously designed with open floor plans, spacious living and dining areas, gourmet kitchens equipped with stainless steel appliances, quartz countertops, and stylish cabinetry. Additional highlights include private yards, in-unit laundry, central HVAC, and sleek, modern bathrooms with premium fixtures. Ample closet space and high-end, durable finishes complete these thoughtfully designed units, built to attract tenants and minimize maintenance costs. Currently fully occupied, the property delivers a strong 5.83% cap rate in year one, with projections increasing to 6.12% in year two due to built-in rent escalations. Adding to the investment’s appeal is the potential to convert two garages into Accessory Dwelling Units (ADUs), creating two additional 2-bedroom units with custom amenities such as kitchens, bathrooms, and living spaces. This value-add opportunity could unlock a potential 7.5% cap rate, further enhancing the already impressive cash flow. With each unit separately metered, landlords avoid utility expenses, boosting profitability. The property’s prime location enhances its value and tenant appeal. Located less than 1.3 miles from USC’s West Entrance and 1.8 miles from the Los Angeles Memorial Coliseum and LAFC Stadium, the building benefits from proximity to key city landmarks and vibrant attractions. Boasting an 85 Walk Score, tenants enjoy easy access to freeways, public transportation, and nearby shopping, dining, and entertainment. The neighborhood’s thriving rental market ensures long-term appreciation and consistent occupancy. Investors also gain peace of mind with a 1-year builder warranty, while the green-certified construction offers energy efficiency and reduced tenant utility costs. The property includes 12 parking spaces (8 covered garage spots and 4 uncovered), a rare and desirable feature in Los Angeles. Best of all, this property is exempt from rent control, allowing for maximum rental income and flexibility. Whether expanding your portfolio or seeking a high-performing investment, this property offers unmatched financial benefits, modern amenities, and strong market potential.
Courtesy: TNG Real Estate Consultants
Courtesy: JohnHart Real Estate
Courtesy: Keller Williams Realty Downey
Courtesy: Compass
I challenge you to find any multi-family these days in City of L.A. that has a true cap rate of 6.67 and a gross rent multiplier of 11.97. Never mind one that is brand new construction, in a good location, with ample parking and amenities such as rooftop decks with mountain views. Yet that is exactly what you are getting here at 2611 E 4th St! The rooftop decks, by the way, have proven to be a huge amenity, as they allow the tenant to entertain on a large scale in a highly aesthetic setting without disturbing other tenants on the premises. Delivered vacant, your tenants will be thrilled to pay the rents listed here, in dwellings that include very attractive finishes and layouts, all standard amenities including central heat and air, dishwasher and appliances. Also in unit laundry in each unit (washer/dryer not provided - hookups only.) All but one of the units will enjoy two car parking. As far as location, this property is a mile away from the 4th St Bridge that takes one right into the Art District, Little Tokyo and all other downtown venues. Not to mention that Boyle Hts itself, particularly this section of Boyle Hts, is truly burgeoning into one of LA's most charming and flourishing neighborhoods, in leaps and bounds. And this property is right in the thick of it all. Bottom line - as a landlord/property owner, you will thoroughly enjoy owning a property which not only cash flows, but will give you no headaches or unexpected expenses, being a brand new construction property, and tons of upside. Oh yes, forgot to mention that tenants pay for ALL utilities including water and trash. Oh, and one other very important thing - I have a lender who will give 30 yr fixed financing despite the fact the property is 5 units! Oh, and of course you can come see the property anytime. Looking forward to seeing you!
Courtesy: BRC Advisors- BH
2119-2121 1/2 West View is a brand-new 2024 3-unitresidential property located in the desirable Mid-City/West Adams area of Los Angeles. This non-rent control asset includes a stunning single-family front unit with 5 bedrooms and 5 bathrooms, offering 2,600 square feet of modern living space and a 2-car garage. At the rear, a duplex features two separate units, each with over 2,000square feet, 4 bedrooms, a den, and 4 bathrooms. The property has successfully operated as a midterm rental, with options to continue the profitable operation or be delivered vacant. Each unit boasts spacious floor plans, private full baths in every bedroom, pre-wired Cat-6 Internet, and an HD security camera system for added safety. The property includes ample parking with a covered garage and 6 additional spaces. Future potential exists with plans for two additional dwelling units (ADUs) for increased rental income. With solar panels for energy efficiency and separate metering for Water, Gas and Electric, this property offers low maintenance costs and modern amenities, including new stainless-steel appliances. Whether you're an owner-user or an investor, this opportunity in a vibrant neighborhood is not to be missed. The Mid-City area is a vibrant and highly sought-after neighborhood situated in the heart of Los Angeles. Conveniently located between Downtown LA and the Westside, it offers excellent access to transportation, just 2 minutes from the 10 Freeway. Mid-City is known for its diverse community, local amenities, and proximity to major institutions such as USC, Kaiser Permanente, and Cedars-Sinai, making it an exceptionally desirable place to live and invest.
Investment Opportunity: Under-Construction Duplex with Approved Plans for ExpansionThis property is in the final stages of converting a single-family home into two separate units, with only minor finishing work required. Additionally, the property includes RTI (Ready-to-Issue) permits for the construction of two additional units in the back, offering significant potential for expansion and increased income. This is an ideal opportunity for investors or developers looking to maximize returns in a high-demand area. For more information or to schedule a viewing, please contact the listing Agent
Great cash flow property with huge upside too. 9.9% cash on cash return with current rents. 8.0% cap rate. Many upgrades over the years including, Newer roof on both buildings, Copper water pipes, Vinyl windows, new external stairs to top unit in the back building. Possible conversion of garages currently used for storage to ADU to make 7 or 8 units, check with city for allowances. Located in a strong rental area in South Central Area with a great unit mix of five 3 Bdrm and 1 Bath units. Walkable score of 83. Property is separate metered for Gas and Electric and consists of two buildings, a 4-plex up front and duplex along with a 4 car garage in the back. Front 4 units have been converted to 3 bedrooms but third bedroom can easily be used as a living room as well, Buyer to verify permits for all changes and improvements. Market rents shown are for Section 8 approved 2 bedroom units. Garages currently used for storage.
FOR SALE: Charming 3-Unit Investment Property Near Koreatown, Los Angeles! An incredible opportunity to own a versatile triplex in the heart of Los Angeles! Located just minutes from vibrant Koreatown, this property is perfect for investors or owner-occupants looking for additional rental income. Property Highlights: - Unit 1: 1 Bed, 1 Bath – Cozy and bright with well-appointed finishes and a great layout. Expansive upstairs loft, offering versatile functionality as an additional bedroom or customizable living space to suit your needs. - Unit 2: 1 Bed, 1 Bath – Equally inviting, with plenty of natural light and modern touches. Expansive upstairs loft, offering versatile functionality as an additional bedroom or customizable living space to suit your needs. - Unit 3: 2 Bed, 1 Bath – Spacious unit, perfect for families or roommates, featuring an open living area and generous bedroom sizes. Added third room, thoughtfully designed to serve as an entertainment space or a comfortable guest retreat, offering flexibility to enhance your lifestyle. Each unit is thoughtfully designed with unique charm, providing both comfort and functionality. There’s potential to maximize rents while benefiting from an area that continues to thrive. Additional Features: - Prime location near restaurants, shopping, and public transportation. - On-site parking for tenants. - Well-maintained property with low-maintenance landscaping. Don’t miss out on this rare opportunity to own a multi-family property in one of LA’s most sought-after neighborhoods! Whether you're an investor looking for steady rental income or a buyer seeking a place to call home with supplemental income, this property checks all the boxes. Schedule a showing today!
HUGE UPSIDE!! 13.20% MARKET CAP RATE AND 6.36 MARKET GRM. SELLER FINANCING AVAILABLE. Welcome to 445 S Chicago St., an exceptional 6-unit apartment complex located in the culturally vibrant and revitalizing Boyle Heights neighborhood of Los Angeles. Comprising two separate buildings, this well-maintained property offers a unique blend of spacious units, modern amenities, and significant upside potentialan excellent investment opportunity offered below replacement cost, making it particularly attractive for savvy investors and owner-users seeking long-term financial growth.The property's two-building layout provides flexibility and privacy for tenants. The front building features four units, with two on the top floor and two on the bottom, each equipped with private porches or patios that add desirable outdoor space. The rear building houses two additional large 1-bedroom, 1-bath units, providing extra privacy within the property layout. All six units are spacious 1-bedroom, 1-bath layouts, with four units featuring additional dens that offer versatile living space. The property currently has one vacant unit that has been recently renovated to include in-unit amenities such as a washer/dryer, dishwasher, and wall-mounted air conditioner, increasing its appeal for prospective tenants. The remaining five units are occupied, providing immediate income stability (please do not disturb tenants). Five off-street parking spaces serve the six units, adding a valuable amenity in this high-demand area. With projected market rents supporting a 10%+ cap rate and an impressive 8.15 Gross Rent Multiplier (GRM), the property represents a prime opportunity for substantial income growth and long-term appreciation.Additionally, the property is located in a Tier 3 Transit-Oriented Communities (TOC) zone, allowing the possibility to increase the bedroom count within the existing units without the requirement to provide additional parkingan attractive advantage for future development potential (buyer to verify).Situated in Boyle Heights, this property benefits from proximity to the Arts District and Downtown Los Angeles, providing residents with seamless access to top dining, cultural, and entertainment venues. The recently completed 6th Street Bridge enhances connectivity, making it easier than ever for residents to commute and enjoy the neighboring Arts District. Boyle Heights is in the midst of an exciting revitalization, adding further value to the property's future appreciation potential.Boyle Heights is celebrated for its strong sense of community, rich cultural heritage, and diverse dining scene. Residents enjoy easy access to popular Arts District restaurants, such as Bestia, Bavel, Damian, Yangban, and Camphor, all of which contribute to the area's thriving culinary scene. The property's central location also offers excellent public transit and major freeway access, making it especially attractive to tenants seeking both convenience and community.This property is being sold at a price below replacement cost, presenting an immediate value advantage for investors and owner-users. The combination of high income potential, with a 10%+ cap rate and 8.15 GRM at market rents, and its desirable unit mix with modern amenities make this an excellent opportunity. With one vacant unit and an advantageous location, this property is ideal for owner-users looking to capture immediate income and long-term appreciation while residing in a dynamic, growing community.445 S Chicago St. is a rare opportunity to acquire a multifamily asset in one of Los Angeles' most promising neighborhoods, offering current income stability, significant appreciation potential, and immediate value due to its below replacement cost pricing. This property is perfect for investors seeking a sound addition to their portfolio or for an owner-user looking to enjoy both financial returns and a thriving community.
Wonderful DUPLEX Home in a great area needs a new family. This Move in ready home comes with fresh paint, new flooring, windows, kitchen and bathroom. The open floor plan gives this home an airy feeling. The front house is a 3BED + 1 Bath and the Back detached home is a 1Bed + 1Bath with attached 1 car Garage and has separate parking for an additional vehicle.
Welcome to 1723 W 59th Place, a charming 2 home property w/privacy fence between both homes. located in the heart of South Los Angeles, just 2.7 miles from Exposition Park. This property is a rare find for investors and homeowners alike, offering a unique opportunity to own a piece of Los Angeles real estate in a highly sought-after neighborhood. Just 2.7 miles from Exposition Park, home to the Natural History Museum of Los Angeles, LA Memorial Coliseum, the soon to open Lucas Museum of Narrative Art and many more. Public transportation, including the Metro Expo Line and major highways.
**Well Maintained Triplex Investment** Welcome to this stunning triplex, ideally located just minutes from the vibrant heart of downtown Los Angeles. This meticulously maintained property has been updated prior to tenants moving in. The triplex features three spacious, well-appointed units, each providing comfortable living with ample natural light and contemporary finishes. The property sits on a large lot, providing *tons of parking* for tenants and guests alike – a rare and valuable asset in the city. A beautiful, fully enclosed wall surrounds the property, offering both privacy and security, with a convenient *entry gate* ensuring easy access. In addition to the three rental units, there is *extra income* with a *trailer space* that generates an additional $750/month. This space comes complete with its own private bathroom. This is an ideal investment for anyone seeking a well-maintained, high NOI property centrally located. With its proximity to downtown LA, easy access to major freeways, and added income from the trailer space, this triplex is a prime investment with upside. 1031 Exchange Offers Welcomed.
Opportunity Zone!! This newly constructed 5-unit property at 212 E 29th St., presents an outstanding opportunity with a pro-forma 6.26% cap rate, making it ideal for investors seeking strong returns. Two of the units are currently leased at $4,100 per month. The fully gated property consists of two brand-new buildings, a duplex in front and duplex plus attached ADU at rear, thoughtfully designed with modern amenities and low-maintenance features. Each unit is equipped with sleek stainless steel kitchen appliances, in-unit washer and dryers, and energy-efficient tankless water heaters. Some of the units offer breathtaking views of Downtown LA, adding even more appeal to potential tenants. With a total of 9 parking spaces, 7 secure garages and 2 partially covered carports plus room to create an additional space, the property provides ample parking, a major bonus for city living. The property's prime location is a key selling point, situated near major institutions like USC, LA Trade-Tech College, and California Hospital Medical Center, making it attractive to students, faculty, and medical professionals alike. It's also just a short distance from Downtown LA's vibrant entertainment and dining scene, including LA Live, Staples Center, and a variety of acclaimed restaurants. Surrounded by schools, parks, and community amenities, this property appeals to a wide range of tenants. With minimal landscaping and a design that emphasizes low upkeep, this turnkey investment is poised for long-term growth and steady cash flow in one of LA's rapidly developing neighborhoods. Don't miss the chance to capitalize on this unique offering!
PLS DRIVE-BY ONLY (DO NOT WALK IN PREMISES) - OFFER SUBJECT TO INSPECTION. Address is 5335-5337 Allan St. EXCELLENT OPPORTUNITY to own this well-maintained 5 unit income property with low maintenance. Features 4-UNIT apartment in front & a REAR HOUSE in the back approximately 648 sqft with backyard that gives the option for owner occupancy. Has a 2-car garage next to back house currently used by landlord. Upgrades include copper plumbing, roof replaced 2006. Conveniently located near 10/710 freeways, DTLA, Cal State Univ LA & Alhambra shopping center on Fremont Ave. On-site coin operated laundry room, separate gas & electric meters. Area between units currently used for tenant parking can be site for FUTURE ADU for additional rental - buyers to verify with city. Situated in quiet residential neighborhood.
Courtesy: HOMEQUEST REAL ESTATE
Courtesy: Keller Williams Beverly Hills
Courtesy: REO Modern Realty Corp.
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.
