Fantastic investment or development opportunity situated in the City of Los Angeles. The property, currently configured as a duplex, boasts zoning classification RD2 on an expansive 7,491 Sq.Ft lot with alley access, qualifying for TOC Tier 3. This prime location offers flexibility for various developments, including the addition of ADUs, multi-unit construction, or even ED-1 development. The unit at 3023 Obama presents two bedrooms, while 3025 offers three bedrooms alongside a garage, each showcasing unique charm and generous living spaces. Additionally, the property features an expansive backyard and a lengthy driveway, enhancing its desirability. This adaptable investment affords the option of residing in one unit while leasing out the other, presenting a multitude of opportunities. Strategically positioned just minutes away from prominent landmarks such as USC, Exposition Park, BMO Stadium (LAFC), Natural History Museum, California Science Center, DTLA, SoFi Stadium, Crypto Center, shopping centers, and major freeways, this property boasts a highly sought-after location in the heart of Los Angeles. Seize the opportunity to acquire this exceptional property, with both units currently occupied by tenants and no plans for vacancy upon transfer.
Located in the coveted Carthay Square neighborhood, this charming and extremely well maintained 4 unit building is an amazing opportunity for an investor or an owner-user. One unit will be delivered vacant at close of escrow! These spacious and bright units (each 900+ sq ft) boast large living rooms, devoted dining room space, a laundry area with Washer/Dryer hook ups, hardwood flooring and vintage detailing. Shared backyard with lush orange tree and garden offer generous outdoor space. The detached garages (4 one car garages) provide ample storage and parking space, and could offer ADU potential and the possibility of added future rental income (Buyer to confirm). This property is situated in the Carthay Historic Preservation Overlay Zone (HPOZ). Centralized location is just a short distance away from the best restaurants on Fairfax, LACMA, and easy freeway access. This building is a great mix of charm and upside potential! DO NOT GO TO THE PROPERTY DIRECT OR DISTURB TENANTS. Please see private remarks for upcoming Open House information.
Located in the coveted Carthay Square neighborhood, this charming and extremely well maintained 4 unit building is an amazing opportunity for an investor or an owner-user. One unit will be delivered vacant at close of escrow! These spacious and bright units (each 900+ sq ft) boast large living rooms, devoted dining room space, a laundry area with Washer/Dryer hook ups, hardwood flooring and vintage detailing. Shared backyard with lush orange tree and garden offer generous outdoor space. The detached garages (4 one car garages) provide ample storage and parking space, and could offer ADU potential and the possibility of added future rental income (Buyer to confirm). This property is situated in the Carthay Historic Preservation Overlay Zone (HPOZ). Centralized location is just a short distance away from the best restaurants on Fairfax, LACMA, and easy freeway access. This building is a great mix of charm and upside potential! DO NOT GO TO THE PROPERTY DIRECT OR DISTURB TENANTS. Please see private remarks for upcoming Open House information.
Two charming legal units delivered 100% VACANT in the trendiest part of booming Lincoln Heights! Located in the heart of it all just one block south of the adorable coffee shops and restaurants on N Broadway this versatile property has much to offer! Two distinct and perfectly appointed units with separate entrances offer a unique opportunity for multigenerational living, passive income or a phenomenal investment portfolio addition in an area that is off the charts with rapidly increasing value growth! Both units are spacious, super private and totally move in ready! The downstairs unit offers a comfortable living space with 2 bedrooms, 1 bathroom, a full kitchen, and a spacious living room. The upstairs unit has its own private entrance, boasting 2 bedrooms, 1 bathroom, and a sunny kitchen / lounge area. In addition there's an expansive backyard courtyard area that offers additional value to the occupants and could be great for lounging / entertaining, pets or future expansion. Each unit benefits from off street parking and separate electric meters. All situated in the vibrant, culturally rich and ever evolving Lincoln Heights neighborhood, this type of gem doesn't come along too often!
The Property consists of 6 Large Studios and One Commercial Space in Front Street to Alley. We do Not have any rental information on the Studios. The Front Commercial space is Vacant. The Property is in the Jefferson HPOZ. Alley in Rear. Numerous repairs have been completed thought-out the Subject Property. Including a New Roof.
80% Vacant & Renovated 15-Unit Building with 12 Vacant units cash flowing at an amazing 6% Cap Rate and 12 GRM from day 1. The units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. On top of that, the major systems have been updated including brand new roofs, electrical, plumbing, HVAC, etc. and even a brand-new fire sprinkler system for all the units that will save you tons of money on insurance costs in California! Amazing 39% upside to 9% Cap Rate & 8.6 GRM on the proforma. Excellent up and coming location minutes from Banc of California Stadium, USC, & Inglewood. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. Large 10,268 SF C2 Lot for future redevelopment.
Trust Sale. First time on Market in 60 years. Two country style cottages that must be sold and/or close concurrently with 2106 Valentine St. / APN #5420-038-026 / MLS #24-410313. An amazing opportunity for a seasoned investor and/or developer. One cottage will be delivered vacant at close of escrow. No credits or repairs will be granted. This is an As Is sale. Please do not walk on property without an appointment with listing agent.
Trust Sale. First time on market in 60 years. Enchanting cottage style mini compound that must be sold and/or close concurrently with 1517 Baxter St. / APN #5420-038-027 / MLS #24-410357. This 4 unit property consist of 2 individual cottages and a 2 story duplex. An Amazing opportunity for a seasoned investor and/or Developer. 3 units will be delivered vacant at close of escrow. The Baxter St. property consists of 2 stand alone cottages of which 1 will be delivered vacant at close of escrow. There will be no credits, and /or repairs. Please do not walk on premise without an appointment.
**Unique Duplex Condos: Live in One, Rent the Other!** Discover an exceptional opportunity to own duplex condos in a prime location, offering the perfect blend of investment and residential living. Each unit within this meticulously maintained property features two bedrooms and one bathroom, providing comfortable and modern living spaces. The units have their own PRIVATE laundry. **HOA Inclusions:** Enjoy peace of mind with a comprehensive HOA that covers water, trash, sewer, exterior maintenance, and insurance, making your living experience hassle-free. Pets are welcome, ensuring your furry friends can join you in your new home. **Parking Convenience:** Each unit comes with a dedicated parking spot, providing secure and convenient parking right at your doorstep. **Downtown Los Angeles Proximity:** Situated just minutes away from the vibrant heart of downtown Los Angeles, these condos offer easy access to all the city’s cultural, dining, and entertainment options.**Chinatown Access:** Explore the rich heritage and bustling markets of nearby Chinatown, offering an array of unique shopping and dining experiences.**Future Growth:** Benefit from the upcoming 1111 Sunset Blvd. revitalization community plan, poised to enhance the neighborhood with new amenities, green spaces, and modern infrastructure.**Flexible Living:** Live in one unit while renting out the other, creating a versatile investment that can adapt to your needs.**Low HOA Fees:** Enjoy the advantage of low HOA fees, maximizing your return on investment and reducing overall expenses.This unique duplex condo opportunity is perfect for those looking to invest in a growing area while enjoying the convenience and excitement of urban living. Don't miss your chance to own a piece of prime Los Angeles real estate that combines modern comforts with unbeatable location and investment potential.
We are pleased to offer the opportunity to acquire this 3-bedroom + 2-bathroom co-living/student housing investment, nestled in the heart of vibrant and historic West Adams District and within blocks to the University of Southern California (USC) Village and campus. The site is fully RTI with plans and permits approved to construct an attached 533 square foot ADU. An investor can convert the existing single-family residence into a duplex, each unit with their own private entrance, consisting of 2-bedroom + 1-bathroom units, for a total of 4-bedrooms + 2-bathrooms, with a scheduled income of approximately $6,000/month. Featuring an upgraded kitchen, large windows, and hardwood floors, and in-unit washer & dryer, this property is a great investment opportunity located in a prime USC student housing area. The building is 1,072 rentable SF on a 2,565 SF lot, and can be delivered fully occupied ($3,200/month) or vacant.
Discover a hidden gem in South Los Angeles! This exceptional Quadroplex unit is situated on one lot with two buildings and is an opportunity not to be missed. Whether you're a savvy investor or seeking a place to call home with rental income, this property has it all. Two of the units have been thoughtfully updated, showcasing modern upgrades and a desirable two-story layout. The upstairs unit features, a spacious 2-bedroom, 1-bath layout with a dining area and a large living room, providing ample space for comfortable living. The downstairs unit offers 1 bedroom and 1 bathroom, perfect for accommodating various living arrangements. Additionally, there are two covered parking spaces available for residents' convenience. Located in a prime location, you'll have easy access to various amenities, schools, parks, and transportation options. Don't miss out on this must-see 4plex. Schedule a viewing today and unlock the potential of this hidden gem!
We are pleased to offer the opportunity to acquire this 3-bedroom + 2-bathroom co-living/student housing investment, nestled in the heart of vibrant and historic West Adams District and within blocks to the University of Southern California (USC) Village and campus. The site is fully RTI with plans and permits approved to construct an attached 533 square foot ADU. An investor can convert the existing single-family residence into a duplex, each unit with their own private entrance, consisting of 2-bedroom + 1-bathroom units, for a total of 4-bedrooms + 2-bathrooms, with a scheduled income of approximately $6,000/month. Featuring an upgraded kitchen, large windows, and hardwood floors, and in-unit washer & dryer, this property is a great investment opportunity located in a prime USC student housing area. The building is 1,072 rentable SF on a 2,565 SF lot, and can be delivered fully occupied ($3,200/month) or vacant.
Value-Add opportunity! Renovated four-unit property with RTI's for two additional units! Each of the four units features 2 bedrooms and 1 bath. Every unit has undergone a comprehensive overhaul, boasting new plumbing, electrical systems, state-of-the-art heating & A/C, along with tankless water heaters, NEW doors, windows, and flooring. They all have in-unit washer and dryer, dishwasher, stove, oven, microwave and refrigerator. The property provides off-street parking and separately metered gas and electricity for each unit. The included plans are for two additional units in the rear of the property, with a 1+1 and a 2+1. Current rents already provide solid returns, there's no need for lengthy adjustments. One unit remains vacant, offering the option to increase returns or enjoy owner occupancy. Seize this opportunity to own a prime piece of real estate!
Prime Investment Opportunity in Los Angeles. Experience modern luxury at 1117 S Wooster St, a meticulously renovated fourplex offering a blend of sophistication and investment potential in the heart of Los Angeles. Each of the four units features 2 bedrooms and 2 bathrooms with open floor plans, chef-inspired kitchens, and in-unit washer/dryer facilities. Key Features:*Modern Interiors: Enjoy contemporary living spaces designed for comfort and style, complete with premium appliances and sleek finishes.*Ideal Location: Located in a highly desirable neighborhood, residents benefit from proximity to local amenities, dining, shopping, and entertainment options. Easy access to major transportation routes enhances convenience for tenants.*Vacant Units: All units have been meticulously renovated and are vacant, offering immediate occupancy or leasing at market rates. This turnkey investment opportunity ensures minimal downtime and maximum rental income potential. Whether you're a seasoned investor or first-time buyer, 1117 S Wooster St presents an exceptional opportunity to own a premier property in one of Los Angeles' most coveted neighborhoods. Don't miss out on this chance to capitalize on the thriving rental market in LA. Contact us today to schedule a viewing and secure your investment in urban luxury.
The front 3 bedroom house is comfortable and spacious. The property is centrally located in the heart of Boyle Heights. The driveways can accommodate 3-4 cars. There is pedestrian alley access. The property is near railways, buses, and freeways. The Metro railway is about 7 blocks away. This property recently had a City of Los Angeles Housing Code Enforcement Division inspection. All minor infractions have been corrected. Note: This property indicates a strong section-8 proforma.
Walk up the steps and into the grand foyer of the front house. A short walk to your right opens up to a sunken living room and original fireplace. The living room windows provide ample light and are framed by a large sliding glass door that opens to the back yard. On the same level, a spare bedroom, bathroom, kitchen and laundry facilities are ready to be reimagined by their next owners. Up the stairs, the primary suite, and secondary suite with their en-suite bathrooms have been remodeled in contemporary fashion with new design elements. A third bedroom also is conveniently located at the top of the stairs. Surrounded by trees, the large, grassy backyard, is private, and serene. The rear upstairs unit features 2 bedrooms, a bathroom and kitchen that have all been recently upgraded. A small studio apartment below was reconfigured without permits to include a kitchenette and bathroom. Plenty of storage is possible adjacent to the studio and can also be redesigned into another unit with the proper permits. Located in the heart of East Los Angeles, this property will be delivered totally vacant. East Los Angeles College, the Montebello Golf Course, TopGolf Montebello, the Commerce Casino & Hotel, and Citadel Outlets are a short drive away. LA's Metro system has a large presence in the neighborhood with multiple lines of the Los Angeles Metro Light Rail system, as well. This property is adjacent to Monterey Park, Montebello and San Gabriel and other major roadways that include the 10, 710, 60, and 5 freeways that will help provide access to all of Southern California.
Great price for this area!!!! This is a FIXER for both units and is an amazing investment opportunity. Front house is 2 bd 1 bath with a service porch with washer and dryer hook ups. It also has a large closet in one of the bedrooms. As you walk down the long driveway, you will see the rear unit, located over the detached garage. The rear unit is a 1 bedroom, 1 bath and is vacant. Think of this property as a blank canvas that you can make your own.
Location Location Location Echo Park Neighborhood. This unique multi-family 4-unit property is ideally situated near Downtown Los Angeles, Chinatown, Silver Lake and Dodger Stadium. It offers excellent connectivity with convenient access to the #2, #5, #10, #101, and #110 freeways, the Gold Line, and multiple bus routes. Unit Details: Each unit featuring 1 bedroom, 1 full bath, a dining area, living room, kitchen, laundry room, and detached 1-car garage. Amenities: Spacious floor plans, individual water heaters, and separate gas and electricity meters for each unit. Occupancy: 3 out of 4 units are occupied by long-term tenants on month-to-month leases. 1 unit is move-in ready with new paint, new lights, and nice wood flooring, perfect for owner occupancy or immediate rental. Investment Opportunity: Current rents of 3 units are below market value due to unadjusted rents, presenting a significant upside potential for market rental incomes. This property offers a superb opportunity for investors or owner-occupants to capitalize on the rental market while enjoying a prime location in vibrant LA.
Looking for both a comfortable home and an excellent investment opportunity in bustling downtown LA? Centrally located in the Mid-City neighborhood, this incredible property is a must-see! Two units stand on a single, gated lot, one of which is currently occupied. You can choose to enjoy a dual income or live in one while leasing the other. A generous front yard bordered by verdant foliage rests before the 3-bedroom, 2-bath main residence - an ideal spot to relax or gather for weekend BBQs. Enter the beautifully updated interior finished with elegant crown molding, soothing neutral tones, and dark, wide-plank flooring. Large bay windows usher in brilliant natural light, illuminating the seamlessly flowing living area's inviting fireplace. Prepare delectable dishes in the bright kitchen equipped with stainless steel appliances, abundant cabinetry, subway tile backsplash, and gleaming granite countertops. Three well-sized bedrooms are graced with ample storage, two of which are accommodated by a refreshing shared bath. The primary suite showcases a walk-in closet and a chic ensuite. In addition, there's a laundry nook and a versatile bonus room.In the rear, a 2-bedroom, 2-bath stand-alone unit is exemplary as a rental for a steady stream of revenue. Its open-concept layout features a full kitchen and even an outdoor patio where tenants can unwind. Also, there's gated parking for both units plus the front house has the garage. Convenience is yours with proximity to the I-10 and Metro Expo Line stops on Jefferson/La Cienega and Jefferson/La Brea. An array of shops and restaurants are easily accessible, including Vees Cafe, MizLaLa Mediterranean, Delicious Pizza, and Tartine. Come grab this amazing offer before it passes you by!
Courtesy: Stanley Jackson
Investors and Flippers, Cash offers only. Opportunity for you. Classic Spanish located in the Angeles Mesa neighborhood, This 1922 triplex consisting of three separate buildings: Two, 1 bed and 1 bath (1864 and 1868 W 52nd St) and One, 2 bed and 1 bath (5200 S St. Andrews Pl). 1868 W 52 St has had recent fire. Property is located in an area of craftsman and Spanish style homes.
Welcome to this charming 4-plex property, a rare gem located in one of Los Angeles' most desirable neighborhoods. This Spanish Style multi-family residence offers a unique investment opportunity with a perfect blend of historic charm and modern amenities. Each unit features spacious living rooms with original hardwood floors, bedrooms with ample closet space and its own laundry room. Lush, landscaped communal backyard with a patio area is ideal for dinning and relaxation. Detached 4 car garages with additional driveway parking. Individual gas and electric meters for each unit. Situated in the Vibrant and culturally rich neighborhood of Beverly Center/Miracle Miles, this property is just minutes away Los Angeles' finest attractions and amenities. CBS Television City located just a short walk from the property and it is a significant landmark. Future development plans for the CBS site include a mixed-use project that will bring additional dining, shopping, and entertainment options, making this property location even more desirable. The property is a mere 5-minutes drive or a leisurely 15-minutes walk to the premier shopping, high-end retailers, dinning options and entertainment venues at Beverly Center. The Grove and iconic open-air Farmers Market are only a 7 minutes drive. This property offers an incredible investment opportunity in a prime Los Angeles location with strong rental potential and the added benefit from all the shopping, culinary, and entertainment attraction in the area.
Welcome to this charming 4-plex property, a rare gem located in one of Los Angeles' most desirable neighborhoods. This Spanish Style multi-family residence offers a unique investment opportunity with a perfect blend of historic charm and modern amenities. Each unit features spacious living rooms with original hardwood floors, bedrooms with ample closet space and its own laundry room. Lush, landscaped communal backyard with a patio area is ideal for dinning and relaxation. Detached 4 car garages with additional driveway parking. Individual gas and electric meters for each unit. Situated in the Vibrant and culturally rich neighborhood of Beverly Center/Miracle Miles, this property is just minutes away Los Angeles' finest attractions and amenities. CBS Television City located just a short walk from the property and it is a significant landmark. Future development plans for the CBS site include a mixed-use project that will bring additional dining, shopping, and entertainment options, making this property location even more desirable. The property is a mere 5-minutes drive or a leisurely 15-minutes walk to the premier shopping, high-end retailers, dinning options and entertainment venues at Beverly Center. The Grove and iconic open-air Farmers Market are only a 7 minutes drive. This property offers an incredible investment opportunity in a prime Los Angeles location with strong rental potential and the added benefit from all the shopping, culinary, and entertainment attraction in the area.
Courtesy: Steven M. Bogoyevac, Broker
GREAT BUSINESS OPPORTUNITY..THIS BEAUTIFUL DUPLEX HAS BEEN OPENED INTO A SINGLE FAMILY RESIDENCE.THIS VERY SPACIOUS PROPERTY FEATURES 14 BEDROOMS AND 8 FULL BATHROOMS,KITCHEN,LAUNDRY ROOM AND PLENTY OF PARKING SPACE..14,144 SQFT LOT PER ASSESSORS.THIS IS AN AMAZING OPPORTUNITY FOR INVESTORS THIS PROPERTY HAS SO MANY USE CODES BOARDING HOUSE ,ROOMING HOUSE.GREAT LOCATION, CLOSE TO USC UNIVERSITY,DODGERS STADIUM,FASHION DISTRICT,LOS ANGELES DOWNTOWN,FREEWAYS AND SO MANY AMENITIES.
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.
