This rarely-found "California Colonial" duplex in prime Los Feliz offers an extraordinary owner-user opportunity near shopping, restaurants, Griffith Park and freeways. No through traffic uses this quiet street of mostly single-family homes. Ground level 2 BR, 1 BA unit with rear patio is ideal for owner-user and delivered vacant. The light-filled, upper level 1 BR, 1BA unit is currently rented at the market rate of $1,758/month and enjoys city, hills and mountain views. There are no common walls. The 2-car garage has rear alley access. A large laundry/storage room has separately-metered washer/dryer hook ups for each unit. The main unit was constructed in 1938, and the complementary second unit was added in the 1950s. The property displays intact period character and has been carefully maintained by one family since???????????????????????????????????????? 1962.
Don't let slip an opportunity that may not come again. Nestled in the vibrant neighborhood of Lincoln Heights, this captivating mixed-use income property unveils a unique opportunity for investors. Its ground floor boasts a bustling neighborhood market and liquor store, drawing in locals and visitors alike. Above, FOUR 1 Bedroom AND 1 Bathroom Apartments offer cozy retreats, while a charming 832 square feet 2 Bedroom and 1 Bathroom house at the rear provides a serene escape from the urban bustle. Surrounded by Lincoln Heights's energy and easy access to the freeway, the property is ideally situated for both commercial and residential endeavors. With Low Month to Month Lease APT Units can be a promising investment opportunity with significant potential upside for future development and growth. Investors keen on tapping into the dynamic real estate landscape of Los Angeles will find this type of PROPERTY compelling, offering short and long-term value appreciation.
Courtesy: Meridian Capital Real Estate
R4 ZONING!!! Fantastic duplex in the Vermont Square neighborhood in South Los Angeles. The lower unit features 3Bed/2Bath. The upper unit features 2Bed/1Bath. Plenty of parking - backyard has a detached 2 car garage with large concrete yard for additional cars. Newer kitchen and flooring. Very close to USC, Downtown L.A., and the 110 Freeway. Great potential for future development or for an investor's portfolio!
Courtesy: New Generation Realty, Inc
This vacant triplex presents an excellent income opportunity. Ideally located near USC and Downtown Los Angeles, it's close to shops, restaurants, and easy freeway access, making it a desirable choice for renters. The property consists of two parts: the main house features two separate units, with the first unit accessible from the front entrance and the second unit from the back entrance, providing privacy for tenants. The third unit on the back is a brand-new construction, offering modern living spaces perfect for today's rental market. With its prime location and thoughtful design, a great find for investors looking for immediate cash flow and long-term value growth. Property located in the DPS Patrol Zone. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.
Courtesy: Coldwell Banker Realty
** APPROVED SHORT SALE ** Duplex w/ Additional Unpermitted Units on Quiet Cul-De-Sac. Title shows 3 Bed / 2 Bath vs. actual existing 6 Bed / 4 Bath. Front Unit consists of 3 Bed/1 Bath. Laundry on premises. Open patio. Open parking spaces in front of building. Centrally located to public transport, hospitals, freeway & LA City College. Great opportunity for an investor or owner/user. Property may possibly be delivered vacant or w/ tenants & is being sold "AS-IS". Please call for further details.
GREAT VALUE LOWEST PRICE PER SQFT in all the area!!!! Welcome to this large duplex located in the heart of Boyle Heights. 2 units that consist of 4 bedroom 2 bathroom & 3 bedroom 2 bathroom, over 3612 of combined living space. 2 separate spacious garages. Located in a desirable location, within walking distance to Downtown Los Angeles, Soto Station, and to shopping centers. Easy access to major freeways. GREAT VALUE LOWEST PRICE PER SQFT in all the area!!!!
We are pleased to present a three (3) unit apartment building located in Los Angeles, California. The subject property is situated in a good East Los Angeles location, south of Whittier Boulevard and west of S Downey Road. Built in 1956, this property consists of an ideal unit mix of two (2) two-bedroom / one-bathroom units, and one (1) three-bedroom / one-bathroom house. All of the units have been recently renovated with hardwood flooring, new countertops, appliances, and in-unit washer and dryer machines. The two-bedroom units also feature a spacious den. The property is also gated and secure. The property is equipped with three (3) on-site parking spaces including two (2) garage spaces that can potentially be converted into multiple ADU units. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Lupe's Burritos, Regency Commerce, Pacific French Bakery, Nike Community Store, and Salazar Park. Positioned in a good East Los Angeles Location, this offering presents an exceptional opportunity for an investor to capitalize on a triplex with incredible initial cash flow and qualifies for 30-year fixed residential financing.
We are pleased to present a seven-unit investment opportunity in Koreatown at 4651 Council St, a corner lot just south of Beverly Blvd. The property features an ideal unit mix of two one-bedrooms and five two-bedrooms with 10 parking spaces; the soft story retrofit work has been completed. Ownership has completed full renovations of five units with upgrades including in-unit washers & dryers, vinyl plank flooring, stainless steel appliances, new kitchen cabinets and tile backsplashes, new plumbing fixtures and improvements, new drywall, paint, and base moldings, and energy efficient LED lighting, among others. In addition to interior unit renovations, ownership has recently completed exterior and common area capital expenditures including LED lighting, house panel and subpanel upgrades, new door numbers, new landscaping, and new paint throughout the common areas. Opportunity to acquire an asset with little to no deferred maintenance and strong in-place cash flow at a 5.16% CAP rate and 12.86 GRM on current income with an additional 19% rental upside. High Walk Score of 93, close proximity to schools, employment, and transit options. Central location makes it convenient for residents to commute throughout the city to nearby neighborhoods such as Downtown LA, East Hollywood, Hollywood, Westlake, and Mid-City, among others. Koreatown is one of the densest neighborhoods in Los Angeles, with about 120,000 people. With an estimated $1billion invested in the development of Koreatown since the early 2000s and various development projects taking place, Koreatown remains one of the highly coveted submarkets in all of Los Angeles.
Courtesy: Luxury Collective
Courtesy: Sotheby's International Realty
Courtesy: Prospect Group Inc.
Courtesy: Fidem Realty
Courtesy: Marcus & Millichap
We are pleased to present a three (3) unit apartment building located in Los Angeles, California. The subject property is situated in a good East Los Angeles location, south of Whittier Boulevard and west of S Downey Road. Built in 1956, this property consists of an ideal unit mix of two (2) two-bedroom / one-bathroom units, and one (1) three-bedroom / one-bathroom house. All of the units have been recently renovated with hardwood flooring, new countertops, appliances, and in-unit washer and dryer machines. The two-bedroom units also feature a spacious den. The property is also gated and secure. The property is equipped with three (3) on-site parking spaces including two (2) garage spaces that can potentially be converted into multiple ADU units. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Lupe's Burritos, Regency Commerce, Pacific French Bakery, Nike Community Store, and Salazar Park. Positioned in a good East Los Angeles Location, this offering presents an exceptional opportunity for an investor to capitalize on a triplex with incredible initial cash flow and qualifies for 30-year fixed residential financing.
Courtesy: Forward Real Estate
Fantastic opportunity in the 90001 area! This duplex offers two spacious units, making it perfect for first-time buyers, families, or investors. Live in one unit and rent the other, or rent both for a steady income. The property sits on a generous lot with potential for expansion or additional outdoor space. This property is conveniently located near schools, parks, shopping, and public transportation. This property provides easy access to downtown LA, major freeways, and local dining options. With so much potential, this is a must-see for anyone looking to invest in a growing neighborhood!
We are proud to present this FULLY STABILIZED CASH FLOWING new construction townhome complex at 1125 S Harvard Blvd, completed at the start of 2024 in the heart of vibrant Mid-City. The property is fully occupied under one master lease at the rate of $21,400/mo over a 2-year lease term with an option to extend the lease at a 3% increase each year. The tenant is a county-funded organization that provides "transitional housing, wrap around programs and supportive services that enable participants to free themselves by circumventing the barriers that typically prevent justice impacted and homeless individuals from securing self-sufficiency." The property comprises four 3-story townhome style units and one 2-story attached Accessory Dwelling Unit (ADU), offering a blend of luxury and contemporary living. The complex spans a generous 7,882 square feet with 6,828 square feet of living space featuring 18 bedrooms and 18 bathrooms across its five units, which include four 4-bedroom and one 2-bedroom layouts. Each unit is a showcase of luxury, outfitted with high-quality finishes, ensuite bathrooms, and large picture windows that bathe the interiors in natural light. The attention to detail is evident in every aspect, from the built-in closet shelving to the private balconies, ensuring that these homes are not only aesthetically pleasing but also highly functional and desirable. Situated in the bustling and ever-growing Mid-City area, the complex is surrounded by a rich tapestry of restaurants, entertainment venues, nightlife, fitness centers, and outdoor spaces. This strategic location is not just about offering a high-quality lifestyle but also about promising significant growth in property value, making it an excellent choice for investors looking for substantial returns.
Great Opportunity to own this multi-family home oozing with potential. This property was built in 1915 and features plenty of living space. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
WELCOME TO HISTORIC JEFFERSON PARK LOS ANGELES 90018, WE ARE PROUND TO PRESENT AN AMAZING DUPLEX, THE BUILDING OFFERS TWO UNITS WITH 2 BEDROOMS AND 1 BAHTROOM EACH. LOCATED JUST MINUTES AWAY TO USC FREEWAY 10 DOWNTOWN LOS ANGELES AND MORE
The subject property is a 16-unit multifamily 2 story apartment building build in 1965 located at 1515 W 103rd St Los Angeles CA 90047. The building is approximately 12,752 Sq Ft and sits on a 17,282 Sq Ft lot, with 26 bedrooms and 22 bathrooms comprised of 2-3 bedroom 2 bath units, 4-2 bedroom 2 bath units 2-2 bedrooms 1 bath and 8-1-bedroom 1 bath units. This property offers a tremendous opportunity for long term growth and stability, opportunity to add value through long term rental increases, current rents are 35% under market rents. Investments should result in a stabilize 9.5 + CAP rate. The building offers modern convenience with extra-large floor plans, great amenities and low maintenance to include full laundry facility, covered car ports and low vacancy. These benefits will keep the building’s chances of operating at full occupancy, as well as fundamentally serve as a comfortable living establishment for tenants, allowing the property to realize an upside in overall rental income and property value appreciation over the next five - ten years.
Opportunity awaits you in Los Angeles, CA. Fourplex property with a total square footage of 3,680 square feet. Property sits on a good size lot of 8,840 square feet. At this price in this location if you blink it will be SOLD. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
The Le Roi Apartments is located in a solid infill Los Angeles location within the northern section of Koreatown. Featuring 5 studio and 7 one-bedroom apartments, approximately 6 of which have been renovated, the property offers an opportunity to capture as much as a 40% increase in the Net Operating Income which equates to a 7.33% capitalization rate at market rents. Parking consists of 3 garages, 4 tuck-under spaces, and 4 carport spaces, totaling 11 parking spaces. Master metered for utilities; ownership has instituted a RUBS program to stabilize expenses.
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.
