Discover this fantastic duplex located in the heart of Los Angeles. Each of the two units offers 2 bedrooms and 1 bath, providing comfortable living spaces that are perfect for both homeowners and potential renters.Both units are in great condition, showcasing well-maintained interiors with bright, open layouts and modern updates. The roof is also in excellent condition, ensuring low maintenance and long-term durability.This property is an excellent opportunity for investors or families seeking additional rental income. With a private yard and on-site parking, these units offer a great mix of convenience and functionality.Situated in a desirable neighborhood, this property is close to schools, shopping, dining, and has easy access to major freeways.Don't miss your chance to own this versatile property in one of Los Angeles' thriving communities!
We are pleased to offer the opportunity to acquire two (2) single-family residences, consisting of 12 bedrooms which can fit up to 19 beds. It is located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC).The two restored Craftsman homes were completely updated & remodeled in 2015 - featuring polished hardwood floors, stainless steel kitchen appliances, granite counter tops, and in-unit washer & dryers. Both properties have updated copper plumbing, electrical systems, roofs, and central HVAC.The structures were built in 1913, constructed of wood frame and stucco on a raised foundation, with a total square footage of 4,100 SF, on a 6,905 SF lot, zoned LARD1.5. The buildings have been reinforced and upgraded in compliancewith the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of one (1) 8-bedroom + 6-bathroom SFR, and one (1) 4-bedroom + 2-bathroom SFR. The bedrooms are spacious and furnished with beds, armoires, desks, mini-fridges, and individual thermostat controls. Combined with parental guarantees on some leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students and young working professionals, and fully leased for the 2024 - 2025 year, with a gross income of $13,600/month. There's approximately 20% potential upside in rents, which an investor can achieve closer to about $17,400/month. The expansive lot size allows an investor to add even more value to the property by constructing a 3-bedroom + 3-bathroom ADU to further increase cash-flow (buyer to verify). Currently priced at a 6.75% Cap Rate excellent cash-flow investment opportunity.
Courtesy: Lyon Stahl Investment Real Estate, Inc.
Courtesy: Coldwell Banker Realty
Courtesy: RE/MAX ESTATE PROPERTIES
Courtesy: Sotheby's International Realty
Excellent investment opportunity located in LA's Elysian Park in the Historic Solano Canyon neighborhood. Centrally located right in the heart of the city, on the cusp of Echo Park, and so many of the landmarks that Los Angeles offers, including Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, Elysian Park, along with so many walking trails, public spaces, and viewpoints... too many to list here! Offering both architecture and investment value, this Classical Queen Anne Victorian home in the front offers a single, detached home with 3 bedrooms and 2 bathrooms. Rear two story building features 2 additional units, one of which has 1 bedroom and 1 bath, and the other with 2 bedrooms and 1 bath. Plenty of room for cars in the driveway. Great long-term tenants with ease of management for a new owner.
Seize the opportunity to invest in this outstanding rental property situated at 89th and Normandie, in the vibrant core of West Los Angeles. This four-plex features spacious two-bedroom units with one and a quarter baths, each providing 930 square feet of living space, making it an excellent choice for rental income. The property is conveniently located in the county area of Los Angeles.
This well-located, 2,989 SF triplex, built in 1926, sits on an 8,649 SF lot and has 6 bedrooms and 4 bathrooms, with two separate addresses.751 N. Alta Vista Blvd. is a large detached 2-bedroom + 2-bathroom bungalow-style unit with a washer/dryer, backyard, and a side yard.7262-7264 Waring Ave. is a duplex, with each unit consisting of 2 Bedrooms and 1Bathroom, a tranquil backyard, and a garage. This is a fantastic opportunity for an Owner/User to 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 a vibrant and trendy Los Angeles neighborhood adjacent to West Hollywood, Beverly Hills, Hollywood, and Pico Robertson, it is ideally situated between Melrose Ave., Santa Monica Blvd., La Brea Ave., and N. Fairfax Ave. This prime location offers residents easy access to lively nightlife, diverse entertainment venues, cultural hotspots, and trendy dining options for which the area is renowned. The area is densely populated, and 7262-7264 Waring Ave. and 751 N. Alta Vista Blvd. are within walking distance of trendy shops, delicious eateries, parks, and entertainment options. Major employers nearby include Live Nation, Technicolor, Viceroy Hotel Group, Ticketmaster, and UCLA.
We are pleased to present the exclusive listing of 749 North Vista Street and 7456 Waring Avenue. This duplex built in 1924, totaling 2,263 rentable square feet on a 6,204 square foot lot. This attractive duplex property features two separate houses, each with two bedrooms and one bathroom. The property includes an additional structure which is being used as a recreation room equipped with existing plumbing and electrical, presenting the opportunity to convert it into an Accessory Dwelling Unit (ADU) for added rental income. Both houses are separate structures and designed for convenience with dual entry and in-unit washer and dryers, enhancing tenant appeal. The house on Waring boasts central air conditioning, ensuring comfort, newer windows and an updated kitchen. The property also boasts a two-car garage. Significant upgrades have been made throughout the property, including a complete re-piping with copper plumbing, complete heaters, and electrical system enhancements. The flat roof is in good condition, minimizing immediate maintenance concerns. The property is ideally located in the vibrant Hollywood Hills West neighborhood of Los Angeles, just a short distance from the bustling intersection of Melrose Avenue and Fairfax Avenue. This prime location offers residents a rich mix of urban amenities, trendy shops, and a diverse culinary scene, making it a desirable area to live. The property is situated near Fairfax High School, adding to its appeal for families and students. The neighborhood is known for its artistic vibe, with a variety of boutiques, cafes, and restaurants within walking distance. Residents can enjoy the eclectic atmosphere of Melrose Avenue, famous for its unique shops and lively street art. Additionally, the area is well-connected to public transportation options, providing easy access to other parts of Los Angeles. Major thoroughfares nearby facilitate convenient commutes to downtown and other key destinations. With its desirable features and potential for additional income through an ADU, 749 North Vista Street and 7456 Waring Avenue is well-positioned for strong rental demand. The combination of the sought-after neighborhood, modern amenities, recent upgrades, and potential for future growth makes this property a compelling investment opportunity in a vibrant Los Angeles market.
We are pleased to present the exclusive listing of 1303 North Detroit Street and 7151 Fountain Avenue. This property was built in 1955, and consists of ten units, totaling 7,128 rentable square feet on a 6,126 square foot lot. This well-maintained ten-unit apartment building features all one-bedroom, one-bathroom units, offering a consistent rental income stream. The front unit on the first floor includes a private front yard, enhancing tenant appeal. Recent improvements include a refurbished deck, and all units are equipped with wall AC units, except for Unit 9, which has a window AC. Some units also feature heat pumps, ensuring year-round comfort. Water usage is efficiently tracked through the FLUME app, with two 75-gallon water heaters servicing four units each and a 35-gallon water heater for the two front units. The roof was replaced within the last five years, and the main sewer line was replaced exiting the building to the front yard with PVC piping and additional sewer cleanouts were installed in 2023. There was also copper re-pipe of all horizontal feeds reinforcing the property's infrastructure. Additional safety features include earthquake shut-off valves and a raised foundation. Security enhancements comprise new security doors at the entrances and modern LED lighting, improving tenant safety and energy efficiency. The property also offers six covered parking spaces, plus one additional tandem space on the west side, adding to its attractiveness. Importantly, the building is not on the Soft-Story Retrofit list, providing further assurance for potential investors (buyers should verify this information). The property is situated in the vibrant neighborhood of Hollywood, Los Angeles, a prime area known for its rich cultural scene and dynamic urban lifestyle. This location offers residents easy access to an array of amenities, including trendy shops, diverse dining options, and entertainment venues. The property is conveniently located near major thoroughfares, providing quick access to the heart of Hollywood, West Hollywood, and other key areas of Los Angeles. Residents can enjoy nearby attractions such as the Hollywood Walk of Fame, TCL Chinese Theatre, and Griffith Park, which offers extensive outdoor recreational opportunities. The neighborhood is well-served by public transportation, making commutes to downtown and surrounding areas convenient for tenants. Additionally, the area is known for its eclectic vibe, characterized by a mix of historic and modern architecture. The proximity to cultural hotspots, schools, and community services adds to the appeal of 1303 N Detroit Street, positioning it favorably for strong rental demand. With its desirable unit configuration, modern amenities, and significant upgrades and vibrant location, 1303 North Detroit Street and 7151 Fountain Avenue is well-positioned for strong rental demand, making it a compelling investment opportunity in the competitive Los Angeles market.
We are pleased to present the exclusive listing of 8443 Blackburn Avenue. The property built in 1957, consists of ten units, totaling 8,596 rentable square feet on a 6,996 square foot lot. This 10-unit apartment building features a diverse unit mix, comprising four two-bedroom, one-and-a-half-bathroom units and six one-bedroom, one-bathroom units, catering to a variety of tenant needs and preferences. This well-maintained building includes essential amenities such as six dedicated parking spaces, providing convenient access for residents. The units are equipped with a combination of window and wall AC units, ensuring tenant comfort throughout the year. Safety features include emergency shut-off valves, enhancing the property's appeal to potential renters. Significantly, the building underwent a soft story retrofit in 2018, ensuring compliance with modern safety standards and enhancing the structural integrity of the property. This upgrade adds value and peace of mind for both current and prospective investors.8443 Blackburn Avenue is located in the vibrant and highly desirable neighborhood of West Hollywood, Los Angeles. This area is renowned for its eclectic blend of culture, entertainment, and urban living, making it an attractive destination for residents and visitors alike. The property is conveniently situated near a variety of amenities, including trendy boutiques, popular restaurants, and lively nightlife options. West Hollywood is home to iconic attractions such as the Sunset Strip, where residents can enjoy world-class entertainment and dining experiences. This location also offers easy access to major thoroughfares, providing seamless connectivity to other parts of Los Angeles, including Beverly Hills and Hollywood. Public transportation options are readily available, making commuting straightforward for those who prefer to travel without a vehicle. Nearby parks and recreational areas, such as Plummer Park and the beautiful Melrose Avenue, provide outdoor spaces for residents to relax and enjoy the Southern California sunshine. The neighborhood is known for its artistic vibe, with a mix of historic and modern architecture, contributing to a unique and vibrant community atmosphere. With its prime location and proximity to cultural hotspots, shopping, and dining, 8443 Blackburn Avenue is well-positioned to attract strong rental demand, making it a highly appealing investment opportunity in the competitive Los Angeles market.
TIME TO ENJOY YOUR HOME WITH INCOME-PRODUCING UNIT NEXT DOOR. WHY PAY FOR ONE IF YOU CAN HAVE 2? GATED AMPLE PARKING SPACES IN FRONT. MONTHLY INCOME FLOWING FROM ONE OF THE UNIT. INVESTORS, GREAT INCOME PRODUCING LOCATED IN SMACK MIDDLE OF LOS ANGELES, MID-WILSHIRE, AND KOREATOWN. K-POP, K-FOOD, K-BEAUTY, AND K-DRAMA. ALL NEARBY. EASY ACCESS TO 10 FREEWAY, EASY COMMUTE TO USC. FROM OLYMPIC BLVD. EASY DRIVE TO SANTA MONICA TO DOWNTOWN. DON'T MISS THIS CHANCE!! DO NOT DISTURB TENANTS. ONE UNIT WILL BE DELIVERED VACANT AT COE.
WHERE CAN YOU FIND AMPLE PARKING SPACES FOR ALL OF YOUR TENANTS IN LOS ANGELES? YES, YOU FOUND IT!! THIS IS THE PLACE!! IF YOU KNOW WHAT CURRENT TENANTS NEED, YOU WILL MAKE A FORTUNE AND MAKE A GREAT DECISION AS WELL!! EACH UNIT GETS 3 PARKING SPACES, TOTAL OF 12 PARKING SPACES ON A CORNER LOT. CONVENIENT ACCESS TO FREEWAY 10 SPANING SANTA MONICA BEACH TO DOWNTOWN LOS ANGELES. THIS APARTMENT COMES WITH A CONVENIENT STORE JUST ACROSS THE STREET BUT ALSO A QUIET NEIGHBORHOOD STREET(THE CONVENIENT STORE IS NOT INCLUDED IN THIS SALE PRICE AND NOT AFFILIATED WITH EACH OTHER.) BONUS: NOT A RENT CONTROLLED BUILDING. 12 BEDROOMS WITH EN-SUITE 14 BATHROOMS, PERFECT FOR TODAY'S RENTAL MARKET/TENANTS. IF YOU SATISFY THE TENANTS/CUSTOMERS, THE MONEY WILL NEVER DRY UP. EASY TO GET IN & OUT FOR THE TENANTS AS WELL. ALL OF THE UNITS ARE SINGLE-FLOORED UNITS. OTHER BUILDINGS YOU SEE NOW-A-DAYS, YOU WILL SEE TYPICAL 3 STORIED BUILDINGS YOU SEE IN TODAY'S MARKET. WHEN YOU ARE 6 YEARS OLD, THAT MIGHT BE FUN, BUT NOT IN TODAY'S RENTAL MARKET. WITH LOWERED INTEREST RATES IT'S PERFECT TIME TO OWN YOUR OWN INCOME PRODUCING PASSIVE INCOME. LIVE IN ONE AND RENT THE OTHERS FOR STABLE INCOME. AMAZING PROPERTY TO OWN. 1031 EXCHANGE BUYERS COME AND COME ALL. ONE UNIT CAN BE DELIVERED VACANT AT COE. PLEASE DO NOT DISTURB THE TENANTS. HERE IS EXTRA SPECIAL ABOUT THIS PROPERTY: TENANTS PAY ALL UNITILITIES, INCLUDING NOT LIMITED TO WATER/SEWER, ELECTRICITY, GAS, TRASH, RENTER'S INSURANCE, INTERNET USE. *2nd Floor units have extra 1/2 bathrooms so total of 14 bathrooms as mentioend above.
We are pleased to present an exceptional investment opportunity: a newly constructed, fully furnished four-unit student housing property with a remarkable 6.69% cap rate. This property features a total of nineteen bedrooms and sixteen bathrooms, situated in the sought-after DPS Patrol Zone and just a short walk from the University of Southern California (USC). Spanning approximately 5,964 rentable square feet across two distinct structures, the front structure was completely rebuilt in 2023, and features brand new flooring, plumbing, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. Additionally, the front duplex's scope of work included a complete to-the-studs reconstruction, with brand new framing, foundation and roofing, essentially delivering a brand-new low maintenance structure to any prospective buyer. The back duplex was recently constructed and completed in 2023 and features the same high-end finishes as the front unit. The investment is 100% occupied with USC students and fully leased for the 2024-2025 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. Tenants pay for all utilities of the property including Water/Gas/Electric/Trash. (Monthly management fee of $2,007.25 is not included in the cap rate as potential buyers can self-manage at the expiration of leases.)
This spacious 8-unit garden style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants. Key Features: Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint. Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential. Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility. Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available. Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value. Why This is a Great Investment: This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.
Attention Investors!Seize this rare chance to own a remarkable 9-unit property that promises low maintenance and minimal expenses only trash and water! This asset is not just a property; it's a gateway to significant returns.Key Highlights:*High Upside Potential: With current rents below market value, there's ample room for increases that can enhance your cash flow.*Future Development Possibilities: Explore the exciting potential for expansion! Reports indicate the possibility of developing up to 34 low-income units, maximizing your investment's value.*Strategic Location: This property is being sold with the adjacent lot on 5886 S. Figueroa Street (APN 6004-036-016) asking price $350,000, currently utilized as parking, opening doors for future enhancements.Don't let this unique opportunity pass you by! Invest in your future and capitalize on the growth potential of this property today. For more details and to schedule a viewing, contact us now!
Courtesy: Serenity Realty
TIME TO ENJOY YOUR HOME WITH INCOME-PRODUCING UNIT NEXT DOOR. WHY PAY FOR ONE IF YOU CAN HAVE 2? GATED AMPLE PARKING SPACES IN FRONT. MONTHLY INCOME FLOWING FROM ONE OF THE UNIT. INVESTORS, GREAT INCOME PRODUCING LOCATED IN SMACK MIDDLE OF LOS ANGELES, MID-WILSHIRE, AND KOREATOWN. K-POP, K-FOOD, K-BEAUTY, AND K-DRAMA. ALL NEARBY. EASY ACCESS TO 10 FREEWAY, EASY COMMUTE TO USC. FROM OLYMPIC BLVD. EASY DRIVE TO SANTA MONICA TO DOWNTOWN. DON'T MISS THIS CHANCE!! DO NOT DISTURB TENANTS. ONE UNIT WILL BE DELIVERED VACANT AT COE.
Charming Duplex in Prime West Los Angeles Location! Nestled at the corner of Beloit and Ohio, this updated duplex offers unbeatable access to Santa Monica, Westwood, UCLA, Century City, Culver City, and major freeways. Its prime location places you just steps away from the vibrant Sawtelle district, with its renowned restaurants, theaters, and markets, making this a rare opportunity in one of LA’s most convenient neighborhoods. Each unit has been remodeled, offering 2 spacious bedrooms and 1 modern bathroom. The private backyard oasis is perfect for hosting family and friends, adding a serene escape to urban living. Whether you're looking for a home with investment potential or a move-in-ready owner-occupied rental, this property is ideal. This home has been virtually staged to help showcase the intended use and true potential of spaces. Sitting on an R3 lot, the building features a two-car garage and offers exciting development possibilities, including the option to add an ADU (Accessory Dwelling Unit) or pursue a ground-up development project. This property truly captures the essence of the West LA lifestyle. Don’t miss this rare chance to own a versatile and desirable property in one of Southern California's most sought-after communities!
LOCATION, LOCATION, NO RENT CONTROL AREA, 3 UNITS 3 BUILDINGS - Welcome to this 3 beautiful units, 2 of them they been recently inside remodeled, all units provide a one-bedroom, one-bathroom sitting in their own building situated on the unincorporated area of East Los Angeles. The interior features an open-concept layout that maximizes space and natural light. These units are currently leased on a month-to-month basis, providing flexibility for future occupancy or investment strategies. Given its location in a non-rent control area, there is potential for rental increases of UP TO 10%, making this property an attractive investment opportunity, this one won’t last!
Courtesy: Compass
Seller is pulling permits and doing NEW electric panels , The property consists of four distinct units, with two units providing two bedrooms and one bathroom each, and the remaining two units offering one bedroom and one bathroom each. All units have separate gas and electric meters, and there is ample parking at the back of the property. The property also features a small basement and an open area in the front.
Welcome to 624 W. 85th St., a fantastic 4-unit multifamily property centrally located just minutes away from Downtown Los Angeles, SoFi Stadium, and LAX. This income-producing gem features one spacious 3-bedroom, 2-bathroom unit and three 2-bedroom, 1-bathroom units, making it ideal for rental investment or owner occupancy. Live in one unit and collect rental income from the other three! With its prime location and income potential, this property is a great opportunity for investors or families looking to make a home while earning additional revenue. Don't miss out on this rare offering in a highly sought-after area!
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.
