EXCELLENT LOCATION! Minutes from Downtown Los Angeles (Convention Center, Crypto Arena, LA Live) University of Southern California, LA Memorial Coliseum, Korea Town and adjacent to Toberman Park. Easy access to the 10 and 110 Freeways. Incredible opportunity for an income generating property with current rents below market value. There are 5 units in the main house and a separate back unit (1715 1/2). Units 1, 2 & 5 are downstairs Unit #1 is a Studio with a kitchenette (174 Sq. ft.) Unit #2 is a Studio (253 Sq. Ft.) with a separate kitchen (104 Sq. Ft.) Unit #5 is a Studio with a kitchenette (316 Sq. Ft.) Both units 2 & 5 share a Jack & Jill bathroom (3/4) Units 3 & 4 are upstairs Unit #3 is a Studio with a kitchenette (180 Sq. Ft.) Unit #4 is a Studio with a kitchenette (266 Sq. Ft.) Units 1, 3 & 4 share a bathroom (3/4) upstairs Separate Back Unit has a Bedroom, Kitchen, Bathroom (3/4) & Dining room (672 Sq. Ft.) All measurements are approximations.
Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem parking! This building is a great opportunity to step into immediate consistent income and simple, low effort management!
Duplex with 2 units 3 Bedroom / 2 Baths Each. Central Location and very close to freeways and transportation. Investment Opportunity.
Charming Craftsman Duplex in Prime Palms Neighborhood! Welcome to this beautifully updated Craftsman duplex, ideally situated in the heart of Palms, just moments from downtown Culver City, the Expo Line, and all that Los Angeles has to offer. This charming property features two distinct units, each with its own address, with the potential for investors to simply rent as it is, add an ADU, or build additional units. The charm of the property is perfect for an end user or even those seeking multi-generational living. Front Unit (3658 Jasmine Avenue): The spacious front unit boasts three inviting bedrooms, an updated kitchen and bathroom, and original hardwood floors that add warmth and character. Enjoy cozy evenings in front of the fireplace or on the covered front porch, perfect for relaxing with a cup of coffee or entertaining guests. Built-in cabinetry enhances the charm of this delightful space, blending vintage charm with modern convenience. Back Unit (3656 Jasmine Avenue): The detached one-bedroom back unit is a fantastic private retreat, featuring its own updated kitchen and bathroom. This unit offers an ideal space for guests, as an in-law unit, or to provide additional rental income. Outdoor Oasis: Step outside to a beautifully landscaped courtyard, providing a serene space for outdoor gatherings or quiet moments. The property also includes a one-car original-style garage and ample driveway parking, ensuring convenience for you and your guests. Zoning and Location: Zoned R-3 and located within the vibrant Expo Corridor, this property presents numerous possibilities for future development or expansion. With both units delivered completely vacant and ready for new occupants, this Craftsman duplex is a rare find in a highly desirable area. Don't miss your chance to own a piece of this charming neighborhood!
Welcome to your new Craftsman - Style Duplex in the heart of LA. Features include: fully remodeled kitchen and baths, light wood flooring, beautiful fireplace with designer details and drum-roll please an ADU with the opportunity to add a 3rd unit on the expansive lot! The large backyard will be the hangout area you have always wanted and is equipped with its own putting green and grapefruit tree. Be the envy of all of your friends and colleagues by collecting income from your second unit on the property, or using the additional residence as your home studio / office (it has its own address!). There is no doubt that you will love calling this place "HOME" and reap the long term benefits of investing in close vicinity to Netflix Studios, Philz Coffee, Superba Food + Bread, LA Film School, Farmer's Market and more.
Exceptional Koreatown Duplex with Development Potential! Located in the vibrant heart of Koreatown, this LAR4-zoned property sits on a 7,316 sqft lot, offering immense potential for both investors and developers. The existing duplex functions as two 2 bed / 1 bath units, each approximately 1,000 sqft with full kitchens, separate living rooms, and in-unit washer/dryer rooms. The property also includes 6 gated parking spaces for convenience and security. Currently, both units generate a combined rental income of $4,000 per month ($2,000 each).Exciting development plans are in place for an 8-unit, 3-story apartment complex. This project, ready to be issued, includes:Ground floor with 12 parking spaces. Second and third floors featuring 4 units each: 3 units (1 bed/1 bath) and 1 unit (2 bed/2 bath) per floorA rooftop outdoor space for added tenant appeal. This is an ideal opportunity to secure a prime property with significant rental income and development upside in one of LA's most desirable neighborhoods.
Don’t Miss Out on This Exceptional Multifamily Property in South LA’s Booming Real Estate Market! Discover an incredible chance to invest in one of LA’s most sought-after and fast-growing neighborhoods! This prime multifamily property is ideally located near major freeways, offering quick access to both Downtown LA and Inglewood's top attractions. The lot presents excellent potential for expansion, making it a versatile investment for future growth. The property features two units—one fully occupied, providing steady income, and the other recently built just 5 years ago, currently owner-occupied. This low-maintenance building is a rare find in a high-demand area, with plenty of upside for rental income. Act now and secure your place in this rapidly appreciating market!
This is a mix use property,Commercial in the front and a duplex in the back consisting of 2bedrooms1 bathroom each unit.Located just across from the main post office.This Property is located on the Los Angeles county side.Perfect for to run theyre business in the front and rent the back units.Commercial building has fairly new roof,All 3 units have been painted inside and out recently.
Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem parking! This building is a great opportunity to step into immediate consistent income and simple, low effort management!
Two Separate Units on One Lot - Vacant at Close of Escrow - Both homes feature extensive renovations a year ago, including NEW ROOFs, electrical systems, sewer lines, plumbing, and flooring. Additionally, new energy-efficient upgrades such as tankless water heaters, split air heating and cooling systems, and new windows have been installed throughout. The front house offers 3 bedrooms, 1 bathroom, and a detached one-car garage. The separate rear house features 2 bedrooms and 1 bathroom. Both homes include newly poured individual concrete driveways for added convenience. The driveway offer space for 5 cars. For privacy and security, fencing surrounds the property, and modern iron entry gates provide a sleek streetside look. Whether you're looking to add to your real estate portfolio or live in one home while renting out the other, this property presents an excellent investment or owner-occupant opportunity.
SEE MARKETING PACKAGE IN DOCS SECTION. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the rare opportunity to acquire 1118-1120 Sanborn Ave. a five (5) unit residential property consisting of one freestanding single-family home, originally built prior to 1920 and substantially rebuilt in 1980 and two duplexes built in the 1920s. The property is located one parcel north of Sunset Blvd and steps away from Sunset Junction, in the heart of the upscale Silver Lake neighborhood of Los Angeles. The unparalleled location and free-standing single family home makes the property a great fit for both an investor or an owner-occupier. 2bed+2bath House: The approximately 1,250 square foot single -story house is freestanding at the rear of the lot and features an open entryway that leads into a living area and a large open kitchen that is complete with a bar stool countertop area for entertaining. Most of the flooring is bamboo with also some large knotty pine plank flooring in select areas. The bedrooms are very large and there is a full master bath and second full bath in the common area. The master bedroom also features a large private patio accessible through a sliding glass door that has just been fully rebuilt. A full-sized laundry room also sits next to the kitchen for convenience. A gray shingle roof was installed in 2014. The electrical panel and electrical service to the house was just upgraded as well. Large Outdoor Patio: Both the kitchen and common area of the house open to a large outdoor patio that has just been fully rebuilt and is perfect for entertaining. The patio area is large enough that it may present an opportunity to replace it with additional living square footage or a separate ADU unit with its own entrance. Buyers will need to do their own due diligence to see if these expansion/ADU opportunities are viable. Duplex Upper Units: The two upstairs 1bed+1bath units each feature a large front porch and patio area for tenants to utilize as additional space. These units also feature an additional room off the back of the kitchen that can be used as an office. Unit 1120 (upper left duplex unit when facing the property) has been renovated with a modern kitchen, a stacked washer/dryer and a modern bathroom, both with dimmable LED lighting. This unit also features the original Douglas Fir floors in the living area and brand-new windows. Unit 1118 1/2 (upper right duplex unit when facing the property)has not been modernly renovated but is still in good condition. It has a classic claw foot bathtub adding significant charm. This unit also features a storage building next to the street level patio. Duplex Lower Units: The two downstairs 1bed+1bath units each feature very large private rear outdoor patios/wood decks that can be accessed from the kitchens and both decks were just fully rebuilt. These units also feature an additional room off the back of the kitchen that feels like an open atrium. Unit 1120 (lower left duplex unit when facing the property) has been improved over time and has a very "Silver Lake" feel to it. There is room in the kitchen to add a stackable washer/dryer similarly to what was done in Unit 1120 1/2 upstairs. Unit 1118 (lower right duplex unit when facing the property) has the most unique feel of all the duplex units. Crown molding is abundant, and the entire unit features the original Douglass Fir wood flooring. The kitchen has been opened to the main living area in this unit and has been updated to a modern style but still features the original stainless countertop with glass cabinet on top. The bathroom is modern but has kept the claw foot bathtub. This unit features a separate laundry room in the back of the kitchen that also provides access to the back patio.
Welcome to this Los Angeles triplex – an excellent income property opportunity. This property is a bit of a fixer-upper and comes with the tenants currently in place. The tenants are on a month-to-month lease, which provides some flexibility for potential buyers.
5274 Ithaca is part of an 11 building portfolio that can be sold separately. The subject property offers and investor an opportunity to acquire 9 units in a great location. El Sereno has seen tremendous growth and offers a strategic location just northeast of Downtown Los Angeles, west of the San Gabriel Valley and south of Pasadena offering access to Los Angeles and the convenience of a more suburban setting. The building sits on a large 9,601 square foot lot that is zoned LARD1.5. The building offers an excellent unit mix consisting of (4) 2 Bed/1 Bath, (4) 1 Bed/1 Bath, and (1) 3 Bed/1 Bath units. There is alley access in the rear of the lot and private garages in the rear of the lot as well.
We are pleased to present 553 Stanford Ave, a 17-unit multifamily community located near the Arts District of Downtown Los Angeles, priced at a 7.87% CAP and 6.71 GRM on current rents with upside to operate at a 17.28% CAP and a 3.98 GRM. The property is a three-story brick building constructed in 1908 with a unit mix of 4 one-bedroom units and 13 studio units with 7 of 17 units renovated with one Studio unit delivered VACANT. 553 Stanford Ave is centrally located in DTLA near the Arts Districts in close proximity to the 10, 110, 101 and 5 freeway, in one of the most desirable and trendy submarkets that has recently undergone immense transition. The location offers tenants easy access to a plethora of restaurants such as Sushi Gen, Maccheroni Republic, Marugame Monzo, Baroo, Manuel, Bestia, De La Noma and much more. The Arts Districts also offers amenities and attractions such as ROW DTLA, Art Share LA, Arts District Brewing Company, Angel City Brewery, Hauser & Wirth, as well as retailers such as Apolis: Common Gallery, Arts District Co-op, Buru and Le Labo.
Located in the vibrant, active community of mid-city heights that's become one of the most desirable enclaves in Los Angeles. Two separate building on one lot zoned LARD 2. Charming 2 Bed+1Bath front house is 1072 sf and has original hardwood floors, decorative fireplace and lots of light. Dining room has original built-ins and opens to enclosed porch that can be used as an office. There is a unit on top of garage 2 Bed+1Bath in 792 sf. Laundry adjacent to two car garage fantastic location close to Vee's Cafe, Delicious Pizza, Mizlala, Los Anaya, Art Galleries, Charter Schools and the annual Mid-city Arts & Music Festival. A short distance from Culver City, Down town, Los Angeles, Mid-Wilshire, LAX and Silicone Beach. Great opportunity for first time buyer and investors.
We are proud to present 10908 S Figueroa St a 5-unit property located in Los Angeles, operating at a 5.40% CAP and a 10.31 GRM on current rents, with potential upside to a 9.85% CAP and a 6.88 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of one (1) two-bedroom units, two (2) one-bedroom units and two (2) studio units. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena's Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market.
THIS IS THE ONE: Introducing YOU to a fantastic investment opportunity: 2 DETACHED HOMES ON ONE LOT- This newly built (2021) ADU & the existing SFR that was also redone in 2021 offers a chance for investors or families to begin their real estate portfolio. With the potential for rental income to help cover mortgage costs, each unit features private entrances, ample space, and essential amenities. Positioned in a sought-after location near amenities and transportation, this property presents a solid investment opportunity. Unit breakdown- Front Unit 2bdr 2bath plus a rec room, actual rent $2,900 and Rear Unit: 3bdr 2 bath, actual rent $3,100 and each unit is independently metered for gas and electric! This is a perfect live in one and rent the other scenario or perfect for that extended family that wants to stay together and enjoy the benefits of homeownership. Do not go direct and disturb the tenants.
Beautiful Spanish Duplex built in 1925 with all the charm and character - delivered VACANT. Sited with sweeping city views, the spacious 2BD, 1BA units with over 1,500 sq ft each could easily be turned into 3BD, 2BA units. The LAR3 zoned lot also features a 3 car garage and extra storage - PERFECT for an ADU(s). Gated and private, inside find elegant large living rooms with coved ceilings, spectacular large windows that flood the space with natural light, formal dining and abundant cabinetry in the spacious kitchens. The bedrooms are huge and feature walk-in closets while the bathrooms have been retiled. Ideally located minutes from downtown LA and Hollywood. Separately metered for gas and electric and large laundry rooms. Yard space for both units. Perfect owner/user or investor opportunity.
We are pleased to offer this eight unit investment opportunity, located in the City of Los Angeles. The unit mix consists of three 0+1 and five 1+1 units. The investment consists of approximately 4,435 of rentable square feet and is situated on an approximately 6,616 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building numbers, and five of the units have recently been renovated. The building amenities include a large parking area with eight total spaces, and the property is master metered for both gas & electricity.
We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 and two 2+1 units. The investment consists of approximately 4,180 of rentable square feet and is situated on an approximately 5,494 square foot parcel. Recent property upgrades include new exterior lighting, new exterior building and unit numbers, an on-site surveillance system, and two rent ready units. The building amenities include a large parking area with six total spaces, and the property is separately metered for both gas & electricity.
2 On-a-Lot (2-Units) in Sought-After 'Elysian Valley / Frogtown' community of NELA. First Time on market in 58 years! Priced below market. Live in one, Rent the other to help with mortgage payments.Both Units (Front & Back) to be delivered Vacant and able to be Buyer Occupied by Close of Escrow. This is extremely rare and a positive for any Buyer(s).*** FRONT HOUSE (1922): Buyers can occupy front unit by Close of Escrow. Originally built 1966 w/2nd Story Addition in 1976 (all permitted). 4BR + Bonus 5th BR (or office), 23/4 Bathrooms. Formal Dining Room, Large Kitchen w/Breakfast Bar and additional dining area w/Recessed Lighting; built-in Range and Double Oven + Slider to side yard. 2nd Floor Family Room (at landing) and double doors to large Master Bedroom Suite with walk-in closet and Full Bathroom. Laundry Closet in Bonus Room. Attached 2-Car Carport w/lots of storage cabinets. Front fenced yard. Systems: Central A/C, forced air heating, copper plumbing, saltillo tile (most of 1st floor), laminate (BR#4 - 1st fl, & Family Room - 2nd fl), carpet (all 2nd fl BR's).*** BACK HOUSE (1920): Buyer's can occupy Back House at COE. Original property on lot, built 1936. 2-Story, 2BR, 13/4 Bathrooms. Living Room w/Fireplace, Spacious Formal Dining Room; both with arched entries and coved ceilings. Large Kitchen w/storage & pantry. Laundry Room w/door to back w/doggie door. 2nd Floor Master Bedroom Suite w/lots of windows and your own Bathroom. 1st Floor Master Bedroom Suite w/3/4 Bathroom. Attached 1-Car Garage. Hardwood floors (liv room, FDR, 1st fl BR), tile (kitchen, laundry), carpet (2nd floor master BR).*** Located near 2, 5 & 110 freeways, Dodger Stadium, DTLA, transportation, parks, L.A. River and more. There is a lot of new development in community, so now is your chance to buy while you can.
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.