** $145,000 Price Reduction ** Do Not Walk on the Property - Drive by Only. We are pleased to present for sale this rare Single Story multifamily property comprised of a 1948 & 1955 built 3-unit building (allowing for residential financing) in prime Highland Park. The offering includes one VACANT 991 Square Foot, 2 Bed & 1 Bath standalone unit (built in 1955), and a duplex built in 1948, making it ideal for an owner-user! The property is being sold alongside 2 Units next door for $635,000! Two Separate APN's! Located at 6011 Pine Crest Drive and 6018 Monterey Rd, this property sits in one of Los Angeles' most sought-after neighborhoods. It represents a unique opportunity for an owner-user to live in a tri-plex while generating income from the adjacent duplex, or for an investor to reposition as a TIC, develop multiple ADUs, or explore future Small Lot Subdivision on the expansive combined 15,149 SF lot. The property features an all 2-bedroom, 1-bath unit mix, totaling approximately 4,227 SF, W/D in each unit, and six garage parking spaces on Monterey. The beautifully updated vacant unit includes new vinyl windows, fresh paint, engineered flooring, turf, central air, gorgeous hardwood floors, and an in-unit washer and dryer! Zoned (Q) RD1.5-HCR, it offers significant long-term investment and development potential. The property is strategically located within minutes to Highland Park's Famous Retail Corridors: Figueroa and York and the Gold Line! Residents can dine at local favorites: Mendocino Farms, Jeni's, HomeState, Kitchen Mouse, Highly Likely, Highland Park Bowl, Villa's Taco's, Triple Beam, and Hippo, to name a few! It's surrounded by South Pasadena and minutes to DTLA! It boasts a walk score of 77 ("very walkable"), where most errands can be accomplished on foot! Disclosure: Buyers are advised to conduct thorough due diligence, including but not limited to verification of legal building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, and the feasibility of constructing ADUs, additional units, or development feasibility. Listing Agent and Broker do not make any guarantees or representations as to the accuracy of the information provided.
*** Lowest-priced fourplex in 90026*** Set half a mile from Virgil Avenue, 3456 Plata sits within reach of one of LA's most culturally vibrant corridors. The surrounding neighborhood has become a destination for locals and visitors alike, drawn to its flourishing food scene and independent retail. Within minutes, tenants have access to Sqirl's inventive California fare, Courage Bagels' New York-style classics, Bolita's modern Mexican cuisine, and Voodoo Vin's natural wine selection. Just one mile north, Sunset Boulevard and Silver Lake's creative community add another layer of appeal, reinforcing consistent tenant demand in this evolving pocket of 90026. Built in 1925, the property is a classic bungalow-style fourplex featuring (1) 2-bedroom unit, (1) 1-bedroom unit, and (2) studio units. Each unit offers wood flooring and large windows that fill the spaces with natural light. The 2-bedroom unit includes a private back patio, ideal for outdoor dining or entertaining. Property amenities include approximately 3 parking spaces and community laundry. For investors, 3456 Plata presents clear upside. Current rents are positioned approximately 47% below market, with projected stabilized returns of a 6.64% cap rate and 11.09 GRM at market rents. Following a recent price reduction, the property is the lowest-priced fourplex in 90026, offering an accessible entry point into a neighborhood defined by momentum, culture, and long-term growth potential.
We are proud to present 8 Brand New non-RSO Units with a 6.19% Cap Rate in one of Los Angeles' most dynamic and rapidly evolving neighborhoods - Jefferson Park / Leimert Park. Located at 3608 and 3612 10th Ave., the properties, consisting of two Fourplexes, are strategically located a ten minute walk to the Expo / Crenshaw E and K Metro Station, helping tenants to take advantage of the notable job market in the area, while opening up all of Los Angeles to those who choose to avoid relying on a car!Designed for modern living, these two-story structures have been thoughtfully designed with today's renters in mind. The properties features spacious, family-sized units perfect for roommates, and each consist of two 3-bedroom units and two 4-bedroom units, boasting open floor plans, generous living areas, and in-unit laundry with new washers and dryers. The cooks-kitchens are appointed with quartz-style countertops, stainless steel appliances, and custom cabinetry, creating a clean, contemporary aesthetic that appeals to families and young professionals alike.Each residence has its own private entry for an exclusive feel, with two-story layouts, stylish lighting and one entry-level bedroom. The back of the property is striped for 8 parking spaces, and will feature solar panels. The properties' location is equally compelling. Very centrally located for Los Angeles, residents benefit from the E and K Metro Lines, which will connect to the People Mover for quick access to LAX, placing the entire city (and the world) within easy reach, creating a rare convenience for professionals, students, and frequent travelers. Just north of Leimert Park and the Crenshaw Mall, the properties are also only minutes from West Adams, one of Los Angeles' most dynamic neighborhoods, celebrated for its rapid revitalization, vibrant dining scene, and influx of creative professionals. With continued reinvestment driving new restaurants, nightlife, and retail, this submarket is emerging as one of the city's most desirable places to live and invest.This offering provides investors with the rare chance to acquire two newly built, transit-oriented Fourplexes with no rent control in a neighborhood that is quickly coming of age. With its large unit sizes, modern finishes, and prime location, 3608 & 3612 10th Ave. present a compelling long-term hold for cash flow and appreciation and a strong addition to any multifamily portfolio. This Listing includes two APNs: 5044-012-024 & 5044-012-025.
234 N Burlington Ave A Fully stabilized 2023 construction fourplex delivering a true 6.00% cap rate at $2,575,000. This rare income property offers immediate, predictable cash flow with zero lease-up risk: ideal for end-of-year and 1031 exchange buyers seeking strong returns in a core Los Angeles location. Each unit features modern 3- and 4-bedroom layouts with open floorplans, designer kitchens, in-unit laundry, and premium finishes that command top rents. Eight total parking spaces, separate utility meters, and all new systems ensure minimal operating costs and maximum efficiency. Located just blocks from Echo Park Lake, Silver Lake, and Downtown LA, the property attracts high-earning tenants and benefits from continued submarket growth driven by limited SB 8 supply and consistent rental demand. This is one of the few stabilized assets in LA offering verified 6% performance with clear long-term appreciation upside.
Built in 1910, this character-filled multi-unit building presents a compelling investment opportunity with both stable income and substantial upside potential. The property features eight units with a great unit mix (2) Studios / 1 Bath, (2) 1 Bed / 1 Bath, and (4) 2 Bed / 1 Bath catering to a wide range of tenant needs. All units are currently rented at well below market rates, allowing for strong rent growth through a strategic renovation plan and the potential addition of ADUs. Each unit is separately metered, minimizing owner expenses and streamlining management. Residents enjoy unparalleled connectivity with easy access to Downtown Los Angeles, Crypto Arena, LA Convention Center and LA Live, Hollywood, and Beverly Hills, as well as nearby Metro stations that connect to the city's top employment and entertainment hubs. This central, high-demand location makes the property an ideal value-add investment in one of Los Angeles' most dynamic rental markets.
Timeless Spanish charm defines this stunning duplex, perfectly situated on one of Willoughby Avenue's most coveted blocks. With undeniable curb appeal, this property has been lovingly maintained to preserve its vintage character and authentic architectural details. Classic Spanish features abound exposed beam ceilings, original tile work, graceful archways, and rich hardwood floors all contributing to its enduring elegance. Bathed in natural light, both units feature 2 bedrooms and 1.5 bathrooms, with beautifully updated kitchens that blend modern comfort and old-world style.The upper unit impresses with a dramatic pitched beamed ceiling, a decorative fireplace, and a spacious deck offering sweeping views of the Hollywood Hills an idyllic setting for relaxing or entertaining outdoors. The lower unit offers a generous living room with its own decorative fireplace and easy flow access to a charming yard with mature trees, perfect for cozy private evenings under the stars. Additional highlights include two 1-car garages, air conditioning, and an unbeatable location just moments from the vibrant shops, restaurants, and boutiques along Melrose Avenue and Santa Monica Boulevard. This is a rare opportunity to own a piece of classic Los Angeles elegance timeless, character-filled, and truly special.
Steven Kasten Realty, Inc. proudly presents 1916 W. Avenue 30 in Glassell Park. This is a large 2 unit property. The property has over 3,000 square feet of living area with 10 bedrooms and 6 bathrooms. The seller recently installed solar panels bringing down the electric payment. One unit will be delivered vacant. The property sits near major freeways, close to Dodgers Stadium, Downtown Los Angeles, Pasadena, Glendale, and Burbank. Come live in one unit and collect rent from the other unit.
Single family home with a four unit apartment building all on one parcel. Large corner lot zoned LAR3 may allow redevelopment with a higher density. One nicely updated and renovated apartment is ready to lease at market rent. Can be leased now or delivered to a new investor. Plenty of off street parking and gated yards and patio areas provide secure spaces for pets and outside relaxation. This property is great investment opportunity in a gentrifying neighborhood and priced to sell to an investor ready to take it to the next level, Excellent opportunity to acquire a single family home and income property all-in-one. Don't wait! Check it out today!
This property features a stunning single-family home alongside a newly constructed ADU unit in Los Angeles. The main house boasts a total of 4 bedrooms and three and a half bathrooms, with a BRAND NEW ROOF just completed and installed in October 2025. There is a first floor large en suite with its own connecting entrance from the main house and also a sepaate access from the outside.. There is a spacious living room and dining room/family room each with its own unique fireplace and a separate laundry room. The second floor features three additional large bedrooms with walk in closet space and additional storage rooms. Highlights include hardwood flooring throughout, a wood-beamed ceiling and an original wood staircase. The house also has a newly reinforced foundation brought to city codes. There is central heat in the main unit. The ADU, completed in 2022, spans 1,200 square feet with a total of four private bedrooms and two full bathrooms. It is equipped with solar power and central air, providing modern, eco-friendly living. Situated near a quiet cul-de-sac, the generously sized driveway and backyard ensures private parking for residents. Conveniently located near the 10 Freeway, this property offers easy access to Crypto.com Arena, LA Live, USC Campus, and downtown Los Angeles. Don't miss this outstanding investment opportunity!
Built in 2018, this stunning 4-unit townhome-style apartment complex offers a modern contemporary design that blends luxury, functionality and steady cash flow making this an excellent investment opportunity. Live in one townhome as owner-user and collect rents! Each two-story townhome- style apartment is thoughtfully designed with high-end finishes. Expansive open floor-plan, high ceilings, large private enclosed rooftop decks with breathtaking city and mountain views. Whether you choose to live in one and rent out the others or lease all four units, this is an exceptional investment opportunity in a highly sought-after rental location. Spacious & Open Floor Plans: Large, open-concept layouts with high ceilings for an airy expansive feel.* Designer Kitchens: Equipped with built-in stainless-steel appliances, stone countertops. and a sleek tiled backsplash.* Natural Light: Abundant windows throughout each unit fill the space with warm, natural light.* Private Rooftop Decks: Each unit features an oversized enclosed rooftop deck offering unobstructed city and mountain views perfect for relaxation or entertaining.* Luxury Bathrooms: Stylishly designed with high-end finishes and contemporary fixtures.* Convenience & Comfort:* Full-size washer and dryer in every unit.* Central air & heat for year-round comfort.* Tankless water heating system for energy efficiency. Secure Parking & Added Convenience* Two private, secure parking spaces per unit.* Additional secure guest parking available on the premises.Prime Location - Unbeatable Accessibility* Close proximity to Kaiser Hospital. Culver City, Century City. Santa Monica, and Downtown Los Angeles.* Minutes from major freeways and public transportation. ensuring easy commuting.Investment Highlights* Current rents are well below market. providing an opportunity to increase monthly cash flow.* 4-unit building qualifies for more favorable residential lending terms.* Built in 2018 a newer build equates to minimal deferred maintenance and upkeep.* Future Potential: Per the seller, the buyer may have the opportunity to subdivide and sell.* Units individually (buyer to verify). 2006 South Corning Street LOS ANGELES, CA 90034.
Non-rent controlled duplex built in 2014 near FWY 105 & Central Avenue. Both units are 3 bedrooms & 2 bathrooms, approximately 1,160 sf each. Each unit comes with 2 car tandem parking. Separate water meter for each unit. The owner pays only tax, insurance, gardening, & maintenance. A few blocks to Planet Fitness, Rite Aid, Food For Less, Denny's, Pizza Hut, and many more shopping stores & restaurants.
SELLER IS MOTIVATED. Echo Park is a neighborhood that lives at the intersection of creativity and culture, and 1545 Duane Street captures that spirit in every way. This rare three-unit property offers the kind of lifestyle buyers dream of privacy, design, and community all just steps from the energy of Sunset Boulevard, Echo Park Lake, and Dodger Stadium. Trendy cafs, independent shops, and leafy parks surround you, creating a neighborhood where every day feels connected and inspired. At its heart is a standalone 1-bedroom, 1-bath bungalow with an additional office, staged to highlight its mid-century aesthetic and clean, modern charm. The home's open floor plan, upgraded laminate floors, and mini-split system make it as functional as it is stylish, while the front and side yard create a true indoor-outdoor oasis. It's the perfect setting for morning coffee, evenings with friends, or quiet moments of retreat. Two additional residences provide steady income, with one recently renovated and both paying close to market rents. For those who have been priced out of a single-family home in Echo Park, this is a rare chance to live in a house-like setting while offsetting your payment with income from the other units. 1545 Duane Street isn't just an investment it's an invitation to live beautifully, surrounded by one of Los Angeles' most vibrant and creative communities. THIS IS A TRIPLEX WITH A DETACHED VACANT UNIT AND IS BEING SOLD AS A TRIPLEX.
Rare opportunity to own a four-unit income property in the desirable Hancock ParkWilshire area at this price! Each unit features 1 bedroom, 1 bathroom, 1 garage space, and 1 driveway parking space. This well-located investment property offers consistent cash flow and strong rental demand in a highly sought-after neighborhood. Ample parking and stable income make this property ideal for both owner-occupants and investors seeking a solid addition to their portfolio in a prime Los Angeles location.
NOW WITH A $300,000 PRICE ADJUSTMENT. With an outstanding rent roll projecting $15,220 per month - a turn key, and meticulously renovated trophy triplex in prime Silver Lake by AIH Development. Set on a promontory with sweeping views that survey the city, hillsides and landmarks like the Hollywood Sign and Griffith Observatory. The property consists of a duplex with upper and lower unit, and a separate third unit with private side yard. Newly rebuilt in 2025, each unit offers premium design finishes, appliance packages, in-unit laundry, plus dedicated parking. The front duplex offers a lower and upper unit, each with their own entrance. These floor plans feature 2 bedrooms, 2 bathrooms, laundry, and ample living room, dining area, and kitchen spaces. Facing toward the southwest, with romantic French door Juliette balconies, these units receive exceptional natural lighting all day long and offer stunning sunsets, framed by panoramic views of the city. Luxurious amenities catering to high-income renters, like designer tile and stone bathrooms, oak engineered flooring, kitchens with custom white oak cabinetry, eat-in peninsulas and Fisher Paykel and LG appliances. The back third unit lives as a standalone casita with a perfectly proportioned layout, and a private grassy side yard. From stucco to windows, doors, roof, water lines, sewer, electrical, and HVAC, this property has been meticulously rebuilt with energy efficiency, longevity, and ease of maintenance in mind. No expense was spared on the exterior and grounds with a significant landscaping program, automatic sprinklers, and photocell pathway and landscape lighting. Fully gated for security and privacy, there is a bricked pedestrian entrance and the expanded driveway has an automatic gate for ease. A dedicated common yard space offers a green area for tenants to enjoy and unwind outside of their home. Two private garages and one dedicated parking space each feature their own 240v charging portals. Situated in Silver Lake's Sunset Junction, the location is unmatched with the best amenities in the neighborhood literal steps from your front door - Erewhon, Silver Lake Pool & Inn, Intelligentsia, Bar Seco, Santo, Tartine, Stella, weekly Farmer's Market, Condor, Bacari, and so much more. Rarely do opportunities to own a significantly upgraded and thoughtfully designed multifamily property in an A+ neighborhood become available. See Listing Agent for Offering Memorandum.
GREAT INVESTMENT BUILDING IS FULLY OCCUPIED, Large units with large rooms. Great for updating and improving CLEAN STREET LAPD 77TH DIVISION 3 DOORS DOWN FROM THE APARTMENT BUILDING CLEAN STREET 6 UNITS IN ALL 11 BEDROOMS /6 BATHROOMS. ALLEY ACCESS IN THE REAR OF THE Building POSSIBLY COULD BE REOPENED FOR ADDITIONAL PARKING. Quiet building long-term tenants.
LA Income Powerhouse! Triplex with Solar & Maximum Cash Flow Potential. Invest smarter in the heart of Los Angeles with this exceptional, permitted 3 unit income property designed for top tier performance! Located in the high demand area of Los Angeles, an area showing positive real estate trends with a strong rental market. This property is poised to maintain stable, significant monthly profits. Built in 2011 this property is in great condition and has been maintained exceptionally well. 2 front units boast of a spacious living room, bedrooms and fully equipped kitchens. Newly built rear 3rd unit includes a private back patio with a great layout and modern details. Maximize your rent roll with large, highly desirable units: Unit 1: 4 spacious Bedrooms / 2 Bathrooms Unit 2: 5 Bedrooms / 3 Bathrooms Unit 3 New Construction ADU: 2 Bedrooms / 2 Bathrooms with a living area of 1,224 sqft Built-In Income Streams: Boost your bottom line instantly with the included, coin-operated Washer/Dryer machines a dedicated, hassle-free revenue source. Green & Lean Operations: Enjoy significantly reduced utility expenses thanks to fully owned Solar Panels, ensuring a higher net OI from day one. The brand new, back-unit ADU was constructed by professional contractors with all necessary permits, for maximum valuation. Secure Parking: The property features a gated, long driveway providing secure access, including two assigned spots, a premium amenity in LA. Situated in a dynamic and growing LA neighborhood, this property has convenient access to major freeways, public transit options, and is centrally located relative to USC, Downtown LA, and major employment hubs. The community features essential amenities, making it a continuously attractive location for long term tenancy and a smart, strategic investment. This is more than a property; it's a premier wealth building machine. Don't miss this rare opportunity to secure this low-maintenance, and cash flow asset in the competitive Los Angeles market!
Four units, comprising 2 buildings on one lot NO Garages. Front building a duplex: first floor 3 bedroom 2 bath, upstairs 2 bed 1 bath, second rear building duplex, downstairs 1 bedroom 1 bath, upstairs 1 bedroom 1 bath.. Utilities owners pay water tenants pay all other utilities. Property is located in a high demand rental area. All units are occupied, one by owners. Short distance to restaurants, shopping, RTD access LA area.
Investment Opportunity – Duplex with Development Potential Near Downtown Los Angeles Great opportunity to own a duplex with expansive land in a high-demand area just south of Downtown Los Angeles, conveniently located near the 110 Freeway and Slauson Avenue. Each unit currently features 1 bedroom and 1 bathroom (both utilized by tenants as 2-bedroom, 1-bath units). One unit can be delivered vacant—ideal for an owner-occupant or investor seeking flexibility. The generous lot provides excellent potential for future development, additional units, or expansion (buyer to verify zoning and building possibilities). Perfect for investors, developers, or buyers with a home-based business looking to establish themselves in a prime central Los Angeles location with strong rental demand and easy freeway access.
Constructed with entertaining in top of mind, the living room/dining room transition effortlessly into the kitchen with stone backsplash, abundant cabinetry, and stainless-steel appliances with hood. Tree top and city views from balconies and patios for entertainments. The project is an eight-unit apartment building with a full subterranean parking and 4 residential floors above it. This 8-unit apartment building consist of six units 3-bedroom, one unit 1-bedroom 1.5 and a huge penthouse. This 2025-completed building is located within close proximity of Beverly Hills/Beverly Wood/West Hollywood , and the greater Westside, with short drive to 10 & 405 Freeway!UNIT MIX: (1+1.5)x1 & (3+2.5) x3 & (3+3) x 2 & (3+2) x 1 & (0+1)x 1 / unit# 402 Luxury Studio which is 903 sf Can be converted to a 2 bed 1 bath/ There are 15 parking spaces in the subterranean garage plus 8 enclosed spaces for bicycles. The lot is 130'x50'. Solar ready
Welcome to this incredible value in Mid City, Fantastic investment opportunity in the rapidly growing Mid City market! This well-maintained 5 units feature over 5000 square feet of unique construction, creating strong value-add potential, 2 units were recently fully renovated the property is strategically positioned in the most appealing, high growth areas from Downtown L.A. to Culver City's Tech Hub, the neighborhood is experiencing a rapid growth of multifamily development. This property offers amazing tenant convenience Located in a high-demand rental market, this property is ideal for investors seeking steady income and long-term growth.
*** Price Reduced! The Offering - 726 Robinson Street NOW FULLY LEASED is an exceptional, Non Rent Controlled Luxury Multifamily Property located in the heart of Prime Silver Lake, mere steps from the vibrant Sunset Junction. This rare, high-performing asset delivers the perfect blend of design, income, and location, boasting a 6.13% CAP Rate and breathtaking panoramic views of the Downtown Los Angeles skyline. Crafted by one of Los Angeles' premier developers, this six-unit, townhome-style property showcases modern architecture and exquisite designer finishes throughout including vinyl plank flooring, recessed lighting, granite countertops, stainless steel appliances, and soaring 10-foot ceilings. Every detail has been thoughtfully designed to elevate the tenant experience, from spacious open layouts to private rooftop decks offering sweeping city and hillside vistas. The property features an exceptional unit mix: (1) 4BD/3BA, (1) 3BD/3.5BA, (2) 3BD/3BA and (2) 1BD/1BA catering to a diverse and desirable tenant base. Each unit includes in-unit washers and dryers, private garages, and ample parking, providing residents with both convenience and security highly coveted amenities in Silver Lake. As a non rent-controlled asset, 726 Robinson Street offers full flexibility in operations and rent growth, allowing investors to maximize returns in one of Los Angeles' strongest rental submarkets. Combining prime location, architectural quality, premium amenities, and strong financial performance, this property represents a truly rare and trophy-level opportunity in the heart of Silver Lake.
VACANT FRONT HOUSE OF CHEVIOT HILLS / RANCHO PARK DUPLEX! It's your opportunity to house hack by living in the front 4 bedroom 3 bathroom of the few Spanish style multifamily in the luxury neighborhood of Rancho Park and Cheviot Hills. The front 4bd 3ba house is complimented by a 1 bed 1 bath apartment, 1 car garage. Each unit enjoys private yard space. The building has a combination of original wood windows, aluminum windows and newer vinyl windows and sliding doors. You couldn't ask for a better location. Walking distance to Rancho Park Country Club and Golf Course, UCLA Westside Pavilion and the world famous Apple Pan. Minutes from Century City, Beverly Hills, Downtown Culver City, UCLA Campus and UCLA Health Ronald Reagan. Schedule your viewing today.
Your income-producing dream property 1 mile from BMO stadium and minutes from USC, the LA Memorial Coliseum, SoFi Stadium, and Downtown LA. This is a well maintained 4-plex in West Adams District. Front unit is the larger original house, the other 3 units were added to the back around 1970 with permits. Rents are below market on two of the units and Drastically below on 1 other. All tenants are on month-to-month rental agreements. (See Unit details below). This property features individual electric and gas meters AND tenants are billed for Water and Trash usage. Property is conveniently located near transportation, shopping, downtown and USC. Could make a great student housing. 1 unit may be vacant upon sale. Unit 2 is completely remodeled including electrical, walls, floors, windows, bathroom and complete kitchen. This is a great Investment opportunity with long term stable tenants and great upside potential. Unit 1 can be up to $3000 and other units can be up to $2,400 or so which makes this sales price a deal for you. This building is on a nice quiet and safe block with wide streets. Off street assigned parking and storage closet is included. Don't miss out on this opportunity. Call listing agent for more information. ******* Unit 1 Information - Actual Rent: $506, Potential rent $3,200, # of Baths Full: 1, Total # of Bedrooms: 2-3, Condition: Moderate, Furnished: Unfurnished ******* Unit 2 Information - Actual Rent: $2,400, # of Baths Full: 1, Total # of Bedrooms: 2, Condition: Excellent, Furnished: Unfurnished ******* Unit 3 Information - Actual Rent: $1,683, Potential rent $2,400, # of Baths Full: 1, Total # of Bedrooms: 2, Condition: Good, Furnished: Unfurnished ******* Unit 4 Information - Actual Rent: $1,530, NOW VACANT Potential rent $2,400, # of Bathrooms Full: 1, Total # of Beds: 2, Condition: Good, Furnished: Unfurnished ***************************** Building Expenses - Trash: $0 (Tenant paid), Maintenance: $1,500, Licenses: $427, Insurance: $3,000, Water Sewer: $0 (Tenants paid), Gardener: $1,800 ***************************** Net Operating Income: $63,813 Total Building Area: 2,998 Gross Scheduled Income: $ Gross Operating Income: $71,040 # Of Separate Water Meters: 1 # Of Separate Gas Meters: 4 # Of Separate Electric Meters: 4 # Of Buildings: 2 Vacancy Allowance Rate: 3 Vacancy Allowance: 1217 *****************************
With its striking ivy-clad exterior and the Hollywood Sign as its backdrop, this Beachwood Canyon 1928 fourplex offers character, history and a premiere investment opportunity for a savvy new owner. Four 2BR/1BA units all approximately 1,250sf with large living rooms, formal dining rooms and period details such as original windows, hardwood floors, arches and tile. Upper units feature vaulted beamed ceilings and lovely neighborhood views. Additional features include in-unit laundry, new Spanish tile roof in 2024, and four garages with community roof deck. Prime Beachwood location with easy access to Hollywood, 101 Freeway, major studios, hiking trails, as well as many of the area's best shops and restaurants. All units are currently tenant-occupied and rent easily with most near market value. Lovingly cared-for by the longtime owners with many upgrades over the years, this classic property is a true slice of LA and perfect for someone looking to invest and preserve the history of this coveted neighborhood.
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.
