Front house is a Two-Bedroom 1 bath home with a large dining area. Property has a fireplace. Needs work. Property sold "as is". Two units in back are rent control with long term tenants. Buyer to verify. needs TLC. Great investment opportunity. needs COURT APPROVAL. BUYER TO VERIFY EVERYTHING. .
This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.
2211-2213 S Bronson Ave is a well-maintained triplex located in the highly desirable Los Angeles submarket of Mid-City. With the potentially vacant 3Bed+2Bath unit, this is the perfect opportunity for a family to owner/occupy and let the other tenants pay off their mortgage. The subject property is conveniently located in between Downtown Los Angeles and Santa Monica, as well as the 10/110 freeways making for an easy commute across Los Angeles. Beneficial to the new owner, 2211-2213 S Bronson Ave has a high yielding unit mix of (1) 3Bed/1Bath, (1) 2Bed/1Bath & (1) 1Bed/1Bath ADU allowing significant upside in rents. If all units are rented at market, the property will produce $9,385/mo. in gross income. 2211-2213 S Bronson Ave is an ideal opportunity for any owner/user or investor looking for a prime asset in a rapidly appreciating neighborhood.
Amazing investment opportunity at 1215 Elden Ave! This multifamily property features 7 units across two well maintained buildings, including a front building with 6 x 1 Bed+1 Bath units and a spacious 6-bed + 6-bath single-family residence in the back. The back single-family home has been extensively rebuilt from the ground up with new engineering design and permits completed in 2017/2018. The front building electrical wiring installed in 2015, and 4 out of the 6 units have been beautifully remodeled in 2017/2018. With a gross operating income of approximately $164K and a NOI of $111K, this property offers a solid 5.7% CAP rate and 11.9 GRM, showcasing strong income potential with significant upside and value-add opportunities. Situated in the prime Koreatown area, residents will enjoy a vibrant neighborhood filled with trendy restaurants, nightlife, and easy access to public transportation.
PERMIT PULLED AND FULLY PAID! RTI SB8 CLEARED! SHOVEL READY! DELIVERED FULLY VACANT! OPPORTUNITY ZONE! Outstanding duplex with prime value add potential located at 1242 Fedora Street in the highly desirable Pico-Union area of Los Angeles. This property presents a unique investment opportunity, situated on a 5,908 square foot lot with two non-conforming 3-bedroom, 2-bath units. Title reflects a total of 3 bedrooms and 2 bathroomsbuyer to verify all details. Perfect to build additional ADU for immediate income. Additionally, the property comes with an approved redevelopment plan and permits worth approximately $70,000, already paid for by the sellers, offering an immediate advantage for those looking to build to maximize potential. The proposed plan features a 4-unit property, with each unit consisting of 4 bedrooms. Every unit has been carefully designed with a thoughtful and efficient layout, appealing to tenants and encouraging quick leasing decisions. Located in the bustling neighborhood of Koreatown, this site places you at the epicenter of everything from the vibrant energy of Downtown LA to the glamour of Beverly Hills. The rendering may not entirely represent the finalized plans.
*Built in 2021: 27 luxury units with in-unit washer and dryer *Priced below replacement cost at $488 PSF and under $417K per unit *5.3% cap rate and 5.7% cap rate at proven market rents *One-block away from the Metro Expo "E" Line Farmdale Station, providing tremendous access to DTLA, Culver City, and Santa Monica *Incredible micro-location with five brand-new buildings on the block *Strong demographics with average household income over $100K and average housing value over $1.4M (three-mile radius) *Rents shown are averages based on in place rent as of Nov. 1, full rent roll in OM; see Agent Remarks for property website.
This is a RARE opportunity to own a stunningly renovated, FULLY VACANT TRIPLEX in the prestigious Hollywood Hills, perfect for both an owner-user or savvy investor. This spacious poolside property, generating an estimated annual income of $201,600, balances tranquility and urban convenience. Just minutes from Hollywood's heart, the Hollywood Bowl, and the iconic Sunset Strip, it offers the best of both worlds. Residents will enjoy exclusive hillside access, ensuring minimal noise and foot traffic while staying close to top attractions. Each unit has been newly renovated and meticulously maintained, offering a pristine, blank canvas for the new owner. The property boasts ample parking with a two-car garage and long driveway. Don't miss your chance to own a piece of sought-after Hollywood Hills real estate and unlock the full potential of this exceptional triplex.
There is a pride of ownership for this European village style complex with all amenities and upgrades located one block north of the 101 freeway in the highly sought for Silverlake/Echo Park area of Los Angeles. This stunning seven-unit income property with maintained landscape consists of a two level quadruplex, a single level duplex, and a single level family residence. A remote controlled wrought iron gate opens to a driveway leading to the rear towards the parking area. Each unit has one bedroom, one full bathroom, and one assigned uncovered parking space. Through the years, the owner has continued to make meticulous improvements to include upgrades to each unit which currently has AC/Heating mini-split system, and own in-unit washer and dryer. In addition, they all have hardwood floors, recessed lighting, and stainless steel appliances. The two upper units of the quadruplex have a balcony, but each unit has some outdoor private space.
Live in One, Rent the Others: Boyle Heights Income Opportunity. Discover the perfect blend of homeownership and income generation in this well-maintained, three-unit property nestled in the desirable and up-and-coming area of Boyle Heights. This unique opportunity allows you to live in the spacious main house while renting out the additional units for substantial passive income. Main House (Delivered Vacant)3 generous bedrooms 2 modern bathrooms Rental Units 2 units, one delivered vacant each featuring: 2 bedrooms 1 bathroom Bonus Unit Additional income potential This property shines with its clean, well-maintained interiors, ready for your personal touch. Don't miss the chance to secure your piece of Boyle Heights and start building wealth through real estate. Ideal for homeowners looking to offset their mortgage with rental income. These units has substantial upgrades to include newer copper plumbing throughout as well as some upgraded electrical. A definite must see.
Opportunity knocks- excellent investment opportunity!! Charming triplex on a corner lot located on the West Side of Loa Angeles. All three units are in good condition and have been well maintained. The front occupied 2 bedroom/1 bath unit is currently being leased for $2,000/month. The middle 1 bed 1 bath unit is currently being leased for $1,400. The back unit is currently owner occupied. The property includes a three car garage that provides covered parking and/or endless storage space. Wood floors, copper piping, roof is 20 yrs old. Laundry hookups located in garage. This property is in a prime location, close to shops and restaurants. Also located within proximity to Sony Studios, Amazon, Apple and Google. If you are looking to take part in outdoor activities, just steps from your door is a bike path that takes you all the way to the Pacific Ocean just over 2 miles away. Enjoy proximity to Marina, Venice, Playa Vista, and Silicon Beach! experience the endless possibilities and the irresistible allure of this Westside treasure! Don’t miss your chance in seeing this rare investment opportunity in a sought after neighborhood on the West Side. Schedule your private viewing today and seize the moment to make this exceptional property your own!
Spectacular offering of a 12-unit building in the Historic Central submarket of Los Angeles. Just south of downtown LA, this stylish building provides the perfect opportunity to add value as well as significant upside in rents. The unit mix is 12 Single Room Occupancies (SRO) with 6 two bedroom tandem units with separate exterior entrances to the 2nd bedrooms and 6 one bedroom units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation.
We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with full RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, about 2 blocks to the University of Southern California (USC). The existing property currently consists of a total of five (5) bedrooms & four (4) bathrooms. The RTI plans have been approved to convert the existing Single-Family Residence to a spacious Duplex, consisting of a 4-bedroom + 3-bathroom unit & a 1-bedroom +1-bathroom unit. The plans are also approved to construct two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms. Fully constructed, there will be a total of 4 units, 13-bedrooms + 12-bathrooms. Current income is $5,900/month Finalized constructed units will have a scheduled income of approximately $20,000/month.The property features hardwood floors, stainless steel kitchen appliances, quartz counter tops,On-site laundry, and the tenants pay all utility expenses. 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. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 school year.
Prime Investment Opportunity – 3359 & 3357 Sierra St, Los Angeles, CA 90031 Two APNs – Mixed-Use Building & Adjoining Lot for Development Total Building Size: 3,676 sq. ft. (Buyer to verify actual square footage) Combined Lot Size: 50,150 sq. ft. (Buyer to verify actual square footage) 3359 Sierra St: This mixed-use property is zoned LAR1 and offers an vacant ground-floor commercial space currently used as a warehouse, covering 1,254 sq. ft. The upper level consists of three rental units with excellent income potential. Two of the units feature 2 bedrooms and 1 bathroom each, while the third unit includes 3 bedrooms and 1 bathroom. 3357 Sierra St: The adjacent lot is a spacious 17,144 sq. ft., ideal for expansion, landscaping, or future development, subject to zoning regulations. This package deal is perfect for investors looking for both immediate rental income and long-term development opportunities. The mixed-use building needs some TLC but could easily be transformed into a thriving live-work space, storefront, or café. The adjoining lot offers ample room for creative development or enhancements. Total Package: Both properties must be sold together, providing a unique opportunity to maximize your investment. Whether you're seeking rental income, a redevelopment project, or a combination of both, this is your chance to acquire two APNs (5207-030-023 & 5207-030-016) in a prime Los Angeles location. Don't miss out on unlocking the full potential of this investment in one of LA's most vibrant neighborhoods!
Charming Four-plex in Amenity-Rich Congress North, Los Angeles!!! Located in the vibrant Congress North neighborhood of Los Angeles, this well-maintained Four-plex is a fantastic opportunity for both investors and owner-occupants. The area is renowned for its abundance of amenities, with markets, coffee shops, and more just steps away. This multi-family property features four spacious one-bedroom units, each boasting original hardwood floors and large windows that flood the interiors with natural light. Tenants will appreciate the paved parking space and the property’s excellent upkeep. Positioned near the University of Southern California, this location offers exceptional convenience for students and faculty. The property is also just a short drive from the newly constructed SoFi Stadium and the Clippers Basketball Arena, making it a prime location for sports enthusiasts and entertainment seekers alike. Whether you’re looking to live in one unit and rent out the others, or fully capitalize on its rental potential, this property provides incredible flexibility and opportunity in one of LA’s most desirable and fast-growing neighborhoods.
Three units delivered vacant in this Charming Contemporary style triplex building in the prestigious and desirable location in Pico-Robertson/Pico-La Cienega area! The property features a two story building in front with two spacious units, each offering 2 bedrooms and 1 bathroom, and a bach building with a third unit with 1 bedroom and 1 bathroom plus an office/small bedroom over the 3-car enclosed garages. Each units boasts a large living and dining area with beautiful kitchen with granite countertops and spacious breakfast area. Situated close to all the main shopping centers and restaurants. This property allows you to fully embrace and enjoy the vibrant Pico-Robertson / Pico- La Cienega lifestyle!
Just listed property on cul-de-sac, this duplex feature a total 5 bedrooms and 2 bathrooms, driveway parking on both sides. Each unit has its own gas, electric meter. both units are on good conditions.
Multi-family home with three separate detached units. First Unit 5141 Oakland: 2 bedrooms and 1 bath. Second Unit 5141 1/2 Oakland: 1 bedroom 1 bath. Third Unit 5143 Oakland: 1 bedroom 1 bath. Each unit has own separate entryway. Walking distance to supermarket, bus stations, and all amenities in the neighborhood. Buyer to perform own due diligence and verify square footage.
Courtesy: Marcus & Millichap
Seize a remarkable investment opportunity with this Spanish-style duplex, perfectly situated in a vibrant and rapidly developing community! This property features two spacious front units, each with 2 bedrooms and 1 bathroom, along with three garages at the rear. Located in a high-demand area poised to be a focal point for the 2028 Olympics, this duplex is conveniently close to schools, USC, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, and major freeways. Whether you're an investor or a homeowner eager to create your dream space, this property offers blank canvas for your vision. Don't miss the chance to transform a property in one of the most sought-after cities in the world! KEY FEATURES-TWO GENEROUSLY SIZED UNITS-Each uni provides ample living space, ideal for tenants or personal use. RENOVATION READY- Unleash your creativity! This duplex is primed for a makeover, allowing you to customize interiors to modern tastes and maximize rental income. FLEXIBLE TENANT OPTIONS- Current tenants are in place, but the seller is open to relocating them, giving the buyer the opportunity to enhance the property's value or start fresh.
Explore a fantastic investment opportunity with this craftsman triplex, ideally located in a thriving community on the rise! This property features two front units side by side one with 1 bedroom and 1 bath, and the other with 2 bedrooms and 2 bathrooms. The detached back unit includes 1 bedroom and 1 bathroom, awaiting your renovation touch. Situated in high-demand area that will be central to the 2028 Olympics. This triplex is near schools,USC,BMO stadium, museums downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, and major freeways. This property is perfect for those looking to craft their dream home or capitalize on a renovation project. Whether you're an investor or a homeowner ready to make your mark, this triplex offers a canvas for creativity and growth. Don't miss out on this amazing opportunity to transform a property in one of the most desirable cities in the world! KEY FEATURES- THREE GENEROUSLY SIZED UNITS. Each unit offers spacious living areas, providing flexibility for tenants or personal use. RENOVATION READY-Bring your vision to life! This triplex is ready for a makeover, allowing you to customize the interiors to match modern tastes and maximize rental income. FLEXIBLE TENANT OPTIONS-With current tenants in place, the seller is open to relocating them, enabling the buyer to enhance the property's value or create a fresh start.
Excellent opportunity for investors or owner-users to own and live in a 4-plex within the vicinity of our very own Highly desired Downtown Los Angeles area. VACANT unit is a 2nd level, 1 bedroom, 1 bathroom, with a beautiful Sunroom which has been recently remodeled, updated, and repainted ready for immediate move-in. Quadraplex has TWO 1 bedroom, one bathroom plus sunroom and TWO 2 bedroom and 1 bathroom units separated into 2 separate buildings. Building One features TWO one bedroom, one bathroom, and BONUS sunroom with 3 single car garages. This entire building is constructed with steel beam reinforcement from ground up. There is also a common area room featuring the utilities, storage, and washer/dryer hooks up should the owner prefer to install. Second Building has TWO units which are both 2 bedrooms and 1 bath. Lot has an impeccable landscaped wrap-around yard offering a private side yard for each of the buildings. Secured with Cylinder Block and Chain-Link fencing around the property, with its very own separate entrances. Exterior of both buildings has been recently painted with various upgrades done throughout the units and property. Property has an additional and detached TWO single car garages perfectly situated for future ADU conversion which would be an immense value add in both income and property aspects. Own or Live in the most rapidly growing markets adjacent to Downtown, Rampart Village, Echo Park, and Silver Lake. Area is centrally located to LA’s notable Dodger Stadium, Elysium Park, Disney Concert Hall, 110 and 101 freeway, a developing Metro Regional Connector and more!
Two units in the same lot divided with a fence, each unit has their own entrance, parking and yard. Front house has 3 bedroom and one bath, back unit has two bedrooms and one bath parking and yard.
Courtesy: Keller Williams VIP Properties
Courtesy: Power Brokers
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.
