Welcome to 938 Hendricks Ave., Los Angeles-offering 4 units in the prime area of East Los Angeles. Consisting of 3, two-bedroom one-bathroom units and 1 one bedroom one bathroom unit. Property is fully occupied and located a short distance from Downtown Los Angeles, the Citadel outlets, shopping centers, parks, schools and public transportation. Easy access to the 5, 710 and 60 freeways. Property is being sold in AS IS condition.
Exceptional Investment Opportunity! Offering a unique property bundle that includes a well-maintained single-family residence and a modern duplex, all situated on a spacious 9,416 sq. ft. lot. The single-family home, built in 1922, is conveniently located at the front of the lot and features 2 bedrooms, 1 bathroom, and 1,180 sq. ft. of living space, complete with a one-car garage. At the back, the contemporary duplex, constructed in 2019, boasts two expansive units. Each has 1,900 sq. ft. of open-concept living space, 2-car attached garages, and 4 bedrooms and 3 bathrooms totaling 8 bedrooms and 6 bathrooms in the duplex alone. The combined livable space for all 3 units is approximately 4,980 sq. ft. Each is equipped with essential appliances and features convenient inside laundry areas. Ample open parking is available for residents and guests. Ideally situated near the 105, 110, and 405 Freeways, this property offers easy access to major routes and local amenities. With a total of 10 bedrooms and 7 bathrooms, this property provides significant investment potential on a single lot with two buildings. We’re also accepting crypto payments, making it easier than ever to secure your spot. Don’t miss this exceptional opportunity to own a versatile and valuable real estate asset!
Four units and 2 available at the close of escrow!! Two separate stand alone units and one duplex, a total 6 Bedrooms 4 Baths 2,358 sq ft. 4, 928 lot. The site is zoned LARD1.5 and is in a Tier 3 TOC zone. Property is within the highly desirable USC DPS security patrol zone and is in a popular student housing rental neighborhood. Back Unit has been recently renovated with hardwood floors, new open kitchen, new bath with sky light, spa, double showers and with private gated area. Nicely maintained drought tolerant landscaping. Great Opportunity for Investor or Developer near USC. Close to University Park, USC Campus, Exposition Park, Museum of Natural History, DTLA, and the Expo Metro line. Near I-10 & I-110 freeways.
GREAT INVESTMENT OPPORTUNITY! This property offers the perfect combination of location and investment potential. This highly sought after property consist of three units. The front units has 4 bedrooms and 2 bathrooms on the first floor and 2 bedrooms and 1 bath on the 2nd floor. The 2 story rear unit was built in 2005 and has 4 bedrooms and 2 baths. Ideally located just steps from the BMO Stadium and a short walk to University of Southern California, Los Angeles Memorial Coliseum, and Natural History Museum of Los Angeles County. Property will be delivered with tenants in all units. Tenants are current with rent.
Step into this unique investment opportunity in the coveted Highland Park neighborhood with 5919 & 5921 Great Oak Circle. Nestled on a charming, tree-lined street, this duplex offers significant upside potential for owner occupant buyers and investors. The front unit features two bedrooms, two bathrooms, a spacious living room, a dedicated dining area, and an open-concept kitchen, providing a comfortable and functional living space. The back unit is situated above the garage, this unit boasts two bedrooms and one bathroom, complemented by city and mountain views. Below, you'll find a versatile full-structure currently utilized as a workshop, office, and storage space, complete with a quarter-bathroom. The property includes a generously sized front yard and a backyard with a designated BBQ area, ideal for entertaining. Laundry area is located on the side of the property. Additional features: Recessed style lighting, a long driveway, and gated access. The water meter includes a sub-meter, adding to the property's versatility. This property presents numerous opportunities for enhancement, whether through upgrading existing units or exploring the potential for adding an additional unit or Accessory Dwelling Unit (ADU)--subject to buyer investigation and local regulations. Prime location situated close to major freeways, DTLA, Eagle Rock, and Pasadena, this property offers easy access to a vibrant array of shops, dining options on the trendy York Avenue, and much more. Don't miss this chance to secure a property with exceptional growth potential in one of Highland Park's most desirable areas.
PRICE REDUCTION!!!!!CENTRALY LOCATED. NICE DUPLEX, BACK UNIT 3 BED 1.5 BATH. OWNER OCCUPIED. FRONT UNIT 2 BED. 1 BATH. CLOSE TO FREEWAYS AND TRANSPORTATIONS. Both units have new floors and updated bathrooms. SELLERS VERY MOTIVATED. MUST SEE, BRING YOUR OFFER.
2512 and 2514 Berkeley Ave are the first of their kind in this coveted pocket of Silver Lake. These 2 New Construction Modern contemporary gems highlight the key essentials of turn-key modern architecture with no expense spared. Located on the Eastside neighborhood of Silver Lake, a neighborhood known for its walk ability, amazing restaurants, coffee shops & residential architecture. From the ground up, everything is brand new and no corners were cut, or expense spared, not your typical new construction. Wired for smart home capabilities along with surround sound through out and has 3 separate utilities, gas, electric & water. These two brand new single family residences are identical hosting four bedrooms and four bathrooms, approximately 3,150 sq ft. of living space, and oversized windows throughout with breathtaking views of Downtown Los Angeles. Each level seamlessly connects via steel beam stairway that offers flow between living spaces. Focus has been given to the plethora of natural light that floods both the main and upper levels, enhancing their stunning features. The main floor offers an open floor plan that includes a chef's kitchen complete with custom European cabinetry, Thermador stainless steel appliances, marble counter tops, a large island, a beautiful living room, and a dining area. Off of the main floor is an inviting balcony that plays host to a fantastic chance at entertaining guests. On the upper level is where you will find the primary suite looking out to the city skyline with a gorgeous custom bathroom that includes a soak-in tub and walk-in shower. All bathrooms have European cabinetry with three total bedrooms to complement while one bedroom is accessible on the entry level. 1 of 1 in an area that is mostly coveted for its architectural design. The lower level encompasses a large space, perfect for a theater and game room. This level offers large sliders that open up to give you a seamless indoor-outdoor living space. This fantastic property is just a short walk to Silver Lake Reservoir, Echo Park Lake, LaMill Coffee, Buena Planta, Silver Lake Ramen, Barcari and so much more with Erewon & Whole Foods just a couple minutes' drive away. At $674 dollars a sq ft it there is no better value, welcome home.
THIS IS A 3 UNITS PROPERTY, 2 BEDROOMS AND I BATHROOM EACH, A DUPLEX AT THE FRONT AND A SEPARATE UNIT IN THE BACK... LOCATED IN A CONVENIENT LOS ANGELES COUNTY NEIGHBORHOOD..
We are proud to present 4801 S Normandie Ave. The subject property is a mixed use building constructed in 1915. The property contains one 3 bedroom/2 bathroom unit, two 2 bedroom/2bathroom units, and one three bedroom/one bathroom unit, and the first floor tenant is a Church. The property is situated near USC with good walkability and access to public transportation. Built in 1915, the property is zoned LAC2. The property is a 5,640 Square Foot building on a 5,621 Square Foot lot. The building also has 10 parking spaces in a gated lot. At a list price of $1,650,000, the property is a 9.5 proforma GRM and a 8.1% proforma CAP rate. 4801 S Normandie Ave is less than two miles away from Exposition Park, which is ideal with the 2028 Olympics approaching. Additionally, the building contains one vacancy (2+2). The property is listed at $330,000 per unit, $293 per building Square Foot, and $294 per land Square Foot. The owner has preliminary plans to construct ADUs. Unit Type 4 is a commercial retail space. DO NOT DISTURB OCCUPANTS! DRIVE BY ONLY! THOSE WHO DO NOT COMPLY WILL BE DISQUALIFIED!
New Star Realty is pleased to present the exclisive listing of 5 unit apartment building located in glasell park.,The subject propertyis closed to theshop,restaurants,freeway and downtown los angeles. This is excellent opportunity for owner-users and investors. The subject propertyconsists of two seprate buildings-the first building comes with 4 units that include 2 bed rooms and 1 bathroom. the second building is located behind the first building and on the public record consists of 3 bedrooms and 1 bathroom-It is newly renovated and is currently VACANT.
Welcome to your opportunity in Jefferson Park/West Adams, where community, convenience, and potential come together!. Redevelopment Potential: With ample space and a prime location, this property is perfect for redevelopment. Add more units to maximize your investment and take advantage of the growing demand in Jefferson Park/West Adams. THIS IS a Developer's Opportunity: Seize the chance to transform this property into a multi-unit masterpiece. The possibilities are endless in this rapidly evolving neighborhood. Prime Location: Situated in a thriving neighborhood, you're just minutes away from local shops, restaurants, and parks. Easy access to public transportation and major highways makes commuting a breeze.
The subject property is a three story apartment building built in 1963 and consists of (1) Studio, (11) one bedrooms, and (8) two bedroom units in a 15,461 square foot building. currently 100% occupied, the property sits on a large 11,994 square foot lot zoned RD2. There are a total of 20 parking spaces including 14 individual parking spaces and 6 tandem spaces. The property is separately metered for both gas and electricity. A communal laundry is located on the ground floor. The property has undergone exterior and common area renovations which include an updated lobby, new paint, Amazon locker, updated security door, and updated interior and exterior lights. 4 of 20 units have been renovated. The street is very quiet surrounded by homes with very little traffic.
Welcome to your opportunity in Jefferson Park/West Adams, where community, convenience, and potential come together!. Redevelopment Potential: With ample space and a prime location, this property is perfect for redevelopment. Add more units to maximize your investment and take advantage of the growing demand in Jefferson Park/West Adams. THIS IS a Developer's Opportunity: Seize the chance to transform this property into a multi-unit masterpiece. The possibilities are endless in this rapidly evolving neighborhood. Prime Location: Situated in a thriving neighborhood, you're just minutes away from local shops, restaurants, and parks. Easy access to public transportation and major highways makes commuting a breeze.
We are pleased to present the opportunity to acquire 3017 W. 36th Street, a four (4) unit multifamily investment, located in the prime Jefferson Park neighborhood. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,141 SF on a 10,324 SF lot. The unit mix consists of three (3) spacious 2-bedroom + 1-bathroom units, & one (1) 1-bedroom + 1-bathroom units. The current income is about $5,681/month, and there's approximately 50% upside in potential rents, excellent for an investor to take advantage of this value-add opportunity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation.
We are pleased to offer for sale this five (5) unit multifamily investment opportunity located at 505 S. Chicago Street, in Boyle Heights. This two-story building, consisting of two separate structures, was constructed of wood frame and stucco on a raised foundation built in 1905 with a square footage of 4,902 on a 7,500-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 2+1.5 units, and two (2) 2+1 units. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, five (5) on-site parking spaces, and individually metered for gas and electricity. Current gross income is $7,130/month, priced current at a 6+% cap rate and 12x GRM. There's approximately 45% upside in potential rents. Given the location, attractive local area amenities, and potential to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property in the attractive Boyle Heights submarket that will provide exponential returns.
We are pleased to offer the opportunity to acquire this LAR3 development opportunity located at 2524 S. Sycamore Avenue, in the City of Los Angeles. The neighboring parcel (2530 S. Sycamore Ave) is also available for sale, with a combined lot size of 10,335 SF. This single-story building was constructed of wood frame and stucco on a raised foundation built in 1923 with a square footage of 988 on a 5,331-square foot lot. The site falls within an Opportunity Zone, excellent for tax benefits. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it. The property is currently occupied with a month-to-month tenant paying $2,887/month.
We are pleased to present the opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 2,597 SF. The expansive 7,430 SF lot allows an investor to add significant value to the property by demolishing the two detached back units, and constructing two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms (8-bedrooms + 8 bathrooms). The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $6,500/month. The two detached units towards the back of the lot consists of a 1-bedroom + 1-bathroom unit ($975/month) & a 2-bedroom + 1-bathroom unit ($1,250/month). Priced at a current 6.5% Cap Rate excellent cash flow investment with potential upside in rents.
We are pleased to offer the opportunity to acquire this seven (7) unit, 16-bedroom, turn-key student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The site is situated in the pristine rare North of campus pocket; the best of the best location. The property and all seven (7) units were completely updated & remodeled in 2022 - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. The investment features a new roof, updated copper plumbing, double pane windows, and individually metered for gas & electricity. The building is approximately 4,520 rentable square feet on a 6,241 square foot lot, consisting of (4) 3-bedroom + 2-bathroom units, (2) 1-bedroom + 1-bathroom units, and (1) 2-bedroom + 1-bathroom unit. 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 year, with a gross income of $23,235/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $27,000/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 (about $4,500/month), generating an even higher yield/ net income. Completed project will gross approximately $31,500/Month - $378,000/Year.
We are pleased to offer the opportunity to acquire two (2) turn-key student housing Single Family Residences, consisting of 11-bedrooms, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property and all eleven (11) bedrooms were completely updated & remodeled in 2022 - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. The investment features a new roof, updated copper plumbing, double pane windows, and individually metered for gas & electricity. The building is approximately 4,016 rentable square feet on a 7,425 square foot lot, consisting of two houses: (1) 6-bedroom + 3-bathroom house, & (1) 5-bedroom + 4-bathroom house. 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 year, with a gross income of $13,450/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $15,000/month. The expansive lot size allows an investor to add even more value to the property by constructing a 4-bedroom + 4-bathroom ADU to further increase cash-flow (about $6,000/month), generating an even higher yield/ net income. Completed project will gross approximately $21,00/Month - $252,000/Year. Landlord expenses are significantly minimal as the tenants pay for all water, trash, gas & electricity. Currently priced at a 6.5% cap rate excellent cashflow investment opportunity.
This HPOZ stacked duplex is a part of the rich history established by Los Angeles' 1st Registered Female Architect, Edith Northman. Its arched doorways, windows, coved ceilings, alcoves, and built-ins exemplify the charm of Miracle Mile in 1928. Upon foyer entry you're met with marvelous stained glass windows and a spiral mosaic tile staircase that leads to the upper unit. Both units feature 3 bedrooms and 2 baths with Art Deco throughout, including ornate plaster work, plantation shutters, and pristine wedding cake design. The downstairs unit brings the party with its large scale sunken living room that's primed for entertaining and gathering. Its floor to ceiling window gives a panoramic view of the hills, and a great decorative detail fireplace offers a place to showcase treasures and conversation starters. The upstairs unit features a balcony that's ready whenever you need a view of the neighborhood and some fresh air. The property features an extended driveway that leads to a patio to keep the party going, and garage spaces for 4 cars and more. Seize the opportunity to capture this Gem!
This HPOZ stacked duplex is a part of the rich history established by Los Angeles' 1st Registered Female Architect, Edith Northman. Its arched doorways, windows, coved ceilings, alcoves, and built-ins exemplify the charm of Miracle Mile in 1928. Upon foyer entry you're met with marvelous stained glass windows and a spiral mosaic tile staircase that leads to the upper unit. Both units feature 3 bedrooms and 2 baths with Art Deco throughout, including ornate plaster work, plantation shutters, and pristine wedding cake design. The downstairs unit brings the party with its large scale sunken living room that's primed for entertaining and gathering. Its floor to ceiling window gives a panoramic view of the hills, and a great decorative detail fireplace offers a place to showcase treasures and conversation starters. The upstairs unit features a balcony that's ready whenever you need a view of the neighborhood and some fresh air. The property features an extended driveway that leads to a patio to keep the party going, and garage spaces for 4 cars and more. Seize the opportunity to capture this Gem!
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.