Great Opportunity to have 2 units property. close to shopping Center. and Sport Center. Income Property revenue. Plus, the garage which can convert into ADU. Come and see! R3 Zone Multi Unit Development.
We are pleased to present an opportunity to invest in USC student housing. It is located within a mile of the main campus and within a couple of blocks of the Metro Expo Line. The asset consists of two buildings. There is a completely renovated, 5-bedroom 5-bathroom single family residence at the front of the lot with each bedroom being rented out individually. Right behind it is a 3 story Duplex and ADU. The Duplex was built in 2020 and is comprised of (2) 3-bedroom 3-bathroom units. The ADU, which was completed in 2023, is also 3 bedrooms and 3 bathrooms. The entire complex is leased to USC students. There is high demand for newer, updated student housing, which makes this investment even more attractive. The location is situated in the USC DPS security zone, which provides tenants and owners with peace of mind. The site is also within walking distance to the Metro Expo Line station offering easy access to everything LA, from the beach to DTLA. It is also a stone's throw from the LA Coliseum, home of the USC Trojan Football team, the LAFC Soccer Stadium, Exposition Park, the Natural History Museum of LA County and the George Lucas Museum of Narrative Art.
6.3% Cap Rate. (7.4% Cap Rate after ADU construction). Currently 10.53 GRM. 35% upside in rents. Additional future income potential of $24,000/year after construction of one bedroom ADU. Property has approved permit for ADU garage conversion (potential additional income of $2,000/month). Tenants pay trash. Parking on site with access from alley. Single family neighborhood. Corner location at 48th St and S. St. Andrews. Three tenants are Sec. 8. The three bedroom unit is vacant. This unit is estimated to be $3,495 per month after renovation.
Courtesy: Core Real Estate Group
Great Investment Opportunity. We are pleased to present this Classic California Craftsman Mansion style property located at 242-244 W. 43rd Street. A Multi - Family residential property comprising of three on a lot. (1) 3-/bdr, 2 bath, SFR, (1) Bedroom, 1 bath SFR, and (1) Bedroom Apartment, (1) bath. The front building is a 2-story structure housing with 3 bedrooms upstairs , living room, dining room, kitchen , 1/2 bath, laundry room downstairs. (1) SFR bedroom house in the back and (1) bedroom apartment with separate entrance on side of front house both will be delivered vacant. Tenant occupying 3 bdr house is a long -term tenant with current Section 8 contracts. Ample street parking and in driveway. Centrally located , nearby USC, DTLA, BMO stadium and other attractions.
Shovel Ready RTI Status in hand! Fully approved plans! Building Permits Ready To Issue. This project current has Approved MEP (mechanical, electrical and plumbing), Approved Solar plan, Edison electrical service design- in progress, Approved water utility connection design including Sewer line service connection -in progress, fire sprinkler design- seller paid deposit- design in progress, approved and completed grading and compaction process. Consisting of 10 Residential Rental Units. This Project was approved without any low-income requirements, meaning that fair market rent can be charged! The land has gone through the required soil re-compaction and grading process and now is ready to start the building foundation. This project is FULLY RTI! The design consists of 10 Apartments: (6) 3+3, (2) 2+1, (2) 1+1. Each unit is planned with its own laundry inside the unit! The unit mix, spacious floor plan and inside-unit laundry is specifically planned to maximize tenant retention and minimize turnover. 11,964 sq. ft. including balconies: 3+3-unit feature 1,374 sq.ft., 2+2 units feature 1,044 sq. ft., 1+1 units feature 540 sq.ft. The seller has initiated and paid for most of the needed services to complete this project in record time. Call for details
Great Opportunity Owner use or investment, recently renovated industrial/commercial/ retail space with open floor plan, new bathroom, beautiful brick walls, modern concrete flooring, one bedroom, one storage room, kitchen, central A/C, large parking area, 5,441 sq. ft. lot with estimated 2,021 Sq. ft.building. Perfect for a live-in work space or great opportunity for Real Estate Investors, Developers, or anyone looking for a good market value investment. This property is zoned (LA C2 - R4) which allows to build almost any project (i.e. Residential 1 unit per every 400 sq. ft. to a height limit of 45 feet check with City)Location is fantastic! Just minutes from Downtown LA, LAX, USC, Shops, etc. A must see property with lots of potential. Owner-User.
Purchase 3 residential units for the price of a small 1 bedroom condo in West LA. EXCELLENT long term income with great upside opportunity for investor located near Downtown LA and USC. GREAT FOR 1031 EXCHANGE. $4790 per month current gross rental income. Property to be delivered with tenants. An Owner user would need to handle the process of vacating a unit after the close of escrow. Property consists of three addresses: 1722, 1722 1/2, & 1724 W. 59th Place. 1 - two bedrooms/one bath, 1 one bedroom/one bath, and detached studio unit with one bath. The 2 Bedroom unit has a private yard in front for their use. The 1 bedroom and Studio unit in the back share private sundeck outdoor patio area. The two back units have entrance thru alley access. Owner pays for all utilities. Buyer and Buyer agent to verify square footage, bedroom count, permits, & income and expense information to satisfy themselves. The property has close proximity to public transportation and nearby 110, 10, 5 and 60 freeways. Buyer to cooperate with Seller's 1031 Exchange. Property is being Sold "As Is". Units can be shown upon accepted offer.
Great investment opportunity to buy and hold as an owner-occupied units. Situated in a prime location at Mid-City area. Each of the two units features 2 Bedrooms, 1 Bathroom, plus a detached two-car garage that offers the potential for an accessory Dwelling unit (ADU). Easy access to major freeways. Both units will be deliver vacant at COE.
Great Investment Opportunity. We are pleased to present this Classic California Craftsman Mansion style property located at 242-244 W. 43rd Street. A Multi - Family residential property comprising of three on a lot. (1) 3-/bdr, 2 bath, SFR, (1) Bedroom, 1 bath SFR, and (1) Bedroom Apartment, (1) bath. The front building is a 2-story structure housing with 3 bedrooms upstairs , living room, dining room, kitchen , 1/2 bath, laundry room downstairs. (1) SFR bedroom house in the back and (1) bedroom apartment with separate entrance on side of front house both will be delivered vacant. Tenant occupying 3 bdr house is a long -term tenant with current Section 8 contracts. Ample street parking and in driveway. Centrally located , nearby USC, DTLA, BMO stadium and other attractions.
Courtesy: Forward Real Estate
A Single Story, Privately Gated Duplex! Consists of 1 bedroom and 1 bath each unit with long term great tenants! 2 spacious parking spaces are available on backyard by the storage/ADU. Spacious front yard is filled with beautiful plants and gardens maintained by tenants. Backyard studio ADU has income potential. Separated electricity and gas meter on both units. Centralized water is paid by the landlord. Subject unit is located approximately 1.5 miles from USC and Exposition Park and close proximity from LA Convention Center, Staples Center, Museums to Parks, Fashion District, Downtown LA, etc with nearby public transit on Avalon Blvd. Assigned schools are Wadsworth Ave Elementary School, William Jefferson Clinton Jr High and Santee Education Complex High School. An excellent income opportunity in excellent location!
Courtesy: A Job Well Done
Courtesy: Compass
Courtesy: Compass
ASSUMABLE 2.25% INTEREST RATE FHA Loan – 4 UNITS TOTAL - $7,940 GROSS MONTHLY INCOME Amazing investment opportunity with this meticulously maintained QUADRUPLEX in the heart of Los Angeles. UNIT 1: 3 Bedrooms and 2 Bathrooms, Unit 2: 3 Bedrooms 1 Bathroom, Unit 3: 2 Bedrooms 2 Bathrooms, Unit 4: 2 Bedrooms 1 Bathroom. Two front units built in 2011 and two back units built in 1948. Recent improvements include newer copper plumbing with replaced valves and faucets, and a complete electrical upgrade to 220 volts completed in 2011. The roofs of both the front and back buildings were replaced in 2023, and brand-new rain gutters were installed. Additionally, new windows were fitted in the back units last year. This quadruplex combines modern upgrades with enduring value in a sought-after location. With the opportunity to assume a low 2.25% FHA loan, this property is a compelling choice for savvy investors looking to own a prime income-generating asset in Los Angeles.
OFFER IS SUBJECT TO INTERIOR INSPECTION. DO NOT DISTURB OCCUPANTS.
Welcome to 321 W Avenue 37 in Los Angeles! This charming triplex features three spacious units, each with 2 bedrooms and 1 bathroom. Enjoy the convenience of easy freeway access to the 110, putting you just a short drive away from Elysian Park, Dodger Stadium, and Downtown LA. Don’t miss this fantastic opportunity!
Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to offer for sale 816 South Westlake Avenue, an 18-unit apartment community. 816 South Westlake is located south of 8th Street and east of Hoover Street, in the Westlake submarket of Los Angeles. Situated on a 7,502 square foot parcel, the property is comprised of six one-bedroom units and 12 two-bedroom units. Due to its 1990 construction, 816 South Westlake Avenue is not subject to Los Angeles City Rent Control and is subject to AB 1482 State Rent Control allowing for higher annual rental increases. The property has subterranean parking with security gated access and an elevator on-site. 816 South Westlake Avenue in close proximity to multiple venues for the 2028 Summer Olympics in Los Angeles. The property is located a short distance from venues in the "Downtown Sports Park" Including the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium & more, which bode well for the long-term prospects of this neighborhood. 816 South Westlake Avenue presents investor a unique opportunity to attain a 1990's constructed asset in a dense infill Westlake location with in-place yield.
Courtesy: The Agency
Courtesy: DANIEL FLORES, BROKER
Huge Price Improvement! PROPERTY TO BE DELIVERED VACANT! Los Angeles Duplex with Bonus Unit & Income Potential. This Los Angeles duplex is a rare find, offering not just a place to live but a real opportunity. With two spacious units, this property is ready to be your next home or investment. There's an additional 1-bedroom, 1-bathroom unit that adds even more value, perfect for extra income or as a cozy guest space. This property has so much potential. Living in one unit while renting out the others, or simply enjoying the flexibility that comes with owning a multi-unit home. Located in a vibrant LA neighborhood, this is more than just a house-it’s a smart investment waiting for the right owner to make it shine. Whether you’re looking for a home with room to grow or an investment with strong potential, this duplex offers endless possibilities. Don’t miss out on this unique opportunity in one of LA’s most desirable areas!
Courtesy: Executive Bankers Realty
Courtesy: Circa Properties, Inc.
Courtesy: Century 21 A Better Service
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.
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