Investor or builder Incredible opportunity to own a 4 plex in an amazing Silver Lake location, close to well-known award-winning restaurants and fantastic shops.There are possibilities to build extra units or demo the entire existing building and build a new building.5-minute walk toErewhon, under 10 Minute walk to Sweet Greens, Pine and Crane, Bacari Silver Lake, Bowery Bungalow, and Millie's Cafe.
Courtesy: Keller Williams Beverly Hills
Courtesy: Keller Williams Beverly Hills
This pride of ownership Duplex Each Unit features 2 bedrooms 1 bathroom. Formal dining room, laminated wood and tile floors, granite countertops, inside laundry room in each unit, private patio, detached 2 car garage with it's own entrance through the alley that can be converted to an ADU for additional income. Both tenants are very friendly, keep the property very clean and are up to date with rents, there is room for the new owner to increase the rents, walking distance to McKinley Avenue Elementary School and transportation. You must see it to fall in love with it and see potential!!
PARTNERSHIP WANTS IT SOLD!!! (Listed Price Close to What Partnership Paid When They Purchased the Building) We are pleased to present the opportunity to acquire Arlington Apartments in the submarket of Arlington Heights (LA Market) and in close proximity to Mid-City and Koreatown. This offering includes an 18-unit multifamily building built in 1964 with a foot print of approximately 14,042 SF, sitting on a 12,899 SF lot zoned LAR3. Arlington Apartments offers an investor a significant value add opportunity with approximately 75% (+/-) potential upside in rents spread across a desirable unit mix of over 50% 2 bedroom units. Soft story retrofit has been completed and the seller owns the laundry machines. This well-located multifamily property offers an investor a rare opportunity to secure a larger sized asset in a high demand and growth submarket with real reposition opportunity and impressive frontage. Arlington Heights is diverse and populated neighborhood in Central Los Angeles with Koreatown to the north, Mid-City and Mid-Wilshire to the west, Jefferson Park to the south and Harvard Heights to the east. Located centrally in Los Angeles, Arlington Heights is a transit friendly melting pot of cultural influences. Situated just north of the 10 FWY, this neighborhood provides easy access to Culver City to the west and downtown LA to the east. Along La Brea Avenue, Wilshire Blvd, and Western Ave you will find restaurants and popular bars. The stretch of Washington Blvd, anchored by the Underground Museum between 3rd and 6th avenues, is becoming a desirable location for art galleries and boutiques. Nestled right at the convergence of main thoroughfares and freeways, Arlington Heights allows for easy access to the wider region of LA and key employment centers.
Welcome to this charming and well-maintained 5-unit income property opportunity. 4 garage spaces are fully vacant and have potential for added income by renting or converting to additional units! Location is everything and this centrally located property is just 3 miles from So-Fi stadium, near entertainment, restaurants, 110 and 405 freeways, and our beautiful so-cal beaches! Fully rented, there is upside potential on future turnover. As you enter the gated property you will be greeted by a front yard and charming arches. The main house was built in 1923 and features 3 bedrooms and 3 bathrooms with a style that exudes charm and curb appeal. The cool shaded carport carries you back towards a patio area with built-in BBQ and planter boxes. On your left, you'll see two one-bedroom, one-bath, stand-alone bungalows. Past the yard with more grass and tropical foliage, you'll see the two upstairs units above the 4 vacant garages that are accessible at the rear of the expansive property. The long-term owner previously lived in the front unit and took great care to maintain the grounds.
This income property in a dynamic Mid-Wilshire location at the center of a thriving community is a wonderful investment opportunity. Built in 1918 this duplex has 1,826+/- sq.ft. on 5,698 sq.ft. lot with LAR3 zoning. The duplex consists of (1) 3bd/2bth unit and (1) 1bd/1bth unit - tenants pay their own utilities. The property offers the charm of 1918 California Bungalow with the front house featuring a arched entry, front porch, and fireplace. The spacious outdoor space also has a long driveway for ample parking, and low-maintenance grounds. This prime location is close to all that Mid-Wilshire and Koreatown have to offer. In close proximity to the Wilshire/Vermont Metro Station, the Metro B Line (Red), and DASH - and just moments from the 101 and 110 freeways providing easy access to get around the city. The business rich Mid-Wilshire area is highly desirable for rentals with consistent demand for housing, surrounded by the diverse and robust Los Angeles economy - all help to maintain and grow the vibrant population. This premier duplex brings established residential tenants in a booming market for long term growth or may offer the opportunity for adding an Accessory Dwelling Unit or the development of a new project.
GREAT INCOME PROPERTY IN THE CITY OF LOS ANGELES, CA. 4 UNIT PROPERTY: 1ST UNIT: 2 BED, 2 BATH. 2ND UNIT: 2 BED, 1.5 BATH. 3RD UNIT: 2 BED, 1 BATH. 4TH UNIT: 1 BED, 2 BATH. 3 CARPORTS WITH A 1 CAR GARAGE/STORAGE, LARGE DRIVEWAY & STREET PARKING, SPACIOUS PROPERTY WITH LOTS OF POTENCIAL. GREAT OPPORTUNITY FOR INVESTORS OR FIRST-TIME BUYERS, LIVE IN ONE UNIT AND RENT THE REST. CLOSE TO SHOPPING, PARKS, & SCHOOLS. DONT MISS OUT ON THIS GREAT OPPORTUNITY.
Nestled within the vibrant cityscape of Los Angeles, this exceptional property presents an unparalleled opportunity to own not one, but two remarkable homes on a single expansive lot. The front house, a spacious 4-bedroom, 2-bathroom abode, welcomes you with traditional charm and modern convenience. With an attached two-car garage, parking is a breeze, while the inclusion of laundry hookups in the garage ensures effortless living. Adjacent to the front house, the second unit stands as a testament to contemporary design and functionality. Spanning two stories, this residence offers three bedrooms, two bathrooms, and an attached two-car garage, providing ample space for both vehicles and storage. Like its counterpart, this unit also features convenient laundry hookups in the garage, adding to the overall ease of living. Perfectly positioned in a central location, this property grants easy access to an array of amenities, including shops, restaurants, and entertainment options. With major freeways just moments away, commuting throughout the city is a seamless experience, further enhancing the appeal of this prime location. Whether you're an investor seeking lucrative opportunities or a family in search of dual living spaces, this property offers endless potential. From rental income possibilities to multi-generational living arrangements, the flexibility afforded by two distinct homes on one lot is unmatched.
Nestled in Echo Park, centrally located to the Glendale 2 Fwy, Golden State 5 Fwy, 110 Fwy, and the 101 Fwy. The property is just minutes away from Dodger Stadium, Chinatown, and Downtown Los Angeles. The property consists of three 2 bedrooms, 1 bathroom and one 1 bedroom, 1 bathroom. As you make your way up the hill side, you'll notice two structures. The first structure contains three units on multi-levels. First level holds a cozy 2 bedroom, 2 bathroom with a deck. The second level is another 2 bedroom with wide open living room and views of Echo Park. A bright 1 bedroom, 1 bathroom unit sits on the third level. Sitting at the top of the hill you'll find the 2 bedroom free standing bungalow with deck overlooking the city.
Presenting a rare opportunity to acquire this attractive 1992 custom-built and meticulously crafted,5 unit,city view apartment complex. Located adjacent to the iconic Chinatown, Echo Park & Silverlake areas of Los Angeles,& positioned strategically& conveniently near the #2,5,134,110,&101 freeways,& rapid transit including the Gold Line & bus routes. It is situated in a trendy & up-and-coming strong rental market amidst DTLA, Silverlake,Dodger Stadium,Echo Park & the Financial District neighborhoods with major employers including USC,Good Samaritan Hospital,Paramount Studios,& the Los Angeles Fashion and Arts Districts,& much more.This property offers an excellent opportunity for discerning homeowners or investors to secure a true value-added asset in a highly coveted locale.Comprising 3 stories with a total building size of 7,658 sq.ft. per assessor,all units are spacious & the apartment complex boasts a desirable unit mix including an OWNER unit of approx.2,641 sq.ft.(will be available upon close of escrow with new paint & carpet throughout) featuring a 3br,3.5bth townhome-style front unit with an office /den(could be used as a 4th bedroom),large recreation room, C/A, spacious laundry area, ample storage rooms,a 2-car attached garage. The outside laundry & storage rooms with best possibilities for ADU are utility ready with dry walls & windows.Buyer to Investigate feasibility, seller makes no guarantees and no warranties. The remaining 4 units are an ideal mix of two larger (over 1,100 sq. ft. ea) 3br,2bth U and two good-sized 2-br,1-bth U. Each unit boasts an excellent layout, individual water heaters, & separate metering for gas and electricity utilities, ensuring convenience & efficiency. Four units are occupied by tenants on month to month leases. Rent comparable reports indicate a positive upside & added investment potential. Property is not under city’s Rent Stabilization Ordinance (RSO), but subject to State Rent Control AB1482 & Just Cause Ordinance (JCO). Buyer to investigate, seller makes no guarantees & no warranties. Total 10 parking spaces,3 covered spaces, 5 open parking spaces & a 2 car garage. Great Owner user building. Residents benefit from an array of culinary delights, cultural experiences, & artistic exhibitions for investors,owner or professionals, further enriching the allure of this investment opportunity. Now is the time to seize this exceptional offering in one of Los Angeles’ most dynamic and sought-after neighborhoods.
First time on market in a several decades...Bread-and-butter deal for a 1st-time Investor or a local owner wanting to add to his portfolio. Seven 2 Bed/1 Bath units and four 1 Bed/1 Bath units. Carports in the front and rear. A value-add opportunity from day one - one unit will be delivered vacant, and the manager's unit (currently free rent) has no lease or written management agreement, in place, affording a new Buyer some immediate flexibility and upside. 2 units could, potentially, be at market soon after COE. Scheduled rents of $16K/month. Proforma rents of $22K+/month.6.4% cap scheduled. 9.4% cap proforma. Between Manchester and Florence, Hoover and the 110.
The MOST adorable restaurant setting/event space on a parcel shared by a duplex. You get all of it! If you know Hollywood, you know Grub and Hollywood's Hidden House. The restaurant/event space is 1,500 square feet plus al fresco dining which almost doubles the usable seating space to a total of sixty-four. This building was formerly used as a duplex, too. The space includes an area for a commercial kitchen, prep, wash station, two bathrooms, inside and outside (covered) storage, wait station, and office. Entitlements in hand include: ABC 41 License for the sale of beer and wine, ABC 58 license for alcohol sales through catering, Public Health Permit, CUP (Conditional Use Permit) from the City of Los Angeles for operating a restaurant in a residential zone, CUP for beer and wine sales, and a Police Commission Permit. The duplex is a separate building comprised of one unit up ($3,500/month actual rent), one unit down ($2,595/month actual rent), two bedrooms/one bath each. Just down the street from Rao's Hollywood, Starbucks, Osteria and Pizzeria Mozza in the middle of the Hollywood Media District! Perfect setup for success. Whether you want to be the next Jackson Market and Deli, Marie et Cie, or have your own new and vibrant idea -- this is your opportunity! ***Do not enter property or contact owners or tenants. Entry is restricted and subject to strict scheduling. Residential units may be inspected upon accepted offer.***
We are pleased to present 819 Beacon Ave, a charming 15-unit multifamily property located in the vibrant Westlake neighborhood of Los Angeles. Constructed in 1906, this property comprises a balanced mix of 7 single and 8 one-bedroom units, spread across a building area of 10,340 square feet on a 7,750 square foot lot. Its proximity to the trendy area of Koreatown and the bustling downtown Los Angeles offers investors a unique blend of historical charm and access to a dynamic urban lifestyle, attracting a broad tenant base. At 819 Beacon Ave, through strategic renovations, investors have the opportunity to capture up to 25% market rental upside. The property's utility setup also offers a cost-saving opportunity. Since it is master-metered, introducing Ratio Utility Billing Systems (RUBS) for new leases could lower utility expenses significantly, increasing cash flow. Complementing these financial benefits, 819 Beacon Ave boasts a prime location with a 92 Walk Score and an excellent Transit Score of 88. Dubbed a Walker's Paradise, it offers residents unparalleled convenience with immediate access to a plethora of local amenities, dining, shopping, and entertainment options, enhancing its appeal to a wide tenant base. The strategic location of 819 Beacon Ave not only ensures easy day-to-day living but also places it near key Los Angeles hubs such as Koreatown, Downtown LA, Hollywood, and Mid-Wilshire. This connectivity adds significantly to its tenant appeal and underpins strong rental demand. Coupled with the potential for aesthetic and functional enhancements, this positions 819 Beacon Ave as a prime investment opportunity in a thriving market.
Priced at only $150k/unit! 2833 Huron St is a prime 10 unit investment property located in the Cypress Park neighborhood of Los Angeles. There is still 92% upside available in monthly rental income. The subject property is comprised of (1) 2Bed/1Bath, (4) 1Bed/1Bath and (5) Studio/1Bath units. Three Studio/1Bath units can be delivered vacant, offering immediate upside. There is also a laundry room on site for additional income. 2833 Huron St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 110 and 5 freeways. There are many shops and restaurants nearby, making it a prime location for renters.
Attention Investors and first time home buyers. Excellent opportunity to own a duplex near downtown Los Angeles. Two houses in one lot with 3 bedroom and 2 bathroom each house. Excellent location and easy transportation, 110, 10, 5 and 101 freeways. Zoning gives opportunity to build up to 5 units due to property zoning.
Great cash flow in USC student housing investment. 1373 and 1375 W. 37th Drive. Duplex homes is within the boundaries of the DPS patrol, walking distance to USC. Stores, Market and metro station. Front house is charming craftsman style features 3 Bedrooms and 2 baths, 1123 sq. ft built 1920 with updated Kitchen and bathrooms, laminate flooring. Back house was built 2018 total 2376 sq ft, features 8 bedrooms and 4 baths. Each unit has separate electric and gas meters. 4 parking spaces.
Excellent Opportunity to own Triplex in the heart of Los Angeles, Unit 1 consists of 1 bed 1 bath, 2nd unit is 1 bed 1 bath, third Unit is a 3 bed 2 bath. Property Features 3 detached 1 car garage, and plenty of space for parking. Centrally located near freeways, schools and shopping center.
Courtesy: Excellence RE Real Estate
Great opportunity to live in 1 unit and collect rent from the other 3 units. These units offer an excellent unit mix of (2) Two Bedroom 1 Bathroom units, and (2) 1 Bedroom 1 Bathroom units. There is currently one section 8 tenant in-place offering excellent income collection. One unit will be delivered rent ready. Within 6.4 miles from CSU Dominguez Hills, 6.5 miles from USC and 8.6 miles from LAX. Buyer and Buyer's Agent are advised to do their own due diligence to satisfy all information.
HUGE PRICE IMPROVEMENT FOR A FAST SALE!! ATTENTION AGENTS & developers here is your next profitable project! We are very pleased to present this duplex in the up and coming and more sought after areas near DTLA. The building consists of a 2bed/ 1ba each. The main unit 2 bedroom on the first floor 1 bathroom. The bottom unit 2 bedrooms as well 1 bathroom. Both units have million dollar view from their location. The garage has been converted (unknown -permits) into a 1bed/ 1ba with exterior access only. Perfect for developing units in one of the most desired areas due to its proximity to DTLA. Don't miss this opportunity and schedule an appointment to tour the property and dream of the unlimited possibilities that this immense lot in the city offers you. Call now! It would be perfect for a large, extended family or simply to increase your investment portfolio. The property is located just a few miles from major cities in Los Angeles County such as Pasadena, Alhambra, San Marino, Monterey Park, San Gabriel and a very short distance from Chinatown, Koreatown and close to popular places such as the famous Dodger Stadium, museums , Cal State university. East los Angeles college. Close to lincoln Park and other famous and popular recreation centers. Do not hesitate and stop by to project the endless potential this property has to io offer. Simply, plan how to start working on this hidden precious gem in the city.
Take advantage of this unique investment opportunity in the heart of Los Angeles! These charming two detached units each consists of 2 bedrooms and 1 bathroom are located just minutes from iconic landmarks such as the LA Coliseum, Natural History Museum, California Science Center, BMO Stadium, DTLA, Crypto.com Arena, and SoFi Stadium. This prime location is ideal for both residents and tourists. Expand the second unit and/or add an ADU. The possibilities are endless. Contact us today to schedule your exclusive viewing and start achieving your real estate dreams in the City of Angels before it's gone!
Courtesy: Century 21 Cornerstone
Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets, and schools Koreatown submarket area. Originally built in 1964, the three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition of this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no termite or work repairs to be done by Sellers. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer.
Los Angeles is located in California. Los Angeles, California has a population of 3,949,776. Los Angeles is less family-centric than the surrounding county with 30.49% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.
