The epitome of a perfect investment opportunity in the heart of Koreatown, 913 South Wilton has hit the market after 35 years. Immaculately maintained by its current owners, this six-unit apartment complex offers a strategic blend of convenience, accessibility and value-add potential to ensure long-term growth for valuation-savvy investors. This prime location provides excellent access to Hollywood, Koreatown, Hancock Park, downtown and the vibrant Westside. One current owner-occupied unit, available for immediate occupancy, could be delivered vacant, creating significant value-add potential. Don't miss this opportunity to acquire an outstanding investment opportunity with the perfect mix of location, value-add potential and long-term growth.
Vinco Vinco Realty Group (VVRG) is pleased to present 914 W 41st Street, an exceptional two-story fourplex investment opportunity with significant value-add potential. Ideally located in the heart of Exposition Park, this property features four flexible one-bedroom, one-bathroom units, each with strategic dens that can be utilized as additional bedrooms, allowing for rental as two-bedroom units. The property generates approximately $6,489 per month, yielding a CAP rate of over 5.14%. With a total building area of 2,724 square feet on a 5,463 square foot lot, the property provides ample parking for tenants in a high-demand area. Additionally, buyers can take advantage of state bills to develop Accessory Dwelling Units (ADUs), further enhancing the property's potential. Located amidst the bustling hubs of downtown Los Angeles and the vibrant USC/Exposition Park neighborhood, our property offers unparalleled proximity to major employers and key employment centers such as Los Angeles International Airport and West LA. Just a stone's throw away is the iconic Exposition Park, home to an array of entertainment options including Rose Garden, the Science Center, the African American History Museum, the LA Memorial Coliseum, and the BMO Stadium. Additionally, the highly anticipated $1B George Lucas Museum is set to open next summer. With convenient access to major freeways including I-10, I-110, US-101, and I-5, as well as a variety of public transportation options, residents enjoy seamless connectivity to destinations across Los Angeles and beyond.
We are pleased to present for sale, the epitome of urban living in the Koreatown/Westlake submarket of Los Angeles. The La Fayette Garden Apartments is a 15-unit true-value add building rip for new ownership to renovate and reposition the asset to suit the surrounding area. This wide, tree lined street, is known to be a premier location with the many meticulously renovated buildings owned by some of the largest institutional investors. Owners on La Fayette has historically achieved significantly higher rents than other streets within this submarket because of its charm. La Fayette Gardens features a unit mix of 6 studios and 9 one bedroom/one bath units across +/- 10,340 square feet of improvements on a +/- 10,981 square foot lot. The property is listed at $160,000 per unit which far below what other properties in the area trade for. This gives a buyer cushion to execute their business plan of turning units, renovate and reposition, and the ability to achieve market rents. Other properties on La Fayette that benefit from extensive renovations proves that renters are willing to pay for a superior product on this premier street. The property has a rear parking lot with 12 individual spaces, is individually metered for electricity, master metered for water and sewer, and individually metered for gas (each unit has their own individual water heater). This is a true value-add opportunity with a low cost per unit and square foot, and the ability to add tremendous amount of value. Please contact listing agents for full offering memorandum.
The 36-unit Palms View Apartments located at 1229 N Mansfield Ave in Hollywood. Located just west of Highland Ave between Fountain Ave & Lexington Ave, this property features a unit mix of three one-bedrooms (approximately 684 SF) and 33 two-bedrooms (784-949 SF), and 66 parking spaces.Constructed in 1989, 1229 N Mansfield Ave benefits from not being subject to the Los Angeles Rent Stabilization Ordinance, providing greater allowable rental increases. Significant renovations have been carried out in six units, enhancing them with luxury features such as wide plank vinyl flooring, modern shaker cabinets, quartz countertops, new paint, and smoothed ceilings. Additionally, these units have been upgraded with new stainless-steel appliances and air conditioning units. 23 of the units have been partially renovated, allowing an investor to capture rental upside in those units as they turn over time. Several of the units have views of Hollywood and command a premium in rent.The property has also received extensive exterior upgrades, including exterior paint, and a new intercom and security camera system.There is an on-site community laundry room at the property with three washers and three dryers. Additionally, there is a full gym with several workout machines, treadmills, and free weights.This offering represents an exceptional opportunity to acquire a well-maintained property with no deferred maintenance and strong existing cash flow, demonstrated by a 4.89% CAP rate with an additional 10% rental upside achievable as units turn and the proven renovation plan is continued.With a high Walk Score of 95, the location provides superb access to schools, employment centers, and transit options, facilitating easy commutes to various nearby neighborhoods such as Hancock Park, La Brea, Fairfax, West Hollywood, and Beverly Hills.Located in the heart of Hollywood, an area synonymous with entertainment, culture, and luxury living, Mansfield Terrace Apartments offers investors a unique chance to own a piece of one of Los Angeles' most iconic and vibrant neighborhoods.
This Artistically designed triplex is located in one of the most desirable areas of Los Angeles. The Main house features two bedrooms and a large loft with two bathrooms, a large kitchen and laundry. The attached Jr ADU has one bedroom and one bathroom with a kitchenette and loft area. There is a large detached ADU studio with one bathroom, kitchen and loft area located in the rear. There is plenty of green space with a large garden area in the back. The driveway may accommodate up to 4 cars. This property is walking distance to Shopping (target) and Restaurants.
First time on the market since 1991. Two Homes on one Lot. The main house consists of 2 bedrooms and 1 bathroom. Back house is a 1bedroom, 1bathroom. There is 2 car detached garage belongs to the front unit. The garage can be converted into an ADU. This property is in a prime location, minutes from the light rail, major developments in Culver City. Property is zone LARD 1.5 lot providing developers with a density bonus and additional incentives for new construction multi-family development. Buyer to do their due diligence to satisfy themselves of all aspects of the property. Don't miss out on this incredible opportunity to own a piece of this up-and-coming neighborhood.
MOTIVATED SELLER JUST REDUCED 50k For sale: Charming home with incredible potential, located in a prime neighborhood. Situated in a highly sought-after area with, schools, parks, and convenient shopping and dining. Ideal for those looking to invest or first-time home buyers. Corner home with 1404 Sq-ft. Do not miss the opportunity to acquire this amazing property. Give us a call today to schedule a showing.
Take advantage of a significant price reduction on this unique property. Featuring two duplexes on a single lot. Located near a new freeway and public transportation options, this property ensures excellent accessibility, making it attractive to both tenants and investors. All units are currently occupied by tenants receiving Section 8 housing assistance, guaranteeing a reliable rental income. The property is being sold As-Is, and prospective buyers are encouraged to review available termite and roof inspection reports on disclosures.io. To respect tenant privacy, please do not disturb the occupants. Offers should be made contingent on thorough inspections. This quadruplex presents a fantastic investment opportunity in a prime Los Angeles location, with strong potential for stable returns and long-term growth in the thriving real estate market.
Stunning Architectural Triplex in Prime Mid City Los Angeles! This newer construction gated triplex built in 2018 consists of two structures, a free standing two-story home in the front featuring 4 bedrooms, 3.5 bathrooms, 1,902 SF and attached direct access private garage. The two attached side by side two-story units in the back consist of 4 bedrooms, 3.5 bathrooms, 1,562 SF each and uncovered parking spots. All three units feature spacious open floor plans, abundance of natural light, amazing city views from the second levels, high end finishes through out, high ceilings, skylights, recessed lighting, designer tile and hardwood floors, gourmet kitchens with center islands, custom made kitchen cabinets, Quartz counter tops, stainless steel appliances, laundry inside, central A/C and heating, tons of storage space and private yard spaces. The property is centrally located near Hancock Park, Beverly Center, Miracle Mile and Downtown LA. Near shops, restaurants and entertainment, easy freeway access. All units are currently tenant occupied. Please do not disturb the tenants.
Stunning New Construction 8-Unit Multifamily Building in Silver Lake. This brand-new, meticulously designed 8-unit multifamily building offers unparalleled luxury and modern convenience in one of LA's most sought-after neighborhoods. The property includes 2 One Bedroom, 4 Two Bedroom and 2 Three Bedroom units. Each unit is individually metered for electric, individual water sub-meters and each unit has solar panels, making this a highly efficient and low expense asset. The low density nature of this project is extremely desirable for tenants and will command premium rents. All units have fire sprinklers throughout, helping to lower insurance premiums. The 4 two bedroom units are detached modern bungalows. The 2 three bedroom units have one bedroom downstairs and two upstairs, making it perfect for those needing a homes office. All units have private outdoor spaces. Prime Location: Nestled in the vibrant and trendy Silver Lake area, this property is within short distance to popular dining, shopping, and entertainment spots. Contemporary Design: Each unit features high ceilings, high-end finishes, open floor plans, and large windows that flood the space with natural light. The aesthetic is modern yet inviting, with attention to every detail. Sustainability: The entire building is solar-paneled, significantly reducing energy costs and environmental impact. Turnkey Investment: This property is designed for effortless operation. This property represents the pinnacle of multifamily living, combining sophistication, sustainability, and an unbeatable location.
*TRIPLEX *********** TRIPLEX******** TRIPLEX ********************CHECK THE VIDEO AT: https://youtu.be/nO3Zm2_8_BY **Your Golden Opportunity to Own Prime Multifamily Real Estate in South LA!** Seize the chance to invest in one of the most desirable subdivisions in South Los Angeles. This exceptional property, fully renovated in 2018, features two stunning buildings: a front unit with 2 bedrooms and 1 bath, and a rear building comprising two units, each with 1 bedroom and 1 bath. Located in the vibrant heart of Los Angeles, this property offers unparalleled convenience. Just blocks from the 110 Freeway and minutes from the 105 Freeway, you'll enjoy easy access to all that LA has to offer. Walk to a variety of local businesses and find yourself just minutes away from the city's most iconic sports and entertainment venues. Experience tremendous upside income potential with this low-maintenance investment, thanks to its nearly brand-new condition. Don’t miss out on this incredible opportunity to own a piece of South LA’s thriving real estate market!
Great opportunity to own four units All currently rented and well kept Laundry in each unit Apl two bedrooms and 1 bath units Plenty of parking Close to LAX and Downtown LA
Amazing investment fixer opportunity in the highly sought-after Hancock Park-Wilshire neighborhood of Los Angeles. This charming duplex offers immense potential for investors or end users. Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces perfect for families or rental tenants. Each unit also has its own detached garage, adding convenience and additional storage options.
3 unit property close to downtown Los Angeles. 2 units are located in the front duplex and the third unit is separate in the back. Remodeled kitchen in unit 633. There is a shared courtyard on the property.
MAJOR PRICE REDUCTION - EXCELLENT VALUE-ADD INVESTMENT IN OPPORTUNITY ZONE! This terrific well-maintained Craftsman-style triplex with great curb appeal is located near USC/Exposition Park. It consists of two separate structures - front duplex with two large side-by-side two-story units, each with two bedrooms and one and a half bathrooms and about 1,090sf. And one detached one-bedroom and one-bathroom unit in the back above three single-car garages. The units are separately metered for gas and electricity. Each unit has its own water heater. All units have washer/dryer inside. There are three one-car garages and additional parking for about 6 cars. Recent capital improvements include copper plumbing. The property provides a huge 35% upside potential in rents and low maintenance. Fantastic location near USC, LA Memorial Coliseum, Natural History Museum, Exposition Park, SoFi Stadium, Downtown LA Live Hub, public transportation, new metro lines, schools, libraries, hospitals, shopping centers entertainment & more! Easy access to 10 and 110 freeways. All units are tenant-occupied and will be delivered tenant-occupied. All tenants are Section 8. DRIVE BY ONLY. Offers subject to interior inspection. Please DO NOT disturb tenants.
Huge Price Improvement will NOT LAST Hurry! Spacious Duplex in the heart of Korea Town! The units have been freshly remodeled and in move in condition. Each unit is a 3 bedroom 2 bath (1,900 SF approximately) that have been tastefully updated. At this property the pictures do all the talking. Gated, onsite parking for up to 6 cars. UNITS ARE VACANT AND READY TO GO! Bring your strong buyers with proof of funds and ability to close.
With a prime location, this property provides easy access to amenities, schools, and parks, further enhancing its allure. Whether you're seeking a premium family home or an investment opportunity, this remodeled duplex offers both the comfort of modern living and potential for additional rental income. Tenants can move out if you will live in this property. Current tenants paid on time. Every year rental will be raised 4 -6%. This property is duplex; while technically 3 units, it comprises 2 permitted and 1 without permits fully recently remodeled units ensuring utmost convenience. This property is a fully remodeled duplex spanning 2,052 square feet on a spacious 4,909 square foot lot, this property embodies modern elegance and investment potential. Boasting 5 bedrooms and 3 baths, seems like 2 building independently with 3 car garage and there are 2 or 3 uncovered spaces.
4214 Sunset Drive is an 8-unit courtyard apartment community located in the Los Feliz sub-market. The offering offers investors a unique opportunity to acquire a stable asset in a premier Los Angeles rental market with meaningful long-term capital appreciation. 4214 Sunset Drive is a quintessential courtyard apartment community that consists of eight units in three separate buildings in the red-hot Los Feliz submarket. The unit layout consists of four (4) 1-Bedroom/1-Bathroom units, three (3) larger 1-Bedroom/1-Bathroom units (at the rear of the property), and one (1) 2-Bedroom/2-Bathroom unit. Residents are welcomed to a quiet and open courtyard replete with mature landscaping. The common areas can be taken to a new level and provide an urban oasis. Current ownership has conducted a top-to-bottom remodel of one rear unit, creating a spacious two-bedroom apartment. Upgrades include new hardwood floors, updated kitchen and bathrooms, new stainless steel appliances, modern fixtures and lighting, designer tiles in the kitchen and bathroom, and an in-unit washer/dryer. The remodeled unit is a proven path to achieve strong rents when units turnover. Additionally, one unit will be delivered vacant at the close of escrow, allowing the new owner to achieve market rent. Los Feliz is a premier rental destination in Los Angeles and commands rents comparable to many Westside and beach communities. Los Feliz attracts young and diverse residents who appreciate all the unique experiences, hippest restaurants, and destinations in the immediate area. 4214 Sunset Drive is a short walk from many happening coffee shops and dining options and a short drive from the City's primary employers in Hollywood and Downtown Los Angeles.
This 2 bedroom one bathroom home is within the full developed city of Los Angeles, close to public transportation, educational institutions, historical land marks, and entertainment of all types. Wood floors, separate laundry room, Breakfast Nook, living room and dining room, basement, and many more features including upgrades. This home is well maintained with many modern upgrades, new paint, and there is a termite clearance on this property.
One issued active ADU permit with working drawings upon request. Excellent location4800 sq ft lot R1.5 1 story building in the West Adams area of LA. 3 unit building consists of (Three) 1 Bedroom/1Bathroom units and separate garages. Possible development potential. Each unit is separately metered and has its own individual water heater. Current rents below market, giving add values. The West Adams Neighborhood is a rapidly growing urban area with the LA Metro Rail providing great access. Tier 3 TOC.
Amazing Investment opportunity Income Property for sale. These 14 units multifamily apartments are in excellent condition and is conveniently located to restaurants, shopping centers, markets, schools, and public transportation located on 210 S Commonwealth Ave is multi-family home on a 10,884 square foot living area in Koreatown, near Downtown Los Angeles, Wilshire Mid Center, and a short distance from the famous Hollywood walk of fame. Most units are upgraded. This property offers large spacious 14 units and a convenient gated parking for the tenants in the basement. Sellers are motivated to sell, please do not disturbed tenants and subject to inspection upon an acceptance offer. Property to be in "As-In" condition no termite or repairs work to be done. Buyers are responsible for verifying all property details.
**Attention All Buyers!** We are excited to present this exceptional investment opportunity featuring a spacious **2 Separate Homes** with a **detached 4-car garage**—perfect for those looking to maximize their potential. The property is currently undergoing a fresh coat of paint, and repairs are being carried out by a professional contractor, ensuring a seamless transition for the next owner. This is your chance to acquire an **in-demand investment property** in a **prime location**! The property is ready for immediate income generation, making it an attractive option for savvy investors. With the right vision, there is also substantial potential to enhance property value and increase rental income. Consider the possibility of constructing a brand-new apartment building to capitalize on the thriving rental market in the area. Conveniently located near **restaurants, LAX, USC**, and a wealth of amenities, this property truly exemplifies a golden opportunity in real estate. Don't miss your chance to turn this amazing property into a lucrative venture! **Must See!!!** For more information or to schedule a viewing, call us today!
Amazing Trophy Rental Property Opportunity with Commanding DTLA VIEWS and Stellar Income Producing Units at an Impressive 6% Cap Rate! Step inside this Remodeled Gated Electronically Controlled Multi-Unit Property with Breathtaking UNOBSTRUCTED Downtown Los Angeles City Views!! This Amazing Property Boasts a Detached Front House consisting of 3 Bedrooms, 2 Recently Updated Full Baths, Located on a Spacious Parcel/Compound that includes an Outdoor BBQ/Patio Area and a Separate Detached Updated Multi-Unit Dwelling for a Total of 3 Units! Embrace yourself and enjoy the Stunning Viewing Deck Entrance with Access to the Property's French Doors Leading into a Living Room/Dining Room/Chef's Kitchen Open Floor Plan that Enjoys the Dynamic Los Angeles Downtown Views! The Chef's Kitchen includes incredible Line of Sight with an Attractive Breakfast Bar and Stainless-Steel Appliances. Additional Notable Features include: Quartz Counter-tops, Remodeled Bathrooms, Newly Installed Floors, Washer/Dryer, Newly Installed Windows, Tankless Water Heater and Newly installed A/C/Heat! Also a Private Remote-Controlled Garage! The Private Detached Back House Duplex Dwelling Consists of a 2 Bedroom, 1 Bath House with a 1 Bedroom, 1 Bath lower unit. These units have been recently Remodeled with Newly Installed A/C/Heat, Newer Flooring, Newer Windows, Newly Designed Bath Areas, and Spacious Bedrooms! The Sunny and Bright Culinary Kitchens with Breakfast Eating Areas have Newly Installed Cabinetry, Stainless Steel Sinks, Granite Countertops, Newly Installed Appliances, Newly Installed Tankless Water Heaters, Washer & Dryer, Spacious Closets and Newly Installed Custom Fan/Light Fixtures. There is also convenient Access from the Chef's Kitchen to the Outside Patio Area that is Bamboo Wrapped and Designed for your Privacy Al-Fresco! Incredible Turn-Key Asset, Perfect for Owner-User Investor and/or Investor Exchange Opportunity!
We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 4 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.
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.