UNIT MIX: 2Bed, 1.75Bath x 20. 1Bed, 1Bath x 8. Actual Monthly Income: $53,200/mo. $638,400/yr. FIRST TIME ON THE MARKET in over two decades, this self-run/easy managed 28-unit RC/HPOZ apartment is situated in the quiet small pocket of Wilshire Park in greater Mid-Wilshire area, just a block south from Windsor Square-Hancock Park with an average home price of over $6 million +. This apartment comes with an ample subterranean gated parking for 20 cars in addition to plenty more street parking with District #566 Permit Exempt dedicated for sufficient parking allocation in the neighborhood. It has a community laundry, hardwood floored units with amazing sizeable layouts reminiscent of good-ole heydays when spaces weren't any concerns and built on a massive 27,000 SF RD2 corner-lot with huge open COURTYARD. A quick 10 min-walk to Wilshire/Western Metro station, an easy 10 min-drive to DTLA and Beverly Hills to east and west. All units have been remodeled within the last ten years per owner. All units are current on their rents with majority long-termed lessees. Showing/Inspection upon "accepted offer" DRIVE-BY ONLY! For all inquiries, email L/A. Phone calls will not be answered.
Charming Spanish fourplex in the desirable Beverly Center/ Miracle mile area. The building consists of four two bedroom, one bath apartments. One unit delivered vacant. Private garages for each unit. Numerous upgrades to all units while keeping the character and charm with arched ceilings and great layouts. Hard wood floors, Laundry in all units, individually metered, Granite counters and stainless steel appliances remodeled units with potential to increase income to $156,000. Current Net Income $101,664 with CAP of 4.8 and GRM of 15. Great owner user or Impressive Investor rental in highly desirable area 2 minutes to LACMA and 7 to drive to Beverly Hills.
Welcome to this stunning newly built 10-unit apartment building within the highly sought-after Athens neighborhood of Los Angeles. Here's your opportunity to own a brand-new investment property with high-end, first-class finishes. The property spans a total of 12,558 net rentable sq ft, comprising 3 separate buildings situated on an 8,457 sq ft lot. The unit mix includes 6 three-bedroom/three-bath units, 2 two-bedroom/one-bath units, and 2 one-bedroom/one-bath units, all designed to accommodate Section 8 tenants. First-floor parking and each individual unit also has its own laundry facilities and comes equipped with a washer, dryer, and refrigerator. The property enjoys a prime location, less than a 10-minute walk from the Vermont/Athens Metro Stop. Easy access to the 105 and 110 Freeways, tenants can quickly reach Californiaâs famous beaches and Los Angeles Southwest College. Don't miss out on this incredible investment or 1031 Exchange opportunity!
Potential and opportunity awaits at this prime-located duplex within walking distance of newly built Hyde Park station. This property offers an excellent opportunity for both investors and homeowners looking to maximize rental income.The front unit is a craftsman-style home. Upon entry, you are greeted by a spacious living area that seamlessly connects to the rest of the home. The kitchen features ample cabinet space, washer/dryer hookups, and a cozy dining area. This unit boasts three generously sized bedrooms and a full bathroom. The second unit is a Spanish-style home that offers two well-sized bedrooms and a full bathroom. The front yard is neatly landscaped, while the backyard provides outdoor space that can easily be revamped for relaxation and family gatherings. The property features a detached two-car garage dedicated to the front unit and a detached single-car garage dedicated to the back unit. Electricity and gas are separately metered. This property offers significant income potential post-upgrades. Whether you're looking to live in one unit while renting out the other or seeking a full rental income strategy, this duplex presents a compelling investment opportunity.
Introducing a charming five-unit residential property nestled in East Los Angeles. This well-maintained building is the perfect opportunity to increase your portfolio. Each unit offers spacious living areas and abundant natural light. The 4 back units are 1 bedroom and 1 bathroom. The front unit has 2 bedrooms and 1 bathroom, also inside laundry and parking space in the driveway. Located in a vibrant neighborhood with easy access to shopping, dining, and entertainment options, this property presents an exceptional opportunity for comfortable city living and a solid investment.
Romantic character Spanish duplex in Miracle Mile - Museum Row area of Los Angeles. It has tons of characters with hardwood floors, original tiles, moldings, original detailing and views of lights and Hollywood sign in addition to balcony / deck and spacious rooms. Each single leveled unit with light-filled rooms has 2 bedrooms and 2 bathrooms, breakfast rooms, formal dining, laundry rooms and balcony / deck. Both units are occupied with stable long-term tenants at market price with rental increase built into the current lease. Newer roof (2 years old), newer refrigerator, washer and dryer, and water heater. There is also enclosed private backyard and 2 garages. This property boasts great location on a prime tree-lined street in Miracle Mile (Walk Score 87) and offers immediate access to the neighboring communities of Beverly Hills, Koreatown, and WeHo. The proximity to world-class venues such as The Grove & Farmer's Market makes this an ideal investment.
UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $33,700. Annual $404,400. What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installed, majority of electricals and plumbing were upgraded in the recent past years per Seller. Drive-by ONLY! See Private Remarks.
Duplex on large Industrial zoned parcel. Potential for a contractor to live and work with outside storage or extra large gated parking area. Former landscaping company lived in one unit and officed in the other or extra income. Potential Owner-User service industry or redevelopment. Potential to change use to creative office, outside showroom, outside Storage, parking or Small Development *Situated Immediately Adjacent to the 10 Freeway Off Ramp, 1-Block From the 10 Freeway On-Ramp at Robertson Blvd + National Blvd. Sale is subject to court overbid.
Welcome to 936 E 91st Street, an ideal duplex for generating rental income in Los Angeles! This property features two separate units situated on a 5,801SqFt lot. The first unit includes 2 bedrooms and 1 bathroom, while the second unit offers 1 bedroom and 1 bathroom. The entire property is fenced, providing added security, with designated parking spaces for each unit. Both units are equipped with recessed lighting and ample natural light. Upon entering the unit on the right, you'll find a spacious living room, a kitchen, and two bedrooms, each with ceiling fans. The bathroom in this unit features a shower-in tub. The second unit includes a family room, a bedroom, and a bathroom also featuring a shower-in tub. Don't miss out on this excellent opportunity to own a rental property!
We are pleased to present a ten (10) unit apartment building located at 832 N Edinburgh Avenue in Los Angeles, California. The subject property is located in a prime Melrose location, north of Melrose Avenue and west of N Fairfax Avenue. Built in 1925, this property contains a solid unit mix of six (6) studio / one-bathroom units and four (4) one-bedroom / one-bathroom units. This asset features four (4) covered garage parking spaces that can potentially be converted into up to eight (8) ADU unit(s) under SB 1211 (recently engrossed on June 12th). Tenants will love living in a quiet residential corridor within only a couple miles from the Sunset Strip, numerous fashion and art stores along Melrose Avenue and Fairfax Avenue, The Comedy Store, Melrose Trading Post, Laurel Hardware, Ysabel, and Blue Bottle Coffee. The neighborhood of Melrose attracts many young professionals given the film, fashion, and art industry presence in this location. Melrose is also in the eighth rated submarket for market asking rents and the sixth rated submarket for twelve (12) month unit absorption. Situated in a prime Melrose location, this offering presents an excellent opportunity for any investor to capitalize on a property with tremendous upside potential and the potential to convert the garages into multiple ADU unit(s).
Single level duplex with 2 car detached garage close to LAX, Sofi Stadium, Westchester Park & Golf Driving Range, LMU, as well as to shopping centers along Sepulveda Blvd and Howard Hughes Shopping Center. Both units are 2 bedroom - 1 bath. Great starter property for the first time buyer or add value by adding ADU or 2nd story. This property has easy access to Marina del Rey, Playa Vista, El Segundo, and 405 Fwy. Seller is open to negotiating with buyer and tenants to vacate at least 1 of the units (potentially both). ***OFFER DEADLINE 3PM TUESDAY 7/9/24*** BUYER'S THAT SUBMIT OFFERS WILL BE INVITED TO AN OPENING OF THE UNITS WITH A SELLER SPONSORED GENERAL AND SEWER INSPECTION PROVIDED TO BUYERS TO COME BACK BEST AND FINAL ****
6-unit apartment building located within the USC Patrol Zone. The property is located 2.5 blocks west of the USC Campus and currently has two vacant 1 bedroom bungalow-style units. With an ideal unit mix of four 1 bedroom 1 bath, one 3 bedroom 1 bath, and one 3 bedroom 2 bath units, the asset presents an opportunity for an investor to convert the tenancy to student housing. 2.5 blocks away from this property, the $1 Billion dollar Lucas Museum's structure is taking shape. The 5-story museum includes 300,000 SF of exhibition space, which will house the 100,000-piece collection of George Lucas' paintings, sculpture, photographs and other forms of art related to film. Next to the Lucas Museum stands the L.A. Coliseum, site of the 2028 Olympic Games.
Opportunity awaits in this Duplex nestled in the highly desirable neighborhood of Victoria Park. With the unique wrap around driveway and great character, this duplex would be ideal for any buyer. The property boasts 2708 sq ft and comprised of a 2bed/2bath unit and a 3bed/1bath unit. The lower unit features direct access from the attached garage for ultimate convenience. There is a great rear yard area which is currently separated so each unit can have their own home gardens or you can combine both to make an even greater yard for all to share. The possibilities are endless. Also the income potential will definitely help your buyer. All units have their own separate gas and electric meter. The property is centrally located to 10 Fwy, Downtown L.A., Beverly Hills, K-Town, Hancock Park, Culver City and Miracle Mile.
ARCHITECTURAL MASTERPIECE!!! 1807 Beloit Ave is an ultra-high-end FULLY LEASED 2024 luxury triplex located in the Sawtelle Japantown neighborhood walking distance to the countless trendy shops and restaurants centered on Sawtelle Boulevard and minutes from UCLA, Westwood Village and Brentwood. This high-end building will be delivered 100% stabilized with the 4-bedroom units rented at $6,895/mo each & the 3-bedroom unit rented at $5,595/mo! 1807 Beloit boasts an ideal unit mix of two MASSIVE (2,299+ sq ft) 4-bedroom, 3-bathroom tri-level townhome style units and one equally as impressive 3-bedroom, 2-bathroom unit! These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to designer tiles, all kitchen appliances included, large waterfall islands, modern glossy cabinets, high ceilings, huge closets, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl and enormous private balconies with bifold glass doors that create indoor/outdoor space. In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come. This one-of-a-kind opportunity will not last long!
Welcome to 1470 W Adams Blvd, presenting an exceptional investment opportunity just 0.6 miles from the USC campus. This expansive property boasts a 12-bedroom, 4,313 sqft house on a generous 12,765 sq ft lot, with LAC2 zoning and Tier 3 TOC designation, potentially allowing for up to 31 units. This property is located within the Adams-Normandie HPOZ and offers historic charm alongside promising development potential. The spacious lot size opens up exciting possibilities, including the potential to renovate the existing house into multiple units by utilizing the rear yard for additional housing. Its strategic location, close to new multifamily developments, the Ralphs retail center, Metro Expo Line, and Exposition Park attractions, underscores its immense investment potential. This property also qualifies for several advantageous programs and designations, including the Mills Act Program, Federal Rehabilitation Tax Credit, Adaptive Reuse Ordinance, and compliance with the California Historical Building Code, further enhancing its value and potential. Moreover, it's worth noting that the current owner has successfully operated a family business on this property for three generations, generating significant income and contributing to its historical legacy. Situated just 10 minutes from Downtown LA and with convenient access to the 10 Freeway, this property offers a unique investment prospect. Notably, it has been a part of the family for four generations, which adds to its historical significance and appeal in today's market. You can use the opportunity to explore this diamond in the rough by scheduling a showing today. Properties like 1470 W Adams Blvd are rare, offering numerous possibilities for lucrative investments. Additionally, 1472 W Adams Blvd features a small office in the right corner of the lot, further enhancing its potential. Don't miss out on this incredible opportunity!"
Charming, updated triplex in the iconic Beachwood Canyon neighborhood of the Hollywood Hills. Located on a tranquil street, this character property lined with mature hedges is comprised of a separate 2/1 bungalow with a private yard and off street parking. The rear two story cottage, set among mature trees is home to two separate studios with one off street parking space per unit. All units are occupied, rents are current, generating steady cash flow. Walking distance to the Canyon Store and Beachwood Cafe. Moments from Franklin Village, Gelsons Market, shopping, the 101 freeway, offices, restaurants, the Hollywood Bowl, miles of hiking trails and Griffith Park. TENANT OCCUPIED. DO NOT DISTURB OCCUPANTS.
Desirable side-by-side Spanish duplex with one vacant unit now available in the Melrose neighborhood of LA on the border of West Hollywood. Great unit mix with both units boasting 2bd/1ba. Detached garage and private, hedged front yard and entry. Both units feature large living rooms with quintessential Spanish barrel ceilings, natural oak floors and beautiful fireplaces. Spacious eat-in kitchens along with comfortable bedrooms. Each unit features its own laundry with in-unit laundry in 951 and separate laundry in garage for 953. Recent upgrades to the property include an electrical panel upgrade, newer water heaters and a newer roof on the main structure. Ideal location for owner occupant or tenant alike. Close to Melrose, Santa Monica Blvd and La Brea as well as quick access to West Hollywood, Beverly Hills and Hollywood.
We are pleased to present an incredibly unique investment opportunity in LA's vibrant Westside. 1242 McClellan Drive (legal address 1248 McClellan Drive) consists of 17 striking units ideally located just a block away from the famed enclave of Brentwood. Having been built in 1987, it is NOT subject to the City of Los Angeles' Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated subterranean parking (exempt from seismic soft story retrofit). The ideal unit mix consists of eight 2-bedroom, 2-bathroom units and nine 1-bedroom,1-bathroom units. Interiors have been finished with beautiful pergo or carpet flooring, modern cabinetry, and upgraded kitchens and bathrooms with quartz or granite countertops. The building offers its residents a lushly landscaped facade, an intercom entry system, balconies, an on-site laundry room (machines owned by the Seller), and ample gated parking (32 total spaces). Unit features include a fireplace (most units), central HV/AC, large bedrooms, walk-in closets, and dynamite floor plans flooded with natural light. Select upper units have high vaulted ceilings. This property is only a block from the prestigious community of Brentwood, just one block south of Wilshire Boulevard. In close proximity to some of the best high-end dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
We are pleased to present an incredibly unique investment opportunity in LA's vibrant Westside. 1818 Camden Avenue consists of 16 striking units ideally located near Westwood and Century City. Having been built in 1987, it is NOT subject to the City of Los Angeles' Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated subterranean parking (exempt from seismic soft story retrofit). The ideal unit mix consists of three extra spacious 3-bedroom, 2-bathroom units and thirteen very large 2-bedroom, 2-bathroom units. Interiors have been finished with beautiful pergo flooring, modern cabinetry, and upgraded kitchens and bathrooms with granite and/or quartz countertops. The building offers its residents a lushly landscaped facade, an intercom entry system, balconies, an on-site laundry room on each floor (machines owned by the Seller), and ample gated parking (32 spaces for 16 units). Each unit has a fireplace, central HV/AC, large bedrooms, walk-in closets, minimum 9 foot ceilings throughout, and dynamite floor plans flooded with natural light. Several upper floor penthouse units have high vaulted ceilings. This property is perfectly nestled between Century City and Westwood, along a serene treelined street setting. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
Discover a rare investment opportunity in the heart of Koreatown, Los Angeles with this 4-unit property. Situated in a vibrant location with close proximity to key amenities, attractions, schools, and transportation, this versatile property offers a mix of units to suit various living arrangements. The main home features 3 bedrooms, with the den cleverly converted into a 4th bedroom, while two additional units provide 1 bedroom and 1 bath each. A studio in the rear adds flexibility to the investment potential. With ample parking and strategic location, this property is ideal for both investors seeking consistent income and residents looking for a central, culturally rich living experience.
This is an excellent investment property. It is centrally located to the beach, So-Fi Stadium, Downtown Los Angeles, the freeway, parks, restaurants, and shopping. This is a rare find: a duplex each with three bedrooms, central heating, and air at an affordable price. Submit all offers on a RIPA subject to inspection. DO NOT DISTURB THE TENANTS, AND DO NOT WALK THE PREMISES.
*DO NOT DISTURB TENANTS. We are pleased to offer for sale a four-unit apartment community located at 11116 South Figueroa Street. The subject property is located on Figueroa Street just north of the 105 Freeway. The building is located in South LA right next to the Westmont submarket. This location offers easy access to the best of South LA, including Sofi Stadium, Intuit Dome, USC/ North University Park, the LA Coliseum & more. Being in close proximity to major transit corridors, tenants can conveniently access employment centers, retail & entertainment throughout the city. Situated on two contiguous lots across a 5,974 square foot parcel, the property is comprised entirely of three-bedroom units. The property was constructed in 2001, so it is not subject to City of Los Angeles rent control, only subject to AB 1482 State Rent Control. Two units will be delivered vacant allowing new ownership to immediately renovate in order to achieve market rental rates. 11116 S Figueroa presents investors with a unique opportunity to acquire an asset in a South Los Angeles that is a short distance to the most attractive thoroughfare in the submarket, which will support continued rental growth & gentrification for a new investor who is looking to capitalize on the value-add potential this asset offers.
Located in the Jefferson Park/Adams-Normandie area, just west of University Park and USC, this superb investment opportunity is ready for its new owner. This well maintained asset consists of 4 large units, each nearing 1,000 square feet. All units have formal living rooms, dining rooms and individual laundry rooms. One unit has an additional tandem bedroom. Off-street parking for 4 cars in the detached garage and carports. Tenants pay their own gas and electric, which are separately metered. Owner pays for water. The interior condition is mostly original in clean operable condition. This is an R3 zoned lot for possible development potential. Add-value opportunity and upside potential in rents.
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.