We are pleased to present this 16 unit offering located on Berendo just a block south of Wilshire Blvd in the heart of Koreatown. The property has an excellent unit mix consisting of (1) 2 Bed / 1 Bath,(10) 1 Bed / 1 Bath, (5) Single / 1 Baths. The subject property isa courtyard style building built in 1950 and has been very well maintained with beautiful landscaping, a secure gated entry and parking in the rear. The units are spread out across 9,955 square feet of gross leasable area and sits on a large 11,998 square foot lot that is zoned LAR4.Situated in the heart of Koreatown, 743 S Berendo St benefits from its central location and excellent connectivity. The neighborhood is bordered by major thoroughfares such as Wilshire Boulevard to the north and 8th Street to the south, providing convenient access to other parts of Los Angeles. The nearby 101 and 10 freeways offer quick connections to the rest of the city and beyond. Additionally, public transportation options are abundant, with several bus routes and the Wilshire/Western Metro station nearby, making it easy to navigate the city without a car. The neighborhood is famous for its fantastic dining scene, with numerous Korean BBQ restaurants, trendy cafes, and night life. Call listing agents for Offering Memorandum.
Classic Spanish Duplex in So Carthay Circle located in Carthay Historic District which is priced similar to single family homes in the area with the benefit of having additional income to help pay that monthly mortgage. Both units boasts high arched ceilings with 3 bedrooms - 2 baths each, formal living room, formal dining room and cozy breakfast room overlooking patio area. There is a central hallway leading to the bedrooms. Each unit has its own service porch with laundry inside. Lower unit currently owner occupied will be delivered vacant. This unit has been beautifully refurbished with recessed lighting, newer appliance, beautiful hardwood floors yet maintained the original 1930's style. Each unit feels like a home with their private entrances, balcony/patio, beautiful hardwood floors, archways and high ceiling, and lots of storage. Additionally, exterior of home recently painted completely, and roof, driveway, heating systems and many other components of the home have been replaced or upgraded. At the rear of the property are 2- 2 car garages and a pleasant yard to sit and enjoy the outdoors. Carthay Circle is centrally located close to Beverly Hill, Century City , Mid- Wilshire and quick access to freeway. Plenty of shops and restaurants nearby.
Fantastic Investment Opportunity: Mix-Use Property with Strong Income Potential Welcome to this exceptional income property, perfectly suited for savvy investors seeking a lucrative opportunity. Currently configured as four units, this versatile mix-use property offers a range of income streams and potential for expansion. Property Highlights: Fully Renovated Upstairs Apartment: Enjoy modern living in the tastefully renovated 3-bed, 1-bath upstairs apartment, offering spacious accommodations and contemporary amenities. Established Hair Salon: A long-standing anchor tenant, the established hair salon provides steady rental income and adds value to the property. Owner-Occupied Unit: The property includes a comfortable 1-bed, 1-bath unit ideal for an owner-user or as additional rental income. Studio Apartment: A cozy studio apartment completes the current rental offerings, providing diversity in tenant options. Expansion Potential: With ample space on the lot, there's exciting potential to expand the property and add more units, maximizing the income potential. Don't miss out on this exceptional opportunity to own a lucrative income property with endless potential. Schedule a viewing today and unlock the possibilities! Buyer to verify SqFT & units
This 8- Unit property is in a great location in Koreatown. Well maintained rental property. Upside on rent. Each unit is equipped with seperate gas and electrict meters. Easy access to the 110 & 10 freway, Mid-Wilshire, Koreatown and Downtown LA. Fully leased with stable income.
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 1152 W 88th St is a mostly stabilized 10 unit apartment building located in unincorporated Los Angeles County. Offering a compelling 8.52 GRM and 8.18% Cap Rate, 1152 W 88th St stands as a prime opportunity for investors seeking healthy cash flow in an expanding submarket of Los Angeles County. With an excellent unit mix of (9) 2-Bed/1-Bath Units and (1) 1-Bed/1-Bath, this 8.18% Cap is still only $199,500k/Unit for such a strong unit mix. In the heart of this vibrant submarket, a fusion of established local gems and burgeoning new constructions awaits, offering potential tenants an enticing blend of neighborhood charm and modern amenities.
The subject property is a 16-unit multifamily 2 story apartment building build in 1965 located at 1515 W 103rd St Los Angeles CA 90047. The building is approximately 12,752 Sq Ft and sits on a 17,282 Sq Ft lot, with 26 bedrooms and 22 bathrooms comprised of 2-3 bedroom 2 bath units, 4-2 bedroom 2 bath units 2-2 bedrooms 1 bath and 8-1-bedroom 1 bath units. This property offers a tremendous opportunity for long term growth and stability, opportunity to add value through long term rental increases, current rents are 35% under market rents. Investments should result in a stabilize 9.5 + CAP rate. The building offers modern convenience with extra-large floor plans, great amenities and low maintenance to include full laundry facility, covered car ports and low vacancy. These benefits will keep the building’s chances of operating at full occupancy, as well as fundamentally serve as a comfortable living establishment for tenants, allowing the property to realize an upside in overall rental income and property value appreciation over the next five - ten years.
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 125 E 104th St is a Fully Stabilized 5 unit apartment in Los Angeles County. Priced at a 8.19 GRM and 8.68% Current Cap rate, this asset is the best Cap Rate in this submarket of Los Angeles. The subject property boasts an excellent unit mix of (5) 2-Bed/1-Bath Units.125 E 104th St is in a quickly growing submarket minutes from new construction and a stone's throw from Inglewood, Gardena and Downtown LA.
1731 S New Hampshire is a 2024 construction, FULLY LEASED fourplex located just minutes from the USC campus and Exposition Park! This is one of the best priced BRAND NEW CONSTRUCTION FOURPLEXES IN ALL OF LA. With a stabilized 5.29% cap rate, this one of a kind opportunity will not last long! The property is made up of ALL enormous 4 bed units (2x 4b/4.5b, 2x 4b/3b) with large open floor plans and a trendy modern design and upgraded finishes. Thanks to its close proximity to the USC campus, this will be an extremely easy to manage, high cash flow property for years to come! With tons of balconies, ideal parking (8 spaces accessed by a convenient back alley), luxury finishes, and large floorplans, these units will be the #1 choice for high paying USC students, recent graduates and more! Every box is checked! 1731 S New Hampshire is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the California African American Museum, the Natural History Museum, the Rose Garden and the Dr. Theodore T. Alexander Jr. Science Center Charter School. Plus, it’s minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District, and major employment hubs. Thanks to the excellent location, this will be an extremely easy to manage, high cash flow property. Enjoy separate meters for all utilities and a 1-year builder’s warranty!
We are pleased to present a great development opportunity to build 12-14 units of apartment R3 Tier2, with a total building size of 16,547 SF in the Mid-City neighborhood. The existing property is a duplex that will be delivered vacant. The subject property plan offers a unit mix of four 1-bedroom+1 bathroom and eight 2-bedroom+1 bathroom units, along with one ELI 2-bedroom+1 bathroom unit. The plan includes a 4-story type VA over 1 story type 1A configuration. With a walk score of 84, ten parking spaces, and twelve bike parking spaces, the subject property allows tenants to benefit from the local offerings in the Mid-City neighborhood. RTI coming very soon. Buyer to verify all information
We are pleased to present a great development opportunity to build 12-14 units of apartment R3 Tier2, with a total building size of 16,547 SF in the Mid-City neighborhood. The existing property is a duplex that will be delivered vacant. The subject property plan offers a unit mix of four 1-bedroom+1 bathroom and eight 2-bedroom+1 bathroom units, along with one ELI 2-bedroom+1 bathroom unit. The plan includes a 4-story type VA over 1 story type 1A configuration. With a walk score of 84, ten parking spaces, and twelve bike parking spaces, the subject property allows tenants to benefit from the local offerings in the Mid-City neighborhood. RTI coming very soon. Buyer to verify all information
Property has not been on the market since 1978. One owner provided love and care for this property for over 45 years. Vacant upper 2-bedroom, 1-bathroom unit with washer/dryer included, tenant occupied lower 2-bedrrom, 1-bathroom with washer/dryer hookup and tenant occupied front 1-bedroom, 1-bathroom with washer/dryer included. Across the street from Crescent Heights Blvd Elementary Language Arts/Social Justice Magnet and down the street from Los Angeles Center For Enriched Studies. This property is close magnificent shopping, dining and entertainment (Beverly Center, The Grove, Century City, Melrose, Restaurant Row (La Cienega). Just a few minutes away from 10 Freeway which allows for quick access to Downtown Los Angeles, Beaches, and LAX. Property is subject to the City of Los Angeles Rent Control ordinance. Seller(s) makes no representations or warranties as to the condition, use or history of the property. Property is being sold in its "AS IS, WHERE IS CONDITION" and Seller(s) will not be responsible for any repairs, termite work, and/or mandatory government retrofitting requirements prior to the close of escrow. Buyer to conduct their own inspections and investigations.
Introducing an excellent investment opportunity for real estate investors! This property, located at 1631 E 88th St ,1629 E 88th St, and 1629 1/2 E 88th St in Los Angeles, CA 90002, is currently generating an impressive monthly income of $8,650. Comprising a total of 6 bedrooms and 4 bathrooms, this property offers ample space for tenants. two of the unit's have their own electrical and water meters, providing convenience and flexibility for both the landlord and tenants. Situated in a desirable location, this property presents a fantastic opportunity to expand your real estate portfolio. With its strong rental income potential, this investment promises a steady cash flow and a solid return on investment. Don't miss out on this lucrative deal!
7056 Lanewood Avenue is a 22-unit apartment community in Hollywood (90028). The offering offers investors a unique and rare opportunity to acquire an irreplaceable asset with strong in-place metrics and meaningful rental upside in one of LA's most dynamic and stable markets. 7056 Lanewood Avenue was built in 1953 and consists of 11,452 square feet of improvements. The unit composition features an attractive mix of Ten (10) spacious 1-Bedroom Units and Twelve (12) Studio Apartments. The property is sited on a +/- 14,977 square foot parcel, zoned LAR4. The property is well-parked, with 17 parking spaces, and is not on the list of LA City mandatory seismic retrofit. Tenants and future investors will appreciate this well-maintained asset, featuring an attractive courtyard and lush landscaping. Additional amenities include a secure entry with intercom gate access, gated parking, and on-site washer/dryer. 7056 Lanewood Avenue is master-metered for gas and electrical utilities, which currently allows an annual 5% rent increase. Additionally, the Ratio Utility Billing System (RUBs Program) is already in place for all incoming residents. Lanewood Avenue is a quiet tree-lined street near Hollywood employers and attractions. With its prime location in Hollywood, 7056 Lanewood is an outstanding rental location for residents looking for immediate access to major Hollywood employers, services, and entertainment venues. The proximity to world-class neighboring venues makes this an ideal investment for apartment operators seeking a stable investment opportunity and long-term wealth preservation and appreciation.
Excellent investment opportunity to have Four-plex in the prime rental location of Boyle Heights area. This consists of 4 separate buildings with 1 unit of 5bed/4bath (front unit) and 3 units of 1bed/1bath. Front unit is a beautiful Spanish styled 2 story building with barreled ceiling and a den. downstairs has 2bed 2bath renting $2800 currently, upstairs 3 bed 2bath can be rented $2000, This property features well maintained buildings, safe metal fence, secured metal gate and 3 car garage. Each unit has separate gas meters and electric meters. Central location in the Boyle Heights offers Downtown LA, restaurants, shopping and entertainment. Easy access to major Freeways 10 & 60 and only 5 blocks to the Metro station with 10 min walking distance. Interior showing is subject to an accepted offer. Seller is motivated.
*** ATTRACTIVE ASSUMABLE LOAN @ 3.94% FIXED TIL MARCH 2027 *** We are pleased to offer for sale an incredible multifamily asset located at 1526 S. Wooster Street, a 5-Unit, apartment complex situated on a quiet street minute away from Beverly Hills on the northern tip of Pico-Robertson neighborhood. Building has excellent unit mix which includes One (1) three bedroom plus den, Two (2) three bedrooms, One (1) two bedroom and One (1) one bedroom units. 3 units are highly renovated with updated kitchen, bath, hardwood floors and new stainless-steel appliances and washer/dryer. Value-add potential with several units that are paying below market rents in this well-maintained building. Amazing location with high Walk Score and close to many amenities. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire an easy to manage turn-key asset in one of the most sought-after rental areas in Los Angeles.
GREAT USC STUDENT HOUSING PORTFOLIO WITH NEW READY TO ISSUE ARE FULLY APPROVED (3 UNITS) PLUS ADU PLANS ARE AVAILABLE FOR YOUR REVIEW. THE EXPIRED REMODELING PLANS ARE ALSO AVAILABLE. NO TENANTS. GREAT INVESTMENT OPPORTUNITIES FOR USC STUDENT HOUSING RENTAL ON THE DESIRABLE DPS PATROL AND LYFT ZONE, OFFERING CONVENIENT TRANSPORTATION SERVICES. A FEW BLOCKS FROM USC VERMONT ENTRANCE.
Great Investment Property! Duplex with 2 bedrooms 1 bath each. Front Unit has driveway that can fit up to 3 cars. Rear unit has gated alley access with 2 parking spaces and plenty of parking long driveway. The property has no Garage.
Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first availability in two decades, this property is situated in one of Los Angeles' most fashionable neighborhoods.The property showcases a significant investment potential, with one unit remodeled approximately two years ago and another eight years prior. The remaining two apartments and the detached home present a wealth of opportunity to enhance and optimize future rental income. Furthermore, the R3 zoning with Tier 1 TOC underscores vast possibilities for future development, adding a layer of value to this investment.Located just south of the iconic Sunset Strip, 7401 Fountain boasts an impressive Walk Score of 92, labeling it as a "Walker's Paradise." Residents enjoy proximity to Beverly Hills, The Grove, and numerous renowned boutiques, eateries, and entertainment venues within a 10-minute drive. In addition to its prime location, the property ensures tenant security with gated front access and an automated gate leading to a shared parking lot with six spaces, alleviating the typical urban parking challenges.Each spacious unit features laundry hook-ups, dining areas, hardwood floors, generous closet space, and additional storage, all adorned with an abundance of original character from its 1920 construction. The property also benefits from updated electrical systems, enhancing its functionality and appeal. Sitting directly across from Plummer Park, this property spans a total lot size of 7,536 square feet, offering both charm and a substantial canvas for modern enhancements.
Prce Reduction !!! Excellent investment opportunity to have a stunning Six Unit Apartment with the Income of $8,899/month in the prime location of Los Angeles Downtown area. This gorgeous apartment consists of 2 separate buildings with 3 units of 2bed/1bath and 3 units of 1bed/1bath. Rear building was built in 1994. It features well maintained buildings, safe metal fence, secured metal gate and on-site laundry room. The property is situated on a 12,652 square foot parcel with 10 parking spaces. Each unit has separate gas and electric meters and has individual water heaters. Conveniently located with 5 miles to LADT and 3 miles to USC. Easy access to major Freeways 110 and public transportation. Interior showing is subject to an accepted offer. Seller is motivated.
WOW!!!!!!!!!!!!!!!! WOW!!!!!!!!!!! WOW!!!!!!!!!!! WOW!!!!!!!!!!!! WOW!!!!!!!!!! SUPER HUGE UNITS 3 HOUSES IN ONE LOT PERFECT FOR A BIG FAMILY OR FOR RENTAL WITH A LOT OF PARKING EASY ACCESS TO THE PROPERTY PROPERTY WILL BE DELIVER VACANT
Character Spanish duplex in Carthay Square with original details. Great for an owner/user or an investor. Lower unit is a 2BR + 1.5BA and has a step-down living room with wood beam ceilings, hardwood floors with tile steps and decorative fireplace. Formal dining room with open kitchen and updated bathroom. The upstairs unit features 2BR+ 2BA, living room with sliding doors that lead to a balcony overlooking the front yard. Decorative tiled fireplace, formal dining room, open kitchen, and updated bathrooms. Both units have central air/heat and a laundry room. Lush landscaping with lovely backyard with sitting area, large swimming pool and 2-car garage. Close to The Miracle Mile, LACMA, The Grove and all that LA has to offer. Property is located in Carthay Square HPOZ. BOTH UNITS TO BE DELIVERED VACANT AT CLOSE OF ESCROW.
Prce Reduction !!! Excellent investment opportunity to have a stunning Six Unit Apartment with the Income of $8,899/month in the prime location of Los Angeles Downtown area. This gorgeous apartment consists of 2 separate buildings with 3 units of 2bed/1bath and 3 units of 1bed/1bath. Rear building was built in 1994. It features well maintained buildings, safe metal fence, secured metal gate and on-site laundry room. The property is situated on a 12,652 square foot parcel with 10 parking spaces. Each unit has separate gas and electric meters and has individual water heaters. Conveniently located with 5 miles to LADT and 3 miles to USC. Easy access to major Freeways 110 and public transportation. Interior showing is subject to an accepted offer. Seller is motivated.
Opportunity Awaits those looking for a great investment! This is a Diamond in the Rough apartment complex with 10 units with 4-1 car enclosed garages in the rear and 1-2 car with alley access located in prime location of ELA which borders Montebello. There are 9 studio units, one being double studio and the tenth unit is a one bedroom that the seller occupies. All excellent paying tenants on month to month basis. Complex is gated for added securit. Located blocks and walking distance to DMV, major shopping centers, gas stations, bus transportation, restaurants, so much more.
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.