ThiS Property has 4,221 SF of living space consisting of five (5) two- bedroom/one-bathroom units situated on a 6,243 SF lot. The property is currently grossing $101,664 annually with more than 30% rental upside. This Property offers an investor the opportunity to acquire a high-cashflow property in the strong rental market of South Los Angeles. By implementing a value-add program to raise the rents to market-rate, 7307 S Figueroa presents an amazing investment of any value-add buyer.
7.22% Cap Rate! We are excited to introduce this exceptional investment opportunity, featuring a versatile mixed-use property with five units that seamlessly blend residential and commercial possibilities. The property spans 2,863 square feet on a spacious 5,084 square foot C2 Lot (TOC-3) in the bustling Vermont Corridor. It includes three residential units and two commercial spaces. Currently, one commercial space and one residential unit are vacant, offering the immediate potential for increased rental income, making it an attractive option for savvy investors looking to capitalize on the active local market. In addition, there are ready-to-issue(RTI) plans to convert the garage into a one-bedroom unit. With two tenants on month-to-month leases, there is significant flexibility for future development or restructuring. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is strategically positioned for substantial value growth and has the potential to make a positive impact on its vibrant neighborhood.
Gorgeous and charming Spanish-style 4-Unit gem in the heart of the highly sought after Fairfax District. Nestled on a picturesque and quiet street, this property offers timeless elegance with the perfect blend of original character and modern conveniences. Completely and tastefully remodeled down to the studs, each sun-drenched unit features spacious living and dining areas, showcasing beautiful architectural details throughout. Enjoy the comfort of air conditioning, the convenience of in-unit laundry, and the added benefit of a private garage for each unit. One unit can be delivered vacant, presenting an ideal owner/user opportunity. Not to mention previous approved plans included a recreation room or potential ADU above the garages, adding even more value and flexibility to this exceptional property. Located just minutes from The Grove, CBS Studios, Melrose Avenue, Beverly Center, and the vibrant nightlife of West Hollywood, this property is perfectly situated in one of LA's most dynamic neighborhoods. Don't miss out on this incredible investment opportunity in one of Los Angeles' most vibrant and desirable areas!
Gorgeous and charming Spanish-style 4-Unit gem in the heart of the highly sought after Fairfax District. Nestled on a picturesque and quiet street, this property offers timeless elegance with the perfect blend of original character and modern conveniences. Completely and tastefully remodeled down to the studs, each sun-drenched unit features spacious living and dining areas, showcasing beautiful architectural details throughout. Enjoy the comfort of air conditioning, the convenience of in-unit laundry, and the added benefit of a private garage for each unit. One unit can be delivered vacant, presenting an ideal owner/user opportunity. Not to mention previous approved plans included a recreation room or potential ADU above the garages, adding even more value and flexibility to this exceptional property. Located just minutes from The Grove, CBS Studios, Melrose Avenue, Beverly Center, and the vibrant nightlife of West Hollywood, this property is perfectly situated in one of LA's most dynamic neighborhoods. Don't miss out on this incredible investment opportunity in one of Los Angeles' most vibrant and desirable areas!
7.22% Cap Rate! We are excited to introduce this exceptional investment opportunity, featuring a versatile mixed-use property with five units that seamlessly blend residential and commercial possibilities. The property spans 2,863 square feet on a spacious 5,084 square foot C2 Lot (TOC-3) in the bustling Vermont Corridor. It includes three residential units and two commercial spaces. Currently, one commercial space and one residential unit are vacant, offering the immediate potential for increased rental income, making it an attractive option for savvy investors looking to capitalize on the active local market. In addition, there are ready-to-issue(RTI) plans to convert the garage into a one-bedroom unit. With two tenants on month-to-month leases, there is significant flexibility for future development or restructuring. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is strategically positioned for substantial value growth and has the potential to make a positive impact on its vibrant neighborhood.
R3 zoned. Opportunity to own a Craftsman style quadruplex in the historic neighborhood of Arlington Heights in Mid-City. Spacious units - the two lower level units each feature 2 bedrooms & 2 baths while the two upper level units each feature 3 bedrooms & 2 baths. Huge lot offers plenty of gated parking spaces. Included interior pictures of one of the units were taken prior to tenant occupancy.
Live in one unit and rent the other to reduce mortgage overhead! Or option for a home office or guest house. Quintessential 1907 California Queen Anne Victorian in West Adams, HPOZ. Beautifully restored and updated. 4 bedrooms and 3 baths house plus an attached 1 bedroom, 1 bath second unit with the option for direct access and separate front door with second address. The restoration result maintains the original character and charm intact, including custom millwork, wrap around porch, leaded glass windows and the elevated height ceilings this era is known for. Updated kitchen with premium stainless appliances, Calcutta quartz countertops, subway tile backsplash and custom cabinets. The original flooring has been beautifully refinished. In addition to the downstairs bedroom and bath, you'll find upstairs has three bedrooms and two baths, including an en-suite bath and large walk in closet. The guest unit has its own bedroom and bath, kitchen, living and dining areas. Central Air and Heat. Updated systems. Large backyard and gated driveway. Blocks from neighborhood schools and parks, easy access to freeways and the best of West Adams restaurants and nightlife. Legal duplex with two addresses and one APN.
Beautiful and charming Hancock Park Windsor Village. Great residential area with a beautiful new landscape gardening. Well maintained 4 units building. 2 stories. each unit is spacious, well updated with original charms. 2 units are townhouse-style. other 2 units are open floor plans. every units have own washer & dryer's. In Hancock Park, HPOZ, R3 zone. 4 units are separate own electric & gas meters. updated with copper pipes and electric systems. Drive by Only. DO NOT DISTURB TENANTS! showing available after offer is submitted. text to the listing agent for more info.
This is a great investment opportunity for anyone looking for property in the Boyle Heights area. This apartment building consists of 12 bedrooms and 6 bathrooms, each unit is 2 bedroom and 1 bath. All tenants are currently month to month leases the property is 100% occupied and subject to the City of Los Angeles rent control regulations. Easy access to major freeways 10fwy and 60 fwy close to coffee shops and restaurants. Current gross income is $5,959.00/month
Price Reduction!! We are excited to present an exceptional investment opportunity to own this attractive Fourplex. Down the hill, this neighborhood overlooks the fantastic skyscrapers of downtown L.A. and you enjoy a winter night stroll through the tranquil hills with glowing lights from the skyscrapers. This two-story building consists of 1bedroom/1 bathroom each unit with the front entrance door leading stairs to upstairs. It features a neat interior, excellent layout, tile floors, a separate electric meter, a secured metal fence, and a spacious front yard. There are four car garages and four uncovered parking spaces in the backyard. It's a perfectly convenient neighborhood to commute. It is only approx. 3 miles from LADT, the Art District, China Town, USC University Hospital, the University of California, LA, and the University of East Los Angeles. Access to Fwy 10, 101, 5 & 60 and public transport is easy. The numerous shops and restaurants in Cesar Chavez Ave are another fun of the weekend. Don't miss this property at a highly sought-after rental area with outstanding investment potential. It's sold as is condition. It's fully occupied.
Nice Mar Vista area triplex with larger upper 3BD/1.5BA unit. 2BD/1BA unit plus a Studio on the first floor. Garage in rear of property - 2 cars plus storage area. Laundry room on first floor. Great part of Culver Blvd. that sits back from "Big Culver" with nice open space and trees. Decent amount of street parking. Close to the 405 Freeway, Marina Freeway and Los Angeles International Airport. Abutting property right next door at 11775 Culver which is 5 units is also listed for sale, MLS# 24-438605. Very easy to rent and operate.
Seize the chance to own a newly built multi-family property that promises exceptional returns in a highly sought-after neighborhood. This investment gem features four luxurious units, each crafted with precision and designed for modern living. The property includes three expansive three-bedroom, three-bathroom units, and a spacious two-bedroom, two-bathroom unit, catering to a diverse tenant pool.As you step inside, you'll be welcomed by sleek, contemporary kitchens, perfectly blending style and functionality. These gourmet spaces are ideal for culinary enthusiasts and feature high-end finishes and top-of-the-line appliances. Each unit offers generously sized bedrooms, many with ensuite baths and walk-in closets, providing a luxurious and comfortable living experience.All units come equipped with in-unit washers and dryers, private garages, and individual outdoor spacesfront 2 units boast private yards, while the rear top unit features an expansive balcony perfect for entertaining. The property is gated and secured with an access code entry system, ensuring privacy and peace of mind for all residents. Each unit has a 1 car private garage with another tandem spot behind. There is one additional guest spot. All utilities are paid by the tenants. Situated just minutes from the vibrant hubs of Downtown Culver City, Westchester, and LAX, this property offers unparalleled urban convenience coupled with suburban tranquility. Its prime location, combined with chic interiors and an array of modern amenities, makes this multi-family property an outstanding investment opportunity.Don't miss out on this rare chance to invest in a property that combines luxury living with high rental demand. Contact us today to explore this golden opportunity and secure your stake in a thriving market.
Exceptional Triplex on Spacious Corner Lot – Prime Investment Opportunity!!! Welcome to this exceptional triplex, situated on a generous 6,664 sq. ft. corner lot. This unique property features three distinct residences, each offering its own charm and privacy. 7612 Unit: A cozy 4-bedroom, 2-bathroom home, ideal for families or high-demand rental. 7602 Unit: Built in 1983, this well-maintained 2-bedroom, 1-bathroom unit offers comfortable living in a prime location. 7606 Unit: Also built in 1983, this unit features 2 bedrooms and 1 bathroom, providing additional rental potential. Each unit is individually metered for gas and electricity, ensuring ease of management and clear billing. Conveniently located with easy access to the 105, 110, and 10 freeways, this property offers excellent connectivity. It’s also close to various transit stations on S Broadway and W Florence Ave, making commuting straightforward and convenient. Fantastic Opportunity: This triplex presents a strong investment potential with its prime location, diverse unit configuration, and robust rental demand. Drive-By Only: Please DO NOT DISTURB TENANTS. Buyer and buyer’s agents are advised to verify the accuracy of all information. Don’t miss this chance to add a valuable asset to your portfolio!
This pride-of-ownership duplex in the Los Angeles area offers flexible living options. The property includes a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, one unit is currently vacant and the second unit is moving out. The 1-bedroom unit features a freshly painted interior, washer and dryer hookups, and two wall heaters for added comfort. Property is equipped with copper plumbing and has a grassy area in the rear. Additionally, there is an opportunity to convert the existing garage, enhancing the property's potential and value. Whether you're looking to invest or need a home that accommodates extended family, this duplex presents a unique and inviting opportunity.
Exceptional 1928 duplex, located on Detroit St in the vibrant Miracle Mile neighborhood of Los Angeles. This property beautifully combines historic charm with modern conveniences, large windows, favorable + accomodating floor plans, hardwood floors, & natural light. Upon entry, you're greeted by a generous foyer showcasing the arched doorways leading to a dining room & large living room boasting a stunning fireplace with a marble-like mantle & numerous windows that bathe the space in natural light. The sizeable dining room seamlessly connects to a well-appointed kitchen, complete with all essential appliances. The convenient laundry room off the kitchen adjoins a BA & offers an exit to the exterior of the property. This duplex provides 3 generously sized bedrooms, each with ample closet space. 2 of the bedrooms are suitable as primary suites, both offering direct access to a bathroom. One primary bedroom includes a dressing area with multiple closets in addition to the en-suite BA. Both units fit the description but the upper unit does offer a bonus room off the foyer & a balcony accessible from the rear BD. Additional amenities include 2 double-car garages with extra storage space, located at the rear of the property. Situated in a prime location near entertainment, restaurants, shopping, & houses of worship, this duplex offers an ideal blend of value, convenience, & character.
Developer's Delight! Triplex on a HUGE rarely found HALF ACRE+ lot! This property features three individual buildings with 2 bedrooms and 1 bathroom each. Separate water, gas, and electric meters. RTI plans included for 5-3 bedroom, 2 bathroom units! Build more units if desired! Amazing opportunity for the savvy investor to redevelop the site, live in one unit and rent out the others. This property represents a substantial opportunity for investors aiming to capitalize on a multifamily asset within a dynamic urban community. This location is convenient to dining, shopping, and the 105/110 freeways. Drive by only.
This pride-of-ownership duplex in the Los Angeles area offers flexible living options. The property includes a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, one unit is currently vacant and the second unit is moving out. The 1-bedroom unit features a freshly painted interior, washer and dryer hookups, and two wall heaters for added comfort. Property is equipped with copper plumbing and has a grassy area in the rear. Additionally, there is an opportunity to convert the existing garage, enhancing the property's potential and value. Whether you're looking to invest or need a home that accommodates extended family, this duplex presents a unique and inviting opportunity.
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.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.