THIS IS A 7 UNIT building with a DETACHED large "owners" 3 bedroom 2 story townhouse with attached 2 car private garage that faces 28th & has its own address "3838 W. 28th St. It looks like a single family house & this 3 bedroom unit will & one of 2 bedroom units will be delivered vacant at close of escrow. There's also 6 additional units directly behind the house located on Montclair St. directly below connected by stairs, all on one large lot. It's a very unique building that's perfect for investor or an owner /user who wants to have income and live in a beautiful 3 bedroom 2 story house separate from the other 6 units. Priced to sell, Sellers Motivated & easy to show. Sellers says SELL! Bring all offers! Buildings like this rarely come on market for sale! ONE OF THE 2 BEDROOM UNIT IS VACANT NOW &THE 3 BEDROOM TOWNHOUSE WILL ALSO BE DELIVERED VACANT AT CLOSE OF ESCROW. VERY UNIQUE PROPERTY! GREAT LOCATIION! LET'S MAKE A DEAL!! EASY TO SHOW. THERE'S TWO 2 BEDROOM UNITS NOT LISTED BELOW THAT RENT FOR
Residential Income - ( Front Unit approx 946 sqft ) 3 bedrooms 2 bathrooms - Private Yard - Laundry Area (Back Unit approx 572 sqft) 1 bedroom 1 bathroom [used as a 2 bedroom] - Private Yard - Laundry Area - Parking cemented area can fit about 4 sadans. Short Drive to newly built SoFi stadium (4.5 miles) - Los Angeles Airport (12 miles) - Downtown Los Angeles (8.6 Miles) - Dignity Health Sports Park (9.1 Miles) easy access to the Freeway & public transportation.
An investment property is suitable for the owner to live in and manage. This is an excellent opportunity to own a 4-unit property. Gross rental income of $8403 per month is equipped with 10 bedrooms and 4 bathrooms. Potential ADU more income. Enough parking space and easy alley access.
An exclusive side-by-side Tudor duplex accompanied by an additional ADU, Boasting an impressive total of approximately 6,480 square feet of living space on an expansive 8,878 square foot lot, this residence presents an unparalleled opportunity for investors, with a potential 6+ CAP rate on the horizon. Unit 4440 offers five bedrooms and four bathrooms, providing comfortable and spacious living quarters, while Unit 4442, has seven bedrooms and seven bathrooms, and will be delivered vacant. Along with the two main units is an approximate 350 square foot ADU that can help supplement the property's cash flow. Meticulously updated with new waterproof flooring, sleek bathrooms, and modern kitchens featuring new cabinetry, granite countertops, and stainless steel appliances, both units exude sophistication and style. Additionally, new central AC and ducting ensure year-round comfort and efficiency, while separately metered utilities offer added convenience and flexibility.
An exclusive side-by-side Tudor duplex accompanied by an additional ADU, Boasting an impressive total of approximately 6,480 square feet of living space on an expansive 8,878 square foot lot, this residence presents an unparalleled opportunity for investors, with a potential 6+ CAP rate on the horizon. Unit 4440 offers five bedrooms and four bathrooms, providing comfortable and spacious living quarters, while Unit 4442, has seven bedrooms and seven bathrooms, and will be delivered vacant. Along with the two main units is an approximate 350 square foot ADU that can help supplement the property's cash flow. Meticulously updated with new waterproof flooring, sleek bathrooms, and modern kitchens featuring new cabinetry, granite countertops, and stainless steel appliances, both units exude sophistication and style. Additionally, new central AC and ducting ensure year-round comfort and efficiency, while separately metered utilities offer added convenience and flexibility.
Nestled within the vibrant hills of Echo Park, this distinctive 6-unit building presents an enticing opportunity for both homeowners and investors, boasting captivating vistas of the Downtown Skyline. With a total of 15 bedrooms, 11 bathrooms, and 4150 sq ft of living space, this expansive property is a rare gem, offering a desirable cap rate exceeding 5%. The unit breakdown includes two units featuring 2 bedrooms and 1 bath each, two additional units offering 2 bedrooms and 2 baths each, one unit comprising 3 bedrooms and 2 baths, and a back house unit providing 4 bedrooms and 3 baths. Each unit showcases generous kitchens with an inviting open layout. Recently renovated, the property boasts new flooring, kitchens, bathrooms, fixtures, recessed lighting, appliances, and fresh paint throughout, ensuring modern comfort and style. With separate electrical meters for each unit and parking available for some, this investment promises ample cash flow. Ideally located just minutes away from Downtown Los Angeles, Silver Lake, and Koreatown, residents enjoy easy access to a plethora of amenities and attractions, including Dodger Stadium and the scenic trails of Elysian Park. Enhancing convenience, the complex is gated, while ample parking is provided at the rear of the property. With nearby parks and entertainment options, this dynamic neighborhood offers endless opportunities for leisure and exploration.
We are pleased to present for sale this true Value-add investment opportunity located in the East Hollywood, Koreatown area of Los Angeles. 508 North Ardmore Avenue consists of one three (3) Bedroom, Two (2) Bath plus Den Single Family Residence along with four 2 Bedrooms, 1 Bathroom units. The 4 units were built in 1987 and appear to be Non-Rent Controlled apartments under Los Angeles City rent control. The Three Bedroom House has been remodeled and has a private yard and partial copper plumbing. There are 5 parking spaces, on-site laundry, individual hot water heaters, Central Heating and Air Conditioning and Security Camera System in place. Plenty of rental upside. Two units are currently vacant. Building square feet is approximately 4,103 and sits on a lot size of approximately 8,250 square feet of land. Zoned as LAR3. The subject property is in close proximity to Downtown Los Angeles, Hollywood, Silver Lake, Echo Park and Korea town and conveniently located near the 101 Freeway.
Seize this rare opportunity! This remarkable investment property in East Los Angeles just became even more enticing with a newly adjusted price!! This multifamily property is ideal for visionaries and investors alike. The front unit features 3 spacious bedrooms, 1 bathroom, and a generous 1,459 sqft of living space, complete with a large attached storage room. The back unit offers a comfortable 2-bedroom, 1-bathroom layout across 1,569 sqft, perfect for a variety of living arrangements.What sets this property apart is its incredible potential for transformation. With the ability to add up to 2 Additional Dwelling Units (ADUs) thanks to favorable zoning, you can significantly enhance rental income and capitalize on this prime location. Whether you're an investor looking to maximize returns or a homeowner planning to live in one unit while renting out the other, this property offers flexibility and substantial opportunity.Situated with unparalleled access to major freeways (10, 5, 710, and 60), this property ensures convenience and connectivity for future tenants. This price adjustment represents a golden opportunity to maximize your investment. Whether you're looking to renovate and rent or create a multi-generational living space, this property offers endless possibilities. Don't miss out on this prime investment opportunity! Schedule your viewing and start planning your next project today.
We are thrilled to present a 21 Unit mixed-use compound in Jefferson Park that will be delivered 100% vacant at close of escrow. The property consists of 15 residential units, and 6 commercial units totaling 13,331 RSF. It is perfectly positioined for an investor seeking a high-cash flow property. Potential uses include Project Based Section 8, Permanent Supportive Housing, or a creative application such as "Live-Work" use. With the units being deivered all vacant, a new owner has the opportunity to lease out at Section 8 rents and generate an unheard of 9.09% cap rate! The property has had significant upgrades in the past 5 years including plumbing, electrical service, sewer, HVAC, roof, and interior renovations. There are 14 parking spaces on the 16,906 lot, and the zoning is Lac2. The location is ideal and central to University Park, USC and West Adams. It is 1/2 mile to the Expo Line/Western Station, and in close proximity to Exposition Park, California Science Center, and the Lucas Museum.
Fantastic $125K Price Adjustment - Nestled in the foothills of Montecito Heights, two uniquely enchanting homes offer unmatched privacy and closeness to nature. Set amid lush, tranquil gardens and immersed in birdsong this property seamlessly meshes architectural detail, craftsmanship and modern convenience. The front residence is a delightful 2BR/2BA craftsman bungalow, thoughtfully updated and entirely renovated in 2024. The carefully curated rich color palette, lively textures and meticulously hand-picked lighting fixtures, create a cozy and decadent retreat from the mundane. At the rear of the property, we have a quiet and tranquil 2BR/1B Spanish-style home featuring updated flooring, doors & hardware complimented by sweeping arches. The 6-foot dual pane sliding glass door allows seamless living room expansion to your secluded & serene patio - the perfect space for the person requiring the utmost in peace and privacy. Outside, enjoy three distinct and charming garden spaces. The front features lush trees and an expansive deck offering unbeatable views of the sunset. In the middle, entertain your friends and family at the built-in BBQ and comfy gas firepit or relax amid the fragrant roses and gentle trickle of the fountain. At the rear, a Zen cloister welcomes you to relax and retreat from the noise and chaos just two minutes away. Both of these homes have been extensively upgraded with new sewer, plumbing, electrical, HVAC, windows, doors, paint and more, while remaining deeply respectful, preserving the unique craftsmanship and detail of the homes’ vintage.
$100K Price Reduction! 5.5% cap rate with upside to a 9.3% cap rate! All units are occupied. We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The offering features true rental upside and current ownership just completed a brand new 3 bedroom/2 bathroom ADU that includes white shaker cabinets,quartz counters, LVP floors and beautiful bathrooms. The ADU unit also includes an in-unit washer and dryer and has a AC/Heat Mini Split System. Total square footage is based on 3,666 assessor total square footage plus 1,000 sq ft brand new ADU (Buyer to verify). The value-add apartment boasts strong day-1 income and contains an attractive unit mix of 1, 2 and 3 bedroom floorplans. The property is in one of the hottest markets in Los Angeles surrounded bymulti-million dollar homes and lies in close proximity to all of LA's major employment hubs. This investment presents a very attractive opportunity to own avalue-add apartment on one of the most desirable streets in Baldwin Hills.
$75K Price Reduction! 2023 construction farmhouse style duplex located in a quiet Westchester pocket! Built by TJH, this duplex features two 4 bedroom / 2.5 bathroom townhome units. Currently, both units are occupied making this the perfect investment opportunity! The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit also includes a 2 car garage and 1 outdoor space. Each unit also enjoys in-unit laundry hookups and a private backyard. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities keeping costs low for an investor!
Explore the potential of this classic 1941-built duplex nestled on a 7,227 sq ft lot, zoned LAR2. Each unit of the 1,897 sq ft property features 2 bedrooms and 1 bathroom, offering a balanced blend of comfort and opportunity. Ideal for investors or multi-generational living, this property boasts a prime location with expansion possibilities, appealing to both seasoned and novice real estate enthusiasts. Don't miss out on this unique investment opportunity!
We are proud to present this newer construction 22-unit multifamily property located at 5026 Rosewood Ave, Los Angeles, CA 90004. Built in 2017, the property is 100% non-rent controlled. This 31,506 square foot property sits on a large 0.31-acre lot, and it boasts an excellent unit mix of (16) 2 bed units and (6) 3 bed units. The units are very large with the average unit being about 1,400 square feet.All units come with a full suite of new stainless-steel appliances, central HVAC system with NEST thermostat, a private balcony, and an in-unit washer & dryer. The very secured and gated property has a subterranean parking lot operating by an automatic gate with ample parking and bicycle storage, and the tenants also have convenient access to an elevator serving all four oors.At $362 per square foot, this offering is priced below replacement cost, and it offers the buyer an estimated 20% upside potential on current rental income. Hancock Park is a distinguished and afuent neighborhood located in central Los Angeles, celebrated for its picturesque tree-lined streets and historic charm. This prime location offers a serene residential atmosphere while maintaining convenient access to the vibrant cultural and culinary offerings of nearby Hollywood and Downtown Los Angeles. With the prestigious Wilshire Country Club and the Los Angeles Tennis Club within its boundaries, Hancock Park is a highly desirable area for upscale living. This new 22-unit apartment building represents a unique investment opportunity in one of the city's most sought-after communities, perfect for discerning residents seeking both luxury and accessibility in the heart of Los Angeles.
Don't miss out on this fantastic opportunity to acquire a sizable lot near Larchmont Village! Nestled on a serene, tree-lined street, this meticulously maintained triplex exudes charm and is situated in a welcoming neighborhood. Spanning an impressive 7,258 square feet, with dimensions of 50 feet by 145 feet, this property boasts a zoning designation of TOC Tier 2 R3. It's a prime prospect for small lot developers, offering ample potential as an end product. Under Tier 2 TOC (Transit Oriented Community) guidelines, there's a significant 60% maximum increase permitted in the number of units, beyond what the zoning typically allows. In addition to its appeal for developers, there's also a tremendous opportunity for value creation by renovating the existing building and incorporating ADUs (Accessory Dwelling Units). This strategy can transform the property into a lucrative income-generating asset, offering an alternative to new construction. With the potential to maximize rental income through strategic renovations and additional units, this approach enhances the property's investment potential. Conveniently positioned near all amenities, including Larchmont Village, Paramount Studios, local grocery stores, restaurants, shopping outlets, and Melrose cafes. Plus, the proximity to the new Target development on Sunset & Western, just 4 minutes away, adds another layer of convenience.
1002 N Mariposa Ave is a beautiful 28-unit courtyard property located in the heart of Hollywood. Consisting of all large units, 25 of the 28 units are two bedrooms. Asking only 11.16 GRM and 5.46% cap with LOW LOW rents, this offers a new investor approximately 60% upside potential. Please do not disturb the tenants as the building is fully occupied.
Great investment opportunity to add to your portfolio of rental properties. Over $100,000 spended for exterior upgrades recently. Located in Boyle Heights of Los Angeles with easy access to Downtown Los Angeles and only approximately 7 miles from USC. Units are currently all occupied. Do not miss this great opportunity! County record shows: Multi-Family 3-Unit, but seller bought the property with 4 existing units with 4 long term tenants inincluded. Seller keeps the rents low, there is much room to increase. Per seller, City just recently approved the property as 4 units( documents to be verified and followed)
KW Commercial is proud to present this newly constructed, fully stabilized 4-unit income generator! No LA City Housing rent control. Easy to manage, easy to rent. 100% occupied with happy, paying tenants. All existing rents are fair-market: $3450-$3650 per unit/month. Start earning $14,200/mo starting day 1 of ownership. All units are 4 bedrooms/3 (full) bathrooms. No deferred maintenance at the time of listing. Each unit is built as a modern 2-storey townhouse style w/ wood-like floorings and stainless steel appliances. Very popular with renters in this area. 8 on-site parking spaces. All units are separately metered for power, gas and water. No master meters = no bill for owner. Trash is billed to tenants through LADWP. Don't miss this opportunity. Perfect for 1031 exchange!
Welcome to 3611 El Sereno Dr, a charming and spacious home nestled in the heart of Los Angeles, CA. This beautifully maintained property has an ADU. ADU was recently built and in move-in condition. 3611 EL Sereno is a 2bed 2bath 1040 sq feet. 3613 El Sereno is a 2bed 2bath 897 sq feet. 3611 1/4 El Sereno middle unit ADU is 1bed 1bath 470 square feet. Conveniently located in the desirable neighborhood of Los Angeles, this home offers easy access to shopping, dining, entertainment, and major transportation routes. With its prime location and impeccable features, 3311 El Sereno Dr presents an incredible opportunity to experience the best of Southern California living. Don't miss out on the chance to make this exceptional property your new home sweet home!
Situated in the heart of El Sereno, this property benefits from its proximity to major transportation routes, shopping centers, schools, and recreational facilities. Residents enjoy easy access to all the amenities the city has to offer. This investment opportunity comprises seven units spread across two separate buildings. The majority of these units are single-story, consisting of one large 3-bedroom and 1-bathroom unit, along with six spacious 2-bedroom and 1-bathroom units, averaging 938 square feet per unit. Nestled on a sprawling lot of 20,000+ square feet, tenants also enjoy individual garage parking as well as onsite parking. Rents are are substantially below market providing a value add opportunity for an astute investor operator.
Experience a truly unique gem nestled in the heart of Leimert Park - a stunning Spanish-style beauty showcasing six impeccably maintained units. Many of these units have been extensively remodeled and upgraded, boasting modern touches like new flooring, granite countertops, and elegantly renovated bathrooms.The building features two spacious 2-bedroom, 1-bathroom units and four generous 1-bedroom, 1-bathroom units. Each residence offers a sizable living room and dining area, with select units boasting decorative fireplaces and higher ceilings for added allure.Moreover, this property offers the convenience of garage parking and on-site leased washer and dryer facilities, further enhancing its appeal to potential tenants.Perfectly positioned in a central location, this investment property grants easy access to shopping centers, diverse dining options, and entertainment hubs, solidifying its attractiveness to renters. This rare opportunity in the vibrant Leimert Park area won't linger on the market for long.
Here's an exceptional opportunity to own a superb property in a highly sought-after location. This building not only boasts low-maintenance upkeep but also offers ease of management, making it an ideal investment choice. The majority of units feature distinctive high vaulted ceilings, enhancing their allure and appeal.This property includes three garages and seven carports, providing ample parking space for residents. With central water heating and separate utility metering, it offers added convenience and efficiency. Additionally, tenants benefit from a dedicated laundry room within the building.Bringing forth immense potential, this property is strategically situated in a central location. It comprises a diverse mix of units, including a spacious 3-bedroom, 1.5-bathroom unit, a comfortable 2-bedroom, 1-bathroom unit, four cozy 1-bedroom, 1-bathroom units, and three single units with 1 bathroom each.Conveniently adjacent to Leimert Park, residents enjoy easy access to public transportation, including trains and buses. Don't let this remarkable investment opportunity slip by!
Exceptional Triplex Investment Property!!!!! Opportunity Knocks! Capitalize on this rare chance to own an upgraded and versatile investment property, promising a significant income-generating potential. Total of 3 units (Two 2 Bedroom & 1 Bath units, One 1 Bedroom & 1 Bath unit) Excellent, with numerous upgrades throughout Seeking an astute investor ready to take advantage of an already outfitted triplex. Investment Highlights: Space to Grow: Room for the addition of living spaces, tailor-made for expanding rental prospects or personal customization. A Due Diligence Reminder: Buyers are advised to conduct their own investigations to affirm the property's potential and compliance with all local regulations. For more details or to express your interest, please call the listing agent today. Don't miss this unparalleled investment prospect positioned for growth and profitability! Please do not go direct or disturb tenants. Thank you!
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.